East with stronger economic performance than the West
Gross domestic product is declining across Germany. In the east, however, the Ifo Institute is observing the opposite trend.
News zu #Economy in Saxony
Inflation rate in Saxony falls to 2.6 percent in August
Fuel, air travel or the purchase of bicycles: Consumer prices in Saxony are falling compared to the previous month.
Construction industry situation in eastern Germany remains tense
Fewer orders, lower turnover: There are still no signs of an upturn in the East German construction industry in Berlin, Saxony, Brandenburg and Saxony-Anhalt.
Dresdener Mühle plans to invest 40 million euros in expansion
The Saxon company Dresdener Mühle is investing 40 million euros in the expansion of its production capacities. These are to increase by 50 percent.
Saxony's economic initiative is growing: clearly for democracy and openness to the world
The initiative "Business for an Open-minded Saxony" is strengthening its position for diversity, democracy and an open society with new members.
Dresden is booming and is dependent on foreign skilled workers
75 percent of newly created jobs in Dresden have been filled by foreign specialists. Dresden is booming and cosmopolitan.
Future of e-mobility: Dresden-based startup NOVUM and Shell join forces for more sustainable battery use
The cooperation between the Dresden-based startup NOVUM and Shell aims to increase efficiency, safety and sustainability in the handling of batteries.
Saxony and Görlitz: How EU funding strengthens the region and why an EU exit would be risky
How Saxony and Görlitz benefit from EU funding. What risks a possible withdrawal would entail for the region.
Saxon SMEs are by far the most important employers
The Saxon Ministry of Economic Affairs has published the brochure "Saxony as a Location in Comparison with Other Regions 2022", which presents the state's development status in a German and European context. The report shows that Saxony is a leader in several areas, such as job density, SMEs, crafts ..
Major settlements in Saxony to be coordinated by this man in future
The Saxon state government today appointed Dirk Diedrichs as a major settlement officer to better coordinate and oversee significant investments and important settlements in the Free State. Starting on April 26, 2023, the 60-year-old economist will set a decisive course for state development across ..
7-Eleven could be coming to Saxony: A milestone for the convenience market
The world-renowned convenience chain 7-Eleven is continuing its international expansion plans and is looking for master franchise candidates to set up stores in Western Europe, including Germany. With over 83,000 stores in 19 countries and regions, 7-Eleven is considered a leading convenience provid ..
Traditional Vita Cola brand achieves best annual result to date
The traditional East German brand Vita Cola sold a total of 95.5 million liters of non-alcoholic soft drinks last year. According to the company, this is the best result in the more than sixty-year history of the brand. The company said the result was achieved despite difficult conditions, such as h ..
Bike24 News: Dresden bicycle dealer presents balance sheet 2022
The Dresden-based online bicycle retailer Bike24 has drawn a positive balance for the past year, despite the uncertain economic situation. According to company CEO Andrés Martin-Birner, the company was able to achieve a satisfactory result despite the consumer restraint. The second half of the year ..
Economy in Saxony: Exports rise by a good 17 percent
In 2022, Saxon companies increased their exports to a record level. They increased their exports by 17% to 52.7 billion euros. The Saxony Economic Development Corporation (WFS) announced that the development was not only due to higher prices. China remained the most important export market with 8.7 ..