Automotive giant Volkswagen yesterday overtook SAP as Germany’s most valuable listed company after its shares rose…
Germany
Business news and investment opportunities in Germany
STATS
Source: World Bank
Currency: EuroGDP: 3.948 trillion USD (2018)
GDP per capita: 47,603.03 USD (2018)
GDP growth rate: 1.5% annual change (2018)
GNI per capita: 55,980 PPP dollars (2018)
Gross national income: 4.524 trillion PPP dollars (2018)
Internet users: 84.4% of the population (2017)
GNI per capita: 55,980 PPP dollars (2018)
Gross national income: 4.524 trillion PPP dollars (2018)
Internet users: 84.4% of the population (2017)
Ørsted and BP boost German green hydrogen drive
Hopes that green hydrogen could help Germany reach its carbon emission goals have been boosted by…
NYC paves way for e-scooter sharing but SoftBank bets on Europe
November is turning out to be a good month for the nascent e-scooter sharing market. Late…
Brexit deadlock scares off JP Morgan
JP Morgan was yesterday said to be in the process of transferring about €200bn from Britain…
Lufthansa joins list of government bail-outs
Lufthansa bail-out: Lufthansa has become the latest flagship airline to be bailed out by its national…
Boom time for domestic tourism?
Domestic tourism: At first sight, logic would suggest that those countries who have led the race…
BASF winning out in US-China trade war
BASF has emerged as one of the early winners from the fall-out between Washington and Beijing…
Putin pours oil on NS2’s troubled waters amid fears of German power play
Russian President Vladimir Putin moved to allay European fears of a political agenda behind the controversial…
German opposition to Nord Stream 2 grows while Morawiecki warns of “war”
German energy consumers may end up picking up the cost of a €2.7bn gas pipeline extension…
NS2 pipeline issued first German licence – but harder hurdles lie ahead
The laying of the Nord Stream 2 (NS2) gas pipeline that will run under the Baltic…
Ukraine hires Washington lobbyists to help block NS2 pipeline
Ukraine’s state-owned oil and natural gas company Naftogaz has hired a a firm of political consultants in…
Nord Stream 2 set to be rerouted as EU bows to the inevitable
The route of the Nord Stream 2 gas pipeline between Russia and Germany under the Baltic…
OMV boss defiant over Nord Stream 2 pipeline in face of US sanctions
The new sanctions imposed on Russia by the US have made the financing of large projects…
IFC signs up insurance giants to tackle Asian infrastructure needs
The IFC yesterday announced that it had teamed up with the Prudential’s Asian asset management business…
Wintershall ignores sanctions threat to strengthen ties with Gazprom in Iran
Germany’s biggest oil and gas company Wintershall – which is already helping co-finance Gazprom’s controversial Nord Stream…
EU calls for mandate to negotiate NordStream 2 ground rules with Russia
The EU last week called on its 28 member states to give it a mandate to…
Euroshop plans 2,000 fixed-price stores across Russia
Germany’s Euroshop is to launch a chain of fixed-price retail outlets across Russia as the country’s…
Tillerson ready to question sanctions as Merckel and Hollande back extension
Tillerson: German Chancellor Angela Merkel and French President Francois Hollande yesterday put their collective weight behind…
Gazprom puts out call for Nord Stream 2 bids in face of EU opposition
Nord Stream 2: Russia’s state energy giant Gazprom continued its defiance to the EU over its…
Alibaba to open data centres in Dubai and Germany in battle for Cloud
Chinese e-commerce giant Alibaba has chosen Vodafone Germany as the first European partner for its Cloud…
German consortium ready to fund Moscow-Kazan high-speed railway
Moscow-Kazan high-speed railway: The German Initiative consortium, whose members include Siemens, Deutsche Bank, Deutsche Bahn is getting…
Crunch time looms for Nord Stream 2
The future of Gazprom’s plans to lay a second 1,200km long pipeline along the bed of the…
German Minister blocks Aixtron takeover and looks to curb Chinese spending spree
Aixtron: With China’s appetite for buying up European companies showing no sign of abating and its year-on-year…
Deutsche Bahn agrees to test drive new South West transport corridor to Iran
Deutsche Bahn, one of the world’s largest transport companies, has agreed to test drive the new…