The elite partner of the German industry

Santa Clara, Munich At the photo shoot in Munich at the end of June, Roland Busch and Jensen Huang initially joked about their height. The photographer struggled to get the tall CEO of Siemens and the much smaller founder of Nvidia in an image that was beneficial to both. Busch and Huang clearly tried to … Read more

US battery recyclers and Volkswagen form alliance

New York The environmental balance of the electric car also depends on a critical question: What happens to the batteries when they are no longer needed? Batteries aren’t just an important component in giving cars longer range – they’re also full of rare raw materials like cobalt, copper, nickel and lithium. Therefore, VW North America … Read more

ZF CEO Scheider moves to Partners Group

Zurich, Stuttgart ZF boss Wolf-Henning Scheider has a new job: The top executive, who is letting his contract with the Friedrichshafen-based car supplier expire, will join private equity firm Partners Group early next year. The Swiss announced on Tuesday. At Partners Group, Scheider will be responsible for what is by far the largest division: the … Read more

Global companies are building internal crisis firewalls

Munich, Dusseldorf Holger Engelmann is in a dilemma familiar to many German CEOs. “China, with its 1.4 billion inhabitants, is and will remain an interesting market,” says the CEO of car supplier Webasto in an interview with Handelsblatt. The growing potential cannot and will not be ignored. “We will continue to invest in China.” A … Read more

What Dax companies say about the travel chaos

Frankfurt, Dusseldorf Germany’s major companies complain about traffic chaos at airports and the limited availability of rental cars. This is the result of a Handelsblatt survey of 40 Dax companies. Beiersdorf writes, for example: “There are significant problems with all modes of transport.” Nivea’s maker complains of difficulties with air travel and car rental providers. … Read more

Where the future opportunities lie for energy companies

Dusseldorf Sustainable energy supply is rapidly gaining importance for European companies. The market for energy solutions is expected to quadruple by 2035. This is the result of a previously unpublished study by strategy consultancy PwC Strategy&, which is available exclusively to Handelsblatt. According to the forecast, the market value for business-to-business (B2B) energy solutions will … Read more

Obi: Hardware store plans express delivery service

Dusseldorf From pizza to cans of water and bags of chips: Many people in big cities have their purchases delivered to their homes in a very short time. Obi now also wants to take advantage of this trend towards so-called brisk trade. Together with the start-up Bringoo, the hardware store chain in Hamburg wants to … Read more

Every seventh member of the board of directors in the top 200 companies are women

Berlin The members of the company’s board of directors in Germany have become more women – even if the legal minimum for women comes into force only in August of this year. In the fourth quarter of last year, there were 139 female executives in the 200 highest-selling companies – 38 more than last year, … Read more

Why is the train in Japan so expensive?

Tokyo My recent trip to Germany was like an economic culture shock. Now I know that the train often does not run on time. However, the chaos at many airports made me realize what is going wrong in many areas of service in Germany and what is going right in Japan: The focus is on … Read more

The winners – Success through transformation

Family Business Hall of Fame inductees Handelsblatt editor-in-chief Sebastian Matthes honored Jan-Hendrik and Jörg-Uwe Goldbeck, Sandra and Andrea Alber, Clemens and Valerie Maier, Joachim and Ortwin Goldbeck (from left). (Photo: Marc-Steffen Unger for Handelsblatt) Berlin Looming gas shortages, disrupted supply chains, shortage of skilled workers, rising number of coronaviruses – the crises are overlapping. The … Read more