A historic train factory in Germany will help build tanks in future as part of a deal between Franco-German arms group KNDS and French railway manufacturer Alstom on Wednesday. KNDS will complete a ...

Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.

French train maker Alstom has agreed to sell its Görlitz plant in Germany to defence equipment maker KNDS, the companies said on Wednesday. KNDS will start using the plant this year to produce ...

Alstom reached a deal to sell its rail factory in the German town of Goerlitz to defense consortium KNDS, which plans to build battle tanks and infantry fighting vehicles. The transformation of the ...

The transformation of the Goerlitz plant, located near the Polish border, into a combat-vehicles plant should be completed in ...

Americans once dreamed of a country that did not care about global greatness or glory. It was within our reach if we had been wise enough to grasp and hold it.

Consumer prices in Germany rose by 2.2% in 2024 on an annual average basis compared with 2023. The Federal Statistical Office (Destatis) reports that the inflation rate in 2024 was therefore markedly ...

“Hope is that any new German government would decide on a longer-term plan for economic reforms and investments,” Brzeski wrote in a note. The troubles facing the German economy are captured ...

Never change a good tradition. As at the start of every year, the German statistical office just released an early estimate of last year’s economic performance, without having any hard data for the ...

German GDP contracts 0.2% in 2024, exports fall 0.8% First back-to-back annual contraction since early 2000s Fall in full-year GDP in line with forecast Fourth quarter's 0.1% fall suggests no ...

According to the Treaty establishing the European Community, the member states of the EU are obliged to avoid excessive government deficits (Article 104). That obligation was confirmed by the European ...