German wholesale prices slightly up in July 15. August 2007 by Thomas Jannot According to the Federal Statistical Office, the index of German wholesale selling prices was 2.6% up in July 2007 as compared to July 2006 and increased by 0.4% as compared to June 2007. Particularly strong have been the wholesale price increases for corn, seeds and animal feed since July 2006 (+38.9%). The wholesale prices for …
Climate protection in developing countries less expensive 15. August 2007 by Thomas Jannot Germany and other industrialized countries may lower the macro-economic costs caused by climate protection by investing in projects that lower emissions in developing countries. Calculations by the Centre for European Economic Research (ZEW) in Mannheim show that the climate proctection goals of the Kyoto protocol can be reached in a much more cost efficient manner …
High expenditure on IT security in China 15. August 2007 by Thomas Jannot The growing economic power of China brings about big challenges to Chinese companies in terms of IT security. As a consequence Chinese companies plan to spend 19% of their IT budget on measures enhancing IT security. In the USA, however, companies there spend just 12 percent of their IT budget on IT security. These figures …
List of the oldest still operating German companies 14. August 2007 by Thomas Jannot Looking back in the history of the German economy one realizes that beer is a good basis for doing business. Among the 50 oldest still operating German companies more than 80% are breweries. According to the Hoppenstedt business information service provider, the oldest German company was founded 967 years ago in Bavaria. It was called …
German companies not so much esteemed in Germany 14. August 2007 by Thomas Jannot Each year the Reputation Institute in New York and a global research network present a list of companies with the highest standing. The reputation of German companies in Germany is examined by the “RapTrakTM Pulse Germany 2007” study. This study demonstrates how much efforts German companies put in their own good reputation. Just five German …
Computer games market grew by 29 percent 10. August 2007 by Thomas Jannot The market for computer games grew strongly in the first half of 2007. Turnover in the market of paddles and paddle games increased by 29% as compared to the first six months of 2006. These figures were recently communicated by the German Association for Information Technology, Telecommunications and New Media (BITKOM). At the same time …
German exports increased strongly in June 9. August 2007 by Thomas Jannot According to the Federal Statistical Office, in June 2007 Germany exported and imported goods to the value of 82.0 million and 65.5 million Euros respectively. Thus, German exports increased by 11.9% and imports by 9.0% as compared to June 2006. As compared to May 2007 foreign trade figures also improved (adjusted for calendar and season: …
Again less insolvencies in May 9. August 2007 by Thomas Jannot The number of companies going bankrupt once again fell in May this year. This development ,which has been going on for more than two years now, gives rise to optimism. As was recently reported by the Federal Statistical office, there were just 2507 company insolvencies registered by German courts in May 2007 which is 11.7% …
NEG Website Award to be launched soon 9. August 2007 by Thomas Jannot The “Netzwerk Elektronischer Geschäftsverkehr” is going to launch the »NEG Website Award» on August 15th 2007. Winners will be awarded a total prize money of 6000 Euros. Target group of the event, which is sponsored by the Federal Ministry for economic affairs, are small and medium-sized entities (SMEs) from industry, commerce and the service sector. …
Outsourcing wave good for German software developers 9. August 2007 by Thomas Jannot When it comes to outsourcing German IT executives prefer Germany. 88% of German decision makers in the IT field have already co-operated with German software developers. Ready availability, continuity in development and legal security are features of German IT developers which quite often outweigh the cost advantages provided by offshore developers. Even in cases when …