Founder of bankrupt Schlecker chain ‘ruined’
The insolvency of German drugstore chain Schlecker has also ruined its founder Anton Schlecker, who is said to have lost nearly all of his wealth, according to a his daughter.
Day: January 30, 2012
China’s Sany to buy Putzmeister
Putzmeister, a German family-owned engineering firm, is to being taken over by Chinese construction equipment giant Sany Heavy Industry, the German company said on Monday.
Railway wants free ICE train from Siemens
German railway operator Deutsche Bahn is demanding a free ICE train worth €30 million from Siemens to compensate for delays in delivering the next generation its high-speed rolling stock.
Siberian cold puts deep freeze on Germany
A brutally cold high pressure system from Siberia tightened its icy grip on Germany on Monday, as temperatures were poised to plunge below -20 degrees Celsius later in the week.
Investigations of soldiers deployed abroad surge
The German military is trying to determine why the number of criminal investigations of soldiers on foreign deployments is rising – the number of cases last year surged to the same amount as the years 2002 and 2006 combined.
German firms expect robust exports in 2012
Germany, the world's number two exporter, expects healthy growth in foreign demand for its goods thanks to booming emerging markets and a nascent US recovery, according to a report on Monday.
Electric cars less climate friendly than thought
Germany’s plan to put a million electric cars on the road by 2020 is unlikely to do much for the environment without a dramatic increase in renewable energy, the daily Tageszeitung reported on Monday.
Germany’s top warm winter getaways
Winter can be a dreary time in Germany when the thrill of new snow wears off and the temperatures continue to sink. For that reason, this week’s Local List will be dedicated to the best warming winter getaways.
Art explores discount shopping culture
A shopping trolley immersed in seven tonnes of white sugar, 2,000 vacuum-packed sausages littering the floor and thousands of slices of bread forming little houses are all part of a modern art display exploring Germany's discount shopping culture.
Merkel backs away from Greek budget control
Chancellor Angela Merkel sought Monday to placate critics of a German proposal to put Greece under the supervision of an EU budget tsar, saying Europe must help Athens enact economic reforms.