Holcim to Acquire German Building Materials Firm Xella in €1.85 Billion Deal
Swiss cement conglomerate Holcim has agreed to acquire German building materials manufacturer Xella for €1.85 billion, marking a significant strategic move in the European construction sector. The transaction, announced on Monday, is expected to be finalized in the second half of 2026, pending approval from relevant regulatory authorities. Xella, headquartered in Duisburg, Germany, is a...
Austrian Bank Publishes Interim Financial Statement
Hypo Vorarlberg Bank AG has announced the publication of its half-year financial report for 2025, according to regulatory filings released on September 29, 2025. The Austrian banking institution disclosed the interim financial statement in compliance with § 125 of the Austrian Stock Exchange Act, utilizing the European Single Electronic Format (ESEF) for standardized digital reporting. The...
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Thirty-five years after German reunification, women's employment rates have reached parity between eastern and western states for the first time, according to data released by the Federal Statistical Office. The national employment rate for women aged 15-65 has climbed from 57% in 1991 to 74% in 2024, marking a significant transformation in Germany's labor market landscape. This convergence...
The German prosthetics manufacturer Ottobock SE & Co. KGaA has announced concrete details for its planned initial public offering, targeting proceeds of up to €808 million in what would be Germany's largest stock market debut since early 2024. The Duderstadt-based company revealed on Monday that it will offer shares in a price range of €62 to €66, valuing the medical technology firm between...
A German man from the Rhine-Main region has finally claimed a €15.3 million lottery jackpot after discovering the winning ticket in his transitional jacket six months after the draw. The family father had played the Lotto 6aus49 game on March 29, correctly guessing six numbers plus the super number, but subsequently forgot about the ticket stored in his jacket's inner pocket.</p>Lotto...
Former German Defense Minister Karl-Theodor zu Guttenberg has firmly rejected media interpretations suggesting he supports softening the Christian Democratic Union's so-called "firewall" against the far-right Alternative for Germany (AfD). The CSU politician told Deutsche Presse-Agentur in Berlin that contrary to some reports, he has never advocated for weakening the party's official stance...
The European Union's automotive industry recorded a 5% year-on-year decline in industrial robot installations in 2024, with only 30,650 units deployed across the bloc's vehicle-producing countries. This contraction comes despite the automotive sector traditionally accounting for approximately one-quarter of all global robot installations, according to the World Robotics 2025 Industrial...
The International Biathlon Union is confronting climate change head-on with experimental roller-ski competitions, staging the Loop One Festival in Munich's Olympic Park as both a public showcase and practical preparation for potentially snowless winters. Top athletes from around the world gathered for the exhibition event, which featured biathlon on wheeled skis rather than traditional snow...
Swiss cement conglomerate Holcim has agreed to acquire German...
Hypo Vorarlberg Bank AG has announced the publication of its...
Baden-Württemberg's camping industry is poised for a record-breaking...
FRANKFURT (dpa-AFX) - The German stock market is expected to post...
UMT United Mobility Technology AG continues to expand its footprint...
Munich was plunged into a state of emergency following a violent...
European defense technology company Helsing has unveiled its CA-1...
The Darmstadt-based Merck Group, a DAX-listed pharmaceutical and...
