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Thyssenkrupp is closing its sites in Chemnitz and Hohenstein-Ernsthal. Around 270 employees are affected. (Symbolic image) / Photo: Henning Kaiser/dpa

Thyssenkrupp cuts 270 jobs in Saxony

The employees of Thyssenkrupp in Chemnitz and Hohenstein-Ernstthal had bad premonitions. Now it is certain: the company is closing the sites with 270 employees.

Verbio records a slump in profits, but increases production at the same time (archive photo) / Photo: Christophe Gateau/dpa

Energy producer Verbio with profit slump

The biofuel manufacturer Verbio earned significantly less last year, but sees opportunities for a quick recovery. Why the Executive Board still wants to suspend the dividend payment.

A new hydrogen center for industry has started work in Chemnitz. (Symbolic image) / Photo: Jan Woitas/dpa-Zentralbild/dpa

New hydrogen center starts work in Chemnitz

The federal government is investing up to 290 million euros in four large hydrogen centers. The first has now opened in Chemnitz. Here, companies receive help to test new products and bring them to market maturity.

The Swiss company Meyer Burger is looking for investors after filing for insolvency. (Archive image) / Photo: Robert Michael/dpa

Bleak prospects for the solar industry

Millions of solar installations, but hardly any German technology left: more and more insolvency applications are weighing on the long-troubled industry. According to experts, the solar boom is also slowing down in Germany.

Dow closes its plants in Böhlen and Schkopau (archive photo) / Photo: Sebastian Willnow/dpa

Dow closes chemical plants in Saxony and Saxony-Anhalt

The US chemical company Dow plans to close individual plants in Böhlen in Saxony and Schkopau in Saxony-Anhalt by the end of 2027. According to the company, around 550 regular employees in the two federal states will be affected.Copyright 2025, dpa (www.dpa.de). All rights reserved

Diesel is currently most expensive in Bavaria, petrol in Saxony. (Archive image) / Photo: Arno Burgi/dpa

Fuel more expensive in the south

Drivers currently pay the most for refueling in Bavaria and Saxony. Rhineland-Palatinate has also become significantly more expensive in a state comparison. The city states, on the other hand, get off more cheaply.

Steam rises from the cooling towers of the Jänschwalde lignite-fired power plant operated by Lausitz Energie Bergbau AG (LEAG). (Archive photo) / Photo: Patrick Pleul/dpa

Czech EP Group takes over Leag completely

Czech investors EPH and PPF took over the opencast lignite mines and power plants in Lusatia in 2016. Now they are parting ways with the investment in Saxony and Brandenburg. What does this mean?