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Thyssenkrupp is ready for consolidation. It’s indebted and fights for its...

The German company Thyssenkrup announced on Monday it would seek for possibilities to consolidate its positions in two key sectors. The managements aims to...

Volkswagen and Daimler intend to ensure Chile lithium

Two largest German car makers took steps to prove that lithium mining in Chile is sustainable Volkswagen and Daimler seem to be preparing for electric...

Germany to quit lignite by 2038

Germany will become first country in the world to exit from brown coal mining, coal-fired power plants should phaseout by 2038. The decision was announced...

German industry grew more than expected

Analysts are surprised by November results of German industrial outputs registering its biggest monthly increase in last eighteen months November industrial outputs rose monthly by...

Audi to dismiss 9,500 employees to fund electric car push

The German premier brand from Volkswagen Group will be cutting jobs in next 5 years Almost 10 % jobs should be cut due to electric...

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