Riesa steelworks opens emission-free rolling mill
Big ambitions: The steelworks in Riesa is focusing on more climate-friendly steel production with a new rolling mill - but high energy prices continue to jeopardize its course.
News zu #Company
Saxony asserts itself as a business location
Company relocations are not a matter of course in difficult economic times. Even if investments in 2024 are significantly lower than in the previous year, Saxony is satisfied.
Corona aid: Greens call for relief for those affected
The state helped companies financially during the coronavirus pandemic. Some small companies in particular feel overwhelmed by the repayment. The Greens are therefore calling for a remedy.
Foundation stone laid for aircraft factory at Leipzig/Halle Airport
Hundreds of tons of earth have so far been moved at Leipzig/Halle Airport for an aircraft factory. An environmentally friendly regional aircraft is soon to be built here.
Chemical park boss: "Disaster with an announcement"
The chemical industry is under pressure. The Managing Director of the Leuna Chemical Park is calling for a different energy policy and is relying on Russian gas.
Panter sees untapped innovation potential in Saxony
A study confirms that Saxony has great potential for future innovations through the transfer of science and research. It shows where there is a need for action and what opportunities exist.
Riesa-based medium-sized company invests 30 million euros
The current crises are also affecting Saxony's economy. Alongside concerns, there is always positive news.
Chemical industry in Saxony is weakening - calls for a new start
Saxony's chemical industry is clearly operating at full capacity. This not only puts jobs at risk - but also the future of entire locations.
Gas trader VNG sells subsidiary shares to fund manager
An international investor is investing in the Leipzig-based VNG subsidiary Balance in order to expand the biogas business. What plans is VNG pursuing with this?
Quarterback sells apartments to Vonovia: implications for tenants
Quarterback Immobilien AG sells 2800 apartments to Vonovia. What does this mean for tenants? An analysis of the Leipzig-based company's new strategy.
New owner wants to further develop Belantis amusement park
Belantis now belongs to a French amusement park giant. Plans for more visitors and new attractions are soon to be drawn up.
Start-up scene in Saxony with strengths and pent-up demand
Saxon start-up companies still too often stew in their own juices. There is a lack of employees from abroad and insufficient access to venture capital.
Gas trader VNG: Return to Russian gas hardly conceivable
The energy group VNG no longer wants to purchase gas from Russia, even in the long term. The company is distancing itself from political mind games and is focusing on secure sources.
Gas trader VNG achieves strong result despite uncertainties
VNG ends 2024 with a solid result despite the difficult situation and continues to focus on green gases. But what the future of energy supply will look like depends on more than just the company.
Saxon companies pay back 16 million euros to the federal government
Thousands of businesses in Saxony have to pay back coronavirus aid - and some can barely manage it. According to critics, small craft businesses in particular are facing acute financial difficulties as a result.
Slight increase in the number of businesses in Saxony
In 2024, more businesses were registered than deregistered in Bavaria. One economic sector was particularly well represented.
Saxony participates in 31 companies
Saxony as an entrepreneur: The Free State has a stake of almost 600 million euros in the companies. This is intended to promote the common good.
Hydrogen instead of diesel - BMW tests use of new trucks
Quickly refueled and emission-free on the road: BMW is using hydrogen trucks to transport components for the first time. But the technology still has one hurdle.
Out after almost 500 years: Paper mill closes down
It is considered to be the oldest paper mill in Germany, but now it is coming to an end. This year, the Felix Schoeller company plans to close the Penig site. What will happen to the employees?
Textile industry suffers from loss of sales
Saxony and Thuringia are among the largest textile locations in Germany. However, the industry is struggling considerably and is groaning under high costs and bureaucracy.
Leipzig ICE plant: Optimism despite many challenges
The Leipzig ICE plant is celebrating its 15th anniversary. Despite the current poor network infrastructure at Deutsche Bahn, the plant remains optimistic.
Trainer and ex-professional Rost develops energy drink
His last job as a coach was almost a year and a half ago. In the meantime, Timo Rost has embarked on a new project away from soccer. But he can't let go of his coaching job.
Komsa boss Urbon leaves company after five years
Founded in 1992, the technology provider Komsa has grown to become one of the largest family businesses in the East. Following the merger with Westcoast, the previous boss is now leaving the company.
Elbe Flugzeugwerke waiting for giant A380 bird
Elbe Flugzeugwerke in Dresden takes care of the conversion and maintenance of aircraft. Now the world's largest passenger aircraft is once again landing on the Elbe.
Searches at construction company Gröner also in Berlin
On Friday, investigators searched the business premises of the Gröner Group in Leipzig. The search has now continued in Berlin. The suspicion: Procrastination in insolvency.
More insolvencies in Saxony
The credit agency Creditreform publishes annual insolvency statistics. According to these statistics, the number of corporate insolvencies is rising - both nationwide and in Saxony.
Student companies receive funding from the Free State
Healthy snacks, 3D printing or IT services - student companies in Saxony are active in many areas. The Ministry of Education and Cultural Affairs supports the young entrepreneurs.
Searches at construction companies in Leipzig
The Leipzig police and public prosecutor's office are currently searching the premises of a construction company. Among other things, there is a suspicion of delaying insolvency.
Cooling towers in Boxberg blown up - clearing the way for green energy
The coal era is also coming to an end in Lusatia. The demolition of the Boxberg cooling towers marks the start of Lusatia's transformation into an energy region.
Chimney over 40 meters high blown up - living space planned
For years, the derelict site of VEB Edelpelz near Leipzig was an eyesore. Now around 400 apartments are to be built there. There is a huge bang at the end of the demolition work.
Lusatian companies struggle with difficult business situation
The mood among companies in Lusatia remains subdued. According to the IHK, a turnaround is not in sight.
Investments and modernization on the Fichtelberg: sale of the operating company in Oberwiesenthal under consideration
Is the Fichtelberg about to be sold off? The Oberwiesenthal town council is to decide on Tuesday whether to sell Fichtelberg Schwebebahn GmbH. One interested party is already lined up.
Saxony-Anhalt: Hydrogen core network picks up speed
A new core network for hydrogen transportation with great economic potential is being built in eastern Germany. The construction is intended to strengthen the region as a center for sustainable energy.
Philip Morris ends production in Germany
Demand for cigarettes has been falling in Europe for years. Philip Morris is therefore withdrawing from production in Germany.
Support for companies in coal mining areas
Structural change is in full swing in Saxony's coal-mining regions. Funding is now available for the production of climate-friendly technologies.
Company Fit is looking for a suitable buyer
The East German brand Fit wants to be fit for the future. The company is currently looking for options. Because owner Wolfgang Groß is thinking about retirement at the age of 72.
Further increase in corporate insolvencies in Saxony
More and more companies are filing for insolvency in Saxony. The construction and retail sectors are particularly affected.
Leipzig Trade Fair heading for record sales
Business with trade fairs, congresses and events has finally picked up again. Leipziger Messe is confident about the coming years.
Eckert & Ziegler puts new plant building in Dresden into operation
Eckert & Ziegler opens its new premises in Dresden. The company wants to send a clear signal for the future of radiopharmacy in the region.
Cultural Foundation sponsors exhibition on the Meissen porcelain manufactory in the GDR
Founded in 1710 after the invention of European hard porcelain, the Meissen manufactory is world-famous. The Staatliche Kunstsammlungen are now shedding light on this rather unexplored chapter of its history.
1,100-kilometer hydrogen network for Central Germany
A study shows great potential for green hydrogen in Saxony, Saxony-Anhalt and Thuringia. The expansion of electrolysis capacity and the conversion of existing pipelines are crucial here.
New factory for satellite drives opened in Dresden
Morpheus Space manufactures drives for satellites in the state capital. The company wants to meet the growing demand with the new factory.
Ontras invests in hydrogen core network in Central Germany
The transmission system operator Ontras is involved in the future hydrogen core network in Central Germany with an investment volume in the mid three-digit million range.
Sage harvest underway - demand on the rise
The production halls at Bombastus-Werke smell like the Mediterranean again these days. This is because the harvest of aromatic sage leaves is in full swing. Business is booming.
New development plan for Leipziger Messe
The New Leipzig Trade Fair wants to become more attractive: More outdoor events and more storage space are desired. The city is now working on a new development plan.
Sunfire celebrates 100 million loan
The Dresden-based company Sunfire sees its commitment to green hydrogen confirmed by a loan from the European Investment Bank EIB. On Friday, the cooperation was once again ceremoniously sealed in Dresden. The EIB is granting Sunfire a loan of up to 100 million euros. The company intends to use this ..
Saxony invests in battery production for the future
Saxony is gearing up for the production of the next generation of batteries.
Saxony sets course for battery industry in the state
The light metal lithium is particularly important for battery production. The company is now planning to build its own production facilities in Saxony - to make itself less dependent on the global market.
Solar energy: Plant near Dresden inaugurated
The Dresden-based company Sunmaxx wants to pioneer the next generation of solar technologies. Its plant has now opened with highly automated module production.
Solar industry in Saxony-Anhalt dependent on aid
Last week, employees of the solar company Meyer Burger in Freiberg, Saxony, were given their notice. Is there a threat of redundancy in Bitterfeld-Wolfen too?
Concerns about musical instrument making: The year of the tuba in Saxony's musical corner
The year of the tuba worries the few farmers in Saxony's musical corner. Cheap imports are threatening local instrument production.
Solar manufacturer Meyer Burger closes plant in Freiberg
The solar manufacturer Meyer Burger has sealed the final end for its site in Freiberg, with more than 400 employees losing their jobs.
Meyer Burger stops module production in Freiberg
The solar manufacturer Meyer Burger is discontinuing module production at its Freiberg plant, affecting 500 employees.
Significant losses for solar manufacturer Meyer Burger
The solar manufacturer Meyer Burger has made considerable losses. The management wants to relocate its production to the USA - and is demanding aid from the German government.
Number of businesses in Saxony increased by 1154 in 2023
In 2023, more businesses were registered than deregistered in Bavaria. One economic sector was particularly well represented.
Villagers of Pödelwitz call on federal politicians to preserve their village
The remaining residents of Pödelwitz are calling on federal politicians to actively support the preservation of their village. They criticize the delaying tactics of the energy companies RWE and Mibrag.
Lufthansa Technik and Rolls-Royce expand joint venture N3 Engine Overhaul Services
Lufthansa Technik and Rolls-Royce are investing 150 million euros in N3 Engine Overhaul Services in Arnstadt, Thuringia, creating 250 new jobs and doubling capacity to up to 250 engines per year.
Meyer Burger announces closure of Freiberg plant
The solar company Meyer Burger is preparing to close its plant in Freiberg in order to save costs and increase production in the USA.
Head of the State Chancellery travels to Taiwan with a delegation
Saxony sees the planned relocation of Taiwanese chip manufacturer TSMC to Dresden on schedule. "We are making very good progress with TSMC's relocation process in Dresden," explained State Chancellery Leader Oliver Schenk (CDU) in Dresden on Tuesday. The new plant will further strengthen Saxony's po ..
Solar technology for vehicles: New production facility in Zwenkau creates 120 jobs
The company "Opes Solar Mobility" is planning to produce special solar technology for vehicles such as trucks, motorhomes and buses in Zwenkau from the end of this year. This is expected to create around 120 jobs.
Solar manufacturer hopes to maintain production in Germany
The solar company Meyer Burger is hoping for support from politicians to keep solar module production in Germany. "We have not yet made a decision," said CEO Gunter Erfurt at a press conference on Wednesday. However, there are good signals and the expectation is that the issue will be resolved. "But ..
Minister President Haseloff wants a fair solar market in Europe
In view of the impending departure of solar module production from Germany, Saxony-Anhalt's Minister President Reiner Haseloff (CDU) has called on the German government and the EU Commission to take action. "I am following the developments at Meyer Burger with great concern," Haseloff told the Germa ..
Luxury items from Leipzig Airport all over the world
The logistics site at Leipzig/Halle Airport is growing. The Munich-based company Mytheresa, an online platform for luxury fashion, officially opened a logistics center in Schkeuditz on Thursday. Covering an area of around 55,000 square meters, the center offers space for up to five million luxury it ..
Saxony's arts and crafts sector generates millions every year
Saxony's arts and crafts sector generates a turnover of around 650 million euros per year. It is an integral part of the Christmas tradition and also an important creative industry of supra-regional significance, as the Ministry of Economic Affairs in Dresden announced on Sunday. An image film publi ..
More company bankruptcies in Saxony in 2023
The economic environment has also become more difficult for companies in Saxony. More and more companies are having to go to insolvency court.
Two millionth Porsche "made in Leipzig" rolled off the production line
The two millionth Porsche has rolled off the production line at the Leipzig plant of Stuttgart-based car manufacturer Porsche. A conversion of the plant is to ensure even more variety in the future.
Hydrogen network: key node in the chemical triangle
Germany wants to increase its use of hydrogen as an energy source. Plans for a nationwide hydrogen network were presented on Tuesday. Central Germany plays a key role in this.
Saxony's Economics Minister and steel industry demand reduced industrial electricity price
Saxony's Economics Minister Martin Dulig and representatives of the steel industry are calling for a swift agreement on a reduced industrial electricity price. The steel industry is facing enormous challenges.
Bautz'ner mustard and delicatessen is spared supply bottlenecks abroad
Bautz'ner Senf und Feinkost is spared supply bottlenecks abroad thanks to increased use of domestic raw materials.
Hydrogen power plant in Leipzig in operation
In Leipzig, one of the most important milestones for a sustainable heat supply of the largest city in eastern Germany was laid on Monday. According to Leipzig's municipal utility, Germany's first certified hydrogen power plant went into operation. "The Leipzig-Süd combined heat and power plant is a ..
Right-wing extremism makes it difficult to recruit international specialists at Infineon in Dresden
The rise of right-wing extremism in Saxony is making it difficult to recruit international specialists for the Dresden plant of German chip manufacturer Infineon.
Lieferando expands range to include technology products from Saturn and Mediamarkt
Lieferando cooperates with Saturn and Mediamarkt to deliver tech products to users.
Volkswagen resumes normal production in Zwickau and Dresden
Volkswagen has been back to normal production in Zwickau and Dresden since Monday, after production was curtailed due to weak demand. The company agreement on three-shift operation in Zwickau was terminated and expires at the end of the year.
50Hertz invests €4.6 billion in expansion of transmission network
The eastern German transmission system operator 50Hertz is investing 4.6 billion euros in the expansion of sea and land cables. This is the biggest order in the company's history.
European solar industry threatened by cheap Chinese solar modules
The energy ministers of Saxony and Saxony-Anhalt are calling for rapid protective measures by the EU against the increased number of cheap Chinese solar modules on the European market.
Mibrag commissions photovoltaic plant in old open pit mine
The mining company Mibrag has commissioned a huge photovoltaic plant on an old open-cast mine site south of Leipzig. More than 66,000 solar modules stand on a 55-hectare area, according to the company. That corresponds to about 77 soccer fields.According to the company, the new Peres II plant can pr ..
Peak potato harvest in Saxony - drought hampers farmers
The drought is making farmers' work more difficult during the potato harvest in Saxony and can lead to quality losses.
Photothermal modules "made in Saxony": Start of construction near Dresden
The Dresden-based company "Sunmaxx" wants to become a pioneer of the next generation of solar technologies. Now the company has started building a highly automated module production facility.
Heckler & Koch founders identified as fellow travelers in Nazi times
A study shows that the founders of Heckler & Koch acted as fellow travelers during the Nazi era.
Study: Around 33,000 SMEs facing succession by 2030
In the course of demographic change, according to an expert opinion by management consultants Kienbaum, a management succession is due by 2023 at around 33,000 family businesses in Saxony. "We are talking about at least 131,000 jobs that need a perspective in the coming years," said Minister of Econ ..
Electronics group Siltronic with expansion building in Freiberg
Silicon wafer manufacturer Siltronic is modernizing its production in Freiberg and has put an extension building into operation for this purpose. Several hundred million euros have reportedly been invested in the so-called crystal pulling hall. The company did not get more specific at the opening on ..
Automotive Cluster East Germany sees no turning away from electromobility despite difficulties
Despite current difficulties, the Automotive Cluster East Germany does not see any turning away from electromobility. It was clear from the outset that this change would be a rocky road, said Jens Katzek, managing director of the association, to the Deutsche Presse-Agentur.
Fund promotes Saxon start-ups
The Technologiegründerfonds Sachsen (Saxony Technology Founders Fund) plans to support around 40 start-ups in its next funding period. For this purpose, 93.5 million euros are available, the fund announced on Thursday. The founders could receive between 200,000 and 5 million euros in funding. In que ..
Founding a media company: The path to digital success
Do you dream of starting a digital media business but don't know where to begin? A compact MasterClass can help.
Saxony supports start-ups with 30 million euros for accelerators
Start-up assistance for start-ups: Saxony wants to strengthen the start-up landscape in the Free State with a funding program for so-called accelerators. Accelerators are institutions that take in start-ups for three to twelve months in so-called start-up classes, offering them office space, technic ..
Meyer Burger plans to establish further solar production in Europe
Solar manufacturer Meyer Burger is looking to expand its capacity in Europe on a gigawatt scale. This month, it applied to the EU's Innovation Fund for funding in the three-digit million range, the company announced Thursday. It said the project would involve the production of both solar cells and s ..