Tag: Germany
German economy stagnated in the second quarter, according to statistics
Germany's gross domestic product (GDP) remained unchanged in the second quarter compared to the previous three months, with the economy contracting by 0.2 percent...
Taiwan’s TSMC wants to build its first European chip factory in...
Taiwanese chipmaker Taiwan Semiconductor Manufacturing (TSMC) plans to build its first European factory in Germany. The company said today it plans to invest in...
BMW’s profit down 2.9 percent due to higher taxes, sales and...
German luxury carmaker BMW's second-quarter net profit fell 2.9 percent to 2.96 billion euros (CZK 71 billion). This was mainly due to higher taxes....
VW wants to strengthen markets in South America, plans to invest...
German carmaker Volkswagen wants to strengthen its position in South American markets. To this end, it plans to invest one billion euros in the...
Energy crisis not yet over, German regulator warns
The energy crisis in Germany is not over yet, Klaus Müller, head of the German Bundesnetzagentur, told the media company Funke today. However, he...
German industrial production up 0.3 percent in April, higher growth expected
Industrial production in Germany increased by 0.3 percent month-on-month in April, while it fell by 2.1 percent in March, the German statistical office said...
German auto parts supplier Continental sharply increases quarterly profit
German automotive parts supplier Continental increased its first quarter net profit by almost 60 percent year-on-year to 382 million euros (about nine billion kroner)....
Adidas slightly decreased sales, the company is still dealing with the...
Sales of the German sports footwear and clothing manufacturer Adidas in the first quarter fell by one percent year-on-year to EUR 5.27 billion (CZK...
Deutsche Bank boosts quarterly profit by eight percent thanks to higher...
German financial institution Deutsche Bank increased its first-quarter profit by eight percent to 1.3 billion euros (CZK 30.5 billion). Revenues from higher interest rates...
German firms plan to increase their investments in Africa in 2023. Mainly...
Africa is an attractive continent not just for Chinese firms. His charm has also recently been discovered by a number of German companies, which invested...
