Bosch products and services can be found almost everywhere. Also in Russia. To date: In April, the company announced that it would not leave the Russian market despite the war and sanctions. Nevertheless, Russian consumers are angry. In April, the new Bosch boss Stefan Hartung announced an unpopular decision. He announces that the traditional German…
Danger of a “chain reaction” German economy fears Taiwan escalation 8/5/2022 8:36 am According to economists, the increasing tensions in the Taiwan conflict are revealing the fragility of the German economy. Because Taiwanese companies play a central role in global supply chains. At the same time, China is Germany’s largest trading partner. The global effects…
Disappointing quarterly numbers Zalando’s profit collapses 04/08/2022 16:26 The list of unfavorable factors is long. Nevertheless, Zalando hopes to be able to show a better balance sheet in the second half of the year. For the second quarter, however, the following still applies: inflation, delivery problems and the Ukraine war are having a significant impact…
“No signs of recovery” Material shortages have a firm grip on most of the industry 08/01/2022, 10:12 am First the corona pandemic, then the Ukraine war: The international crises have a lasting impact on supply chains and production. German industry lacks material. Mainly in the core industries are affected. According to the survey, the lack…
Because prices continue to rise, a third relief package has long been in the air, but the state is gradually running out of steam. The federal government therefore wants to commit employers and trade unions to a common goal. That will be difficult for the Chancellor. After the summit marathon of the EU, G7 and…
Every fifth company at risk Many metal companies fear for their existence 06/18/2022, 09:24 am The consequences of the Ukraine war and the pandemic are hitting the metal industry hard. There is a lack of semiconductors, raw materials and preliminary products. Added to this are rising energy costs. The loss of production could soon endanger…
Eleven percent fewer registrations Delivery problems are slowing down the new car market 06/16/2022, 10:27 am The car market continues to suffer from delivery problems. Eleven percent fewer new registrations were recorded in May than in the same month last year. It is the tenth negative month in a row. A trend reversal is not…
300 trains are standing around Problems with the railways slow down freight traffic 06/14/2022, 7:39 p.m It is not only global phenomena that are disrupting supply chains in Germany, Deutsche Bahn obviously also has a part to play. Due to numerous problems, up to 300 freight trains are said to be standing around on the…
Europe more complicated than overseas Six Boeings fly Formula 1 around the world By Kevin Schulte 6/10/2022 6:57 am On Sunday, Formula 1 drives in Azerbaijan on the Caspian Sea, just a week later it starts in Montreal at the Canadian Grand Prix. 750 tons of materials in six cargo planes. A logistical tour de…
After lockdown loosening China’s exports are growing faster than expected 06/09/2022, 4:10 p.m After China’s foreign trade initially suffered severely from the consequences of the imposed lockdowns, the country now seems to be recovering. The current export figures are a lot higher than expected. However, unstable supply chains and high international inflation rates continue to…
“At least not a downward spiral” German industry recovers slightly after war dent 06/08/2022, 10:11 am In March, production output in Germany plummeted, and the Federal Statistical Office recorded at least a slight plus for April. The reason for the continued tightening of the handbrake in industry, construction and energy suppliers is not only the…
“Order boom is over” Industry receives fewer orders again 06/07/2022, 11:49 am The industry has full order books, but the influx of new orders is getting thinner. There are several reasons: high prices, falling demand, a lack of primary products. Above all, customers from abroad hesitate. In April, German industrial companies received fewer orders for…
