For a long time, it seemed BMW was doing everything better—now the automotive crisis is reaching Bavaria, too
On June 16, 2026, BMW significantly lowered its annual forecast in Munich. The weak automotive market in China and the […]
On June 16, 2026, BMW significantly lowered its annual forecast in Munich. The weak automotive market in China and the […]
Employment in German industry fell to a ten-year low in 2025. Nationwide, only around 6.6 million people were employed in
Industrial employment falls to ten-year low: 124,000 jobs lost in one year Read More »
Berlin and Brussels – More than three dozen industrial groups are calling for an end to the escalating costs associated
Escalating CO2 costs: Industry calls for a halt to further increases Read More »
Nestlé ceased production at the Thomy plant in the Neuss harbor on June 9, 2026. Remoulade was the last product
Nestlé closes Thomy plant in Neuss: Production ends after more than 100 years Read More »
Heidelberger Druckmaschinen is further expanding its international manufacturing operations in the 2026/2027 fiscal year. The group now manufactures its best-selling
Heidelberger Druckmaschinen moves successful model to China and cuts 450 jobs Read More »
The home improvement chain Hellweg has filed for insolvency under self-administration with the Essen District Court. Based in Dortmund, the
DIY chain Hellweg files for insolvency: 68 stores and 2,900 employees affected Read More »
Volkswagen’s leadership views the Group’s economic situation in June 2026 with unusual severity. Six of the nine senior executives surveyed
Following a corporate event in Hamburg on June 11, 2026, Siemens Energy anticipates strong demand for gas turbines through 2035.
Siemens Energy bets on gas boom: AI data centers drive demand Read More »
Corporate bankruptcies in Germany rose significantly in the first quarter of 2026. Local courts reported 6,275 business insolvencies—an increase of
Corporate insolvencies are rising sharply: the number increased by 15.8 percent in March Read More »
Nextmove, an electric vehicle rental company based in Arnstadt, Thuringia, has been undergoing restructuring under self-administered insolvency proceedings since June
Nextmove insolvent: EV rental company’s van strategy fails; restructuring required Read More »
The pharmaceutical company Pfizer is reviewing its investments in Germany in light of the federal government’s planned healthcare reform. In
Pfizer reviews investments in Germany due to healthcare reform Read More »
In June 2026, the crisis facing German foundries is intensifying as high electricity prices, rising CO₂ costs, weak order volumes,
According to union figures, thousands of people took to the streets in Berlin and Saarland on Friday to support the
Workers demonstrate in Berlin and Saarland for a sustainable steel industry Read More »