All entries located in Baden-Württemberg (Germany), newest first. tag:eurotrack.ai,2026:en:en/regions/baden-wuerttemberg 2026-10-01T06:00:00Z Eurotrack tag:eurotrack.ai,2026:8bef731a:en 2026-10-01T06:00:00Z

Wuppertal-based investment holding GESCO signed an agreement on 1 October 2026 to buy all shares in ARKU; the specialist in precision levelling machines, deburring machines and coil lines for sheet-metal processing employs 189 people at sites in Germany, the US and China and expects revenue of more than €50m in 2026. ARKU is consolidated from 1 October 2026 within the Industrial Assets & Infrastructure segment and its management stays on; GESCO therefore raised its 2026 revenue forecast to €525–543m, while the purchase price remains confidential (GESCO EQS ad hoc announcement, 1 Oct 2026). — Sources: https://ariva.de/aktien/gesco-se-aktie/news/eqs-adhoc-gesco-se-erwirbt-arku-maschinenbau-gmbh-und-hebt-12155199 · https://www.ad-hoc-news.de/boerse/news/corporate-news/gesco-se-staerkt-mit-dem-erwerb-der-arku-maschinenbau-gmbh-das-segment/70210190

tag:eurotrack.ai,2026:dca19f74:en 2026-09-20T06:00:00Z

Machine tool maker MAG IAS is giving up its Rottenburg am Neckar production site (CORCOM business unit of the FFG Group, making spindles, rotary tables and tool magazines among others); production is to end on 31 March 2027. Around 85 employees are affected, most of whom are to move to the MYPEGASUS transfer company, with only three design staff remaining. The company cites persistent restraint in customer investment and changed conditions in the automotive industry. Single-source reporting: the figures trace back to Südwest Presse coverage (ms-aktuell.de citing Südwest Presse, 20 Sept 2026). — Source: https://ms-aktuell.de/welt/mag-ias-rottenburg-20-09-2026/

tag:eurotrack.ai,2026:50334d5d:en 2026-09-10T06:00:00Z

United Internet is launching transformation programmes at two subsidiaries: IONOS (Karlsruhe) is to shrink from about 3,800 to 3,350 full-time positions (450 jobs) and 1&1 Versatel (Düsseldorf) from about 1,350 to roughly 1,000 (350 jobs). The cuts are to be delivered mainly through voluntary programmes; one-off costs are about €95m in 2026, with annual savings of around €55m expected afterwards, and at IONOS the money is to be redirected into AI products and cloud expansion. 1&1 lowered its 2026 EBITDA guidance from €800m to €740m because of the special charges (group statement of 10.09.2026 as reported by dpa/t-online, 12.09.2026; ka-news, 14.09.2026). The figures cover the companies as a whole, not only Germany. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101432892/united-internet-800-stellen-bei-1-1-und-ionos-fallen-weg.html

tag:eurotrack.ai,2026:85c01deb:en 2026-09-08T06:00:00Z

As part of an asset-light growth strategy, Heidelberg Materials is acquiring a 70% stake in family-owned Peruvian cement producer Cementos Inka (two grinding plants, 1.3 million tonnes annual capacity, two ready-mix plants near Lima/Pisco). The purchase price was not disclosed; the deal is valued at 6x expected EBITDA. Closing is expected in October 2026, no regulatory approval is required (Finanznachrichten / MarketScreener, 8 Sep 2026). Target is outside continental Europe; the Heidelberg-based acquirer qualifies the deal for inclusion. — Source: https://www.finanznachrichten.de/nachrichten-2026-09/69518932-heidelberg-materials-kauft-70-prozent-an-peruanischer-cementos-inka-015.htm

tag:eurotrack.ai,2026:c6647892:en 2026-09-07T06:00:00Z

The board mill Frischfaser Karton in Baiersbronn (Black Forest), in business for over 75 years and insolvent since June 2026, is ceasing operations entirely in September 2026 after investor talks failed; around 220 employees lose their jobs (reported 7 September 2026). High energy costs and the persistently weak state of the European paper and board industry are cited as causes. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101417476/insolvenz-frischfaser-karton-baiersbronn-stellt-betrieb-im-september-ein.html

tag:eurotrack.ai,2026:2055bdea:en 2026-08-17T06:00:00Z

Single-source report (LTO, German legal/business trade publication, 17 August 2026): US industrial group Madison Air is acquiring German fan and drive specialist ebm-papst (Mulfingen, around EUR 2.24 billion annual revenue, over 13,000 employees) for roughly EUR 4.8 billion. Completion is expected by end of 2026, pending regulatory approvals. Update (17 August 2026): Madison Air confirmed the acquisition in its own press release on 17 August 2026, so the transaction is no longer a single-source report. It states an enterprise purchase price of $5.4bn ($5.0bn net of future tax savings), equal to 14.6x ebm-papst's forecast 2026 adjusted EBITDA of around $343m, or 10x including expected run-rate synergies. ebm-papst (founded 1963 in Mulfingen, operating in around 40 countries) is expected to generate some $2.8bn of revenue in 2026. Completion is expected around year end, subject to the required regulatory approvals (Madison Air, 17 Aug 2026). — Source: https://www.lto.de/recht/kanzleien-unternehmen/k/us-konzern-madison-air-uebernahme-ebm-papst-ventilatoren-milbank

tag:eurotrack.ai,2026:31481c98:en 2026-08-03T06:00:00Z

Corrugated board and carton manufacturer Karl Mayer, based in Haiterbach with further sites in Ottersweier and Altenstein-Spielberg, has filed for insolvency at the Tübingen district court; Sebastian Mielke (Menold Bezler) was appointed preliminary insolvency administrator. Around 110 employees are affected; wages and salaries are covered by insolvency benefit for three months. The company says operations continue without restriction while an investor is sought to carry on the restructuring. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101370682/karton-hersteller-aus-deutschland-meldet-insolvenz-an.html

tag:eurotrack.ai,2026:31be62f9:en 2026-07-30T06:00:00Z

Amazon is investing more than €300 m to convert its Pforzheim logistics site in the Buchbusch industrial estate into a robotics fulfilment centre. More than 1,000 additional jobs are to be created by the end of 2029, roughly doubling the workforce to over 2,000. Small and medium-sized items will in future be picked with the help of flat transport robots that drive entire shelving units to the workstations. Second source: Pforzheimer Zeitung, 30 July 2026 (paywalled). — Source: https://de.euronews.com/my-europe/2026/07/30/amazon-investiert-300-millionen-euro-pforzheim

tag:eurotrack.ai,2026:3f2d060f:en 2026-07-27T06:00:00Z

On 27 July 2026 the Executive Board and General Works Council of Porsche AG — together with IG Metall and the Suedwestmetall employers' association — agreed on a 'Future Package'. Porsche thereby officially confirms for the first time the figures that were still only reporting in the 22 July entry: a further 5,000 jobs will go by 2035, according to the press release in a socially responsible way and largely through natural attrition, demographic effects, an expanded partial-retirement programme and voluntary severance agreements. In return Porsche extends employment and site protection until 2035 and plans to invest a cumulative 2.1 billion euros in the Zuffenhausen and Weissach sites. The package is the basis for the 'Sportwagenschmiede 35' strategy, which is to be presented in detail at a Capital Markets Day in October. Update (21 Sept 2026), single-source reporting: According to a Handelsblatt report, the Volkswagen Group is considering reducing headcount in the "Sport Luxury" brand group (which includes Porsche) by around 4,100 staff — on top of the agreements already in place. The figures reportedly come from documents on a VW supervisory board resolution of early September; a cut of 4,100 Porsche jobs is therefore explicitly not yet decided. The figure is accordingly not recorded here as an affected-employee count (Handelsblatt via Das Verbraucherschutzforum, 20 Sept 2026). Update (21 September 2026): Porsche CEO Michael Leiters rejected the Handelsblatt report in an internal message seen by Reuters — no further 4,000 jobs are to go, and the total remains 5,000 by 2035. He confirmed the full-year guidance (€35–36bn revenue, 5.5–7.5% operating margin); the capital markets day is set for 7 October 2026 (Reuters via onvista, 21 September 2026). Update (7 Oct 2026): At its Capital Markets Day Porsche put the socially responsible job reduction agreed with employee representatives at around 9,000 positions, combined with job security for the core workforce until 2035; in the medium term the workforce in direct and indirect areas is to shrink by 25% (strategic target 30%) and management positions by around 40%. The release does not say whether the 9,000 positions include the reduction steps agreed earlier. Cellforce (development and production), Porsche eBike Performance and Cetitec are to be shut down, and the sale of MHP to Tata Consultancy Services has been signed (Porsche Newsroom, 7 Oct 2026). — Sources: https://newsroom.porsche.com/en/2026/company/porsche-executive-board-general-works-council-future-package-42938.html · https://newsroom.porsche.com/de/2026/unternehmen/porsche-capital-markets-day-strategie-sportwagenschmiede-35-43418.html

tag:eurotrack.ai,2026:9aea940b:en 2026-07-24T06:00:00Z

Battery manufacturer Varta AG filed for insolvency under self-administration at the Stuttgart local court on Friday 24 July 2026; the court appointed Stuttgart lawyer Tobias Wahl (Anchor law firm) as preliminary trustee. According to the company the filing is not due to acute illiquidity in ongoing operations but is intended to secure continuation of the business; the household battery business is not covered by the proceedings. The background is falling demand and losses following the loss of a major Apple contract. No job-cut figures were given initially. Update (28 July 2026): VARTA AG and VARTA Microbattery GmbH have moved from the requested self-administration into regular preliminary insolvency proceedings; Tobias Wahl was accordingly appointed preliminary insolvency administrator instead of preliminary custodian. VARTA Storage GmbH and VARTA Micro Production GmbH were already in regular proceedings, and VARTA Consumer Batteries has not filed for insolvency. The company explains the step as reducing complexity given the close intra-group interconnections; business operations continue without restrictions and preserving jobs remains central. The announcement gives no figures for job cuts. Update (11 September 2026): On 11 September 2026 the Stuttgart local court imposed a general disposal ban on VARTA Aktiengesellschaft, VARTA Microbattery GmbH, VARTA Micro Production GmbH and VARTA Storage GmbH. Full authority to manage and dispose of the assets thereby passed to provisional insolvency administrator Tobias Wahl — a marked tightening compared with the previous protective measures (Verbraucherschutzforum Berlin, 11 Sep 2026). Update (01.10.2026): The Stuttgart local court opened insolvency proceedings for VARTA AG, VARTA Microbattery GmbH, VARTA Storage GmbH and VARTA Micro Production GmbH, with Tobias Wahl as insolvency administrator. Around 2,300 people work at the four companies. Wahl expects an investor solution in the coming months, with both financial and industrial investors in the frame; the previously decided closure of button-cell production in Nördlingen, with around 350 jobs, is going ahead (Aktien.news, 1 Oct 2026). — Sources: https://www.handelsblatt.com/unternehmen/industrie/batteriehersteller-varta-beantragt-insolvenz-konzern-vor-der-zerschlagung/100242696.html · https://www.aktien.news/insolvenzverfahren-fur-vier-varta-gesellschaften-offiziell-eroffnet

tag:eurotrack.ai,2026:b1f5cbe0:en 2026-07-24T06:00:00Z

South-west German fashion chain "Yeans Halle" (Trender Jeansmode GmbH & Co. Sportswear Großhandels-KG) filed for insolvency under self-administration on 24 July 2026 — its second filing in roughly 18 months; Steffen Beck was appointed restructuring managing director. The filing affects 13 stores with around 200 employees, including in Stuttgart, Sindelfingen, Ulm, Augsburg and Karlsruhe. The company cites weak consumer demand, rising costs and a 2025 cyberattack; the first set of proceedings had concluded in December 2024. Stores remain open during the proceedings — no closures or layoffs have been announced so far. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101358290/yeans-halle-modekette-aus-dem-suedwesten-ist-erneut-insolvent.html

tag:eurotrack.ai,2026:090ae4e4:en 2026-07-22T06:00:00Z

Reported (Manager Magazin/Bild, 22 July 2026): Porsche CEO Michael Leiters plans to double the current savings programme and cut an additional 5,000 to 6,000 jobs by 2035 — on top of the roughly 3,900–4,000 already announced. In return, employment protection for the remaining workforce until 2035 is said to be under discussion; no agreement with the works council and IG Metall has been reached yet, and Porsche declined to comment officially. At the end of 2025 Porsche employed around 42,000 people worldwide. Several independent outlets (including Reuters syndications and onvista) picked up the report. Update (23 July 2026): The supervisory board approved a new 'future package' on 22 July. Across all rounds the cuts add up to nearly 9,000 positions according to media reports (heise, Reuters, Bild, Manager Magazin) — around 3,900 from the programme already under way, some 2,000 expired fixed-term contracts, plus the new 5,000–6,000 by 2035. The Weissach development centre is to cut capacity by about 30%; three subsidiaries will also be closed: Cellforce Group (battery cells, around 50 employees), Porsche eBike Performance (around 350) and Cetitec (software, around 90). In return, employment protection is to be extended from 2030 to 2035. Porsche did not officially confirm the specific figures, describing them as 'final steps' still to be agreed — the numbers therefore remain reporting rather than confirmation. — Note: this reported plan was officially confirmed on 27 July 2026 by the agreement between the executive board and the general works council (5,000 jobs by 2035). The figure is therefore no longer recorded here, so that the same jobs are counted only once in the key figures; the entry of 27 July 2026 is the authoritative one. The additional details documented here (Weissach capacity cut by around 30%, closure of Cellforce Group, Porsche eBike Performance and Cetitec) are retained as evidence. — Source: https://www.onvista.de/news/2026/07-22-bericht-porsche-will-5000-weitere-jobs-streichen-0-20-26534884

tag:eurotrack.ai,2026:647f6eb7:en 2026-07-17T06:00:00Z

SAP has completed the acquisition of Tübingen-based AI startup Prior Labs (pioneer of tabular foundation models), agreed on 4 May 2026. SAP plans to invest more than €1bn over the next four years to build it into a leading frontier AI lab for structured enterprise data; Prior Labs will continue as an independent unit with its own brand and leadership. — Source: https://news.sap.com/2026/07/sap-completes-prior-labs-acquisition/

tag:eurotrack.ai,2026:a04472e4:en 2026-07-16T06:00:00Z

The state of Baden-Württemberg (builder: Vermögen und Bau BW) opened a new roughly 720 m² research and transfer building at Schwäbisch Gmünd University of Education on 16 July (labs, a digital workshop, seminar rooms; timber-frame construction with rooftop and façade PV). State investment €11.7 million, plus around €1.1 million for initial equipment. — Source: https://www.baden-wuerttemberg.de/de/service/presse/pressemitteilung/pid/neubau-fuer-ph-schwaebisch-gmuend-eroeffnet

tag:eurotrack.ai,2026:0fac4b9a:en 2026-07-16T06:00:00Z

On 16 July CrowdStrike (US) signed a definitive agreement to acquire the intellectual property of XM Cyber — a Schwarz Digits (Schwarz Group) company — including attack-path visualisation technology, more than 45 patents and source code; the two also expand their partnership for sovereign cybersecurity in Europe (STACKIT Sovereign Cloud). Financial terms were not disclosed; closing is expected in the second half of 2026, subject to regulatory approvals. Second source: Schwarz Digits. — Source: https://www.crowdstrike.com/en-us/press-releases/crowdstrike-and-schwarz-digits-expand-strategic-partnership-to-deliver-sovereign-cybersecurity-across-europe/

tag:eurotrack.ai,2026:1afe5b5c:en 2026-07-14T06:00:00Z

The final shutdown of the insolvent Aalen-based industrial service provider Aalcon is sealed: 55 of the most recently around 80 employees are losing their jobs, and no wages have been paid for three months. Main client Zeiss SMT had cut its order volume by around 70 percent; no buyer could be found, and after 26 years operations are being discontinued. — Source: https://www.schwaebische.de/regional/ostalb/aalen/das-aus-ist-besiegelt-dutzende-mitarbeiter-verlieren-bei-der-insolvenz-ihren-job-4714584

tag:eurotrack.ai,2026:c155fc5c:en 2026-07-13T06:00:00Z

Magna is closing its mirror plant in Dorfprozelten (Lower Franconia) in mid-2027; 216 employees are affected. The closure comes despite a site guarantee agreed in 2023 running until the end of 2028, which IG Metall calls a breach of trust. Update 16 July: pressure is mounting — CSU state MP Martin Stock called for examining a clawback of state subsidies, and the Catholic Workers' Movement accused Magna of 'breaking its word', urging the Bavarian government to reclaim the funding. Update 17 July: the Bavarian economics ministry has served Magna a formal hearing notice on a possible clawback of the subsidies for the BayTP+ project 'LC mirror glass' — up to €2.3 million was approved, of which around €1.2 million has already been paid out (source: Main-Echo). Update (21 Oct 2026): According to IG Metall, Magna declared the talks on a reconciliation of interests failed and wants to continue at another level; the works council decides on 21.10. whether to call the conciliation committee (drweb.de, 21.10.2026). — Sources: https://www.infranken.de/lk/miltenberg/wortbruch-magna-werk-in-dorfprozelten-schliesst-trotz-standort-zusage-art-6379016 · https://www.drweb.de/magna-dorfprozelten-interessenausgleich-gescheitert/

tag:eurotrack.ai,2026:6ba5ad32:en 2026-07-13T06:00:00Z

The rescue of the insolvent traditional brewery Eichbaum (founded 1679) has failed and operations are being discontinued; all around 240 employees are receiving redundancy notices. Remaining orders will be completed by the end of September, after which the assets, including the operating premises, will be sold. — Source: https://lebensmittelpraxis.de/industrie-aktuell/49295-insolvenz-in-mannheim-rettung-der-insolventen-eichbaum-brauerei-gescheitert.html

tag:eurotrack.ai,2026:2dccbd83:en 2026-07-06T06:00:00Z

According to Handelsblatt, up to 4,000 further jobs are at risk at Porsche, primarily in management, administration and development; at the Weissach development site, around 30 percent of capacity is under review. A comprehensive 'future package' is to be finalised by the end of July. — Note: this is the early reporting stage of exactly the future package Porsche officially confirmed on 27 July 2026 (see the entry of 27 July 2026, 5,000 jobs by 2035). The figure is therefore no longer recorded here, so that the same jobs are counted only once in the key figures; the official entry of 27 July 2026 is the authoritative one. — Source: https://www.heise.de/news/Porsche-Weitere-4000-Stellen-stehen-zur-Disposition-11354346.html

tag:eurotrack.ai,2026:2d8dd361:en 2026-07-01T06:00:00Z

DB has put an extra container depot area of about 38,000 m² into service at Ulm-Dornstadt, built in just under nine months. It provides storage for loaded and empty containers for combined transport and, according to DB, is already used by many shipping lines and hauliers. The capacity of the adjacent transshipment terminal is due to more than double by 2028; the investment amount is not given (LOK Report, 1 Jul 2026). — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-neue-containerflaeche-staerkt-logistikstandort-ulm-dornstadt.html

tag:eurotrack.ai,2026:f04b8fee:en 2026-06-14T06:00:00Z

Westfrankenbahn reopened the rebuilt passing station at Markelsheim on the Tauber Valley line on 14 June 2026 after the line closure. It now has a new electronic interlocking controlled from the Niederstetten control centre and offers step-free access. Westfrankenbahn is investing over EUR 45 million in its network this year, of which EUR 11 million goes to Satteldorf and Markelsheim; a new timetable with longer journey times applies on the southern Tauber Valley line (LOK Report, 16 Jun 2026). — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-westfrankenbahn-nimmt-modernisierten-bahnhof-markelsheim-mit-estw-in-betrieb.html

tag:eurotrack.ai,2026:1082c76c:en 2026-06-14T06:00:00Z

The roughly 23 km line between Calw and Weil der Stadt (part of the Württemberg Black Forest Railway) reopened for passenger service on 1 February 2026 as the "Hermann-Hesse-Bahn" (operator SWEG, line RB76). Reactivation investment was put at about EUR 50 million; services currently run with diesel railcars. An extension to Renningen is planned for summer 2026. Update (2 Feb 2026): The opening was celebrated on 31 January 2026 and regular service between Calw and Weil der Stadt began on 1 February 2026, mostly hourly from about 05:30 to 18:20. SWEG runs Siemens Mobility Mireo Plus B battery-electric trains rather than diesel railcars. A half-hourly Monday-to-Friday timetable is planned from April 2026, and the Weil der Stadt–Renningen section is due to open in June 2026 (LOK Report, 2 Feb 2026). Update (15 Jun 2026): Since 14 June 2026 trains have run through from Calw via Weil der Stadt to Renningen, every 30 minutes on weekdays (except at peak times, when they terminate at Weil der Stadt because of path conflicts with the S62). This required a new platform on track 4 at Renningen and additional block signals; acceptance runs took place on 13 June 2026. The project body puts the cost of the reactivation at about EUR 240 million and cites around 25,000 passengers a month; after faults in the bat-deterrent technology, trains have again run at normal speed since 5 September 2026 (LOK Report, 15 Jun 2026). — Sources: https://en.wikipedia.org/wiki/Black_Forest_Railway_(W%C3%BCrttemberg) · https://www.lok-report.de/news/deutschland/aus-den-laendern/64862-baden-wuerttemberg-hermann-hesse-bahn-geht-in-betrieb.html · https://www.sweg.de/fileadmin/user_upload/pdf/pressemitteilungen/2026-01-31-pressemitteilung-landkreis-calw-sweg-eroeffnung-hermann-hesse-bahn.pdf · https://www.lok-report.de/news/deutschland/aus-den-laendern/64826-baden-wuerttemberg-eroeffnung-der-hermann-hesse-bahn.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-hermann-hesse-bahn-jetzt-durchgehend-bis-renningen-halbstundentakt-auf-der-gesamten-strecke.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-regionenbahn-fuehrt-erfolgreiche-abnahmefahrten-fuer-neue-infrastruktur-der-hermann-hesse-bahn-in-renningen-durch.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-hermann-hesse-bahn-halbstundentakt-ab-sonntag.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-hermann-hesse-bahn-faehrt-ab-5-9-wieder-mit-voller-geschwindigkeit.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-vcd-laedt-ein-zum-vortrag-erfolgreiche-reaktivierung-der-bahnlinie-calw-weil-der-stadt.html

tag:eurotrack.ai,2026:30add353:en 2026-06-10T06:00:00Z

The British retail group Frasers Group (already a major shareholder) announced a cash tender offer to Hugo Boss shareholders at €38.00 per share on 10 June 2026. Update 9 Jul 2026: Hugo Boss's management and supervisory boards unanimously rejected the €38-per-share offer as inadequate; the acceptance period continues. Follow-up: on 22 July 2026 Frasers raised its stake to 30.28% by buying 2.55m shares, crossing the 30% threshold of the German takeover act — the voluntary offer effectively becomes a mandatory offer, the price stays at €38 per share with the deadline of 27 July; the management board maintains its recommendation to reject. Follow-up 27 July 2026: the European Commission granted merger control clearance for the takeover, satisfying the last regulatory condition and making the offer unconditional. The acceptance period therefore runs until 13 August 2026. The offer values the outstanding shares at around €1.93bn and the group at just under €2.7bn; the management and supervisory boards maintain their recommendation to reject it. Follow-up 31 July 2026: only around 7.30% of Hugo Boss shares were tendered during the initial acceptance period. Together with its existing holding this brings Frasers to roughly 37.6%; the additional acceptance period runs from 31 July to 13 August 2026. Update (16 Sep 2026): On 15 Sep 2026 the supervisory board elected Frasers CEO Michael Murray as its new chairman, succeeding Stephan Sturm, who had resigned; Frasers now holds two seats on the board (FashionUnited, 16 Sep 2026: https://fashionunited.de/nachrichten/personen/hugo-boss-frasers-ceo-michael-murray-ist-neuer-aufsichtsratsvorsitzender/2026091668536). Update (23 October 2026): after a €7.6m purchase Frasers now holds 50.8% of Hugo Boss and has an interest in up to a further 21.87% through sold put options; Hugo Boss thus becomes a subsidiary consolidated by Frasers (AJ Bell, 23 October 2026). — Sources: https://www.eurex.com/ex-de/rules-regs-de/kapitalmassnahmen/kapitalmassnahme-informationen/Hugo-Boss-AG-Cash-Takeover-update-on-15-Jun-2026-5322282 · https://www.ajbell.co.uk/news/articles/frasers-surpasses-50-stake-hugo-boss-after-eur76-million-purchase

tag:eurotrack.ai,2026:fa943a1d:en 2026-05-30T06:00:00Z

The freight wagon workshop in Offenburg shut at the end of May 2026, with the last working day for its 30 employees falling at the month-end. It serviced locomotives as well as wagons belonging to major customers such as Mercedes and Badische Stahlwerke. In August 2025 the GDL union had criticised planned job cuts at DB Regio that were to hit ten outlying sites, Offenburg among them (LOK Report, 30 May 2026). — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/baden-wuerttemberg-gueterwagenwerkstatt-offenburg-schliesst-dieses-wochenende.html

tag:eurotrack.ai,2026:0575706d:en 2026-05-08T06:00:00Z

The family-owned company is cutting around 1,300 of 8,200 jobs in Germany, almost one in six. Globally, €200 mn per year is to be saved; the CEO ruled out site closures in Germany. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101247344/stellenabbau-bei-festo-firma-will-in-deutschland-1300-stellen-streichen.html

tag:eurotrack.ai,2026:dd5a8803:en 2026-05-06T06:00:00Z

The precision-tool manufacturer is cutting around 300 jobs at its main plant in Albstadt and in Sigmaringen-Laiz, about 10-15 percent of the workforce there. The reasons are the automotive slump, trade barriers and the shift to e-mobility. — Source: https://www.rtf1.de/news.php?id=42631

tag:eurotrack.ai,2026:c8f1ebcb:en 2026-03-31T06:00:00Z

The B 10 Rosenstein tunnel beneath Rosenstein Park near the Wilhelma zoo has been open to traffic since 26 March 2022; the adjacent Leuze junction links the B 10 and B 14 federal roads and carries around 120,000 vehicles daily. According to Stuttgarter Zeitung and Stuttgarter Nachrichten (autumn 2025), the roughly €500 million overall project is due for final completion in spring 2026, after costs rose from an original 2010 estimate of about €193.5 million to €495.5 million most recently (March 2025). — Source: https://de.wikipedia.org/wiki/Rosensteintunnel_(B_10)

tag:eurotrack.ai,2026:65388f5c:en 2026-02-27T06:00:00Z

Rolls-Royce Power Systems says it raised adjusted revenue by 19% to EUR 5.72 billion in 2025 and is putting a high three-digit million amount into plants, technology and innovation around the world, more than ever before. At the Friedrichshafen site the company is restructuring the existing plants 1 and 2 and building an additional plant that will also take over assembly of the series 4000 from 2028; military production is growing through additional test stands, special machines and modernised logistics, and investment also goes into Magdeburg and Ruhstorf. In the USA the Aiken (South Carolina) site is growing, and in Mankato (Minnesota) more than 23,000 m² of production space is added. About 700 new employees joined in 2025 and more than 1,000 positions are to be filled in 2026; the drivers are data centres and defence (a large order for more than 300 Leopard 2 engines). (LOK Report, 27 Feb 2026; second source: Rolls-Royce Power Systems, 2 Mar 2026) — Sources: https://www.lok-report.de/news/deutschland/industrie/65472-rolls-royce-power-systems-starkes-ergebnis-und-rekordinvestitionen.html · https://www.rolls-royce.com/country-sites/deutschland/nachrichten-und-geschichten/nachrichten/2026/pr-02-03-2026.aspx

tag:eurotrack.ai,2026:69006642:en 2026-01-27T06:00:00Z

The Neckarsulm site will definitively be closed, and around 100 employees will lose their jobs. In total, up to 30% of PSW's 1,000 jobs were to be cut. Reason: intensified competitive pressure, difficult economic conditions, and a reorganisation of the business divisions by Audi. PSW develops concepts for vehicle construction and is significantly involved in car development at Audi. The headquarters near Ingolstadt will be retained. Months of protests (November 2025, January 2026) were unsuccessful. Employees will receive severance or can transfer to the headquarters. — Source: https://www.swr.de/swraktuell/baden-wuerttemberg/heilbronn/psw-schliessung-fix-neckarsulm-ig-metall-audi-mitarbeiter-100.html

tag:eurotrack.ai,2026:9c0f76b9:en 2026-01-12T06:00:00Z

Bernina is examining the relocation of parts of production from its main plant in Steckborn to its own factory in Thailand. A maximum of 40 jobs are affected in Switzerland, primarily in sewing-machine assembly and mechanical parts manufacturing. Reason: the US tariff shock (39%), the strong franc against the dollar, a weak 2025 financial year. Bernina generates 73% of its revenue in the USA (70% of that from sewing machines). A consultation process is under way, with a decision on 11 February 2026. At the Steckborn site (334 employees), administration, development, prototype construction, assembly of the top-of-the-range model 990, and the logistics centre will remain. Update (19 February 2026): After the consultation, Bernina decided to move its last Swiss production to Thailand; 27 rather than up to 40 employees are affected and a social plan applies. (Agenzia ICE citing awp/ats, 19 February 2026) — Sources: https://www.tagesanzeiger.ch/bernina-prueft-stellenabbau-40-jobs-sind-bedoht-843665272439 · https://www.ice.it/it/news/notizie-dal-mondo/299873

tag:eurotrack.ai,2026:b5b3f494:en 2025-12-18T06:00:00Z

The State of Baden-Württemberg, the city of Pforzheim and the Enzkreis district have joined the KVV as shareholders, merging the area of the Pforzheim-Enzkreis transport association (VPE) into it; the accession was notarised on 18 December 2025 and the new structure started work with the supervisory board meeting on 20 January 2026. The association now covers almost 2 million people over more than 4,000 km2; a single fare system is currently planned for December 2026 (LOK Report, 21 Jan 2026). — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/64591-baden-wuerttemberg-kvv-waechst-ein-nahverkehrsraum-fuer-knapp-2-millionen-menschen-von-der-pfalz-bis-vor-die-tore-stuttgarts.html

tag:eurotrack.ai,2026:ecc4a003:en 2025-12-15T06:00:00Z

The Ammertal railway (Herrenberg–Tübingen) and Ermstal railway (Tübingen/Metzingen–Bad Urach) were electrified between 2019 and 2022 as part of the Neckar-Alb regional light rail project (15 kV 16.7 Hz AC). Because the signaling technology was not yet ready, trains initially ran only hourly; continuous 30-minute service became possible only once the new electronic interlockings in Metzingen and Dettingen-Gsaidt went into operation with the December 2025 timetable change. Module 1 of the overall project had an investment volume of about EUR 122 million for electrification and upgrade of both lines. — Source: https://de.wikipedia.org/wiki/Regional-Stadtbahn_Neckar-Alb

tag:eurotrack.ai,2026:0168c8ae:en 2025-12-14T06:00:00Z

The Müllheim–Auggen section (PFA 9.0) is part of the four-track expansion of the Rhine Valley Railway between Karlsruhe and Basel (approx. 200 km overall route). According to the official project website, trains have been running between Müllheim and Auggen on the new tracks since December 2025. The wider section 9 (Müllheim–Basel) spans about 31.2 km, comprises 4 planning approval sections and 7 stations, and includes the 9.3 km Katzenberg tunnel, in operation since 2012. — Source: https://www.karlsruhe-basel.de/streckenabschnitt_9.html

tag:eurotrack.ai,2026:5d3536c9:en 2025-12-14T06:00:00Z

The roughly 6-kilometer section between Müllheim and Auggen entered scheduled four-track operation with the December 14, 2025 timetable change. Two new long-distance tracks rated for speeds up to 250 km/h relieve the existing Rhine Valley Railway; over the roughly six-year construction period, twelve bridges were newly built and nearly eight kilometers of noise barriers installed. The section is part of the overall approximately EUR 14.2 billion upgrade program for the Rhine Valley Railway between Karlsruhe and Basel. — Source: https://www.deutschebahn.com/de/presse/pressestart_zentrales_uebersicht/Mehr-Tempo-und-Stabilitaet-Neubaustrecke-Muellheim-Auggen-geht-puenktlich-in-Betrieb--13700846

tag:eurotrack.ai,2026:dc0235ef:en 2025-12-02T06:00:00Z

Together with the state and the municipality of Murrhardt, Deutsche Bahn put the platforms at four Murr Valley line stations, each now 220 metres long, into service on 2 December 2025. Longer trains can now stop there; guidance systems for blind passengers were extended and shelters replaced, at a total cost of about EUR 13.8 million. The lifts at Sulzbach are due to be renewed in the first quarter of 2026 (LOK Report, 2 Dec 2025). — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/63520-baden-wuerttemberg-laengere-bahnsteige-an-vier-murrbahn-bahnhoefen.html

tag:eurotrack.ai,2026:8c982d4d:en 2025-11-24T06:00:00Z

18 bus-driver jobs are to be cut to save around €2 mn/year. Bus routes are being thinned out (e.g. Rebland: only 2 instead of 3 buses/hour). Socially responsible, with no compulsory redundancies planned. The final decision will be made in the municipal council on 15 December 2025. — Source: https://www.swr.de/swraktuell/baden-wuerttemberg/karlsruhe/baden-baden-will-buslinien-einsparen-100.html

tag:eurotrack.ai,2026:9ed4d7d1:en 2025-11-15T06:00:00Z

Thousands of layoffs in the Stuttgart automotive and supplier industry (Bosch, Porsche, Daimler) are placing a considerable burden on the regional real estate market. — Source: https://www.focus.de/immobilien/bosch-porsche-daimler-wie-tausende-entlassungen-den-stuttgarter-immobilienmarkt-erschuettern_67161fb2-f77a-49c7-ac98-9ba48c7b0a6a.html

tag:eurotrack.ai,2026:70a74559:en 2025-10-23T06:00:00Z

Theresienkrankenhaus will be completely closed by the end of 2027 and relocated to the Diakonissen-Krankenhaus (Diako). Up to 350 employees will lose their jobs, with redundancies confirmed. Vascular surgery, ENT and urology are already closing at the end of 2025; pneumology follows in 2026. Reason: rising material/operating costs, digitalization costs, and a lack of funding compared with municipal hospitals. Originally planned for 2029, now accelerated. Around 29,000 inpatients and 59,000 outpatients annually across both sites. Update (1 July 2026): The hospital's closure has been completed — inpatients were moved to the Diako on 28 and 30 June 2026, the emergency department closed on 30 June 2026, and since 1 July 2026 the Brüderklinikum Julia Lanz has concentrated its wards and emergency care at the Diako site. Outpatient services such as a dialysis practice and an emergency-doctor base remain at the Theresienkrankenhaus (City of Mannheim, 15 June 2026). — Source: https://www.swr.de/swraktuell/baden-wuerttemberg/mannheim/theresienkrankenhaus-abteilungen-werden-geschlossen-100.html

tag:eurotrack.ai,2026:f1c65480:en 2025-10-22T06:00:00Z

The Karlsruhe-based BBBank announces the merger with PSD Bank Hessen-Thüringen retroactive to 1 January 2026. It had previously already acquired PSD Bank Berlin-Brandenburg and is thereby significantly expanding its presence in the PSD segment. Update (13 June 2026): BBBank's representative assembly (100%) and the general assembly of PSD Bank Hessen-Thüringen (97%) approved the merger; staff were given a job guarantee until the end of 2034. Evidence of legal completion is not yet available (BBBank, 13 June 2026). Update (13.09.2026): The merger has been completed — BBBank and PSD Bank Hessen-Thüringen combined their IT systems from 11 to 13.09.2026, with the changed contact details and services applying from 14.09.2026; legally, the merger takes effect retroactively from 01.01.2026 (BBBank merger information: https://www.bbbank.de/meine-bbbank/fusion/hinweise-zur-fusion.html). — Source: https://finanz-szene.de/banking/bb-bank-uebernimmt-zweite-psd-bank-folgt-bald-schon-die-dritte/

tag:eurotrack.ai,2026:511e2277:en 2025-10-01T06:00:00Z

ZF Group is cutting around 7,600 jobs in the electrified drive technology area by 2030, in order to respond to falling demand and the technological shift in the powertrain. — Source: https://www.reuters.com/world/europe/germanys-zf-group-cut-7600-jobs-powertrain-unit-2030-2025-10-01/

tag:eurotrack.ai,2026:00799c28:en 2024-12-15T06:00:00Z

Deutsche Bahn expanded the roughly 6 km Gäubahn section between Horb am Neckar and Neckarhausen to double track and built the new ESTW-A Horb electronic interlocking; the project (client DB Netz AG, approx. EUR 19 million, construction Sept 2021–March 2024, delivered by a joint venture of Eiffage Infra-Süd and Salcef Bau GmbH) is part of the "Digital Node Stuttgart" program. Weather- and staffing-related delays meant the line initially reopened single-track on 28 March 2024, with full double-track commissioning planned for the 15 December 2024 timetable change. — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/47673-baden-wuerttemberg-zweigleisiger-ausbau-horb-neckarhausen-zunaechst-nur-eingleisig.html

tag:eurotrack.ai,2026:2d269335:en 2022-12-11T06:00:00Z

The 59.6 km new line between Wendlingen am Neckar and Ulm crosses the Swabian Alb (about 30.2 km, or 50.7%, in tunnels) and allows speeds up to 250 km/h. It entered regular service on 11 December 2022 (ceremonial opening on 9 December 2022) as part of the larger Stuttgart–Ulm rail project. Total costs rose from an original 2009 budget of EUR 2.025 billion to a final EUR 3.99 billion. — Source: https://de.wikipedia.org/wiki/Neubaustrecke_Wendlingen%E2%80%93Ulm

tag:eurotrack.ai,2026:1efbdf12:en 2021-12-12T06:00:00Z

The Karlsruhe Combined Solution comprises a light-rail tunnel under the city centre (east-west tunnel 2.5 km, southern branch 0.9 km) plus a separate road tunnel beneath Kriegsstraße, freeing Kaiserstraße from tram traffic. The light-rail tunnel entered service with the timetable change on 12 December 2021 (ceremonial opening 11 December 2021); the road tunnel followed on 19 October 2022. Total project costs rose from an original 2002 estimate of EUR 530 million to roughly EUR 1.5 billion (as of 2020). — Source: https://de.wikipedia.org/wiki/Kombil%C3%B6sung_(Karlsruhe)

tag:eurotrack.ai,2026:bb84f21a:en 2021-12-12T06:00:00Z

The roughly 126 km Südbahn line between Ulm, Friedrichshafen and Lindau-Aeschach was converted from diesel to electric operation after four years of construction (2018–2021), going into service with the timetable change on 12 December 2021. Work included around 4,000 catenary masts, 253 km of overhead wire, a converter station at Niederbiegen, and several bridge and signal-box rebuilds. Total costs of about EUR 370 million were shared by the federal and state governments; regional express trains now run on a denser half-hourly schedule. — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/item/29558-baden-wuerttemberg-elektrifizierung-der-suedbahn-puenktlich-abgeschlossen.html

tag:eurotrack.ai,2026:35b8ff46:en 2021-11-14T06:00:00Z

On 14 November 2021 the newly electrified, roughly 19 km Elztalbahn line (Denzlingen–Waldkirch–Elzach) went into service, with a new 23 km overhead line carried by about 320 masts. It was the final piece of the "Breisgau S-Bahn 2020" project in the Freiburg region; the federal government, the State of Baden-Württemberg and the Zweckverband Regio-Nahverkehr Freiburg invested roughly EUR 68.5 million. Electric Talent 3 trains have run an expanded timetable on the line since. — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/item/29064-baden-wuerttemberg-elektrifizierte-elztalbahn-in-betrieb.html

tag:eurotrack.ai,2026:1060374c:en 2021-08-24T06:00:00Z

The new four-lane B 31 bypass between Immenstaad and Friedrichshafen/Waggershausen is 7.1 kilometers long and routes around the Friedrichshafen districts of Fischbach, Spaltenstein and Schnetzenhausen. Its centerpiece is a 700-meter twin-tube tunnel near Waggershausen along with a 50-meter-wide green bridge serving as a wildlife crossing; the project comprises 13 engineering structures and three interchanges in total. The ceremonial full traffic opening took place on August 24, 2021, after a partial section had already opened on August 5, 2020. — Source: https://www.deges.de/projekte/projekt/b-31-immenstaad-friedrichshafen-waggershausen-2/

tag:eurotrack.ai,2026:653f7454:en 2018-09-30T06:00:00Z

The double-track section of the Neckar-Alb-Bahn (Plochingen–Tübingen railway) between Nürtingen (km 12.4) and Reutlingen Hbf (km 34.7) was equipped with bidirectional track operation (Gleiswechselbetrieb, GWB), allowing both tracks to be used in either direction so train service can continue even when one track is closed for maintenance or disruptions, and faster trains can overtake slower ones. The first construction phase (April 2015 to March 2016) included 26 new signal foundations, 26 signals, 9 insulated joints and 2 provisional crossings; a second phase with additional cable-duct work was planned for 2018. According to Wikipedia, the upgrade is linked to integrating the new Wendlingen–Ulm high-speed line (Stuttgart 21) into the existing line. — Source: https://de.wikipedia.org/wiki/Bahnstrecke_Plochingen%E2%80%93T%C3%BCbingen

tag:eurotrack.ai,2026:ca37d7b8:en 2018-09-10T06:00:00Z

The new 909-metre, double-track railway tunnel between Pforzheim Hauptbahnhof and Ispringen (on the Karlsruhe–Mühlacker–Stuttgart line) went into operation on schedule on 10 September 2018, replacing the more than 150-year-old original tunnel (built 1858–1860), which needed renovation. Construction began in 2015 with an investment of about EUR 100 million, using roughly 18,000 m³ of concrete and 1,600 tonnes of steel for the interior. The old tunnel was subsequently backfilled. — Source: https://vm.baden-wuerttemberg.de/de/service/presse/pressemitteilung/pid/neuer-pforzheimer-bahntunnel-geht-puenktlich-in-betrieb

tag:eurotrack.ai,2026:c8e4d299:en 2017-12-10T06:00:00Z

The third section of Stuttgart's U12 light-rail line connects the former terminus Hallschlag, via the new Bottroper Straße stop, to Aubrücke in Stuttgart-Münster, where it links up with the U14 line. The roughly 1.1 km stretch includes a tunnel of about 500 m descending into the Neckar valley and entered service with the "Netz 2018" timetable change on 9 December 2017; construction ran from 2013 to 2017. The source does not give a separate cost figure for this section. — Source: https://de.wikipedia.org/wiki/Stadtbahn_Stuttgart

tag:eurotrack.ai,2026:68a20301:en 2017-05-24T06:00:00Z

The barrier-free reconstruction of Bietigheim-Bissingen station ran from October 2015 to May 2017: three elevators were installed and the platforms at tracks 3/4 and 9/10 were rebuilt to a height of 76 cm. Costs rose from an initial 2010 estimate of EUR 3.9 million to a final EUR 6 million, as part of a EUR 117 million station-modernization programme across Baden-Württemberg. — Source: https://de.wikipedia.org/wiki/Bahnhof_Bietigheim-Bissingen