Ahead of talks with Volkswagen management, the trade union IG Metall has threatened the automaker with strikes if it does
Union threatens major industrial action ahead of talks with Volkswagen Read More »
In Ueckermünde, Mecklenburg-Western Pomerania, an iron foundry employing around 300 people is facing closure. On October 16, 2026, the Breyden
Foundry closure in Ueckermünde – 300 jobs lost Read More »
According to the head of the International Energy Agency (IEA), oil prices are likely to remain high for the foreseeable
Energy agency chief does not expect oil markets to normalize by 2027 Read More »
The Swiss tobacco company Villiger will cease its cigar production in Waldshut-Tiengen, Baden-Württemberg, by the end of 2027. After 115
Tobacco company Villiger closes German plant – a consequence of higher tobacco taxes? Read More »
According to a study, industrial companies in Germany have shed nearly half a million jobs since 2019—most notably in traditionally
Study: German industry has cut nearly half a million jobs since 2019 Read More »
Ryanair’s withdrawal from Berlin deals a significant blow to the capital’s airport, BER. Citing high taxes and airport charges, the
Ryanair’s withdrawal from Berlin – high costs drive airlines out of Germany Read More »
On October 5, the solar specialist Next2Sun filed for insolvency proceedings under self-administration for two of its subsidiaries: Next2Sun Technology
Next2Sun Insolvency – Solar Pioneer Fails Due to Financing Issues and Lack of EU Funding Read More »
The Walzengießerei Coswig (Roll Foundry Coswig) in Saxony will permanently cease production at the end of November 2026. This marks
Coswig Roll Foundry closes after 134 years – high energy costs cost 170 jobs Read More »
High energy prices drove inflation to its highest level since late 2023 in September. The inflation rate stood at 3.3
High energy prices: Inflation in September at highest level since late 2023 Read More »
The offshore supplier EEW plans to cut more than 100 permanent jobs by the end of the year. At the
EEW cuts more than 100 jobs in Rostock – offshore slump hits supplier Read More »
Lippstadt/Nanterre – In early October 2026, Forvia CEO Martin Fischer warned of further consolidation in the global automotive supplier industry.
After two sharp increases in June and July, orders for German industry slumped in August: incoming orders in the manufacturing
Industrial orders slumped in August – but three-month trend remains positive Read More »
Deutsche Telekom aims to save billions of euros through artificial intelligence (AI) and automation; the company announced on Monday that
Deutsche Telekom aims to save 2.5 billion euros by 2030 using AI and automation Read More »
Cologne: The US chemical company Westlake is closing its PVC plant in Cologne in the first quarter of 2027. Around
Westlake closes PVC plant in Cologne – 120 jobs lost Read More »
Braunschweig/Wolfsburg – Two developments are currently converging at Volksbank BraWo (short for Volksbank Braunschweig-Wolfsburg). The bank is reporting a preliminary
Volksbank Braunschweig-Wolfsburg posts €608 million loss: Now the dominoes are toppling Read More »
