Volkswagen announced a plan to lay off up to 100,000 employees, which represents 15% of the global workforce, as part of the largest restructuring in the history of the automotive industry, as the company seeks to improve its competitiveness and efficiency. (translated)
Volkswagen plans to terminate the Seat brand, reflecting the transformation in the automotive industry and increasing competition from China, while European automakers are trying to adapt and maintain their competitiveness. (translated)
Deputy Prime Minister Karel Havlíček expressed skepticism about the plan to raise taxes in connection with the high deficit of the state budget and emphasized the need for economic growth instead of tax increases to maintain the competitiveness of companies. (translated)
Nvidia is investing billions into the Taiwanese company MediaTek, which will allow it to utilize its technologies and strengthen its competitiveness in the chip market, while raising concerns about circular financing and its impact on demand for its products. (translated)
The Czech economy grew by 2.6% last year, surpassing the EU average; however, the national debt reached 3.7 trillion crowns and the budget deficit deepened to 290.7 billion crowns, raising concerns about future competitiveness and financial stability. (translated)
The Czech economy grew by 2.6% last year, surpassing the EU average; however, the national debt rose to 3.7 trillion crowns, and concerns about the country's competitiveness continue due to low productivity and high energy intensity. (translated)
Europe wants to increase competitiveness. At the same time, however, it can complicate the sale to another EU country for a small entrepreneur due to a cardboard box. Being pro-European does not mean defending every regulation. It means being able to correct poorly set rules. More in the commentary 👇 (translated)
Volkswagen is accelerating and reducing the cost of its vehicle production in China, thereby strengthening its competitiveness in the local market. (translated)
The day after the cabinet scandal in Neuhardenberg, the government is dealing with the climate crisis, reforms to ensure economic competitiveness, and social systems, with disagreements among coalition partners, but also optimism regarding the achievement of reforms by the end of the year. (translated)
The article discusses the declining competitiveness of the German automotive industry due to the extensive entry of Chinese plug-in hybrids into the European market, with expert Helena Wisbert warning that the glossy times are gone and highlighting the wrong decisions made by German manufacturers. (translated)
Tennis star Carlos Alcaraz is preparing for his comeback appearance at the US Open, which starts on August 30, after a four-month recovery from a wrist injury, although his preparation without competitive matches raises questions about his competitiveness. (translated)
The article discusses how the production of chemically synthetic fertilizers, which allow for high crop yields, is hindered by a high reliance on natural gas, and it examines whether more climate-friendly alternatives, such as biomethane or green hydrogen, could replace this unsustainable production; however, these alternatives face challenges with availability and economic competitiveness. (translated)
Europe is trying to create strong businesses that can competitively face the United States and China by reforming merger and acquisition rules within a new industrial approach that emphasizes company size and integration to enhance competitiveness on a global scale. (translated)
The article focuses on the transformation of the Italian tourism industry, which is trying to adapt to new trends and the demands of today's travelers, and emphasizes the need for a strategic approach and immediate measures to ensure competitiveness within the European market by 2030. (translated)
The Chinese aircraft Comac C919 has commenced its first international commercial flight to Ulaanbaatar, however, its long-term competitiveness against Airbus and Boeing is questioned due to dependence on Western technologies and a slow production pace. (translated)
Hana Součková, head of the Czech branch of SAP, points out that Czech companies are slowing down in growth due to economic stability and resistance to innovation, especially in areas such as artificial intelligence, which could jeopardize their competitiveness in the global market. (translated)
The article by Nuno Nabais Freire deals with how Europe has become an expert in regulation while losing industrial competitiveness and innovation, pointing out that while other parts of the world lead in technology and innovation, Europe focuses on creating complex regulations that may overburden businesses instead of supporting development. (translated)
Expert Paulina Uznańska assesses EU-China relations as difficult but possible, pointing to mutual dependence, competition in industry, and tensions related to China supporting Russia, and also emphasizes that Europe must increase its competitiveness and invest in innovation to face Chinese competition and issues in its own market. (translated)
Porsche SE, the main shareholder of Volkswagen, demands an urgent decision on the restructuring of the company in connection with deepening problems, including possible layoffs and factory closures, and warns of the danger of losing competitiveness in the international market. (translated)
Two economists, James A. Robinson and Nuno Palma, proposed measures for the transformation of the Portuguese economy aimed at streamlining justice, emphasizing the need to achieve target deadlines for court decisions to support economic growth and improve the country's competitiveness. (translated)
