France as Partner Country at Hannover Messe 2011
France will be the official Partner Country at Hannover Messe 2011. Reflecting the keynote theme “Innovation for sustainable growth”, the French exhibits will put the focus on the energy sector, sustainable mobility and energy efficiency. Read more
Jump in Sales in China and India
Worldwide demand for motor cars has further stabilised on most foreign markets towards the end of the year. Numerous stimulus packages have been supporting this trend. In China, sales volumes in November almost doubled with an increase of 92 percent. Read more
France Remains No 1 Trading Partner
As reported by the Federal Statistical Office (Destatis), France again was Germany’s number one trading partner for exports in the previous year, accounting for Euro 93.7 billion of exports. Imports from France amounted to Euro 63.4 billion in 2008, so that France was the second most important supplier country for German imports after the Netherlands (Euro 68.0 billion). Read more
Kuka Closes Two Locations in France
Kuka AG, a company that specializes in automating industrial manufacturing processes, is reorganizing its business in France and announced the closing of two Kuka Systems locations in Tours and Montigny near Paris. Dr. Lothar Bakowsky becomes Chairman of the Management Board at Kuka Roboter GmbH, the Robotics Division. Read more
72 Percent of All Imports from Europe
In 2008 German companies imported goods to the value of 818.6 billion euros, 72.0 percent of which came from Europe (589.3 billion euros). Read more
France: Record Deficit in Foreign Trade
In 2008, gross domestic product in France will probably grow by only 1 percent in real terms, and the forecast for 2009 does not paint a rosier picture. Problems in the national budget will get worse and, accordingly, it will become more difficult to reduce the deficit to zero by 2012, as agreed with Brussels. In the first six months of 2008, the balance of trade recorded a deficit of 24 billion euros. At the same time, French investors’ appetite for foreign investments is growing. Read more
