Financial Insights That Matter HAMBURG – May 8, 2025 (NEWMEDIAWIRE) – The Nordex Group has received its first order from GETEC green energy GmbH: The Nordex Group is supplying and installing seven N163/6.X turbines for the 49 MW Zerbst wind farm in Saxony-Anhalt, Germany. The order also comprises the Premium Service for the turbines over […]
Financial Insights That Matter ROME (Reuters) -Germany does not expect Italy’s UniCredit to launch a full bid for German rival Commerzbank at present, German Chancellor Friedrich Merz said on Saturday. UniCredit disclosed last year that it had built a web of financial transactions through derivatives to secure a Commerzbank stake of around 28%, and in […]
Financial Insights That Matter German Defence Minister Boris Pistorius on Thursday pushed back against calls to raise NATO members’ defence spending target to 5% of their economic output. At a meeting in Berlin with his British counterpart John Healey on Thursday, Pistorius responded cautiously to earlier remarks by German Foreign Minister Johann Wadephul, who supported […]
Financial Insights That Matter STOCKHOLM, May 16, 2025 /PRNewswire/ — ASSA ABLOY has acquired TeleAlarm Group (‘TeleAlarm’), a European provider of remote care technology that combines hardware and software solutions, enabling independent living across the social care and home care segment, based in Germany. “I am very pleased to welcome TeleAlarm into ASSA ABLOY, an […]
Financial Insights That Matter LONDON (Reuters) – German power utility Uniper said on Friday it recently signed an agreement to supply power and natural gas to Octopus Energy as the British firm pushes to expand its presence in European markets including Germany, Italy, and Spain. The agreement will allow Octopus to procure a wide range […]
Financial Insights That Matter Investing.com — TenneT, the state-owned Dutch power grid operator, has started discussions with potential investors regarding the sale of a minority stake in its German division, according to a Reuters report on Wednesday. This could potentially be one of Europe’s biggest deals in 2025. TenneT’s German branch, Tennet Germany, had a […]
Financial Insights That Matter “When somebody concentrates all power into their hands, then of course that person will be held responsible for their mistakes,” said one SPD politician, speaking on condition of anonymity to discuss internal party matters. In the past, Klingbeil could always blame the party’s failures on others — including Olaf Scholz’s unpopularity […]
Financial Insights That Matter Veganz Group has struck a deal with Jindilli Beverages on the German plant-based food company’s Mililk products. Under the agreement, which covers North America, Australia and New Zealand, Veganz will produce Mililk oat and almond alt-milk drinks at its Ludwigsfelde facility in Germany. It will export both one-litre retail packs in […]
Financial Insights That Matter By Marleen Kaesebier and Maria Rugamer (Reuters) -Deutsche Telekom reported first-quarter core profit slightly above analyst expectations on Thursday and nudged up its full-year guidance, helped in part by a stronger dollar. The Germany-based telecoms group reported quarterly adjusted earnings before interest, taxes, depreciation and amortisation after leases (EBITDA AL) of […]
Financial Insights That Matter New German Finance Minister Lars Klingbeil faces a tough task to revive Europe’s top economy (John MACDOUGALL) Germany’s new Finance Minister Lars Klingbeil said Wednesday there was “no time to lose” to jump-start Europe’s beleaguered top economy, even as hardline US trade policies complicate his task. Klingbeil of the centre-left Social […]