- Germany edition
- Change edition:
- France |
- Norway |
- Spain |
- Sweden |
- Switzerland
Germany top destination for foreign investment
Published: 19 Jan 13 09:57 CET | Print version
Online: http://www.thelocal.de/money/20130119-47423.html
Despite a drop in foreign investment worldwide Germany has managed to attract more overseas money to domestic projects, according to Wirtschaftswoche magazine.
- Police raid suspected leftist extremists (22 May 13)
- Rösler wants dual citizenship for IT talent (22 May 13)
- New in German cinemas: 'Fast & Furious 6' (22 May 13)
Düsseldorf was ranked 13th worldwide on the list of top cities attracting foreign investments with a 256 percent increase, supported by large investments from international telecommunications firms like Vodafone, Ericsson and the Chinese company ZTE.
The data, which compared 2011 levels to 2010, showed a 77 percent increase in foreign investment in Germany resulting from 600 projects that created 26,000 new jobs.
Germany bucked the worldwide trend, where the economic and financial crises made investors much less likely to fund overseas projects. Worldwide foreign investment dropped eight percent in 2011 over the previous year.
Developing countries were hardest hit by the decline, with foreign investment down 21 percent in India, three percent in Brazil, 13 percent in Russia and 15 percent in China. Uncertain economic conditions were behind the decline, the study said.
Germany was able to profit from a trend for foreigners to fund smaller rather than large projects, especially in the consumer sector. Mature markets in which consumers have a strong buying power, as in Germany, were the winners. Foreign investment in the retail and wholesale sector rose by 400 percent, compared to an international increase of 61 percent, the study said.
The Local/mw
What do you think? Leave your comment below.
Spain and Germany fight youth employment
Germany has agreed to provide vocational training and jobs for young Spaniards starved of opportunities in their crisis-hit home country. READ () »
Car boss asks Merkel to rethink CO2 pledge
The president of the German Automobile Association (VDA) has written to Angela Merkel, asking her to retract her pledge to significantly reduce CO2 car emissions by 2025, it was reported on Tuesday. READ () »
SAP to hire hundreds of autistic IT experts
German tech company SAP said on Tuesday it wants to hire hundreds of people with autism to work as software testers and programmers. The search has, it said, begun for people “who think differently from others.” READ () »
Economists warn against German euro exit
While a third of Germans would rather pay with the old Deutsche mark than the euro, economists warn that a German exit from the currency union would result in a disaster. READ () »
Germany cool to France's EU economy plan
Germany said Friday that French President Francois Hollande's proposal for a eurozone economic government was "interesting" but reacted coolly to his call for strengthened European budgetary powers. READ () »
Au pairs rules relax for non-German families
Foreign families will soon be able to officially engage au pairs from outside the European Union, as long as they speak German at home, as the government prepares to change the law. READ () »
Germany refuses to slam French economic policy
Germany will not publicly criticize France over economic policy, German Finance Minister Wolfgang Schäuble insisted on Thursday, amid differences between Berlin and Paris over growth versus austerity in battling the eurozone debt crisis. READ () »
Capri-Sun drink wins false advertising award
A German food industry watchdog singled out drinks-maker Capri-Sun for its annual advertising "award" on Thursday, for what the group described as "shameless" marketing of sugary drinks to children. READ () »
Anaemic economy feels winter chill
The German economy, Europe's biggest, clocked up anaemic growth at the start of 2013 as the freezing winter weather put the brakes on activity, official data showed on Wednesday. READ () »
ThyssenKrupp bins 3,000 admin jobs
German heavy industry giant ThyssenKrupp said on Wednesday it plans to axe 3,000 administrative jobs worldwide as disastrous investments in steel operations overseas tore holes in its balance sheet in the second quarter. READ () »
- 14/05 First ever strike hits Amazon's German unit »
- 14/05 Volkswagen plans giant car plant in China »
- 13/05 Metal workers enter huge warning strikes »
- 13/05 Germany launches new job creation drive »
- 10/05 German giants dazzle Dax »
- 10/05 Netto pioneers mobile phone payments »
- 08/05 Court: gay and straight tax breaks must match »
- 08/05 BMW recalls 22,000 cars over airbag fault »
- 07/05 France tells Germany: we need growth too »
- 07/05 Germany 'lags behind on organic farming' »
See all ads | Join the Marketplace
-
PsyShrink Frankfurt
The Expat Psychologists in Munich, Frankfurt and worldwide -
Weiss Institut
Free yourself from Smoking addictions, Sugar craving and Alcohol addictions -
Chambervelt Rooselain & Cie Ltd.
Insurance and financial planning for English speakers in Germany -
PsyShrink Munich
The Expat Psychologists in Munich, Frankfurt and worldwide -
Shiply Worldwide Ltd
Shiply the Online Transport Market Place -
British Corner Shop
British Corner Shop - The online supermarket for expats
892 jobs available
692 new jobs this week
145 new jobs today
- Payments Specialist (m/f)
- Engineer, Information System Security (m/f)
- IT Technician / Web Developer
- Field Application Engineer / Field Sales Engineer (m/f)
- LED Sales / Marketing (Junior) Manager (m/f)
- Junior Team Assistant / Office Manager (M/F)
- 9914 - Associate Technical Producer
- Foreign Language Assistant (m/f)
- Expert Compensation (m/f)
- Expert Benefits (m/f)
- 22/05 350 jobs lost as Ericsson shuts Swedish factory »
- 22/05 Sweden has 'lower tax burden' than Senegal »
- 21/05 Ericsson probed over suspected bribes »
- 21/05 Warning over 'long-term' Swedish export slump »
- 20/05 'Lean hospital a sign of Swedish welfare reform' »
- 20/05 H&M mulls production in South America and Africa »
- 19/05 Nord Stream plans new gas pipelines »
- 17/05 'Sweden next in line for housing market crash' »
- 17/05 Solna voted best place to live in Sweden »
- 17/05 LinkedIn profile lands Swede with hefty tax bill »
- Food trucks – meals on wheels
Small mobile restaurants are starting to catch on in Germany and they are often far more than your average snack wagons with Currywurst and Pommes. - “Preserve the proven, shape the new” – the International Bach Academy in Stuttgart
For more than thirty years, Helmuth Rilling shaped the international Bach Academy; now he is succeeded by Hans-Christoph Rademann. - ‘Open Mike’ – Fireworks with the Buddha
The Berlin ‘Open Mike’ entered this year its twentieth edition. - On the Stage, the Spoken Word Prevails
In January 2013 the annual meeting of the Dramaturgical Society took place in Munich; its theme: “Speaking on Stage – and about Theatre”... - The Magician of Images – Klaus Ensikat
With the technique of an Old Master and subtle humour, the award-winning graphic designer and illustrator Klaus Ensikat has for fifty years produced ingenious illustrations for literary classics and children’s books....
- Theatre festival between the Saar and the Mosel
The Festival Perspectives in the German-French region around Saarbrücken is staging European theatre, dance and music productions. - The European Year of Citizens
2013 is the European Year of Citizens. - Europe Day, Robert Schuman and Class 4a
Enthusiasm for the idea of Europe – in the 60th European Competition, schoolchildren from Germany show what this could look like. - Relief organizations
The portals presented here provide information on the help programs offered by different organizations.
- Bertelsmann Entrepreneurs Program
- Design Engineer - Turbomachinery
- Design Engineer Aerospace in Toulouse
- Design Feasibility Engineer / Craftsmanship Engineer (m/f)
- HUMAN RESOURCES Graduate Trainee Program BEYOND BORDERS
- Lead Engineer - Combustion Engineering
- Lead Engineer - Product Lifecycle Management
- Lead Stress Engineer - Combustor
- Lead Stress Engineer - Rotor
- Lead Stress Engineer - Structures
- 19/05 Car Boot Sale Herford
- 17/05 paid internship
- 17/05 Florida resident seeks job in baden Baden Germany
- 17/05 Berlin Writing Group
- 17/05 cheap car hire
- 15/05 Queen size bed & frame
- 19:44 30- 40 something women meetup
- 19:40 Lets Meet! 30+ Ladies Meet Up in Frankfurt@Daytime
- 19:37 The current weather in Munich
- 19:28 Cheapest mobile phone service providers
- 19:18 eBay - online auction and shopping website
- 19:16 Help for Dyslexia in School
- 19:06 Any native English speakers in Greifswald
- 19:06 South Africans in Munich
- 19:01 How to find a responsive doctor for chronic pain
- 18:53 Meet 'n' Eat - LE pique-nique français
Start trading shares, equities, forex, etc. No commission on equities; Low min. margins. Apply for a CFDs account now!
'Charming, old, beamed cottage for holiday let in Jesus Pobre, Alicante, Spain
www.littlehouseinspain.com/
Professional and qualified consultancy on all insurance and finance matters in Germany, Telephone: +49 2163 571 1740, Email: bg@albatross-assurance.com
www.albatross-assurance.com
Visiting Berlin anytime soon? Book your hotel in Berlin here.
For home-from-home holiday accommodation, search for a Berlin apartment to rent.
Your comments about this article: