German Brake Specialist Knorr-Bremse Strengthens Electronics Business with Duagon Purchase
German braking systems specialist Knorr-Bremse AG has announced the acquisition of Swiss technology company Duagon Group in a strategic move to strengthen its rail electronics and software business. The €500 million transaction, signed on September 25, 2025, positions Knorr-Bremse to enhance its portfolio of safety-critical applications for rail vehicles and signaling technology. The...
Thyssenkrupp Marine Systems (TKMS), Germany's largest naval...
The mood in Germany's residential construction sector has improved...
Munich was plunged into a state of emergency following a violent...
Thyssenkrupp Marine Systems (TKMS), Germany's largest naval shipbuilder, made a strong debut on the Frankfurt Stock Exchange Monday, with shares trading significantly above initial expectations. The stock opened at €60 per share, far surpassing analyst forecasts of approximately €36, and surged as much as 23% to €73.90 during early trading before settling around €89 by midday. The robust...
