AGP Executive Report
Last update: 5 hours agoOffshore Wind Milestone: DNV has certified the third BSH release for RWE’s Nordseecluster A offshore wind projects, clearing the way to move from design into turbine installation for up to 1.6 GW. Auto Industry Pressure: EY warns German carmakers face a “crisis year” in 2026 as tariffs, geopolitical shocks and costly software and capacity burdens weigh on sales; Q1 revenue rose 2% globally but fell 4% for German groups, with Iran-linked fuel-price and inflation risks adding uncertainty. Energy Politics: Vladimir Putin says Russia could resume gas deliveries to Germany via the remaining Nord Stream 2 line “tomorrow” if Berlin agrees and US sanctions are lifted—reopening a sensitive debate over industrial energy costs and dependence. Corporate/Tech Governance: Brussels backlash grows after the EU Commission appoints Siemens chair Jim Hagemann Snabe as adviser on industrial AI, following Siemens’ role in rolling back parts of EU AI rules. Business Links Abroad: Germany and Ghana sign a pact to boost trade and skills development, including dual vocational training and apprenticeship pathways.
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