Business

Ambitious plans to establish ship recycling facilities in Germany are facing delays due to prolonged approval processes, highlighting the challenges of implementing...

Germany's last major department store chain Galeria has dropped Karstadt and Kaufhof from its company name, marking the end of an era...

According to the half-year report, the number of purchase contracts has increased by 23 percent compared to the previous year. But this...

The French luxury department store Galeries Lafayette in Berlin will close its doors after nearly three decades. The future use of the...

The inflation rate in the Eurozone has unexpectedly increased in July, reaching 2.6% compared to the same month last year, according to...

More bureaucracy amid efforts to reduce it: new sustainability reporting requirements for German companies. The German cabinet has approved a draft law...

Galeria's third insolvency proceeding concludes soon, with new owners taking over in August amid skepticism from retail experts about the company's future....

Projections indicate a significant decline in new housing construction in Germany by 2026, driven primarily by high building costs, with annual completions...

Despite high profits, Germany's top 40 DAX companies have received billions in state subsidies in recent years, raising questions about the necessity...

Hosting the Olympic Games is often seen as a prestigious opportunity for a country to showcase its culture, infrastructure, and organizational capabilities...

In the first half of 2024, Germany saw a record 160 start-ups declare bankruptcy, highlighting the challenges faced by young companies in...

The German automotive supplier ZF Friedrichshafen plans to eliminate up to 14,000 jobs in Germany by 2028, reflecting the profound transformation sweeping...

Deutsche Bahn incurred billions in losses in the first six months of the year. Now the company wants to react - and...

Imfarr's collapse impacts major projects in Munich, Leipzig, and Frankfurt. A significant player in Germany's real estate market, known for owning iconic...

Mounting debt and withdrawn forecast. The German agricultural conglomerate Baywa is facing significant financial challenges. The company has recently withdrawn its forecast...

Financial troubles lead to bankruptcy of the major paper distributor. Inapa Deutschland GmbH, a subsidiary of the Portuguese company Investimentos, Participações e...

A new survey in 2024 shows German people continue to believe in e-car myths. According to a survey in 2024, half of...

International pharmaceutical giants like Sanofi, Eli Lilly, Daiichi-Sankyo are investing billions of euros in new locations in Germany this year. This sudden...

An unexpected blow for the motorcycle community: Kellermann company, a popular motorcycle indicators and accessories manufacturer from Aachen, is now insolvent. The...

The federal government aims to support the struggling construction industry by providing subsidies totaling two billion euros. According to SPIEGEL, the funds...

German cars are usually known for their high quality and reliability. However, a new study from the U.S. now shows that Volkswagen...