Number of jobs in processing industry increased by 1.9% in September 19. November 2007 by Thomas Jannot At the end of September 2007, German processing companies with at least 50 staff employed almost 5.3 million people. According to the Federal Statistical Office this corresponds to an increase of 98.000 people or 1.9% as compared to September 2006. The number of hours worked, however, fell by 0.4% to 673 million as compared to …
More funds made available to German aircraft industry 19. November 2007 by Thomas Jannot The budget committee of the Lower House of German Parliament recently set the course for more intensive research in the German aircraft industry. Research funds are to be increased by 150 million Euros to a total of 401 million Euros for the period from 2009 to 2013. One objective is to leave the light metal …
Consumer prices up by 2.4% in October 15. November 2007 by Thomas Jannot According to the Federal Statistical Office, the German consumer price index increased by 2.4% in the period from October 2006 to October 2007. As compared to September 2007, consumer prices increased by 0.2% by October this year.
Turnover in the hotel and restaurant industry down by 5.7% in September 15. November 2007 by Thomas Jannot According to the Federal Statistical Office, in September 2007 turnover in the German hotel and restaurant industry was 3.0% and 5.7% lower in nominal and real terms respectively as compared to September last year. Compared to August 2007 turnover fell by 1.8% and 2.0% in nominal and real terms respectively.
Five weaknesses of Chinese companies operating abroad 14. November 2007 by Thomas Jannot The Roland Berger Strategy Consultants have identified five decisive factors which determine the success of Chinese companies operating abroad. In what way may German small and medium-sized entities (SMEs) benefit from this knowledge? Well, everybody who knows these five factors also knows the weaknesses of those Chinese companies which are competitors to German SMEs.
Export generates 200,000 new jobs 13. November 2007 by Thomas Jannot The German economy is benefiting from more and more foreign activities by German companies. This was revealed by the “Going International 2007” survey conducted by the Association of German Chambers of Industry and Commerce (DIHK). As was shown in the survey, the export industry alone generated about 200,000 additional jobs since July 2006. Increasing investment …
Germany fifth most competitive economy worldwide 9. November 2007 by Thomas Jannot According to the recently published “Global Competitiveness Report” by the World Economic Forum in Geneva the competitiveness of the German economy has further increased. From position seven last year Germany has in the meantime risen to the fifth place thereby being four positions and thirteen positions ahead of Great Britain and France respectively.
Exports of ITC services increasing 9. November 2007 by Thomas Jannot Germany has hit a new record high in terms of exporting software and information and telecommunications services. In the first half of 2007 exports increased by 3% to 5.9 billion Euros as compared to the same period in 2006. This was communicated by the German Association for Information Management, Telecommunications and New Media (BITKOM). Since …
Decrease in company insolvencies continues 8. November 2007 by Thomas Jannot According to the Federal Statistical Office, a further decline in company insolvencies was registered by local courts in August 2007. Even though there were insolvency proceedings in 13.985 cases (+1.2% as compared to the same period in 2006), only 2447 of these regarded companies (-12.8% as compared to August 2006).
75 percent of self-employed people use email professionally 7. November 2007 by Thomas Jannot Almost half of all gainfully-employed people in Germany (48%) have a professional email address. However, there are marked differences according to the individual professional groups. Self-employed people are the forerunners in this respect. 76% of these have a professional email address while this percentage is 65% for public servants and 52% for employees. Workers, however, …