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Corporate headquarters in focus – new head of Deutsche Bahn cuts over 1,000 jobs

More than 1,000 jobs are being cut at Deutsche Bahn’s headquarters as new CEO Evelyn Palla implements a tough course of action. These job cuts form the core of the reform, which also brings the board closer to day-to-day operations. Punctuality and customer service are also under pressure, prompting management to announce a sweeping restructuring […]

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Investor demands spin-off of loss-making wind power business at Siemens Energy

The debate surrounding a potential spin-off of Siemens Energy is intensifying, as an activist investor is pushing for a clear separation from the loss-making wind energy business. Ananym Capital believes the company would be significantly more valuable without this division, and the fund also sees considerable share price potential. At the same time, the performance

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“The rest of the world is laughing at us” – Entrepreneur Herrenknecht settles accounts with politicians

In an interview with Handelsblatt, entrepreneur Martin Herrenknecht paints a stark picture of the state of Germany as a business location. He criticizes bureaucracy, China strategy, infrastructure, and the labor market equally. “Other countries are laughing at us,” warns the CEO, describing a republic bogged down in bureaucracy while competitors act more decisively. His analysis

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Electric steel production halted – Thyssenkrupp abruptly suspends production

Thyssenkrupp is temporarily suspending electric steel production. The relevant plants will be shut down from mid-December. This means electric steel production will be temporarily suspended, even though the material remains indispensable for key industrial applications. According to internal assessments, around 1,200 jobs related to electric steel production are at serious risk. At the same time,

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Anger and despair – mechanical engineering loses trust in government

The German mechanical engineering sector will experience a profound crisis of confidence in 2025. Numerous companies will lose faith in the political leadership as the business climate deteriorates once again and key reform initiatives fail to materialize. Furthermore, bureaucracy is paralyzing many businesses, while innovation is less frequently originating in Germany. This mixture of frustration

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EU approves extensive state funding for Poland’s nuclear power plant

Poland is pushing ahead with its new nuclear power plant as a key project in its national energy transition, and the EU has approved crucial state funding for it. The European Commission has thus given the green light to a project that strengthens Poland’s position in the European energy market and simultaneously initiates a profound

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Despite the green energy boom, Spain is sliding deeper into a national energy imbalance

Despite ideal conditions for solar and wind power, Spain is struggling with a growing imbalance. A high proportion of gas, significant overproduction, unstable electricity prices, and increasing grid congestion are putting immense pressure on the energy system. This combination creates a structural imbalance. A surplus of green energy is driving tariffs down so drastically that

Despite the green energy boom, Spain is sliding deeper into a national energy imbalance Read More »

The EU plans to introduce its own corporate taxes to cover increased spending

The European Commission is focusing its efforts on new corporate taxes to cover rising expenditures. This move comes as several member states oppose higher contributions. Brussels is also aiming for increased EU own resources, relying on structural reforms to the financial framework. Defense financing is also coming into focus due to rising geopolitical risks. In

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A battery fire in an electric truck paralyzed the A46 motorway for hours

A battery fire on an electric truck transporting hazardous materials led to a complete closure of the A46 near Haan for several hours. The incident involved a hazardous materials transport using a modern high-voltage battery, prompting emergency services to completely close the A46. The electric truck caught fire after an accident, and the battery fire

A battery fire in an electric truck paralyzed the A46 motorway for hours Read More »

Reactor technology between progress and populism – Söder’s nuclear policy under scrutiny

Markus Söder is calling for a return to nuclear power, presenting himself as a champion of modern reactor technology. He justifies this by citing an allegedly existing Small Modular Reactor in Canada, using it as an argument for new nuclear power in Germany. However, this claim does not stand up to scrutiny. Not a single

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Machine manufacturer Voith in Heidenheim is planning a major restructuring – 2,500 jobs are to be cut

Voith’s industrial restructuring is hitting Heidenheim hard. The company plans to cut 2,500 jobs as part of a comprehensive corporate reorganization. The job cuts, strategic realignment, rising energy costs, and increasing competitive pressure form the economic basis for this decision. Heidenheim is symbolic of the challenges facing Germany as an industrial location, as its mechanical

Machine manufacturer Voith in Heidenheim is planning a major restructuring – 2,500 jobs are to be cut Read More »

Deutsche Bahn plans to buy Chinese electric buses

The state-owned company Deutsche Bahn plans to purchase Chinese electric buses, directly contradicting political demands for greater economic patriotism. Especially during a period of weak economic growth, leading politicians are calling for industrial responsibility, while the state-owned company is placing orders in China of all places. This decision simultaneously strains the debate surrounding electric buses,

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A large majority of the population in the Czech Republic supports the nuclear program

The Czech population strongly supports the expansion of nuclear energy. According to a representative Ipsos survey, 77 percent of citizens favor the further development of nuclear power. At the same time, 93 percent agree with the goal of ensuring the country’s energy independence. Against this backdrop, the planned construction of two APR1000 pressurized water reactors

A large majority of the population in the Czech Republic supports the nuclear program Read More »

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