Economy

Warsaw/Brussels – Poland’s economic growth accelerated again in the second quarter of 2026. According to preliminary data released on August […]

Kleve – An increasing number of cooperative banks are requiring assistance from their own protection scheme. Volksbank Kleverland has now

Tschernitz – In early August 2026, final efforts to save Glasmanufaktur Brandenburg (GMB) definitively failed. No new investor was found

Sennfeld – On August 5, 2026, Accell Germany and three German subsidiaries filed for insolvency proceedings under self-administration with the

Gründau – US automotive supplier Lear is moving production away from its Gründau site in Hesse, effectively withdrawing those operations

Germany is reporting rising exports and economic growth, yet corporate bankruptcies continue to increase. In June 2026, goods exports were

Radolfzell am Bodensee – The German mechanical engineering sector is losing another medium-sized industrial company: Engmatec. By early August 2026,

Herzogenaurach – Schaeffler is cutting around 1,300 additional jobs in Germany. The company is responding to weak automotive markets, high

The VDI/IW Engineer Monitor published on August 3, 2026, reports a new record high for Germany. In the fourth quarter

Düsseldorf – A PwC study published in early August 2026 fundamentally calls into question Germany’s multi-billion-euro strategy for green steel.

On July 30, 2026, Altech terminated its Cerenergy project in the Saxon section of the Schwarze Pumpe Industrial Park. The

Germany – As of late July 2026, banks are tightening lending criteria for German automotive suppliers. Declining orders from automakers

Ludwigshafen – Job cuts at BASF accelerated significantly in the first half of 2026. Since the beginning of 2024, the

Böhlen/Schkopau – By late July 2026, the chemical industry crisis in Central Germany is intensifying into concrete industrial downsizing. Dow