GERMANY > U.S based Zenith Energy is set to acquire a liquid storage terminal facility in Hamburg, Germany from Shell

Shell logo Expected to close in the first half of 2018, Zenith Energy is set to acquire Shell’s liquid storage terminal facility in Hamburg, Germany. However the terms of the transaction has not been disclosed. Located in Germany’s largest seaport which is also the third largest container port in Europe, the 55 hectares terminal asset is located in the Port of Hamburg. More …

GERMANY > Invest Chile, a state agency to promote investment in Chile, opens its European office in Frankfurt, Germany

investchile logo On its drive to attract more foreign investment in clean energy technology, innovation and entrepreneurship, Chile has opened its InvestChile office in Frankfurt, Germany. The objective of this office is to provide services, networks and guidance to potential European investors. Chile main two foreign investments in 2016 sectors were renewable energy and mining. Chile produces two thirds of the solar More …

GERMANY > China based Hawtai Motor, an independently owned automobile brand, focuses in international growth in support for the implementation of The Belt and Road (“B&R”) initiative.

Hawtai motor logo Hawtai Motor, an SUV pioneer in China, is mainly engaged in automobile manufacturing that has a strong financial backing and owes its success to core power technologies. Hawtai Motor has total assets exceeding 48 billion Yuan (approx. US$7.8 billion) and has its business build around traditional and electric vehicles segments, R&D and technology segment, finance segment and smart mobility segment. One of More …

GERMANY > Turkey based Pasabahce opens showroom in Schwanenhöfe, Düsseldorf, Germany

pasabahce_logo_1 Known for products that make a difference, Pasabahce opens a 300 square meter showroom in Schwanenhöfe, Düsseldorf, Germany. This showroom will also serve as a new base for Pasabahce in North Europe and will be displaying products such as the company’s mass produced and handmade products for the retail and hospitality industries, its unique product range within the “Nude” range (global More …

GERMANY > UK Based NSSLGlobal Sets up New Office in Germany

NSSLGlobal_logo NSSLGlobal, a UK based service provider of satellite communications and IT support, has expanded its global footprint by opening a new office in Haren, Germany. The office will be an extension of the Hamburg office and will serve the target German and Dutch customers in the offshore and commercial shipping industries – according to the company. The company believes that More …

GERMANY > London Based Enflux Expands In Europe with a New Berlin Office

Enflux Enflux, a London based technology firm focused on predictive data science and machine learning catering to diverse industries vis-a-vis social media and digital marketing, is slated to expand further in Europe by establishing an office in Berlin, Germany. Currently, Enflux has offices in London (UK), Paris (France) and San Antonio – Texas (USA). Enflux cites “creative mind” as the prime More …

GERMANY > Sweden’s SCA acquires BSN medical for $ 2.88 bn

SCA_company_logo.svg Sweden based SCA acquires BSN medical for €2.74 bn ($ 2.88 bn) on a debt- and cash-free basis. BSN medical develops, manufactures, markets and sells products within wound care, compression therapy and orthopedics. BSN medical has brands such as Leukoplast, Cutimed, JOBST, Delta Cast, Delta Lite and Actimove that sell in 140 different countries with production in 11 countries. BSN More …

GERMANY > US based Ford to invest further $648Mn in its plant in Germany

Ford_Motor_Company_Logo.svg USA based Ford Motors is set to invest €600Mn ($648Mn) in its Vehicle Assembly Operations in Saarlouis, Germany. The investment will help Ford produce the next generation of Ford Focus cars. With this investment, Saarlouis Vehicle Assembly Operation will realize cost efficiency and productivity along with hi-tech manufacturing and energy generation.   About Ford Motor Company   The Ford Motor Company is More …