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Germany Trade & Invest

19.03.2024 - 13:00

2022 Marked a Record for German R&D Investments

Berlin (ots) - EUR 121.4 billion was spent in Germany on reasearch and development - more than ever before in a single year. According to the Federal Statistical Office, the amount of money devoted to R&D rose by seven percent in 2022, reaching an ...To the press release of Germany Trade & Invest

15.03.2024 - 13:53

Germany Now on Course to Reach CO2 Goals / The reduction in carbon dixioide emissions from 2022 to 2023 suggest that Germany can meet its ambitious climate targets by 2030

Berlin (ots) - Ten percent - that was the annual decrease in German CO2 output last year, according to the Federal Environmental Agency (Umweltbundesamt). Germany emitted 673 million tons of greenhouse gasses in 2023, 76 million million tons fewer ...To the press release of Germany Trade & Invest

29.02.2024 - 14:00

Germany relaxes entry regulations for international skilled workers

Berlin (ots) - Germany has introduced new legislation that will relax entry requirements for qualified non-EU professionals who wish to live and work in the country. As of March 1, 2024, a major part of the legislative package to modernize German ...To the press release of Germany Trade & Invest

01.02.2024 - 17:00

Construction begins on 10 MW hydrogen plant in Brake

Berlin / Brake (ots) - Lhyfe, a leading European producer of green and renewable hydrogen for transportation and industrial applications, is set to begin construction of a 10 MW green hydrogen plant in Brake (Unterweser). The groundbreaking ceremony ...To the press release of Germany Trade & Invest

11.01.2024 - 13:28

Robust 2024 Growth Forecast for Digital Industry in Germany

Berlin (ots) - Leading digital industry association Bitkom says that the sector is poised to outperform other parts of the German economy in the coming year. Bitkom predicts that the German information technology and communications market will grow ...To the press release of Germany Trade & Invest

27.12.2023 - 13:30

Germany Remains Top International Business Expansion Location

Berlin (ots) - Despite negative headlines and transnational economic challenges, a lot went right for the German business sector in 2023, says the country’s international economic promotion agency, Germany Trade & Invest. German GDP may have been ...To the press release of Germany Trade & Invest

17.11.2023 - 14:00

Germany Becomes More Friendly to International Skilled Labor

Berlin (ots) - The country with Europe’s largest economy has eased the requirements for non-EU nationals, particularly those with needed skills, to gain employment permits. As of November 18, rewritten legislation in Germany makes it easier for ...To the press release of Germany Trade & Invest

27.09.2023 - 13:18

Massive Interest in German Home Solar EV Charging Station Subsidy

Berlin (ots) - Germany is offering support to property owners to install chargers for electric vehicles – applications exhausted the EUR 300 million allocated for 2023 in a single day. The new assistance program is administered by Germany’s ...To the press release of Germany Trade & Invest

08.08.2023 - 15:51

TSMC to Build Multi-Billion-Euro Chip Factory in Germany

Berlin (GTAI) (ots) - Taiwanese semiconductor manufacturer TSMC plans to construct a massive new production facility in the eastern German city of Dresden. The volume of its Dresden expansion will be at least EUR 10 billion. The new plant for ...To the press release of Germany Trade & Invest

31.07.2023 - 14:48

BioNTech and Beyond: New Podcast on German Biopharma

The latest edition of Germany Trade & Invest's German business podcast, Into Germany, features four pharma industry leaders and experts discussing the future of the sector. BioNTech and Beyond is the topic of the latest episode of the monthly ...To the press release of Germany Trade & Invest

12.07.2023 - 14:18

AI Boom Sparks German Start-Up Recovery

Berlin (ots) - Despite recent dips in financing, more and more young technology companies are being founded in Europe’s largest economy. The recovery is being driven in part by the intense interest in artificial intelligence applications. The ...To the press release of Germany Trade & Invest

12.07.2023 - 12:00

EU Mandates Greater Recyclability in Batteries

Berlin (ots) - The European Council has approved new regulations requiring batteries to be far more recyclable. The rules mean novel business opportunities in Germany. Under the regulations, producers will be responsible for collecting set ...To the press release of Germany Trade & Invest

15.06.2023 - 16:30

Germany Joins Europe Startup Nation Alliance (ESNA)

Berlin (ots) - Europe’s largest economy is backing the initiative to optimize conditions for fledgling companies throughout the European Union and Iceland. Germany’s startups commissioner, Anna Christmann, has announced that Germany is becoming ...To the press release of Germany Trade & Invest

09.06.2023 - 13:05

Germany Invested Nearly EUR 1.5 Billion in Energy Research in 2022

Berlin (ots) - German government spending on energy research rose by 13 percent last year. That’s according to the Ministry for Economic Affairs and Climate Action’s (BMWK) annual report on the topic. The state invested EUR 1.11 billion in 7365 ...To the press release of Germany Trade & Invest

07.06.2023 - 16:22

Germany to Invest Billion-Plus in Environmental Trucking

Berlin (ots) - The German Ministry of Digital and Transportation is putting more than EUR one billion into climate-friendly transport vehicles. This additional money comes after the ministry received four times as many applications for support for ...To the press release of Germany Trade & Invest

25.05.2023 - 13:00

Germany to Get Comprehensive Hydrogen Distribution Infrastructure

Berlin (ots) - The governing German cabinet has approved plans for to establish a core network to distribute hydrogen as an energy carrier throughout the country. The proposed legislation is part of Germany’s ambitious strategy to become ...To the press release of Germany Trade & Invest

22.05.2023 - 11:53

Germany Books Massive Foreign Direct Investment Increase in 2022

Berlin (ots) - The United States and post-Brexit Britain drove an unprecedented level of FDI in Germany in the past year. Even without a huge investment by chipmaker Intel, the value of business expansion was up considerably. Despite the economic ...To the press release of Germany Trade & Invest

20.04.2023 - 16:34

German Government Mandates and Funds Renewable Home Heating

Berlin (ots) - Germany’s governing cabinet has decided to require all newly installed heating units, as of next year, to be at least 65 percent renewably powered. Government assistance to homeowners will be provided. The proposed legislation, ...To the press release of Germany Trade & Invest

20.04.2023 - 15:16

German Energy Efficiency Law Sets Ambitious Goals

Berlin (ots) - Germany’s governing cabinet has agreed draft legislation aimed at dramatically lowering its energy use by increasing efficiency. The Energy Efficiency Law (EnEfG) fulfills a mandate from the European Union’s Energy Efficiency ...To the press release of Germany Trade & Invest

29.03.2023 - 13:00

Germany to Invest Billions, Cut Bureaucracy in Transportation Projects

Berlin (ots) - After marathon negotiations, Germany’s government coalition has agreed to massive investments and streamlined permit procedures for transportation infrastructure. Representatives from the three parties that make up the German ...To the press release of Germany Trade & Invest

07.03.2023 - 15:04

Positive Growth in Germany Service Sector, Industrial Orders

Berlin (ots) - The Federal Statistics Office has published some surprisingly good numbers for German services and manufacturing in 2022 and early 2023. Hefty growth in services and a possible upward trend in industry – that’s the news coming out ...To the press release of Germany Trade & Invest

11.01.2023 - 14:29

Germany's Digital Economy to Break EUR 200 Billion Mark

Berlin (ots) - The German digital sector will smash its previous record for turnover in 2023, predicts the country's leading digital industry association. Digital is doing extremely well in Deutschland. That's the conclusion of a study by industry ...To the press release of Germany Trade & Invest

18.11.2022 - 13:38

Germany To Build First Green Ammonia Import Terminal

Berlin (ots) - The German government will be constructing the facility together with two private companies to receive imports from Saudi Arabia as part of its clean energy transition. Germany has decided upon the northern city of Hamburg for the ...To the press release of Germany Trade & Invest

11.11.2022 - 13:09

Germany Offers State Relief on Gas Prices

Berlin (ots) - Germany’s main parliament, the Bundestag, has passed legislation allowing small and medium-sized businesses, as well as private households, to skip their December gas bills. Germany is taking an unusually direct approach to help ...To the press release of Germany Trade & Invest

10.11.2022 - 13:00

Germany to Create Its First Quantum Computing Business Cloud / The German government is investing tens of millions in a consortium to help businesses benefit from the latest supercomputer technology

Berlin (ots) - Germany’s Ministry of Economic Affairs and Climate Action (BMWK) has contracted software company QMWare and cloud specialist IONOS, together with the University of Stuttgart and the Fraunhofer FOKUS research institute, to construct ...To the press release of Germany Trade & Invest

03.11.2022 - 12:28

Study Shows US-German Business Fully Recovered from Corona

Berlin (ots) - The American Chamber of Commerce in Germany’s annual survey of the top 50 US companies in Europe’s largest economy finds trans-Atlantic business back on track after pandemic disruptions. But other challenges remain. “A strong ...To the press release of Germany Trade & Invest

12.10.2022 - 14:15

Germany Invests Big to Accelerate Heating Revolution

Berlin (ots) - Heat pumps are all the rage in Germany – and now the government is offering millions in research grants for projects aimed at decarbonizing heating and cooling. Germany’s Ministry for Economic Affairs and Climate Action has issued ...To the press release of Germany Trade & Invest

11.10.2022 - 13:43

Germany is the Patent Powerhouse of the Europe Union

Berlin (ots) - A study by the European Patent Office (EPO) has confirmed that the EU’s largest economy leads the way in patents, trademarks and designs. Data from the European Patent Office highlights Germany’s dominance in practical industrial ...To the press release of Germany Trade & Invest

07.10.2022 - 17:00

German Health Sector Rebounded to Set New Record in 2021

Berlin (ots) - A study commissioned by the German Ministry for Economic Affairs and Climate (BMWK) shows gross value added in the industry reaching a new high last year. A study released today by Germany’s Ministry for Economic Affairs and Climate ...To the press release of Germany Trade & Invest

05.05.2022 - 13:00

US Tops List of Foreign Direct Investment in Germany

Berlin (ots) - According to statistics annually compiled by Germany Trade & Invest (GTAI), the number of FDI projects bounced back significantly last year, nearly reaching pre-corona levels. American companies led the way. – 1806 international ...To the press release of Germany Trade & Invest