All entries located in Bavaria (Germany), newest first. tag:eurotrack.ai,2026:en:en/regions/bavaria 2026-10-26T06:00:00Z Eurotrack tag:eurotrack.ai,2026:0bae72f9:en 2026-10-26T06:00:00Z

Mutares has received an irrevocable offer from Quiver for the last-mile platform Stuart (SRT Group), which is headquartered in France and also operates in the UK and Poland. Stuart has about 70 employees and roughly €50m revenue; the price is open and closing is expected in Q4 2026 after employee representatives are informed (Mutares, 26 Oct 2026). — Source: https://mutares.com/mutares-erhalt-unwiderrufliches-angebot-zum-erwerb-der-srt-group-und-ihrer-tochtergesellschaften-von-quiver/

tag:eurotrack.ai,2026:bf477591:en 2026-10-14T06:00:00Z

Report (single source): according to Rzeczpospolita, Portuguese Prime Minister Montenegro said on 14 Oct 2026 that Lufthansa submitted the best offer for 44.9% of airline TAP; the Air France-KLM bid was reportedly 16% lower. After the sale the state would hold 51.1% and employees 5%; the remaining state stake is to be put up for sale by 2028 at the latest. The government expects €2.55bn in total from the privatisation, according to the report; the price for the 44.9% stake is not stated, and contract signing and merger control are still pending (rp.pl, 14/15 Oct 2026). Update (14.10.2026): Following the cabinet meeting, Portugal's government officially announced that Lufthansa will receive 44.9% of TAP; according to Prime Minister Montenegro the bid is 16% higher than the rival's. The transaction brings in €1.201bn in this first phase at a total valuation of €2.552bn, the state keeps 50.1%, and Lufthansa takes over executive and operational management. Regulatory approvals are still required (Euronews, 14 Oct 2026). — Sources: https://www.rp.pl/transport/art45337721-lufthansa-przejmuje-niemal-polowe-portugalskich-linii-tap-panstwo-zarobi-miliardy · https://www.euronews.com/2026/10/14/lufthansa-beats-air-france-klm-to-12bn-stake-in-tap-air-portugal

tag:eurotrack.ai,2026:cd2f4949:en 2026-09-28T06:00:00Z

Bosch plans to cut around 900 jobs by the end of 2029 at its Nuremberg plant, which makes parts for combustion engines and fuel-cell technology — roughly half the workforce. The company cites falling sales and the shrinking share of combustion engines, Chinese competition, production costs above market prices and a European hydrogen market lagging behind expectations; talks with employee representatives are to follow (Stuttgarter Nachrichten, 28.09.2026). — Source: https://www.stuttgarter-nachrichten.de/wirtschaft/jobabbau-bei-zulieferer-bosch-will-die-haelfte-der-stellen-im-werk-nuernberg-streichen-79510666.html

tag:eurotrack.ai,2026:a4f77335:en 2026-09-21T06:00:00Z

Australian radiopharmaceuticals group Telix Pharmaceuticals is acquiring Munich-based ITM Isotope Technologies Munich SE; the upfront consideration is US$1.65 billion on a cash-free/debt-free basis, plus up to US$700 million on achievement of future regulatory approval and commercial sales milestones. After adjustments, ITM shareholders are expected to receive approximately US$1.25 billion in Telix shares at US$11.84 per share, released as Nasdaq ADRs after the respective escrow periods. ITM says it is the world's leading supplier of therapeutic radioisotopes (lutetium-177, actinium-225, terbium-161) and the only producer of globally scaled commercial-grade lutetium-177. (Source: ITM Isotope Technologies Munich SE press release, 21 Sep 2026) Update (30 October 2026): Telix has called its general meeting on the issue of up to 114.2 million upfront consideration shares for 1 December 2026; holders of over 93% of ITM shares have signed the agreement, so the 92.5% condition is met. The end date is 1 January 2027, with an automatic three-month extension if only regulatory approvals are outstanding (Telix, notice of meeting via SEC, 30 October 2026). — Sources: https://www.itm-radiopharma.com/news/press-releases/press-releases-detail/breaking-news-767/ · https://www.sec.gov/Archives/edgar/data/0002007191/000162828026068291/a20261030tlxnoticeofgene.htm

tag:eurotrack.ai,2026:b3359317:en 2026-09-19T06:00:00Z

According to IG Metall Würzburg, around 110 jobs in total are at risk at Schneider Electric Automation GmbH's Marktheidenfeld (Main-Spessart district) and Lahr (Baden-Württemberg) sites; unlike in earlier rounds, engineering and development roles are affected this time as well. Actual production in Marktheidenfeld had already been discontinued around five years ago, and the works council warns that development expertise is being relocated to China and India. Schneider Electric declined to comment on either the details of possible staffing effects or site-specific questions — reported situation based on union figures (infranken.de, 19 Sept 2026). — Source: https://www.infranken.de/lk/main-spessart/schneider-electric-mitarbeiter-in-marktheidenfeld-bangen-um-ihre-jobs-art-6396591

tag:eurotrack.ai,2026:a3afbaae:en 2026-09-18T06:00:00Z

On 18 September 2026 Kneipp opened a new factory building at its Ochsenfurt-Hohestadt headquarters, investing around €65 million in the new build, plant modernisation, automation and digital processes — according to the company the largest single investment in its more than 135-year history. Production floor space doubles from roughly 5,000 to 10,000 m²; Ochsenfurt-Hohestadt is the company's only production site, employs around 430 people and supplies 16 countries in Europe and Asia from there. No figure for newly created jobs was given. (Source: OTS/Kneipp GmbH, 18 Sep 2026) — Source: https://www.ots.at/presseaussendung/OTS_20260918_OTS0099/made-in-germany-kneipp-eroeffnet-neues-werk-am-hauptsitz-in-ochsenfurt-hohestadt

tag:eurotrack.ai,2026:c85da9a3:en 2026-09-17T06:00:00Z

US engine maker and automotive supplier Cummins has confirmed that it has opened a formal information and consultation procedure for its Marktheidenfeld-Altfeld site (Main-Spessart district); according to the IG Metall Würzburg union on 17 September 2026, closure of the entire plant with around 350 jobs is on the table. No date for ending operations has been set, and IG Metall is calling for alternatives to be seriously examined and for investment and employment at the site to be secured. According to the union, just under 500 jobs were already lost at Marktheidenfeld's larger industrial employers between 2019 and 2024 (ad-hoc-news.de and infranken.de citing IG Metall Würzburg, 17/19 Sept 2026). — Source: https://www.ad-hoc-news.de/wirtschaft/cummins-werk-marktheidenfeld-350-arbeitsplaetze-vor-schliessung/70132563

tag:eurotrack.ai,2026:884cbb2a:en 2026-09-01T06:00:00Z

In the insolvency proceedings of Augsburg-based tool maker Eberle (band-saw technology; insolvency filed back in May 2026), employees were told in late August 2026 that about 160 of 250 jobs would be cut (a partial shutdown, roughly 64% of the workforce per union IG Metall). Hessian saw manufacturer WIKUS took over the bimetal production and part of the saw-band business under a purchase agreement dated 4 September 2026, continuing around 75 employees in a new subsidiary at a southern Augsburg site (b4bschwaben, ms-aktuell.de, 1–5 Sep 2026). — Source: https://www.b4bschwaben.de/b4b-nachrichten/augsburg_artikel,-insolvenz-bei-eberle-teilstillegung-grosser-stellenabbau-_arid,275542.html

tag:eurotrack.ai,2026:04eb3253:en 2026-08-26T06:00:00Z

The insolvent operating company GDC Deutschland GmbH (Großostheim) announced on 26 August 2026 that it will cease all operations of the Depot home-decor chain on 30 September 2026 and terminate all employment and lease contracts; the roughly 730 remaining employees are affected. Owner Christian Gries cited insufficiency of the insolvency estate in the self-administration proceedings running since May 2026 and plans to relaunch the brand through a new company with a much smaller store network (Berliner Zeitung, 26 August 2026). Follow-up to 70eb7320 (1 August 2026: 330 staff released) — the 730 are the workforce remaining after that, not double-counted. — Source: https://www.berliner-zeitung.de/article/depot-insolvenz-geschaeftsbetrieb-eingestellt-10336958

tag:eurotrack.ai,2026:0264bf59:en 2026-08-19T06:00:00Z

German reinsurer Munich Re announced on 19 Aug 2026 the acquisition of US cyber insurer At-Bay at an enterprise value of $575 million. At-Bay ranks among the top ten US cyber insurers with $278 million in gross written premiums; closing is expected in Q1 2027 subject to regulatory approvals (Börse Express / Kapitalmarktexperten, 19 Aug 2026). Target is outside continental Europe; the Munich-based acquirer qualifies the deal for inclusion. — Source: https://www.munichre.com/en/company/media-relations/media-information-and-corporate-news/media-information/2026/media-release-2026-08-19.html

tag:eurotrack.ai,2026:61273957:en 2026-08-13T06:00:00Z

On 13 August 2026 the European Commission unconditionally cleared the sale of 51% of Volkswagen subsidiary Everllence (formerly MAN Energy Solutions) to US private equity firm Bain Capital, finding no competition concerns. The previously announced sale values the Augsburg-based company at EUR 7.4 billion. Everllence builds large engines and turbomachinery (marine propulsion among other things), employs around 16,000 people and most recently generated revenue of roughly EUR 4.9 billion. Volkswagen has undertaken to maintain the five German sites at least until 2030, with compulsory redundancies ruled out over that period. Completion of the transaction is still pending. Note: the original announcement of the sale had not previously been recorded in the tracker. — Source: https://www.handelsblatt.com/unternehmen/industrie/volkswagen-eu-gibt-gruenes-licht-fuer-milliarden-deal-von-vw/100247088.html

tag:eurotrack.ai,2026:349d8f07:en 2026-08-11T06:00:00Z

Boehringer Ingelheim announced on 11 August 2026 that it has acquired Swiss biotech company Evax AG. Founded more than a decade ago as a spin-out of the University of Zurich, Evax develops therapeutic vaccines for horses, particularly against allergic skin diseases; the technology uses virus-like particles that prompt the immune system to produce neutralising antibodies. The deal builds on Boehringer's collaboration with, and subsequent 2024 acquisition of, Saiba Animal Health. Financial terms of the transaction were not disclosed. — Source: https://www.biospace.com/press-releases/boehringer-ingelheim-expands-equine-health-pipeline-with-acquisition-of-evax-ag

tag:eurotrack.ai,2026:73dbedf1:en 2026-08-07T06:00:00Z

Follow-on development to the Dutch Accell Group's suspension of payments of 5 August 2026 (separate entry dated 5 August 2026): the German group companies Accell Germany GmbH, Winora Staiger GmbH, Ghost-Bikes GmbH and E. Wiener Bike Parts GmbH each filed for self-administered insolvency proceedings at Schweinfurt district court on 5 August 2026; this became public on 7 August 2026. The aim is an investor solution that separates the German business from the international group — operations continue under provisional self-administration and the Winora, Haibike and Ghost brands are to be carried on. Wages and salaries are secured via insolvency benefit until the end of October 2026; the source does not state the number of employees affected. — Source: https://pedelec-elektro-fahrrad.de/news/eilmeldung-accell-germany-beantragt-eigenverwaltung-winora-haibike-und-ghost-sollen-fortgefuehrt-werden/668239/

tag:eurotrack.ai,2026:70eb7320:en 2026-08-01T06:00:00Z

Insolvent home-decor and furnishings chain Depot (GDC Deutschland GmbH) released around 330 employees effective 1 August 2026 — roughly 220 from its stores and 110 from head office and field sales. Of the 155 remaining locations, 105 are closing; only about 50 stores are to remain alongside online sales and shop-in-shop space. Owner Christian Gries cites higher import tariffs, competition from Asian online platforms such as Temu and Shein, and consumer spending restraint. It is the company's second insolvency in two years: the current self-administration proceeding was filed in May 2026 at Aschaffenburg district court, while the 2024 proceeding had already cost 250 store closures and some 2,000 jobs. Update (26 August 2026): GDC Deutschland will cease operations entirely on 30 September 2026; the remaining roughly 730 employees have been dismissed (separate follow-up entry). — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101370430/insolvenz-bei-deko-kette-depot-muss-weitere-filialen-schliessen.html

tag:eurotrack.ai,2026:1ade95a5:en 2026-07-29T06:00:00Z

On 29 July 2026 BMW unveiled a voluntary severance programme intended to reduce its global workforce by around 8,000 positions. Administration and development functions are affected — production is exempt — with the focus on Munich (the FIZ research and innovation centre, some 25,000 staff), Regensburg, Dingolfing and Leipzig. The programme runs from October 2026 to the end of 2027, costs several hundred million euros and is expected to deliver annual savings of about €1bn from 2028; no compulsory redundancies are planned. BMW cites weaker business in China, intensified competition from Chinese manufacturers and the structural transformation of the industry; the group cut its profit guidance in June 2026. The figure of roughly 8,000 jobs is reported by several independent outlets (Euronews, CNBC/Reuters, Bloomberg). Update (15 Oct 2026): According to a regional report, BMW has paused the severance programme in Germany for now because too many employees want to take part; applications already submitted are still being processed. There is no official confirmation on resumption (reported only; leinetal24.de, 15 Oct 2026). — Sources: https://www.euronews.com/business/2026/07/29/bmw-plans-to-cut-around-8000-jobs-in-major-cost-saving-drive · https://www.leinetal24.de/wirtschaft/bmw-setzt-abfindungsprogramm-aus-zu-viele-wollen-weg-zr-94543107.html

tag:eurotrack.ai,2026:52fd3c0d:en 2026-07-29T06:00:00Z

Long-established electronics mail-order retailer Pollin Electronic filed for insolvency on 29 July 2026. Nuremberg lawyer Joachim Exner was appointed preliminary insolvency administrator and stated that continuing the business is the goal; the online shop and the store in Pförring remain open without restriction for now, and wages are covered by insolvency benefit for about three months. Reports differ on the size of the workforce: several put it at around 140 employees (recorded here), while a single report mentions about 250. The family business traces its roots to 1891, with the electronics arm starting in the early 1970s. — Source: https://www.golem.de/news/geschaeftsbetrieb-laeuft-weiter-elektronikhaendler-pollin-meldet-insolvenz-an-2607-211447.html

tag:eurotrack.ai,2026:aedcaba3:en 2026-07-28T06:00:00Z

Stellantis is selling its entire shareholding in the Free2move car-sharing business to Munich-based investor Mutares; the agreement was announced on 28 July 2026. Free2move runs short- and long-term free-floating car sharing through its own app in 14 cities across Europe and the United States and is one of the most geographically diversified car-sharing platforms. The purchase price was not disclosed; closing is expected by the end of 2026 subject to customary conditions. The sale is part of the Stellantis 'FaSTLAne 2030' plan to shed loss-making non-core businesses; Mutares intends to establish Free2move as a new platform in its mobility portfolio and improve fleet management, electrification and customer experience. — Source: https://mutares.com/en/stellantis-announces-agreement-to-sell-free2moves-car-sharing-business-to-mutares/

tag:eurotrack.ai,2026:3e218c88:en 2026-07-27T06:00:00Z

DHL Group is buying the parcel group Venipak from its founder Nerijus Raudonis; it operates in Lithuania, Latvia and Estonia (and, according to the source, Poland) and is to be integrated into DHL eCommerce. Venipak has about 1,000 employees and 350 independent couriers, about 800 parcel lockers and collection points and 25 logistics terminals; no changes to management or staff are planned. The price is not disclosed and closing is subject to regulatory approvals (LSM English, 28 Jul 2026). — Source: https://eng.lsm.lv/article/economy/business/28.07.2026-german-dhl-to-buy-venipak-in-baltics.a656552/

tag:eurotrack.ai,2026:091c2aa1:en 2026-07-27T06:00:00Z

After filing for insolvency under self-administration and an unsuccessful search for investors, toy manufacturer Franz Schneider GmbH & Co. KG (brand Rolly Toys — pedal tractors, go-karts, sledges) is closing its Neustadt bei Coburg site on 31 December 2026. More than 110 employees will lose their jobs, many of them aged between 50 and 62; management is working on a bonus for staff who stay until the end. Owner Frank Schneider told the 'Fraenkischer Tag' that production in Neustadt could no longer be saved. The company cites energy prices that rose after the start of the war, higher material and purchasing costs, Chinese competition and US tariffs, as well as the loss of its second-largest customer last year. The Rolly Toys brand, founded in 1938, is to survive: two companies want to continue production at a different site. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101361208/rolly-toys-firma-schliesst-aus-fuer-franz-schneider-gmbh-nach-insolvenz-.html

tag:eurotrack.ai,2026:17a4ecf5:en 2026-07-22T06:00:00Z

As part of its 'Firepower' programme, Rheinmetall is expanding its subsidiary Nitrochemie's powder plant in Aschau am Inn into Europe's largest propellant powder factory: annual capacity rises from 1,700 to 4,200 tonnes and cartridge module production from 300,000 to 1 million units; production starts in 2027 with full utilisation in 2028. The workforce is to grow from around 800 to about 1,300 and site revenue to as much as €700m; CEO Papperger points to NATO ammunition supply including deliveries to Ukraine. Sources differ slightly on the investment (€350m vs. approx. €500m) and job figure (500 vs. up to 600). Second source: t-online/Munich. — Source: https://www.insuedthueringen.de/inhalt.rheinmetall-pulverfabrik-in-aschau-soll-produktion-mehr-als-verdoppeln.1fad7363-ca11-4da1-9e32-857a6d4dae3a.html

tag:eurotrack.ai,2026:67911a46:en 2026-07-22T06:00:00Z

Mechanical and plant engineering group Dürr is cutting around 500 jobs worldwide at BBS Automation, the subsidiary it acquired in 2023, roughly 200 of them across four German sites (the subsidiary is headquartered in Garching near Munich); the cuts are to be implemented in 2026 and 2027. The company blames weak demand from the automotive industry, which is investing cautiously in new production systems despite growing electric vehicle sales. Dürr expects €40m to €50m in restructuring costs in 2026 and is targeting annual savings of around €30m; the 2030 revenue target for BBS was lowered from €800m to more than €600m. Compulsory redundancies are to be avoided where possible but cannot be ruled out. Second source: Wochenblatt-Reporter. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101355738/duerr-streicht-500-stellen-bei-tochterfirma-bbs-automation.html

tag:eurotrack.ai,2026:302b5215:en 2026-07-21T06:00:00Z

On 21 July 2026 the Bavarian cabinet approved thirteen new hospital construction projects with just under €600m of eligible investment costs for the 2027–2031 building programmes. The largest single project is the integration of St Theresien hospital into Krankenhaus Martha-Maria in Nuremberg (around €225.3m) — the first Bavarian use of the federal Transformation Fund, which can cover up to 70% of costs; it is followed by Klinikum Kempten (€94.1m), Klinikum Neumarkt (€90m) and Asklepios Stadtklinik Bad Tölz (€55.3m). Total earmarked investment funding thereby rises to roughly €6.2bn, with €900m available in 2026 (€100m more than the previous year); more than 60% of the funding goes to sites outside metropolitan areas. — Source: https://www.bayern.de/fueracker-und-gerlach-kraeftiger-investitionsschub-fuer-bayerische-krankenhaeuser-ministerrat-beschliesst-13-neue-projekte-fuer-kranken-hausbauprogramme-2027-bis-2031-mit-einem-volumen-von/

tag:eurotrack.ai,2026:88da7ac7:en 2026-07-20T06:00:00Z

Rewe has filed its planned acquisition of Allgäu grocer Feneberg — together with the newly formed LEH Allgäu GmbH — with the Federal Cartel Office (reported on 20 July). Around 3,000 employees are reported; the (paywalled) report did not give exact store or headcount figures in its free portion. Update (3 Aug 2026): The takeover covers 72 stores plus the headquarters in Kempten. The Bundeskartellamt's preliminary review ends in mid-August 2026 — one month after the complete filing of 16 July 2026. Without clearance by then, an in-depth review of up to four months would follow. Update (10 Aug 2026): The Federal Cartel Office did not clear the deal but opened an in-depth (Phase 2) investigation — without that step the merger would have had to be cleared the same week. The in-depth review can take up to four more months. The freely accessible portion of the report mentions 35 Feneberg stores going to Rewe; that diverges from the 72 stores recorded earlier and could not be resolved behind the paywall. Source: Lebensmittelzeitung, 10 Aug 2026. — Source: https://www.lebensmittelzeitung.net/politik/nachrichten/bundeskartellamt-rewe-meldet-uebernahme-von-feneberg-an-192175

tag:eurotrack.ai,2026:e036ee8a:en 2026-07-14T06:00:00Z

On 14 July TenneT energised the last two of the four construction sections of the Ostbayernring — the 185 km 380 kV extra-high-voltage line between Redwitz (Upper Franconia) and Schwandorf (Upper Palatinate) is now fully on the grid. The new route quadruples transport capacity compared with the 1970s-era line it replaces (planning had been under way since 2014); dismantling of the old line is due to be completed by the end of 2027. — Source: https://oberpfalzecho.de/wirtschaft/ostbayernring-vollstaendig-am-netz-staerkt-versorgung-in-oberpfalz-und-oberfranken

tag:eurotrack.ai,2026:9a8b69ec:en 2026-07-12T06:00:00Z

Since the weekend of 11/12 July 2026, new electronic interlockings of DB InfraGO have been running at Oberstdorf and Fischen; the whole line from Immenstadt to Oberstdorf thus has modern control and safety technology, with signals and points operated centrally from the Immenstadt interlocking. The trigger was the failure of the old Oberstdorf interlocking at the end of 2024: the project began in early 2025 and was finished with the supplier Hitachi after about a year and a half, whereas such projects usually take six to seven years; DB invested about EUR 50 million, with the funds coming from the federal government. On Sunday an ICE L reached Oberstdorf for the first time, which would not have been possible without the new technology; further work continues on the line (level crossings, signalling and cable technology, improvements for passengers at Fischen, an outer platform at Altstädten), and the Free State has commissioned DB with planning, among other things, electrification, faster running, a double-track passing section and the new Sonthofen–Rieden halt. (LOK Report, 14 Jul 2026) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/bayern-db-infrago-nimmt-neue-stellwerke-in-oberstdorf-und-fischen-in-betrieb.html

tag:eurotrack.ai,2026:e9f87222:en 2026-07-10T06:00:00Z

O2 Telefónica is cutting jobs under its 'Future Operating Model' restructuring, mainly affecting customer service, the retail shop network and the central OHG unit. Background: the loss of the 1&1 wholesale business to Vodafone and a 3.8% revenue decline in 2025 to €8.2bn (first reports 10 July, wider confirmation incl. Handelsblatt on 14 July). Firmed up on 22 July 2026: up to 1,100 of around 6,820 full-time positions will go by the end of 2026 — about one in six; in addition around 60 of the roughly 800 O2 shops will close (company-owned locations only, no franchise partners). The company booked €265m of restructuring provisions for 2026, with up to €155m more possible for a second cost-cutting phase in 2027; from 2028 it expects annual savings of around €185m. Management cites a simplified organisation and intensified use of artificial intelligence in central processes as the levers. — Source: https://www.heise.de/news/O2-Telefonica-streicht-ein-Sechstel-aller-Arbeitsplaetze-11374266.html

tag:eurotrack.ai,2026:e7b5c294:en 2026-07-02T06:00:00Z

According to a report of 2 July 2026, AMiT Transportation has agreed to take over 100% of the shares in GERSYS GmbH from the HÜBNER Group (Kassel); no price is disclosed. GERSYS, based in Wolfratshausen near Munich with about 65 employees, specialises in on-board electronics and graphical display systems for rail and special vehicles and will continue as a separate brand under managing director Thorsten Sprenger. For AMiT it is the third acquisition within three years after TopPower (now AMiT Production) and Bustec in Wuppertal, while HÜBNER's Mobility Rail division wants to focus more on products and services beyond cockpit solutions (LOK Report, 2 Jul 2026). — Source: https://www.lok-report.de/news/deutschland/industrie/huebner-amit-transportation-uebernimmt-gersys-gmbh.html

tag:eurotrack.ai,2026:d2fc9d03:en 2026-06-26T06:00:00Z

Indian IT services company Persistent Systems and Munich-based Nagarro SE (around 18,500 staff in more than 40 countries) signed a business combination agreement on 26.06.2026; Persistent is offering Nagarro shareholders €81 per share in cash, with a minimum acceptance threshold of 50% plus one share. The combined group would have annual revenue of about US$2.9bn and more than 46,000 employees; Persistent intends to leave existing works and collective agreements unchanged, and closing is expected in the fourth quarter of 2026 or the first quarter of 2027 (Persistent press release, 26.06.2026). Update (23.09.2026): When the acceptance period ended on 17.09.2026, 61.15% of the shares had been tendered; together with about 22.10% acquired under a purchase agreement with Lantano Beteiligungen, Persistent now holds 83.25%, and an additional acceptance period runs from 23.09. to 06.10.2026 (Business Standard, 23.09.2026). Update (12.10.2026): After the additional acceptance period ended on 06.10.2026, a total of 8,903,259 shares (about 71.94%) had been tendered; with the 22.10% from the purchase agreement, Persistent holds about 94.04%. Closing is now expected by the end of Q1 2027, subject to a few outstanding regulatory approvals; a squeeze-out of minority shareholders is planned, with details not yet decided (Entrepreneur India, 12.10.2026). — Sources: https://www.persistent.com/media/press-releases/persistent-and-nagarro-sign-business-combination-agreement-to-form-the-persistent-nagarro-group-a-global-leader-in-ai-led-digital-engineering/ · https://india.entrepreneur.com/business-news/persistent-secures-94-04-stake-in-nagarro

tag:eurotrack.ai,2026:07308324:en 2026-06-10T06:00:00Z

On 10 June 2026 Siemens Mobility opened a new Rail Service Center in Munich-Allach after a comprehensive conversion; it serves as the competence centre for maintaining Vectron locomotives, from overhauls to accident repairs. The number of overhauls and accident repairs it can handle rises from about 25 to up to 80 a year; Siemens says it has invested about EUR 250 million in total in expanding the Allach site, where it employs about 2,500 people, and the report names no new jobs. The opening coincided with the presentation of the digital Vectron X locomotive (LOK Report, 10 Jun 2026). Update (10 June 2026): Siemens Mobility has opened the rebuilt Rail Service Center in Munich-Allach; overhaul capacity is to rise from about 25 to up to 80 locomotives a year. (LOK Report, 10 June 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/siemens-vectron-x-mit-app-store-und-neues-rail-service-center-in-muenchen.html

tag:eurotrack.ai,2026:829b3d14:en 2026-04-13T06:00:00Z

The new pier at Terminal 1 of Munich Airport was officially opened with a ceremony on April 13, 2026, and has been operational since. It serves non-Schengen traffic and provides capacity for up to six million passengers annually - comparable to the entire passenger volume of an airport the size of Hannover. No specific investment volume is stated in the source. — Source: https://www.munich-airport.de/projekt-erweiterung-terminal-1-2579312

tag:eurotrack.ai,2026:8af101cc:en 2026-03-19T06:00:00Z

UniCredit plans to cut 300 to 400 jobs in Germany, predominantly in the IT area, staggered until 2027. The background is the centralisation of IT functions and the relocation of activities to low-wage regions (including Eastern Europe) as part of a digitalisation strategy. The measure coincides with UniCredit's existing position as a major shareholder in Commerzbank and fuels speculation about possible takeover synergies. Banking unions and Commerzbank's works council are watching the developments closely. — Source: https://www.avronline.de/nachrichten/news-views-markets/unicredit-stellenabbau-deutschland-commerzbank/12684/

tag:eurotrack.ai,2026:c3caf4b5:en 2026-02-28T06:00:00Z

DB InfraGO put the extended continuous train control system (LZB) between Petershausen and Rohrbach on the Munich–Ingolstadt line into operation at the end of February 2026 (report of 12 March 2026) and invested about EUR 22.7 million in it. The system monitors speed and train spacing continuously, so the existing line can be used more efficiently; once the ongoing track programme is finished, trains may run at up to 190 km/h instead of today's 160 km/h in the section, which is meant to bring shorter journey times and more stable operation. The date is a placeholder: the article gives only the end of February, and 28 February 2026 is used. (LOK Report, 12 Mar 2026) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/65826-bayern-lzb-auf-der-strecke-muenchen-ingolstadt-in-betrieb.html

tag:eurotrack.ai,2026:f7cea79f:en 2026-02-28T06:00:00Z

On 19 February 2026, the first technical test run (dress rehearsal) took place on the completed section of the Tram West Tangent in Munich. From 28 February 2026, the new Line 14 runs there regularly. Used for this were the oldest vehicle in the MVG fleet – the 100-year-old overhead-wire inspection car – as well as the modern low-floor vehicle 'Avenio'. The experts checked overhead line voltage, pantographs and contact-wire compatibility. Operator: Münchner Verkehrsgesellschaft (MVG) / Stadtwerke München (SWM). Update (28 Feb 2026): With line 14, the first section of the Westtangente tram entered service on 28 February 2026; it has run since 11:30 a.m. every 10 minutes during the day over the almost exactly 1,500 m new line in Fürstenrieder Strasse between Agnes-Bernauer-Strasse and Ammerseestrasse (stops Fürstenrieder Strasse, Laimer Platz, Aindorferstrasse) and connects the Laimer Platz underground station to the tram network. The stops are step-free and designed for trains up to 56 m long, with three-section vehicles in service at first. Construction took about 22 months, and the carriageways and pavements are due to be finished by the 2026 Oktoberfest. The further sections from Ammerseestrasse via Waldfriedhof to Aidenbachstrasse and the gap closure to Romanplatz (dependent on the environmental-transport tube at Laim S-Bahn station) are planned for 2028; line 12 is later to run along the whole route. (LOK Report, 19 Feb, 25 Feb and 28 Feb 2026) Update (26 Aug 2026): After 100 days of operation, line 14 carried about 11,000 passengers on weekdays (over 4,500 on the new section Fürstenrieder Strasse–Laimer Platz) and almost one million in total; optimised traffic-light phasing raised punctuality from 65 to about 80%. For the first part of the demolition of the Fürstenrieder Strasse bridge over the A 96 (Stadtwerke München with Autobahn GmbH), the A 96 in Laim was to be closed completely from 3 June (10 p.m.) to 8 June 2026 (5 a.m.); according to Pro Bahn the line is being built and opened in stages because DB is behind schedule with the Laim environmental-transport tube and with the motorway bridges. SWM has received the planning-approval decision of the Government of Upper Bavaria for the second section, Waldfriedhof–Aidenbachstrasse (report of 26 August 2026), so the whole route is now approved; preparatory works are due to start in October 2026, drainage work probably in January 2027 and track-laying from July 2027. (LOK Report, 29 May, 10 Jun and 26 Aug 2026) — Sources: https://www.lok-report.de/news/deutschland/aus-den-laendern/item/65265-bayern-erfolgreiche-generalprobe-der-tram-westtangente-vor-der-inbetriebnahme.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/65498-bayern-teilinbetriebnahme-der-tram-westtangente.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/65402-bayern-tram-westtangente-erster-abschnitt-wird-am-samstag-28-februar-eroeffnet.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/bayern-tram-westtangente-planfeststellungsbeschluss-fuer-gesamte-strecke-liegt-vor.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/bayern-swm-mvg-und-pro-bahn-ziehen-positive-bilanz-zum-start-der-linie-14.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/bayern-erste-abbrucharbeiten-an-der-bruecke-ueber-die-a-96-zur-tram-westtangente.html

tag:eurotrack.ai,2026:b0889f4d:en 2026-02-13T06:00:00Z

The Sparkassen Oberpfalz Nord and Bayreuth are planning a merger to form the largest savings bank in northern Bavaria with total assets of around €7.5 bn. The technical merger is scheduled for 2027. All sites and jobs are to be retained. — Source: https://www.inbayreuth.de/grosse-sparkassenfusion-in-der-noerdlichen-oberpfalz/cnt-id-ps-64e10a31-c6ba-44ba-855f-eb16856ec896

tag:eurotrack.ai,2026:d64b6d48:en 2026-01-29T06:00:00Z

Raiffeisen-Volksbank Haßberge (approx. €700 m in total assets) is planning to combine with VR Bank Bamberg-Forchheim (€3.7 bn). Reason: Strong ties of the Haßberge region with Bamberg, economic synergies. Both supervisory bodies signalled a green light. Final vote of the member representatives at the delegates' meeting planned for May 2026. Legal and technical merger scheduled for Q4 2026. No layoffs planned – 'on the contrary'. Resulting bank: Over 40 branches, 30 self-service locations, over 150,000 customers. One of the largest area-wide banks in Franconia along the A70 and A73 from Haßfurt via Bamberg and Forchheim to Nuremberg/Erlangen. On-site lending up to €750,000 in private real estate financing. Higher lending capacity for corporate customers. Update (9 Oct 2026): The representative assemblies of both banks approved the merger unanimously on 19 and 20 May 2026; the new bank is due to be formed by the end of 2026 (Raiffeisen-Volksbank Haßberge, website, 9 Oct 2026). — Sources: https://www.nn.de/region/forchheim/weitere-fusion-von-forchheim-und-bamberg-geplant-bald-eine-der-grossten-banken-frankens-1.14987035 · https://www.rvb-hassberge.de/meine-bank/news/bank/news-bank-2026/zustimmung-verschmelzung.html

tag:eurotrack.ai,2026:2c10406b:en 2026-01-25T06:00:00Z

Valeo is again cutting 134 jobs at its Ebern site – already the fourth staff reduction in a row. Affected: 109 jobs in R&D (the area will be almost completely closed), 25 jobs in production-support areas. 37 R&D employees will receive an offer to transfer to Erlangen (centralisation of the Power division). The number of employees fell from 1,650 (2016) to 763. Reason: the site is almost exclusively dependent on the combustion engine and has been loss-making for years. IG Metall criticises the lack of a transformation strategy and innovation. The works council warns: cutting back on R&D puts the future of the site at stake. — Source: https://www.wiesentbote.de/2026/01/25/valeo-kuendigt-erneuten-stellenabbau-am-standort-ebern-an/

tag:eurotrack.ai,2026:7566ee17:en 2026-01-12T06:00:00Z

On 12 January 2026, DB commissioned a new electronic interlocking at Reichertshausen, which replaces a relay interlocking from 1986 and is controlled from the Munich operations centre. The federal government and DB invested about EUR 19 million over a construction period of just under a year; signals, cabling, point machines, telecommunications and power supply were renewed, and the continuous train control system (LZB) was extended. With the extended LZB, the speed between Petershausen and Rohrbach can in future be raised to up to 190 km/h instead of 160 km/h at present; a backup power plant is additionally to secure the emergency supply from the overhead line so that operations continue even if the public grid fails, and remaining and dismantling works are still to come. (LOK Report, 13 Jan 2026) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/64382-bayern-neues-estwin-reichertshausen-nimmt-betrieb-auf.html

tag:eurotrack.ai,2026:13688296:en 2025-12-16T06:00:00Z

Since the timetable change, Deggendorf station on the Landshut–Bayrisch Eisenstein line has been run from a new electronic interlocking of DB InfraGO that replaces the old relay technology; trains are monitored and controlled from the operator workstation of the Landau (Isar) interlocking. The federal government and DB spent about EUR 17.5 million on it (19 signals, 29 axle counters, about 27 km of signal cable, 25 possible routes in the main station); the new technology later allows track extensions and changes to the track layout. The date is a placeholder: the commissioning day is not given, so the day of the report is used. (LOK Report, 16 Dec 2025) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/63935-bayern-neues-estw-in-deggendorf-in-betrieb.html

tag:eurotrack.ai,2026:57f331cf:en 2025-12-15T06:00:00Z

DB InfraGO has put the electronic interlockings at Hörlkofen and Thann-Matzbach on the Munich–Mühldorf line into operation; the roughly 100 trains a day between Markt Schwaben and Dorfen are now controlled remotely from the Dorfen signal box. The technology replaces two mechanical signal boxes from 1899 and 1958 and cost the federal government and DB about EUR 50 million in total (50 signals, four sets of points, seven level crossings; a little over two years including planning, eight months of them construction). New interlockings are also being built at Schwindegg and Heldenstein, so that the last mechanical signal boxes on the line will be replaced by early 2027; twelve of 16 planning-approval sections for electrification and double-tracking (ABS 38) are in the approval process. The date is a placeholder: the commissioning day is not given, so the day of the report is used. (LOK Report, 15 Dec 2025) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/63898-bayern-db-infrago-nimmt-estw-hoerlkofen-und-thann-matzbach-in-betrieb.html

tag:eurotrack.ai,2026:fd28b4e6:en 2025-12-14T06:00:00Z

DB InfraGO finished modernising the Ammerseebahn between Geltendorf and Weilheim on schedule in the night leading into 14 December 2025; trains have been running again since Sunday morning. Over 2024 and 2025, a total of 50,000 m of rail and 40,000 sleepers were replaced and the track bed was rehabilitated over about 20 km; since 11 August 2025 alone this covered about 16,000 m of rail, 20,000 sleepers and 13 km of track bed, plus two sets of points, 13 culverts and the bridge at Albangraben. Geltendorf–Dießen was fully closed from 11 August to 13 December 2025 (replacement service run by Bayerische Regiobahn), and Dießen–Weilheim has been open again since 13 October 2025; the report gives no costs. (LOK Report, 14 Dec 2025) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/63859-bayern-modernisierung-ammerseebahn-im-zeitplan-abgeschlossen.html

tag:eurotrack.ai,2026:17746feb:en 2025-12-05T06:00:00Z

DB put the renewed railway bridge at Lindwurmstrasse in Munich into operation on 5 December 2025; renewal of the overbridge, built around 1900, had begun in March 2024. On 12 December 2025 the faithfully restored Art Nouveau railing with the Lindwurm (a dragon-like creature from local legend) was fitted back, after a metal restorer had refurbished it since summer 2024. The full closure of the underpass has been lifted (pedestrians and cyclists from 11 December, outbound car traffic from 17 December 2025); road works will continue until 2028, and the report gives no costs. (LOK Report, 12 Dec 2025) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/63814-bayern-der-kleine-drache-ist-zurueck.html

tag:eurotrack.ai,2026:f3d07792:en 2025-11-25T06:00:00Z

Faber-Castell is cutting around 130 of its 1,200 German jobs (6,200 employees worldwide). Smaller production lines are being relocated from Stein and Geroldsgrün to Brazil/Peru. Reason: global competition, US tariffs, consumer restraint. Socially responsible via partial early retirement, retirement, and attrition; compulsory redundancies are to be avoided. Implementation by financial year 2026/27. — Source: https://www.zeit.de/news/2025-11/25/faber-castell-will-130-stellen-in-deutschland-streichen

tag:eurotrack.ai,2026:3ee85f50:en 2025-11-20T06:00:00Z

MAN is cutting 2,300 jobs over ten years: Munich 1,300, Salzgitter 600, Nuremberg 400 jobs. IG Metall expects higher figures (Munich up to 2,000, Nuremberg 500) and fears for sites in the long term due to production being relocated to Poland. Planned to be socially responsible without dismissals. Reason: a weakening truck market, high electricity/labour costs, Asian competition. — Source: https://www.t-online.de/finanzen/aktuelles/wirtschaft/id_101008748/man-streicht-2300-stellen-in-deutschland-kritik-von-ig-metall.html

tag:eurotrack.ai,2026:f323341c:en 2025-11-18T06:00:00Z

MAN is cutting over 1,300 jobs, around 700 of them in Munich. Other sites such as Nuremberg and Salzgitter are also affected. Cross-reference: reporting stage of the total of 2,300 jobs officially presented two days later (entry of 20 Nov 2025); the figure is carried there and set to null here to avoid double counting. — Source: https://www.merkur.de/lokales/muenchen/stellenabbau-ueber-tausend-arbeitsplaetze-in-muenchen-betroffen-man-plant-94046856.html

tag:eurotrack.ai,2026:94a1d8da:en 2025-11-14T06:00:00Z

Nokia plans to close its Munich site by 2030; IG Metall reports more than 700 affected employees on site; the reduction is planned in several waves from 2026 to 2030. — Source: https://heise.de/-11079117

tag:eurotrack.ai,2026:8988e8b0:en 2025-11-12T06:00:00Z

The district assembly of the Aichach-Friedberg district agrees in principle to the AVV joining the Munich Transport and Tariff Association. This brings a merger of the AVV and MVV transport associations from 2026 closer, although final open cost questions remain. Update (08.07.2026): The merger of AVV and MVV has been pushed back by at least a year to early 2028, owing to funding gaps (the Bavarian state approved €6m, about half of it only for one-off conversion costs), a complex contract for dividing up assets and the parallel accession of the districts of Dillingen and Donau-Ries to AVV in early 2027 (Radio Augsburg, 08.07.2026: https://www.radio-augsburg.de/mega-fusion-verschoben-zusammenchluss-von-avv-und-mvv-verzoegert-sich-wegen-geldmangel-265290/). — Source: https://www.augsburger-allgemeine.de/aichach/avv-mvv-fusion-landkreis-aichach-friedberg-sieht-vorteile-trotz-offener-kosten-112765962

tag:eurotrack.ai,2026:8ec40d08:en 2025-10-30T06:00:00Z

Puma is cutting around 900 jobs across the group, primarily in the corporate area, in order to realign its product range and distribution after revenue declines. — Source: https://www.reuters.com/business/puma-cut-900-jobs-sales-continue-decline-2025-10-30/

tag:eurotrack.ai,2026:1b67bd3e:en 2025-10-24T06:00:00Z

With the commissioning of the rebuilt Langlau passing station and its electronic interlocking on 24 October 2025, the infrastructure of the Pleinfeld–Wassertrüdingen line (route 912) is complete; since 27 October 2025 the 32 km RB 62 service has run hourly throughout, whereas until then every second trip on the busier section had to be run as a replacement bus. The Hesselbergbahn between Gunzenhausen and Wassertrüdingen, reactivated in December 2024, was thus able to run its target timetable only after almost a year, because the interlocking missed both the planned date in April and the one in July. On the 15 km BayernBahn section, technically supported train control has replaced strict single-train operation since 17 July 2025, so freight trains can now also cross the passenger train at Cronheim; the Ansbach interlocking, also planned, did not go live during the October possession. The report gives no costs. (LOK Report, 30 Oct 2025) — Source: https://www.lok-report.de/news/deutschland/aus-den-laendern/62669-bayern-kbs-912-pleinfeld-wassertruedingen-infrastruktur-ist-jetzt-komplett.html

tag:eurotrack.ai,2026:d1b59962:en 2025-10-20T06:00:00Z

DB InfraGO is acquiring the hitherto municipal Tegernsee-Bahn Betriebsgesellschaft, operator of the 12.4 km line from Schaftlach to Tegernsee; agreement has been reached with the existing shareholders (the municipality of Gmund, the town of Tegernsee and Miesbach district), and DB's management board has approved the purchase. The parties agreed to keep the details of the purchase confidential and no price is given; the 14 employees stay on in the company, which remains independent and will in future be run by DB RegioNetz Infrastruktur. DB intends to modernise the line with federal and state funds and to electrify it like the other Oberland lines, and train radio and signalling at Gmund and Tegernsee are also to be digitised; the previous operator lacked the staff and funds for this, and a report of 10 Oct 2025 had already speculated about a sale and named the end of the decade for electrifying the Oberland network. (LOK Report, 10 Oct and 20 Oct 2025) — Sources: https://www.lok-report.de/news/deutschland/aus-den-laendern/62372-bayern-db-infrago-ag-kauft-tegernsee-bahn-betriebsgesellschaft-mbh.html · https://www.lok-report.de/news/deutschland/aus-den-laendern/62129-bayern-vt-27-der-tag-auf-sonderfahrt-verkauf-der-tegernseebahn-beschlossen.html

tag:eurotrack.ai,2026:76850b08:en 2025-10-17T06:00:00Z

The Austrian VIG intends to acquire all shares of the German insurer Nuernberger; major shareholders such as Munich Re have signalled a willingness to sell. Update (18.05.2026): With all regulatory approvals granted, VIG completed its takeover offer and now holds 99.2% of Nürnberger's share capital and voting rights; the location and brand are retained (Versicherungswirtschaft heute, 18.05.2026). — Source: https://www.reuters.com/business/vienna-insurance-group-offers-buy-germanys-nuernberger-161-billion-2025-10-16/