German companies are making ground

Jet of Lilium (illustration) The air taxi should eventually fly autonomously over cities like New York. (Photo: lilium) Munich Most inventions related to air taxis still come from the US. But German companies are rapidly gaining ground in this all-important future sector. This was the result of a special assessment by the German Patent and … Read more

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

Sales drop by almost 30% after leaving Russia

Paris The withdrawal from Russia caused a significant collapse in sales figures for French carmaker Renault in the first half of the year. Global sales fell 29.7% to just over a million vehicles, Renault said on Tuesday. Without the Russian business, sales were down twelve percent. The market environment continued to be characterized by a … 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

Europe’s race to catch up with brands threatens to fail due to staff shortages

Munich The building permit has not yet been issued: Intel’s new multi-billion factories in Magdeburg won’t open until the middle of the decade. However, Christine Eisenschmid worries about finding enough staff. “The need is huge,” says the German boss of the American chipmaker. The manager suspects that posting job ads will not be enough. “Retraining … Read more

Market researcher GfK will be part of NielsenIQ in the future

Frankfurt Five years after financial investor KKR got involved, market researcher GfK is losing its independence. The company is slipping below US rival NielsenIQ. Its owner, Advent, will hold a majority stake in the merged company, while GfK’s majority owner, the Nuremberg Institute for Market Decisions (NIM) and KKR will become significant minority shareholders, the … Read more

Start-ups and tech giants are fighting for a new market

Wafer sorting machine at Infineon Artificial intelligence chips are able to process data faster and more efficiently in some areas than Intel or AMD processors known from computers and laptops. (Photo: Bloomberg) Munich, Tokyo Chips are more sought after than ever before. One category is highly sought after: artificial intelligence (AI) semiconductors. According to the … Read more

Freshfields, Noerr and Co .: Germany’s commercial law firms at steady highs

The best law firms in Germany Commercial law firms such as Noerr and Freshfields currently have the highest growth rates. (Photo: Getty) Cologne Whether it’s CMS Hasche Sigle, Gleiss Lutz, Hogan Lovells, Latham Watkins or Noerr – wherever you look: almost all commercial law firms are currently selling record highs and increasing their productivity. The … Read more

Ergon Capital puts the Opseo intensive care group up for sale

Nurse (symbol photo) The company cares for seriously ill people. (Photo: ullstein bild – Hoff / WELT) Frankfurt According to business circles, private equity investor Ergon Capital is putting up for sale the German intensive care group Opseo, which specializes in intensive care. Goldman Sachs Investment Bank is preparing an auction that could start in … Read more

Speculation for acquisition in the pharmaceutical industry

Merck & Co. Last but not least, the financial constellation in the pharmaceutical industry speaks of stronger mergers and acquisitions. (Photo: AP) Frankfurt Acquisitions and mergers in the pharmaceutical industry were rather sluggish in the first half of the year. But with speculation about US biotechnology company Seagen, forecasts for a new wave of mergers … Read more