The opening ceremony of Hannover Messe (Hanover Fair) is held in Hanover, Germany, April 21, 2024.He noted that the contribution of German industry to economic growth and employment remains unbroken even during the energy transformation.
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The opening ceremony of Hannover Messe (Hanover Fair) is held in Hanover, Germany, April 21, 2024.He noted that the contribution of German industry to economic growth and employment remains unbroken even during the energy transformation.
German Chancellor Olaf Scholz has thanked Norway for providing gas to the country instead of Russia, adding that Oslo became Berlin's largest gas supplier.
German industry called for further government reforms to promote economic growth and cut red tape at the opening on Monday of the Hanover Fair, one of the world's largest industrial trade fairs. Amid projections of a decline in industrial production of 1.5% this year compared with last, Siegfried Russwurm, president of the Federation of German Industries (BDI), said current reforms launched by Germany's coalition government were completely inadequate. "Despite moderate prospects for recovery, we
Commercial vehicle manufacturer MAN Truck & Bus will be the first European truck producer to launch a small series with a hydrogen combustion engine. The
Swedish telecoms giant Ericsson reported a decline in fourth-quarter operating profit on Tuesday. When excluding restructuring charges, Ericsson's earnings before interest and taxes (EBIT) amounted to 7.4 billion Swedish kronor ($709 million), slightly lower than the 8.1 billion Swedish kronor recorded in the same period last year. Net sales for the fourth quarter reached 71.88 billion kronor, which was a 16% decrease compared to the previous year. The decline in sales was primarily driven by a