NRW.INVEST News 2012-04

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Peugeot is coming to North Rhine-Westphalia

The French automobile manufacturer Peugeot is relocating its German headquarters to Cologne, where its sister brand Citroën is already based.

North Rhine-Westphalia at logistics trade fair in Shanghai

From 5 to 7 June 2012 companies from North Rhine-Westphalia will present themselves at "Transport Logistic China" in Shanghai.

NRW solar installation for Fukushima

An open-air solar installation costing 40 million euros is to be built in Fukushima Prefecture.

Kuraray to invest 20 million euros in Troisdorf

Kuraray Europe is increasing its production capacity in North Rhine-Westphalia for PVB films for the automotive industry.

Chinese high tech from North Rhine-Westphalia

Willich-based Evestar GmbH is the world's only provider of extra-long curved screens.

Harbors post record result

Cargo handling at Neuss Düsseldorfer Häfen showed exceptional growth last year. The logistics business is booming.

Record: Jülich fuel cell runs for more than 40,000 hours

Scientists at the Jülich Research Center's Institute of Energy and Climate Research have succeeded in developing fuel cells with a minimum lifespan of five years or 40,000 hours.

Strategic investor from China acquires automotive supplier Kiekert

The Chinese automotive supplier Lingyun has purchased the North Rhine-Westphalian company Kiekert AG.

Peugeot is coming to North Rhine-Westphalia

The company headquarters of Citroën and Peugeot are to merge in Cologne.

The French automobile manufacturer Peugeot is relocating its German headquarters to Cologne, where its sister brand Citroën is already based.

The previously separate company headquarters of Citroën in Cologne and Peugeot in Saarbrücken are to be merged in North Rhine-Westphalia. Citroën and Peugeot, which will remain independent of one another and operate separately on the auto market, plan to start working at the new location in Cologne before the end of this year. All of the approx. 300 employees at the Peugeot headquarters will be offered a job here.

"The merger of the German headquarters of Peugeot and Citroën in Cologne is an indication of the attractiveness of North Rhine-Westphalia as a business location," says Prime Minister Hannelore Kraft. With approx. 800 companies and 200,000 employees, North Rhine-Westphalia is one of the most important automotive locations in Germany. In addition, research and development networks are working here intensively on the future of mobility.

This decision will also serve to strengthen Cologne and the region as an automotive location. The headquarters of Ford-Werke and Ford Europa are to be found here. Furthermore, the importers Toyota and Volvo control their German business activities from here. The German headquarters of Renault and Nissan are located in Brühl, and Mazda is based in Leverkusen.