Business

The electric vehicle (EV) market crisis has claimed another victim: Numbat, a promising German startup providing charging stations, has filed for bankruptcy...

Corporate insolvencies in Bavaria have reached their highest level since 2015, with nearly 17,000 workers affected. The number of affected employees has...

Germany's heat pump industry, once booming, is now facing a steep decline in demand. Despite this, Economic Minister Robert Habeck remains optimistic...

Germany’s Economy Minister Robert Habeck has inaugurated a hydrogen electrolysis pilot project by RWE in Emsland. Another large-scale facility is planned for...

"Smart Mechatronics", a company based on Emil-Figge-Straße in Dortmund, has been named the top employer in Germany, according to a recent assessment...

A prominent beer garden operator in Nuremberg is offering a €2000 bonus to new employees in a bid to combat the ongoing...

After filing for insolvency earlier this year, the automotive and e-bike industry supplier Castwerk, based in Hesse, is now facing permanent closure,...

Berlin's tourism industry is showing strong recovery post-pandemic, with over 6 million visitors in the first half of the year. Economic Senator...

Rheinmetall continues to benefit from the ongoing war in Ukraine, securing a lucrative contract to supply mobile medical stations. The company's order...

The ongoing wave of bankruptcies in Germany continues, with the latest victim being the "Mein Homberg" ski resort, which has succumbed to...

China's dispute with the EU over temporary tariffs on electric vehicles has escalated as Beijing seeks WTO intervention while also planning to...

The wave of insolvencies in Germany has claimed another major automotive supplier, Mürdter, based in Baden-Württemberg. The company's future, along with that...

Fashion giant Esprit will shut down all its stores in Germany by the end of this year, resulting in the loss of...

More and more German companies are cutting jobs as part of austerity measures. The Hays Skilled Worker Index below shows in which...

Insolvencies among companies in Germany have reached record levels, with one sector being particularly hard hit. 1,406 companies in Germany filed for...

The Albrecht Dürer Airport in Nuremberg will no longer offer its popular direct flight to Abu Dhabi. This unexpected decision by Etihad...

The iconic Hamburg furniture store Wäscherei, known for its vibrant parties and designer pieces, is closing after 25 years. An investor withdrew...

The median purchase price for condominiums in Berlin decreased in 2023, but some high-end properties still fetched significant sums. House prices in...

For the fourth time in its history, the fashion retailer Sinn has declared bankruptcy. This marks the second time in four years...

Gas and electricity customers receive significant refunds due to illegal price hikes. Consumer advocates win a major settlement against energy companies. Energy...

The Bavarian Brewers Association is pushing for an increase in beer prices due to rising economic pressures, especially on medium-sized breweries. According...

The European real estate market is showing signs of recovery, with property prices increasing in most countries during the second quarter of...

Fleischerei Holzapfel, a traditional sausage manufacturer in Thuringia, Germany, has filed for insolvency after more than two centuries in business, marking the...

The Studioline Group, a long-standing photo studio chain with over 80 branches in Germany, has filed for bankruptcy, with business operations continuing...

The beloved Lido Café at Luisenplatz in Frankfurt is closing its doors after 23 years, forced out by a drastic rent increase,...

Despite promising numbers, the expansion of Germany's charging station network for electric cars in 2024 is lagging behind industry expectations, causing concerns...

Despite the German government's growth initiative, the economy remains in crisis with no short-term recovery in sight due to multiple critical factors....

Despite implementing a significant cost-saving program, Intel appears committed to its planned chip factory in Magdeburg. The US semiconductor giant's CEO, Pat...

A study by the Institute of the German Economy (IW) has revealed that the number of advertised rental apartments has halved since...

Opel significantly reduces the price of the Zafira Electric to boost its presence in the slow-moving German electric car market, offering various...