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German building company and airport operator Hochtief AG said Thursday its 2009 net income increased 25 percent to euro195 million ($263 million) as the order book for building projects reached an all-time record.
Germany's Daimler AG said Friday it doesn't plan to exercise an option to sell its sizable stake in aerospace and defense contractor EADS N.V.
German salt and fertilizer company Kali+Salz AG said Thursday that its fourth-quarter net income plunged 93 percent to euro16 million ($22 million) as the downturn significantly affected demand in global agricultural markets.
German publisher Axel Springer AG said Wednesday that net income fell 45 percent in 2009 to euro314 million ($427 million), with a drop in demand for newspapers and magazines mitigated only partially by new Internet revenues.
Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets.
German corporate bankruptcies rose in 2009 for the first time in six years, with filings up 15.5 percent on the year in December in the wake of recession, government data showed Tuesday.
Deutsche Boerse AG is changing the way it operates floor trading on the Frankfurt Stock Exchange, introducing specialist traders and the Xetra electronic trading system by March 2012.
General Motors Co. said Tuesday it would more than triple its funding for the turnaround of European units Opel and Vauxhall to euro1.9 billion ($2.6 billion).
Far-right German activist Ernst Zundel was freed after serving five years in prison for denying the Holocaust ever happened — something he wouldn't speak about Monday.
German chemical and pharmaceutical company Bayer AG said Friday its net income rose 44 percent in the fourth quarter to euro153 million ($208 million) as cost savings and a pickup in some business offset negative currency effects and charges for the integration of Schering.
German utility RWE AG said Thursday its 2009 net income improved by nearly 40 percent as newly acquired Dutch energy company Essent made its first contribution to earnings.
German medical company Fresenius SE said Wednesday that its fourth quarter net income increased by 32 percent, thanks in part to a strong rise in North American revenue.
German drug maker Merck KGaA said Tuesday it made a net profit in the fourth quarter, compared with a loss a year ago, as revenue rose sharply, but shares in the company slumped on a weak outlook and lowered dividend.
German reinsurance company Munich Re AG will not renew existing business or write any new business with insurance companies in Iran due to the political situation there, a spokesman said Friday.
German bus and truck maker MAN SE lost euro472 million ($642 million) in the fourth quarter of 2009 amid a steep drop in demand due to the economic downturn, the company said Monday.
German carmaker BMW AG said Friday it expects to report a pretax profit for 2009, citing good cost control, despite lower revenue as the downturn cut demand for luxury cars.
Industrial conglomerate Siemens AG says it plans to slash around 2,000 manufacturing jobs in Germany as part of restructuring measures due to lower market demand.
German industrial company Robert Bosch Group reported Wednesday a preliminary 2009 loss of euro1.5 billion ($2.1 billion) as sales fell sharply amid the economic downturn, but said it was optimistic that it would break even in the current year.
German investor confidence dipped for a fourth straight month in January amid expectations that Europe's biggest economy will recover only slowly from recession, a closely watched survey found Tuesday.
German carmaker Daimler AG said Wednesday it will move production of some Mercedes-Benz sedans to its Alabama plant, part of plans to cut manufacturing costs and take advantage of a growing U.S. market for the automaker's luxury vehicles.
General Motors Co.'s top European official said Friday that a plan for Opel to be unveiled next month will include a schedule to lauch new models and a financial break-even target.
Germany's Volkswagen AG on Friday announced plans to invest euro2.3 billion ($3.5 billion) in Brazil and said it hopes to be building a million vehicles a year in the country by 2014.
German business confidence rose for an eighth consecutive month in November as Europe's biggest economy recovered steadily from its worst recession in decades, a leading survey showed Tuesday.
General Motors Co.'s top European official underlined the future importance of Opel's biggest German plant on Wednesday, while reiterating that there likely will be up to 9,500 jobs cut across the continent.
German chipmaker Infineon Technologies AG said Thursday its fourth quarter net income rose sharply from a large loss a year ago as the company saw cost reductions help its results.
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