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A 22-year-old man has died in a traffic accident on the B183 federal highway. According to the police, the young man was driving towards Bad Düben on Monday evening when he left the road on a left-hand bend. The vehicle swerved to the right and crash ..
Saxony must balance a deficit of around 2.9 billion euros in the new double budget for 2027/2028. "This is the task we are facing," said Finance Minister Christian Piwarz (CDU), speaking of an unprecedented order of magnitude. "We have to reduce our ..
In view of the crisis in the East German chemical industry, employers' associations and trade unions are planning a "Chemical Summit East Germany" next week. Five demands are to be presented to the federal government in Böhlen near Leipzig in order t ..
Two prefabricated buildings have gone under the hammer at auction. A complex in Schönebeck (Salzlandkreis) with 71 apartments from 1988 was sold for 674,000 euros, according to Sächsische Grundstücksauktionen AG. Another residential complex with 25 a ..
In November, the number of insolvencies fell so low for the first time in three and a half years that it was below the level of the same month last year. However, the Leibniz Institute for Economic Research Halle (IWH) reported that this does not yet ..
The US tariffs are affecting individual regions in Saxony, Saxony-Anhalt and Thuringia to varying degrees, according to an analysis by the Ifo Institute. According to the analysis, the negative consequences are strongest in the districts of Zwickau, ..
Coal workers are to be trained for semiconductor production as part of the structural change in Lusatia. Chip manufacturer Globalfoundries (GF) in Dresden and Lausitz Energie Bergbau AG (LEAG) are entering into a cooperation to this end. In a pilot p ..
The number of company insolvencies in Saxony is set to rise again this year, according to an estimate by business information service Creditreform. In 2025, there will probably be 72 insolvencies per 10,000 companies - after 66 in the previous year, ..
Saxony's Finance Minister Christian Piwarz (CDU) expects negotiations for the 2027/2028 double budget to be "more difficult than ever before". "While the forecast expenditure is galloping away, the expected revenue is far from keeping pace. In this s ..
Saxony, which is often referred to as the "car state" by politicians and businesses, is at a critical point in terms of electromobility. In Zwickau, where Volkswagen has been producing exclusively e-models for years, weaker demand, overcapacity and r ..
The industry network HZwo, which specializes in hydrogen technologies, is receiving further financial support. A good 1.8 million euros has been approved as follow-up funding beyond 2025, the Ministry of Economic Affairs announced. This will allow th ..