In a historic political shift, Alexander Omar Kalouti of the CDU has been elected as Dortmund's new mayor, ending the Social Democratic Party's (SPD) nearly 80-year hold on the city's top political position. Kalouti secured 52.92% of the vote in the runoff election, defeating incumbent Thomas...
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...