Business

A centuries-old Bavarian brewery has ceased its beer production. The Schlössle Brewery in Neu-Ulm will no longer brew its own beer after...

The automotive industry of Germany is facing a crisis, and suppliers are feeling the impact. Spring manufacturer Erwin Lutz has now filed...

The NGG union is calling for warning strikes at major fast food chains in Germany, including McDonald's and Burger King. This action...

W. Bockstiegel Reederei GmbH & Co. KG, a shipping company based in Emden, Germany, has declared insolvency. The Aurich district court has...

German discount retailer Aldi plans to significantly expand its workforce in the United States. The company aims to hire 13,000 new employees...

Aldi is intensifying its price competition with established UK supermarket chains. The German discounter's aggressive pricing strategy has prompted British rivals to...

The German government has sold a significant portion of its Commerzbank shares to Italian banking giant UniCredit. This sale marks a major...

Corporate insolvencies in Germany continue to rise at an alarming rate. Creditors are now at risk of losing billions of euros as...

BMW has lowered its profit forecast for 2024 due to an ongoing recall affecting 1.5 million vehicles worldwide. The recall, which addresses...

Volkswagen has announced a new partnership with U.S. electric vehicle manufacturer Rivian to develop automotive software. The collaboration, which includes an initial...

Ride Capital, a Berlin-based digital private bank, has filed for insolvency despite significant investments from high-profile figures like footballer Mario Götze. The...

Supermarkets in Germany are struggling to fill positions at service counters for meat and cheese. Some retailers are increasing self-service options, while...

Germany's auto industry is losing ground, warns expert Ferdinand Dudenhöffer. He blames political missteps, while China's electric vehicle sector continues to grow....

German shoe retailer Deichmann has expressed interest in acquiring the shoe brand rights of the insolvent fashion brand Esprit. This development marks...

Silberbaum, a prominent real estate group, has filed for insolvency. The group manages 70 projects across 30 locations in Germany, and the...

The European auto industry risks substantial fines due to decreasing demand for electric vehicles (EVs). Renault CEO Luca de Meo warns that...

The German kitchen industry, renowned globally, is experiencing a sharp drop in sales both domestically and internationally over the past two years....

McDonald's has announced ambitious expansion plans for the German market. The fast-food chain aims to create over 10,000 new jobs in Germany...

A well-known Bavarian manufacturer of fireplaces and stoves has unexpectedly filed for insolvency. The bankruptcy affects around 30 employees who are now...

The IG BAU trade union and the German Tenants' Association are urging the federal government to invest €20 billion annually in housing...

German industry continues to face challenges, with production falling in July, particularly in the automotive sector. However, export figures show some positive...

Volkswagen's top management has come under fire for holding a lavish conference in Sweden amidst the company's ongoing crisis. The timing and...

Hesse's Minister President Boris Rhein is considering financial support for the struggling automaker Volkswagen. This comes as VW's crisis affects the state's...

The beverage and spread producer Stute, known for supplying Aldi's "River Cola," has ceased much of its beverage production. This move comes...

The German solar company Fellensiek has filed for insolvency due to financial difficulties. The company, known for developing photovoltaic projects, is now...

The operator of the nuclear power plant in Hamm-Uentrop is on the brink of insolvency. North Rhine-Westphalia is now attempting to shift...

Chinese automaker Changan has announced its entry into the German market with plans to sell cars in Europe. This development comes as...

Germany's largest meat producer, Tönnies, is set to expand further by acquiring Vion’s beef operations in Germany. The deal, still subject to...

Edeka, a major German supermarket chain, is planning significant changes to its store concepts. The company is set to discontinue its popular...

A paper mill in Wetterau, Germany, has filed for insolvency after nearly 200 years of operation. The company, SPO, which includes ISH...