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.
News zu #News Dresden
Corporate events in restaurants: Christmas parties despite higher costs
Numerous companies are once again organizing Christmas parties in restaurants with their employees this year, even though restaurateurs have to adapt to higher costs during the Christmas period.
Saxony's Minister President demands leadership from Chancellor Scholz ahead of government statement on the budget crisis
Ahead of the government statement on the budget crisis, Saxony's Minister President Michael Kretschmer (CDU) has called for leadership from Chancellor Olaf Scholz (SPD).
Saxony calls for rapid solution for major projects
Saxony's Energy Minister Wolfram Günther has called for swift certainty for planned and eligible projects following the budget ruling. "In Saxony, we are talking about the chip industry, the solar industry and large hydrogen projects, among others," said the Green politician on Monday after consulta ..
Saxony pays out 1.56 billion euros in bridging aid to companies
Saxony has paid out 1.56 billion euros to companies during the coronavirus crisis. Claims amounting to EUR 7 million are still outstanding.
Anti-Israeli slogan prosecuted under criminal law
The slogan "From the river to the sea", which is often used at pro-Palestinian demonstrations, will also be prosecuted in Saxony in future. The opinion of the Munich Public Prosecutor General's Office is also shared by the Dresden Public Prosecutor General's Office, the Dresden authority said on Tue ..
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.
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.
Hamas attack on Israel becomes topic in Saxon schools
Saxony's Ministry of Culture encourages teachers to address the Middle East conflict in the classroom because students have fears, concerns and questions.
Chambers of Industry and Commerce warn of consequences of the discussed stationary border controls at the border to Poland and the Czech Republic
Saxon and Bavarian Chambers of Industry and Commerce (IHK) have warned the federal authorities of the consequences of the discussed stationary border controls at the border to Poland and the Czech Republic.
Kretschmer promotes Saxony in Paris
Minister President Michael Kretschmer (CDU) wants to promote Saxony's economic cooperation and friendship with France during a visit to Paris. During the two-day trip, the Free State will host a reception on Wednesday together with the German ambassador to mark the Day of German Unity, as the Saxon ..
Foreign trade growth weaker than in the two previous years
Even though the economic engine is sputtering, the foreign trade sector in Saxony is continuing to grow this year. However, growth is slowing down considerably. However, there are special reasons for this development.
Outflow of workers: Kretschmer concerned
Against the backdrop of job cuts at Volkswagen in Zwickau, Saxony's Minister President Michael Kretschmer has expressed concern about emigrating workers. "Everything that now migrates abroad will be there for 10 or 20 years and will not come back," the CDU politician said in an interview with the "F ..
Dispute over AfD ban: Saxon Justice Minister considers ban difficult under current circumstances
Saxony's Justice Minister Katja Meier believes it would be difficult to ban the AfD under the current circumstances. In some federal states, the party is being monitored as a suspected case, while in others it is considered to be right-wing extremist.
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 ..
Business delegation in East Asia on promotional tour for Saxony
With a delegation of entrepreneurs and scientists, Economics Minister Martin Dulig (SPD) will be going on a promotional tour for Saxony's economy and research in East Asia next week. The appointments in Japan and South Korea will focus on cooperation in the field of microelectronics, alternative dri ..
Saxony must plug budget holes this year
Saxony's Finance Minister Hartmut Vorjohann (CDU) wants to use the billion-euro surplus from the two previous years to plug budget holes this year. It is about 1.1 billion euros, which remained in the reserve after the double budget 2021/22, confirmed a spokesman for the Ministry of Finance in Dresd ..
Günther calls for temporary bridge electricity price
Saxony's energy minister Wolfram Günther has called for a temporary, subsidized bridge electricity price for energy-intensive industrial companies. In Saxony, indispensable basic materials for the semiconductor and solar industries are produced, there are numerous energy-intensive companies that are ..
Saxon SMEs are by far the most important employers
The Saxon Ministry of Economic Affairs has published the brochure "Saxony as a Location in Comparison with Other Regions 2022", which presents the state's development status in a German and European context. The report shows that Saxony is a leader in several areas, such as job density, SMEs, crafts ..
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 ..
Ifo Institute: Good research landscape is not enough
Joachim Ragnitz, vice president of the Ifo Institute in Dresden, points to weaknesses in Saxony's economic competitiveness. Low wages and infrastructure deficits are criticized.
State prizes for reasons and innovation awarded
Three companies from Dresden and Radeberg are the winners of this year's State Awards for Foundations, Transfer and Innovation. Poweron GmbH Dresden was chosen for its flexible bionic robot technology, which gives robots fingertip sensitivity, the Ministry of Economics announced Tuesday evening. Nuc ..
Saxon Development Bank examines use of subsidies at battery manufacturer Blackstone Technology
The Sächsische Aufbaubank (SAB) is investigating whether the subsidies awarded to battery manufacturer Blackstone Technology in Döbeln were used correctly. According to the Ministry of Economics, the company must prove that at least ten percent of the investment costs have been incurred and paid bef ..
Economy in Saxony: Exports rise by a good 17 percent
In 2022, Saxon companies increased their exports to a record level. They increased their exports by 17% to 52.7 billion euros. The Saxony Economic Development Corporation (WFS) announced that the development was not only due to higher prices. China remained the most important export market with 8.7 ..