Popular articles tagged "Deindustrialisation"
Premium
The figures mean 27 per cent of all production equipment across the country is currently inactive, a level not recorded since April 2020.
High energy costs, bureaucracy, skilled-labour shortages and external pressures, including US trade policies and Chinese market distortions.
In the April-to-June period, there were 4,996 insolvencies of partnerships and corporations.
McKinsey’s 65-page study shows that Germany is investing almost nothing in additional production capacity.
Around 350 jobs are affected at the Dietenhofen site, which specialised in the manufacture of the popular toys.
The Rentenkommission is expected to suggest gradually raising the retirement age to 68.
The German industry association for the metals and electronics sector, Gesamtmetall, or the Federation of German Employers' Associations in the Metal and Electrical…
Germany’s steel sector has recorded its bleakest performance in more than 15 years, with crude steel production in 2025 falling to just 34.1 million tonnes.
The French court pulled the plug on Brandt, the century-old appliance maker once seen as a pillar of national industry.
The Federation of German Industries (BDI), one of Germany’s major business associations, has warned the government of Chancellor Friedrich Merz that the economy…
China has pulled ahead of Europe in terms of factory output but the numbers, and what they mean, were not as straightforward as they may look.
Jim Ratcliffe, the owner of UK multinational chemicals and energy giant INEOS, has warned that half of the industry located in Antwerp, Europe's second-largest port,…
Germany's iconic industrial group Thyssenkrupp will be broken up and turned into a financial holding no longer producing steel.
German steel major Thyssenkrupp released disappointing quarterly results May 15 on the foot of weak European steel demand.
Siemens, one of Germany’s biggest industrial conglomerates, has announced a tough cost-cutting programme that would see 5,600 jobs disappear in its Digital Industries…
Nicole Grünewald, president of the Cologne Chamber of Industry and Commerce (IHK Köln), has dismissed German Chancellor Olaf Scholz's remarks about the state of…
Luxembourg-based multinational steel manufacturer ArcelorMittal said it was delaying big investment programmes in Europe, citing uncertainties over European Union…
Workers unions in Germany have proposed that Volkswagen delay wage increases to save manufacturing plants in Germany.
The European Union has had its economic outlook downgraded for 2025 as problems related to the continent's deindustrialisation continue.
US multinational tobacco giant Philip Morris has said it planned to close two German factories due to falling demand across Europe.
German vehicle manufacturer Audi has said it would shut its factory outside Brussels by the end of February next year, media outlets in Belgium have reported.
Swedish battery manufacturer Northvolt, which specialises in lithium-ion technology for electric vehicles, has announced it will lay off 840 people as it continues…
As many have predicted, including in this column, the economic terrorism of government green extremists in one country after another has succeeded in splitting their…
Consider the misguided environmental policies that the British government is currently pursuing.
German multinational BASF is sparking a heated debate about degrowth and deindustrialisation.
Germany is showing worrying levels of gradual deindustrialization, a new survey has found.
Two out of three German companies have at least partly relocated their operations abroad because of Germany's ongoing energy chaos, says consultancy firm Deloitte.
European Union internal market tsar Thierry Breton has lauded the announcement of a new €15 billion microchip factory in Dresden, Germany, as dozens of other companies…
Brussels Commissioner Margaritis Schinas has distanced himself from Pierre Régibeau, the European Commission’s former chief economist.
Talk of European de-industrialisation is pure alarmism and lobbying, according to Pierre Régibeau. The European economy should be left to "adjust itself".
