Lusatian companies struggle with difficult business situation
The mood among companies in Lusatia remains subdued. According to the IHK, a turnaround is not in sight.
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The mood among companies in Lusatia remains subdued. According to the IHK, a turnaround is not in sight.
Is the Fichtelberg about to be sold off? The Oberwiesenthal town council is to decide on Tuesday whether to sell Fichtelberg Schwebebahn GmbH. One interested party is already lined up.
A new core network for hydrogen transportation with great economic potential is being built in eastern Germany. The construction is intended to strengthen the region as a center for sustainable energy.
Demand for cigarettes has been falling in Europe for years. Philip Morris is therefore withdrawing from production in Germany.
Structural change is in full swing in Saxony's coal-mining regions. Funding is now available for the production of climate-friendly technologies.
The East German brand Fit wants to be fit for the future. The company is currently looking for options. Because owner Wolfgang Groß is thinking about retirement at the age of 72.
More and more companies are filing for insolvency in Saxony. The construction and retail sectors are particularly affected.
Business with trade fairs, congresses and events has finally picked up again. Leipziger Messe is confident about the coming years.
Eckert & Ziegler opens its new premises in Dresden. The company wants to send a clear signal for the future of radiopharmacy in the region.
Founded in 1710 after the invention of European hard porcelain, the Meissen manufactory is world-famous. The Staatliche Kunstsammlungen are now shedding light on this rather unexplored chapter of its history.
A study shows great potential for green hydrogen in Saxony, Saxony-Anhalt and Thuringia. The expansion of electrolysis capacity and the conversion of existing pipelines are crucial here.
Morpheus Space manufactures drives for satellites in the state capital. The company wants to meet the growing demand with the new factory.
The transmission system operator Ontras is involved in the future hydrogen core network in Central Germany with an investment volume in the mid three-digit million range.
The production halls at Bombastus-Werke smell like the Mediterranean again these days. This is because the harvest of aromatic sage leaves is in full swing. Business is booming.
The New Leipzig Trade Fair wants to become more attractive: More outdoor events and more storage space are desired. The city is now working on a new development plan.
The Dresden-based company Sunfire sees its commitment to green hydrogen confirmed by a loan from the European Investment Bank EIB. On Friday, the cooperation was once again ceremoniously sealed in Dresden. The EIB is granting Sunfire a loan of up to 100 million euros. The company intends to use this ..
Saxony is gearing up for the production of the next generation of batteries.
The light metal lithium is particularly important for battery production. The company is now planning to build its own production facilities in Saxony - to make itself less dependent on the global market.
The Dresden-based company Sunmaxx wants to pioneer the next generation of solar technologies. Its plant has now opened with highly automated module production.
Last week, employees of the solar company Meyer Burger in Freiberg, Saxony, were given their notice. Is there a threat of redundancy in Bitterfeld-Wolfen too?
The year of the tuba worries the few farmers in Saxony's musical corner. Cheap imports are threatening local instrument production.
The solar manufacturer Meyer Burger has sealed the final end for its site in Freiberg, with more than 400 employees losing their jobs.
The solar manufacturer Meyer Burger is discontinuing module production at its Freiberg plant, affecting 500 employees.
The solar manufacturer Meyer Burger has made considerable losses. The management wants to relocate its production to the USA - and is demanding aid from the German government.
In 2023, more businesses were registered than deregistered in Bavaria. One economic sector was particularly well represented.
The remaining residents of Pödelwitz are calling on federal politicians to actively support the preservation of their village. They criticize the delaying tactics of the energy companies RWE and Mibrag.
Lufthansa Technik and Rolls-Royce are investing 150 million euros in N3 Engine Overhaul Services in Arnstadt, Thuringia, creating 250 new jobs and doubling capacity to up to 250 engines per year.
The solar company Meyer Burger is preparing to close its plant in Freiberg in order to save costs and increase production in the USA.
Saxony sees the planned relocation of Taiwanese chip manufacturer TSMC to Dresden on schedule. "We are making very good progress with TSMC's relocation process in Dresden," explained State Chancellery Leader Oliver Schenk (CDU) in Dresden on Tuesday. The new plant will further strengthen Saxony's po ..
The company "Opes Solar Mobility" is planning to produce special solar technology for vehicles such as trucks, motorhomes and buses in Zwenkau from the end of this year. This is expected to create around 120 jobs.
The solar company Meyer Burger is hoping for support from politicians to keep solar module production in Germany. "We have not yet made a decision," said CEO Gunter Erfurt at a press conference on Wednesday. However, there are good signals and the expectation is that the issue will be resolved. "But ..
In view of the impending departure of solar module production from Germany, Saxony-Anhalt's Minister President Reiner Haseloff (CDU) has called on the German government and the EU Commission to take action. "I am following the developments at Meyer Burger with great concern," Haseloff told the Germa ..
The logistics site at Leipzig/Halle Airport is growing. The Munich-based company Mytheresa, an online platform for luxury fashion, officially opened a logistics center in Schkeuditz on Thursday. Covering an area of around 55,000 square meters, the center offers space for up to five million luxury it ..
Saxony's arts and crafts sector generates a turnover of around 650 million euros per year. It is an integral part of the Christmas tradition and also an important creative industry of supra-regional significance, as the Ministry of Economic Affairs in Dresden announced on Sunday. An image film publi ..
The economic environment has also become more difficult for companies in Saxony. More and more companies are having to go to insolvency court.
The two millionth Porsche has rolled off the production line at the Leipzig plant of Stuttgart-based car manufacturer Porsche. A conversion of the plant is to ensure even more variety in the future.
Germany wants to increase its use of hydrogen as an energy source. Plans for a nationwide hydrogen network were presented on Tuesday. Central Germany plays a key role in this.
Saxony's Economics Minister Martin Dulig and representatives of the steel industry are calling for a swift agreement on a reduced industrial electricity price. The steel industry is facing enormous challenges.
Bautz'ner Senf und Feinkost is spared supply bottlenecks abroad thanks to increased use of domestic raw materials.
In Leipzig, one of the most important milestones for a sustainable heat supply of the largest city in eastern Germany was laid on Monday. According to Leipzig's municipal utility, Germany's first certified hydrogen power plant went into operation. "The Leipzig-Süd combined heat and power plant is a ..
The rise of right-wing extremism in Saxony is making it difficult to recruit international specialists for the Dresden plant of German chip manufacturer Infineon.
Lieferando cooperates with Saturn and Mediamarkt to deliver tech products to users.
Volkswagen has been back to normal production in Zwickau and Dresden since Monday, after production was curtailed due to weak demand. The company agreement on three-shift operation in Zwickau was terminated and expires at the end of the year.
The eastern German transmission system operator 50Hertz is investing 4.6 billion euros in the expansion of sea and land cables. This is the biggest order in the company's history.
The energy ministers of Saxony and Saxony-Anhalt are calling for rapid protective measures by the EU against the increased number of cheap Chinese solar modules on the European market.
The mining company Mibrag has commissioned a huge photovoltaic plant on an old open-cast mine site south of Leipzig. More than 66,000 solar modules stand on a 55-hectare area, according to the company. That corresponds to about 77 soccer fields.According to the company, the new Peres II plant can pr ..
The drought is making farmers' work more difficult during the potato harvest in Saxony and can lead to quality losses.
The Dresden-based company "Sunmaxx" wants to become a pioneer of the next generation of solar technologies. Now the company has started building a highly automated module production facility.
A study shows that the founders of Heckler & Koch acted as fellow travelers during the Nazi era.
In the course of demographic change, according to an expert opinion by management consultants Kienbaum, a management succession is due by 2023 at around 33,000 family businesses in Saxony. "We are talking about at least 131,000 jobs that need a perspective in the coming years," said Minister of Econ ..
Silicon wafer manufacturer Siltronic is modernizing its production in Freiberg and has put an extension building into operation for this purpose. Several hundred million euros have reportedly been invested in the so-called crystal pulling hall. The company did not get more specific at the opening on ..
Despite current difficulties, the Automotive Cluster East Germany does not see any turning away from electromobility. It was clear from the outset that this change would be a rocky road, said Jens Katzek, managing director of the association, to the Deutsche Presse-Agentur.
The Technologiegründerfonds Sachsen (Saxony Technology Founders Fund) plans to support around 40 start-ups in its next funding period. For this purpose, 93.5 million euros are available, the fund announced on Thursday. The founders could receive between 200,000 and 5 million euros in funding. In que ..
Do you dream of starting a digital media business but don't know where to begin? A compact MasterClass can help.
Start-up assistance for start-ups: Saxony wants to strengthen the start-up landscape in the Free State with a funding program for so-called accelerators. Accelerators are institutions that take in start-ups for three to twelve months in so-called start-up classes, offering them office space, technic ..
Solar manufacturer Meyer Burger is looking to expand its capacity in Europe on a gigawatt scale. This month, it applied to the EU's Innovation Fund for funding in the three-digit million range, the company announced Thursday. It said the project would involve the production of both solar cells and s ..