Tax estimate: Less revenue than expected for Saxony
The tax estimate provides an indication of how revenue will develop. According to the Saxon finance minister, significantly less money is coming into the state coffers than expected.
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Millions in funding for new innovation clusters
Saxony plans to provide millions in funding to further innovation alliances between industry and science. Up to three projects will be supported over a period of up to ten years, the Ministry of Economic Affairs announced on Monday. Up to five million euros are available for each project. Innovative ..
Saxony's Economics Minister travels to Italy with a delegation to strengthen economic relations
Saxony's Economics Minister Martin Dulig (SPD) is traveling to Italy with a delegation to expand economic relations.
Saxon Female Founder Award 2024 - start of applications for female founders and entrepreneurs
From May 16, female founders and entrepreneurs can apply for the Saxon Female Founder Award, which is awarded by the Saxon State Ministry of Justice and for Democracy, Europe and Equality.
EU funding strengthens Saxony's economy according to Economics Minister Dulig
Economics Minister Dulig emphasizes the positive effects of EU structural funds on Saxony's companies and jobs.
Federal Chancellor visits Dresden craft business
Federal Chancellor Olaf Scholz (SPD) is coming to Dresden again. On April 19, he will visit Holzbau Lepski GmbH in Dresden at the invitation of the Dresden Chamber of Crafts, the chamber announced on Friday. The family business, which was founded in 2006, is managed by master carpenter Ralf Lepski a ..
Saxony supports SMEs entering the international market
Saxony is planning 100 activities in 30 countries to support small and medium-sized enterprises in accessing international markets.
Saxon gaming industry present at trade fairs
Presentations at Caggtus, Gamescom and Gitex are intended to network Saxony's gaming industry internationally and showcase its innovative potential.
Saxon gaming industry presents itself at trade fairs in Germany and abroad
Appearances at trade fairs are intended to network the Saxon gaming industry and create internationality
Saxon Union presents economic strategy for 2035
CDU Saxony presents ten points to strengthen the economy and make the location fit for the future
Saxony Economic Development Agency records successful year 2023
The Saxony Economic Development Corporation (WFS) recorded a successful year in 2023 with 16 new companies and investments totaling 10 billion euros.
CDU parliamentary group in the Saxon state parliament sees no scope for additional staff in the state administration
CDU parliamentary group sees fourth-highest staffing ratio in Germany and plans to reduce staff.
Equality Minister promotes solidarity and gender equality
Saxony's Equal Opportunities Minister Katja Meier (Greens) promotes more solidarity and gender equality at a reception in the state parliament.
Pupils explore the world of work during open week for companies
Pupils try out different professions in the open week of companies, supported by more than 1300 companies and institutions.
Saxony's chambers of industry and commerce warn of a collapse in the freight forwarding industry
The Saxon Chambers of Industry and Commerce (IHK) and the Saxon Transport Industry Association (LSN) have warned the Federal Minister of Transport, Volker Wissing (FDP), of a collapse in the freight forwarding industry. In a joint letter to the transport minister on Thursday, they stated that the tr ..
Debt of the Saxon municipalities increased
Saxon municipalities have a low level of debt per capita compared to the rest of Germany. However, the level of debt has recently risen significantly. This was announced by the Federal Statistical Office in Wiesbaden on Friday, citing a model calculation on debt in the so-called non-public sector.Th ..
Public procurement law launched
The legislative plans have been agreed in the coalition agreement between the CDU, Greens and SPD. However, the CDU fears more bureaucracy. The cabinet decision has not resolved the conflict within the coalition.
CDU aims to become strongest force in Saxony state elections
The CDU wants to become the party with the most votes in the state elections in Saxony, as it did five years ago. The AfD is currently ahead in the polls. "Our goal is to clearly become the strongest party in the Saxony elections and to form a stable government from the center under the leadership o ..
German site at risk: Meyer Burger plans to close plant in Saxony
Meyer Burger's announcement to close a plant in Saxony has alarmed Saxony's Minister of Economic Affairs, Martin Dulig. An impending closure would hit the solar industry hard.
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 ..
Saxony's Minister of Economic Affairs sticks to test center for railroad technology
Saxony's Minister of Economic Affairs Martin Dulig (SPD) remains committed to a test center for railroad technology (Tetis) in the east of the state.
Habeck undertakes three-country trip to Germany
Federal Minister for Economic Affairs Robert Habeck is traveling through several federal states from Wednesday to Friday. The Green politician first has appointments in Saxony on Wednesday, then in Thuringia on Thursday and in Munich on Friday. The program of a "skilled workers and energy trip" incl ..
Saxony's Economics Minister contradicts speculation about abandoning public procurement law
Saxony's Minister of Economic Affairs Martin Dulig (SPD) has contradicted speculation that the state will abandon its planned public procurement law.
Solar system planned for the roof of Dresden's town hall
The state capital of Dresden is planning to build a solar installation on the roof of the town hall to set an example for climate protection and a secure energy supply.
Saxony's interior minister criticizes law on deportations
Saxon Interior Minister Armin Schuster is sceptical about the effectiveness of the new law on deportations. This "will tie our hands even more, and we will move even further away from the repatriation offensive announced by the Federal Chancellor", the CDU politician told the Bild newspaper (Saturda ..
Kretschmer causes irritation with public procurement law
Is the Saxon Public Procurement Act doomed to failure? After years of tough wrangling, things are not looking good for the amendment to the law, at least at the moment. Now the CDU has to show its colors.
Rapid expansion of electricity and hydrogen grids necessary
From an expert's point of view, a rapid expansion of electricity, hydrogen and broadband networks is necessary for good economic development in Saxony. Renewable energies and corresponding storage facilities also need to be massively expanded, according to an expert report that is to be presented to ..
Business founders in Saxony can apply for a reduced-interest microloan
Business founders in Saxony can receive a low-interest microloan of up to 30,000 euros for their projects. The loan can be applied for with immediate effect from the Sächsische Aufbaubank (SAB), the Ministry of Economic Affairs announced.
Saxony and the Czech Republic plan joint hydrogen network
Saxony and the Czech Republic are planning to build a cross-border hydrogen network. The Saxon Ministry of Economic Affairs announced on Thursday after signing a declaration of intent in Dresden that the two countries also want to promote exchange and cooperation between research institutions and co ..
Thousands of farmers with tractors at rally in Dresden
Numerous farmers and supporters demonstrated against the federal government's austerity plans in Dresden on Wednesday. According to the Land schafft Verbindung association, around 4,000 tractors from surrounding cities drove to the Saxon state capital, and there were thousands of participants. The p ..
Farmers continue protests in Saxony
Farmers in Saxony are continuing their protests with rallies in Dresden and Plauen. Considerable traffic obstructions are expected.
Large farmers' demonstration in Dresden leads to traffic restrictions
Due to a large farmers' demonstration in Dresden, the police are expecting considerable traffic restrictions on Wednesday.
Saxony's farmers stop protest action early
Saxon farmers want to end their protest against the federal government's austerity plans early on Monday. "The understanding for our protests today was overwhelming," announced the state farmers' association and the Land schafft Verbindung association.In order not to further restrict evening traffic ..
Lack of willingness to engage in dialog: Kretschmer accuses federal government of dealing with farmers' protests
Saxony's Minister President Michael Kretschmer criticizes the federal government for its lack of willingness to engage in dialogue in dealing with the farmers' protests. Kretschmer is calling for more explanations from the coalition government in Berlin. The government's measures are inadequate.
Farmers: Distancing themselves from demos in the wake of their protest
Saxon farmers are distancing themselves from demonstrations and actions planned by political actors in the wake of the farmers' protests in the coming week. There are attempts at fraternization that are not in the interests of the farmers, said Diana Henke, spokeswoman for the state farmers' associa ..
Lifting of the budget freeze for subsidized economic projects in Saxony
Saxony's Economics Minister Martin Dulig welcomes the lifting of the budget freeze for subsidized economic projects. The Saxon economy would like to invest, but there are more applications than available money.
Supplier network warns of job losses in the automotive industry
After the abrupt end of the e-car subsidy, the Saxon car supplier network AMZ has warned of job losses. With its current economic policy, the federal government is making itself untrustworthy and destroying the automotive industry, criticized network manager Dirk Vogel on Monday. "For years, it has ..
Saxony's skilled crafts sector calls for measures to stabilize the German economy
The Saxon skilled crafts sector fears a prolonged crisis in the German economy and is calling on the federal and state governments to take measures to stabilize the situation.
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 ..
Minister of Agriculture criticizes cancellation of benefits for farmers
Agriculture Minister Wolfram Günther criticizes the planned abolition of benefits for farmers. The traffic light coalition wants to abolish agricultural diesel and motor vehicle tax concessions.
Kretschmer: "Traffic light" agreement lacks a positive spin
The head of the Saxon government, Michael Kretschmer (CDU), believes that the agreement reached by the "traffic light" coalition on the 2024 federal budget is inadequate. "You get the budget together, but everything becomes more expensive. This does not create a positive spin, nothing that leads to ..
Günther: Clarity after agreement on budget
Following the agreement reached by the traffic light coalition on the budget, Saxony's deputy head of government Wolfram Günther (Greens) is now demanding clarity on the impact on the state. "Now there must be clear statements on what the budget agreement means for specific projects, i.e. for the TS ..
Silbermond singer Stefanie Kloß: Don't vote out of protest
The singer of the Bautzen-based band Silbermond, Stefanie Kloss, hopes that next year's state election in Saxony will not turn into a protest vote. "Anyone who has known us for a long time knows where we stand," said singer Stefanie Kloß in an interview with the Sächsische Zeitung (Tuesday). "And I ..
Federal budget freeze has consequences for Saxony
The planned funding for the commercial sector in Saxony was halted due to the federal budget freeze.
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.
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 ..