New Siemens Technology Centre in Munich

Siemens' largest global research site, the Siemens Technology Center (STC) in Munich, has opened its first construction phase. The STC is located in the Garching research centre, north of the Bavarian state capital. In addition to Siemens, the Technical University (TUM), the Max Planck Society, and SAP also have branches in the centre. According to a Siemens press release, approximately […]
Otto: New headquarters in Hamburg

Investment of more than €100 million Otto, the mail-order company, opened its new headquarters in the middle of last week. The building is located in Hamburg-Bramfeld on the Otto Group campus. According to the company, it has invested over €100 million in its new headquarters. It is a strong commitment to Hamburg as a location. In the future, [...]
Mahle receives major orders

Thermal management modules for a total of almost 1.5 billion euros Mahle has received two new major orders for thermal management modules. According to the technology group's press release, both projects together have an order volume of just under 1.5 billion euros. According to the Stuttgart-based company, one order is even the largest single order in the company's history. According to the press release, this comes from […]
Use of AI for efficient healthcare solutions

Bayer and Google Cloud jointly optimise radiology The multinational chemical and pharmaceutical company Bayer and the cloud computing platform Google Cloud have jointly developed solutions for radiology using artificial intelligence. These are intended to enable better patient care in the future. According to reports, Bayer is expanding its innovation portfolio using Google Cloud's technology. This will allow […]
Beiersdorf raises annual forecast

Higher Group Sales in the First Quarter of 2024 Beiersdorf AG recently announced a good start to the 2024 financial year. According to its press release, the Hamburg-based group achieved sales of 2.6 billion euros in the first quarter. This corresponds to 7.3 percent organic growth compared to the first quarter of 2023. For the Consumer business division, Beiersdorf states for the […]
Kuka: Major order from VW

Robots for Volkswagen in Spain Volkswagen is purchasing more than 700 robots from Kuka. The two companies have concluded a framework agreement for this, as the Augsburg-based technology group recently announced. According to the agreement, the delivery of the machines to Volkswagen is scheduled for this year and the following two years. Use in body-in-white construction The robots are destined for Volkswagen Navarra in […]
Haniel: Continuation of the transformation

Reorganisation of the Supervisory Board and Management Board Haniel is reorganising its Supervisory Board and Management Board for the future. The family-owned conglomerate recently reported on this. According to its own statement, the company consistently continued its transformation last year in a challenging macroeconomic environment. In 2023, Haniel was able to increase its revenue by 5 percent compared to the previous year to [...]
Rheinmetall: New plant in Hungary

Production for civil and military business areas The Düsseldorf-based technology group Rheinmetall is building a new factory in the Hungarian city of Szeged. According to the company, this is a so-called hybrid site. According to the press release, it is intended to be used for both the group's civilian business and its defence technology activities. The site is, according to company information [...]
Kuehne + Nagel changes organisational structure

More customer proximity and increased flexibility planned. Kühne + Nagel is streamlining its organisational structure. At the same time, customer proximity is to be strengthened, as stated in the press release from the internationally operating logistics group. The Board of Directors of Kühne + Nagel International AG has therefore decided on a new direct reporting line for the country organisations. The company expects further efficiency gains from this and [...]
HHLA transports relief supplies to Odessa

Port Bridge Hamburg-Odessa in support of the civilian population Hamburg Port and Logistics AG (HHLA) reports having transported relief goods to a children's hospital in Odessa last month. The goods were collected by the „Port Bridge Hamburg-Odessa“ action alliance. This consists of several Hamburg aid organisations, companies and associations, including HHLA. In Odessa, the humanitarian coordination staff of the [...]