Economy

Covestro is focusing its next major chemical expansion on China and the Persian Gulf. The Leverkusen-based plastics company is planning

In Germany, cement consumption figures from late June 2026 starkly illustrate the severity of the construction crisis. According to the

Within just a few days, job cuts at Volkswagen have escalated into one of Germany’s major industrial crises. In late

The financial plight of many hospitals in Germany is intensifying. The insolvency of the operator of Marienhospital Stuttgart starkly illustrates

Playmobil will cease production of its figures in Germany at the end of June 2026. Manufacturing operations in Dietenhofen, Central

From its headquarters in Wolfsburg, Volkswagen is pushing ahead with the sale of a majority stake in MAN Energy Solutions.

The restructuring plan for DB Cargo is largely finalized. During the week of June 15, the management board and employee

Shipbuilding at the site of the former Sietas shipyard in Hamburg-Neuenfelde will come to an end on June 30, 2026.

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

Berlin and Brussels – More than three dozen industrial groups are calling for an end to the escalating costs associated

Nestlé ceased production at the Thomy plant in the Neuss harbor on June 9, 2026. Remoulade was the last product

Heidelberger Druckmaschinen is further expanding its international manufacturing operations in the 2026/2027 fiscal year. The group now manufactures its best-selling

The home improvement chain Hellweg has filed for insolvency under self-administration with the Essen District Court. Based in Dortmund, the

Volkswagen’s leadership views the Group’s economic situation in June 2026 with unusual severity. Six of the nine senior executives surveyed