Germany

Companies, Ibex, Spanish economy 27th December 2022

Fluidra buys all of Meranus Group for some €30 M

Link Securities | On December 23, 2022 Fluidra Commercial, S.A.U., an indirectly fully controlled subsidiary of Fluidra, reached an agreement to fully acquire the German companies Meranus Haan, Meranus Lauchhammer and Aquacontrol. These firms together form the Meranus Group, a recognized swimming pool equipment distributor in Germany. It is also a manufacturer of swimming pool dosing and control technology. Meranus’ expected revenues for the year ending 31 December 2022 are…

European economy, European politics 4th November 2022

EU Should Demonstrate Unity toward China

The ifo Institute has called for a show of unity toward China. In recent years, the trade imbalance between Germany and China has tipped significantly in China’s favor, but the same is not true for EU-China trade relations, according to an ifo study. “For this reason, it is questionable whether Chancellor Olaf Scholz’s trip to China will on its own be enough to send the right message. It would have…

European economy 31st October 2022

Fewer German Companies Plan to Increase Prices

ifo| Somewhat fewer German companies are planning to raise their prices soon than in the previous month, finds the ifo Institute’s latest survey. For the economy as a whole, the ifo price expectations for the coming months fell to 51.5 points in October, down from 53.8 points* in September. Trade and manufacturing in particular are planning fewer increases, while price expectations are rising among service providers and in construction. “The…

European economy 14th October 2022

Only One in Three German Companies Has an Emergency Plan for Energy

ifo | Only just under one-third of German companies has an emergency plan for dealing with the energy crisis. This is the result of the new Randstad ifo Personnel Manager Survey of 700 HR managers. “The smaller the company, the less often measures were in place. Among companies with more than 500 employees, 60 percent have taken appropriate precautions. For companies with up to 50 employees, the figure is only…

European economy 14th September 2022

Germany | Nuclear Power Plant Operators Can Expect Profits To Unexpectedly Be EUR 7.9 Billion Higher This Year Due To High Natural Gas Prices

Ifo | Extending the operating lives of Germany’s three nuclear power plants would reduce the German electricity price by 4 percent next year, according to calculations by the ifo Institute. The nuclear power plants would generate about 4 percent of Germany’s electricity. However, the share of natural gas in power generation would drop only from 8.3 percent to 7.6 percent. “This is because nuclear power isn’t a 1:1 replacement for…

European economy, Relevant News Item 23rd August 2022

Business activity in Germany declines for second consecutive month; France activity also drops for first time in 18 months

The downturn in the German private sector economy deepened in August, as business activity fell for the second month running and at a fasterrate in August. This is according to the latest ‘flash’ PMI® data from S&P Global. The deepening downturn was linked by surveyed businesses to a combination of factors, S&P Global noted. These included uncertainty, high inflation and rising interest rates. That said, companies’ expectations registered an uptick…

European economy 4th July 2022

Even In Gas Crisis, Germany Refuses Nuclear Power

Nick Ottens (Atlantic Sentinel) | Germans are urged to ration gas. “We are in the midst of a gas crisis,” according to economy and climate minister Robert Habeck. “From now on, gas is a scarce asset.” Russia has reduced supplies to what is its largest customer in the EU in anger over the bloc’s support for Ukraine. All consumers, whether in industry, in public institutions or private households, should reduce…

European economy 4th May 2022

Telefonica to share its networks with Deutsche Telekom and Vodafone in 2,000 more German locations

Norbolsa | Telefonica closed an agreement with Deutsche Telekom and Vodafone to share their networks and provide their customers with the same coverage in 2,000 additional German locations. Through this alliance, the German mobile network operators are implementing new initiatives to share infrastructure and improve mobile coverage in rural areas. In the same vein, the three operators also agreed in 2021 to provide coverage in those areas that did not…

European economy 14th March 2022

Stopping Russian Energy Imports Could Cost Germany 3 Percent of Annual Economic Output

Econ Pol Europe | In the short term, a halt to Russian energy imports could cost Germany up to 3 percent of its gross domestic product. This is the result of estimates by the EconPol Europe network calculated with a simulation model. Oil and coal could be replaced by imports from other countries, but it is harder to find replacements for gas, the authors write. “Germany should take quick and…

European economy 25th February 2022

Germany Approves €13 Bn Stimulus Package To Ease Energy Bills Of The Most Vulnerable Households

Germany’s coalition parties agreed on Wednesday a roughly 13 billion euro package of measures to help households cope with surging energy prices, including scrapping a surcharge levied on electricity bills to support green power, as reported by Reuters. Energy prices in Germany have soared in the last year, and fears of an escalation of the crisis between Ukraine and gas supplier Russia are set to push them higher still. Germany’s…

« 1 … 3 4 5 6 7 … 42 »