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Germany Trade & Invest

OECD Deems Germany “Global Leader” in Artificial Intelligence

Berlin (ots) - In a new report, the Organization for Economic Co-operation and Development found that Germany was a world-class environment for AI and pointed out room for further development and growth. The OECD study “Artificial Intelligence Review of Germany” praised Europe’s largest economy for showing “vision” and “leadership” in becoming one of the ...

Germany Trade & Invest

Germany Leads Europe, Second in World in EV Production

Berlin (ots) - The German automotive industry association VDA says that 995,000 purely electric vehicles rolled off German assembly lines in 2023. All told, some 1.27 million purely electric (BEV) and hybrid (PHEV) vehicles were made in Germany in 2023, the second highest number in the world behind China. China dominates global EV production, but the vast majority of its cars are sold domestically. By contrast 76 percent ...

Germany Trade & Invest

Germany Sets Quarterly Record for Renewable Energy Generation

Berlin (ots) - European largest economy generated and fed into the national grid 121.5 billion kilowatt hours of electricity in the first quarter of 2024. Renewables accounted for 58.4 percent of all electricity produced in Germany in the first three months of this year. That is more than for any quarter since statistics of this sort began to be collected in 2018. The 121.5 billion kilowatt hours represented an annual ...

Germany Trade & Invest

Germany Records Big Rise in Foreign Direct Investment in 2023

Berlin (ots) - The volume of international business expansions to and in Europe’s largest economy increased by over 37 percent last year. Germany attracted 34.8 billion euros worth of international business projects in 2023 – that’s the result of Germany Trade & Invest’s (GTAI) annual FDI study. The figure includes both greenfields and expansions. It does not include any mergers or acquisitions. The comparable ...

Bosch Healthcare Solutions GmbH

Additional partnership in medical technology: Bosch and R-Biopharm to strengthen Vivalytic analysis platform

Darmstadt, Gerlingen, and Waiblingen, Germany (ots) - Plans to use innovative Bosch BioMEMS technology in PCR tests for multiresistant bacteria - Bosch and R-Biopharm are jointly investing 150 million euros in the development of new PCR tests and in marketing. - PCR test for multiresistant gram-negative (MRGN) ...

DHL Group

PM: DHL und Prada Group tragen mit Sustainable Aviation Fuel zu nachhaltigerem Luftfrachttransport bei / PR: DHL and Prada Group contribute to more sustainable air freight with SAF

EcoNetix GmbH

Climate-Tech Start-Up EcoNetix secures 7-digit Seed Investment Round

Vienna (ots) - In March 2024, the Vienna based climate-tech start-up EcoNetix secured a 7-digit seed investment round comprising lead investor Voltares Ventures, Persistent and asc impact. EcoNetix develops a data-driven tech solution for monitoring and tracking CO2 savings (dMRV) and is building a global carbon credit portfolio. With local partners, EcoNetix develops ...

ARTCLINE GmbH

ARTCLINE successfully completes capital increases of EUR 4.4 million

Rostock, Germany (ots) - Today ARTCLINE GmbH announced the successful completion of two further capital increases. In addition to the founders, in particular family offices from Germany participated in the first capital increase of EUR 0.8 million. In addition, a convertible loan from investors was transferred to equity, so that a second capital increase of EUR 3.6 ...

Germany Trade & Invest

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 all-time high. The figures include commercial, university and non-university research. R&D investments by businesses grew by eight percent, reaching EUR 81.8 billion. That's ...

Germany Trade & Invest

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 than the previous year. That represents a reduction of around ten ...

Germany Trade & Invest

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 residence law will come into force in Europe’s largest economy. Easements for the EU Blue Card have already been in place since November 2023. The new support measures mainly ...

Germany Trade & Invest

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 for the production plant took place on February 1 in the port area of Niedersachsen Ports, the country's largest public seaport operator. According to Lhyfe, the new facility ...

Rameder Anhängerkupplungen und Autoteile GmbH

Rameder Group / Rameder strengthens its position as European market leader through expansion into Southern Europe

recalm GmbH

KRONE INVESTS IN ACOUSTICS SPECIALIST RECALM

Spelle (ots) - Maschinenfabrik KRONE and technology company recalm, which specialises in acoustic solutions, have entered into a strategic partnership to improve health and comfort and reduce dangerous noise in the driver's cab. KRONE has also invested in recalm via Silver Crown Capital. Thanks to recalm's unique Active Noise Cancelling technology called ANCOR, a significant reduction in noise levels and a completely new ...

Germany Trade & Invest

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 by 4.4 percent in 2024 – three to four times as much as prognoses for German GDP as a whole. In 2023, the industry grew by 2 percent, reaching EUR 215 billion, according to ...

Vistec Electron Beam GmbH

High-tech fab in Dresden receives state-of-the-art electron-beam lithography system

Jena (ots) - Investment in new production tool for the semiconductor equipment industry. Jenoptik is investing a low double-digit million-euro amount in a state-of-the-art system for the high-tech fab currently under construction in Dresden. The new electron-beam lithography system (E-Beam) will be used to manufacture high-precision micro-optical components for ...

Germany Trade & Invest

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 stuck treading water in 2023, but that didn’t deter major international companies from launching major expansion projects in Europe’s largest economy. In August, Taiwanese ...

LTS Lohmann Therapie-Systeme AG

LTS receives $4.3 Million grant for the development of contraceptive Microneedle Array Patches

LTS Lohmann Therapie-Systeme AG

LTS receives grant of $1.2 Million to support the development of thermostable mRNA formulations for Microneedle Array Patches

DHL Group

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PM: DHL baut neues europäisches Innovation Center in Troisdorf und setzt dabei ganz auf Nachhaltigkeit / PR: DHL breaks ground on cutting-edge European Innovation Center in Germany, prioritizing holistic sustainability

Germany Trade & Invest

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 people from outside the EU who wish to live and work in the country. Under the new Skilled Immigration Act and the new EU Blue Card, people with a university degree and a job ...

Aleph Alpha

Aleph Alpha raises a total investment of more than half a billion US Dollars from a consortium of industry leaders and new investors

DHL Group

PM: DHL Supply Chain investiert in Südostasien 350 Millionen Euro, um die Lieferketten der Kunden resilienter zu machen / PR: DHL Supply Chain commits EUR350 million in Southeast Asia to help strengthen customers’ supply chain resiliency

Germany Trade & Invest

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 development bank, the KfW, and is capped, for the moment, at EUR 500 million. The KfW says that after 33,000 were applications filed within 24 hours, no more requests will be ...