Following years of drifting, the erstwhile powerhouse of construction is morphing into an industrial-services firm.
The refugee influx, terror fears and increased air travel have fuelled a surge in demand for security services in Germany. The tills are ringing, but the sector is fast running out of manpower.
German construction giant Hochtief, majority-owned by Spain’s ACS, made a surprise offer for toll road manager Abertis in what may be an effort to keep it in Spanish hands.
The digital revolution has reached a long-coddled trade. With “legal tech,” software can replace lawyers on many routine tasks, forcing some in the profession to reconsider their options.
A family firm putting buildings together from standardized prefab components has enjoyed consistent growth through tough times for the sector.
Germany’s roads and bridges are buckling under the weight of ever-increasing traffic. Experts want private-public partnerships to take more of the strain.
Germany’s roads and bridges are buckling under the weight of its ever increasing traffic. Experts want to solve this through bolstering private-public industry partnership.
Last year, German companies registered more patents than any other country except for the United States. But the Chinese are catching up fast, stirring a debate about how to measure innovation.
In Germany, the construction industry is booming. But various structural issues mean that the risk of insolvency still remains high, especially for smaller companies.