Foreign Investors Appreciate Germany
Germany has proven itself internationally as an investment location, even in the crisis year 2009. Compared to the previous year, investment project inquiries increased slightly. Read more
Exports to China up 14.5 Percent
In the third quarter of 2009, German imports were 18.9 percent lower than those of the same quarter of last year, amounting to Euro 167.9 billion. When price-adjusted, imports decreased 10.9 percent. 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
Ifo: World Economic Climate Improving
The Ifo World Economic Climate Indicator rose in the fourth quarter of 2009 for the third time in succession. The rise in the indicator is the result of both more favourable expectations for the coming six months as well as less negative assessments of the current economic situation. The recovery of the world economy is driven especially by the dynamic development in Brazil as well as in India, China and other Asian countries. Read more
Gebrüder Weiss: Joining Tricon Shipping
With its joining of Tricon Shipping and the name change to Weiss-Röhlig India, the Austrian transport and logistics enterprise Gebrüder Weiss strengthens its global network with 16 locations on the subcontinent. Read more
China and India: Increasing Business Risks
The number of European companies entering into a business relationship with China or India is increasing – so is the risk of payment default. Particularly in China more and more companies are defaulting on their payments. Read more
Global Economic Trends in Q3
Although the world economic situation looks gloomy, there is some hope of improvement, according to the current Global Economic Outlook by Deloitte. Read more
Charles Vögele Integrates Procurement in Asia
Charles Vögele Group is taking procurement in additional Asian countries into its own hands. Previous procurement activities of Tex Line Associates Pte. Ltd. for Charles Vögele in India and Bangladesh will be integrated into the Group with effect from November 2009. Read more
Contaminated Stainless Steel Imports
Over the past few months radioactively contaminated steel products have turned up in Germany. Since August 2008 more than 150 tons of contaminated material have been detected by German authorities. In some cases, importers or manufacturers had to take back their products. The metals industry does not really know the scope of the problem. Read more
