Berlin (ots) - Exports to the United States have propelled the US to the top of the list of Germany's business partners. According to calculations by Germany Trade & Invest, Germany’s international business promotion agency, trade between Germany and the US reached €255 billion in 2024, marking an annual increase of 0.8%. Meanwhile, trade with China decreased by 2.9%, falling to €247 billion. This is the first time ...
Munich (ots/PRNewswire) - Aescuvest Capital Partners (ACP) is at the forefront of Healthtech investing, leveraging its deep expertise in European healthcare innovation to make a global impact. With a focus on companies nearing pivotal MDR and FDA approvals, ACP is not just an investor but a catalyst for transformative change in healthcare. Over the past four years, ACP ...
Amsterdam (ots/PRNewswire) - VERMEG, a leading provider of software solutions for the financial services industry, backed by Charterhouse Capital Partners, announces today it has entered into an agreement to sell its RegTech division "Agile" to Regnology, a renowned global expert in regulatory compliance. This strategic transaction aligns with VERMEG's long-term vision ...
Krombacher Brauerei GmbH & Co.
Berlin (ots) - Swedish energy company Vattenfall has announced an ambitious investment plan, pledging to invest more than EUR five billion by 2028 into renewable energy, e-mobility, and other sustainable solutions in Germany. "Germany is the fastest-growing market for renewable energy in Europe," said Vattenfall's ...
Wuppertal (ots) - The Vorwerk Group, a global leader in direct sales for high-quality household appliances, announces two significant expansions in the Asia-Pacific region. With the acquisition of the world's largest independent Thermomix® distributor in Australia and New Zealand, which was previously not part of ...
Frankfurt am Main, Germany (ots) - - Leading African mining group Bravura, sister entity to Africa’s largest indigenous oil and gas producer AITEO, to build large scale lithium processing plant in Germany by 2027. - Final site location in Germany to be determined in early 2025. - Lithium hydroxide, an essential ...
Berlin (ots) - The American IT giant has selected the southwestern German town of Ehningen as the site for its second quantum computing facility worldwide. At the inauguration ceremony, German Chancellor Olaf Scholz highlighted that Germany has invested more than EUR 2 billion in quantum computing. “There is a great deal of capacity and willingness to use these facilities for research,” Scholz said. “We have the ...
Berlin (ots) - The number of new industrial robots deployed in Germany rose by 7% in 2023 – marking the largest annual increase ever recorded. According to the International Federation of Robotics' "World Robotics 2024" report, 28,335 new industrial robots were installed in Germany. This significant rise is especially notable as robot installations declined in the world's four leading countries for robotics: China, ...
Berlin (ots) - Dutch company AMG has opened Europe’s first lithium refinery plant in the eastern German area of Bitterfeld-Wolfen, as the German government pledges a billion euros to support domestic and international raw materials projects. The refinery is expected to produce 20,000 metric tons of battery-grade lithium hydroxide annually – sufficient to supply around half a million electric vehicle batteries. This ...
Landshut (ots) - - Participation of further investors possible - Logo rights potentially for sale The Jackermeier investor group will participate in the bidding process organised by goetzpartners for ENDOR AG. If an asset deal is prioritised over a capital increase by all shareholders, the investor group intends to give at least a selection of larger investors ...
Berlin (ots) - The Taiwan Semiconductor Manufacturing Company (TSMC) has begun work on a 10-billion-euro plant in Dresden as the European Union approves state assistance for the project. The symbolic ground-breaking ceremony in the eastern German city coincided with the European Commission’s approval of €5 billion in state subsidies for the chipmaker, providing a boost to the initiative. "The European Commission has ...
Berlin (ots) - French pharmaceutical giant Sanofi has confirmed it will invest 1.3 billion euros to expand insulin production in the western German city of Frankfurt am Main. Sanofi says the expansion will encompass around 36,000 square meters – the equivalent of five football fields – on the company’s existing BioCampus site. It will go operational in 2029. The project is being supported by the German national ...
DHL Group trifft Markterwartungen im zweiten Quartal - Konzernumsatz im zweiten Quartal 2024 mit EUR 20,6 Milliarden Euro leicht über dem Vorjahresniveau (Q2 2023: 20,1 Milliarden Euro) - Operatives Ergebnis (EBIT) mit 1,35 Milliarden Euro wie ...
Paris (ots/PRNewswire) - Valiantys, a global leader in IT consulting with Atlassian, announces the acquisition of Contegix, a prominent innovator in Atlassian solutions for teams across various industries, including both private and Federal sectors. This strategic acquisition enhances Valiantys' presence and leadership in North America, particularly in the US Federal ...
Masdar, the Abu Dhabi Future Energy Company
Abu Dhabi, Uae and Madrid (ots/PRNewswire) - - The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions - Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW - Masdar has also ...
London and Kallo, Belgium (ots/PRNewswire) - Belgian dairy cooperative Milcobel today announced its intended sale of its subsidiary ice cream producer YSCO to Davidson Kempner Capital Management LP ("Davidson Kempner"), supported by Afendis Capital Management Limited ("Afendis") as an operating partner. Financial terms of the transaction were not disclosed. Houlihan ...
Frankfurt am Main (ots) - - Funding target for 2024 reduced from EUR 90 to 95 billion to EUR 80 billion - 10 years of Green Bonds - Made by KfW - new framework meets strong response - Digital capital market innovations implemented successfully - more projects in the pipeline In the first half of 2024, KfW raised the ...
Sydney (ots) - • Acquisition supports regional growth in Australia and New Zealand • Portfolio expansion in the core sectors of IT, industrial equipment, and healthcare technology with a value of around AUD$500 million (€300 million) • Acquisition completed on June 28th, 2024 Global technology2use company CHG-MERIDIAN continues its strong growth path in ...
Paris (ots/PRNewswire) - Fueling the Factory of the Future OSS Ventures, a leading industrial start-up studio in France, is thrilled to announce raising €8.5 million. This funding was led by Tikehau Capital, France 2030's French Tech Accélération 2 fund (Bpifrance), Etablissements Peugeot Frères, and business angels like Max Pog. Since late 2019, OSS Ventures has ...
Berlin (ots) - Germany’s Federal Statistical Office says that 2022 turnover in goods and services in the sector reached 107.5 billion euros – an annual increase of 16.9 percent. Environmental protection is big business in Europe’s largest economy. And it’s grower bigger by the year, as the government figures show. The largest share of the nearly 108 billion euros of turnover in the sector came in climate ...
39 European cleantech innovators, investors, industry associations, researchers and NGOs call for expanding EIB guarantees to unlock EU industrial ...
