News
Syria Sanctions Relief
In light of the fall of the Assad regime, the US and the EU are largely lifting their sanctions on Syria. We explain which measures are being discontinued and which ones remain.
STEM Workforce Report: Germany Has a Shortage of over 163,600 STEM Workers
There is a shortage of over 163,600 STEM workers in Germany. The planned investments in the area of defense and the advancing decarbonization will continue to ensure a high demand for skilled workers in STEM professions.
Short-time Work Allowance in Germany and US Tariffs
The Federal Employment Agency has clarified on its website how companies in Germany can receive short-time work allowance as a result of the US tariffs. We inform you about the requirements.
Bavarian Metal and Electrical Industry (M+E) Economic Report 01/2025
The current edition of our M+E economic report shows that the recession in the Bavarian M+E industry has further worsened. Due to a lack of orders, more and more companies have to reduce production and cut jobs.
Bavarian Metal and Electrical Industry (M+E) Exports 2024
Bavarian exports of M+E products totaled 150 billion euros in 2024, which was 2.8 percent less than in the previous year. Especially to China, there were fewer deliveries. The USA was once again the largest export market for Bavarian M+E products.
Spotlight on trade and investment relations between the United States and Bavaria
In light of the recent tariff announcements by the U.S. government, we highlight the importance of trade and investment relations between the U.S. and Bavaria. In 2024, the United States has been Bavaria’s second most important trading partner after China.
German Election: What the Bavarian Industry Expects from the New Government
The clear result of the German election establishes the conservative parties CDU/CSU as the strongest force. vbw now expects them to form a government swiftly so that the necessary economic turnaround can take place quickly and effectively.
Metal and Electrical Industry (M+E) Economic Survey for Bavaria – Winter 2024
The economic situation in the Bavarian metalworking and electrical industry remains bleak, with no prospect of improvement. These are the findings of our latest survey, which covered 213 bayme vbm member companies in Bavaria with a total of 227,000 employees.
U.S. strengthens sanctions against Russia by targeting Russian oil production and exports
On January 10, 2025 the Biden administration took comprehensive measures to fulfill the G7 commitment to reduce Russian revenues from energy. We explain what companies operating in the energy sector need to know.
German Metal and Electrical Industry Bargaining Round 2024 concluded
On November 12, 2024, employers and trade unions reached a pilot agreement for the Northern and Bavarian collective bargaining area in Hamburg during the fourth negotiation round. We inform you about the core content.