Germany: Foreign investments showing a new record
BERLIN – The value of all planned foreign investment projects (FDI) in Germany was around 34.8 billion euros in 2023 – an increase of 37.5 percent compared to the previous year (2022: 25.3 billion euros) and thus a new record. … Continue reading Germany: Foreign investments showing a new record
Germany beats FDI expectations in 2020
BERLIN – Germany Trade & Invest’s annual FDI report shows the country attracting more foreign business investments in 2020 than experts had predicted. GTAI has documented 1648 international companies who set up shop with greenfield investments, expansions and relocations last … Continue reading Germany beats FDI expectations in 2020
GTAI: 2020 further bolstered Germany’s reputation
Berlin – Amidst the corona pandemic, a number of international surveys showed that people around the globe have increased regard for German rationalism, stability, respect for law and leadership. Among other things, nations are brands – and Germany got some … Continue reading GTAI: 2020 further bolstered Germany’s reputation
Germany to Invest 10 Billion Euro in Start-Up Support
Berlin – The German parliament has approved a billion-euro “future fund” to help fledgling companies expand their business. Early on Friday, after a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups … Continue reading Germany to Invest 10 Billion Euro in Start-Up Support
Germany promotes Battery Production with Subsidies
Berlin – The German government is investing more than EUR 1.5 billion in battery cell research and production – a key element in the country’s planned transition to clean energy and mobility. Major players in the industry are lining up … Continue reading Germany promotes Battery Production with Subsidies
Germany Announces 2 Billion Euro Startup “Booster”
Berlin – The German government is preparing a massive cash injection to help innovative young companies ride out economic difficulties. The government is supplementing its existing uncapped aid for businesses to survive the ongoing coronavirus crisis with two billion euros … Continue reading Germany Announces 2 Billion Euro Startup “Booster”
Germany: Search for qualified foreign workers
Berlin – State and private sector representatives in Germany – including Chancellor Angela Merkel, Economy Minister Peter Altmaier and Labor Minister Hubertus Heil – came together for a top-level summit on Monday, 16 December, to accelerate efforts to attract qualified … Continue reading Germany: Search for qualified foreign workers
Germany: € 300 million for green hydrogen research
Berlin – As part of the Energiewende, Germany’s transition to non-nuclear, sustainable power sources, the Ministry of Education and Research will pump at least 300 million euros more into research on green hydrogen by 2023. 180 million euros in ministry … Continue reading Germany: € 300 million for green hydrogen research