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Gunter Grittmann
Head of Information and Communication
E-mail: grittmann@zew.de
Phone: +49 (0)621-1235-132
Fax: +49 (0)621-1235-255
Kathrin Böhmer
Public Relations Officer
E-mail: boehmer@zew.de
Phone: +49 (0)621-1235-103
Fax: +49 (0)621-1235-225
VC investors in Europe positively affect firms’ growth, productivity, investment and innovations. VC investors also helped their portfolio firms to outperform during the financial crisis. These findings come from the VICO project carried out on behalf of the EU by the ZEW and nine further European universities and research institutes. read more

German companies are inadequately prepared for the third trading period of the EU Emissions Trading System (EU ETS), which will start in 2013. This is the finding of the third KfW/ZEW CO2 Barometer. Up till now, too few companies in Germany have taken measures to reduce greenhouse gas emissions. Only 40 per cent of the companies surveyed have so far evaluated the expected costs. read more
Older employees assess the return of their training measures lower than younger employees in German companies. Although companies spend approximately the same amount of money per participant on the training of older employees as on the training of younger employees, they do not adequately take into consideration the specific interests and preferences of older employees. Therefore, the investments in training do not pay off as much as they could. These are the findings of a current study by the Centre for European Economic Research (ZEW) in Mannheim. read more
Immigrants in Germany found considerably fewer firms in key economic sectors, such as engineering, chemical industry or software development, than Germans. Thus, with regard to the so-called knowledge-intensive start-ups, the present growth potential in Germany is not fully exploited, resulting in welfare losses for the society as a whole. These are the findings of a current study conducted by the Centre for European Economic Research (ZEW) in Mannheim. read more
The German economy is developing well in 2011, causing an upturn of the mergers and acquisitions (M&A). The negative trend observed in Germany during the last two years appears to be overcome. This is the result of a forecast by the Centre for European Economic Research (ZEW) Mannheim. read more
German firms carrying out research both in Germany and abroad realise considerably higher profits. They experience a return on sales ratio that is almost two per centage points higher than in firms without own research and development (R&D) activities, and still one per centage point higher than in firms with only domestic research. These are the findings of a current study conducted by the Centre for European Economic Research (ZEW) in Mannheim. read more
The second KfW/ZEW CO2 Barometer indicates that German firms’ occupation with the opportunities and risks of the EU Emissions Trading System (EU ETS) is insufficient. Two thirds of them have not yet analysed the potential costs they will face as of 2013. Emission certificates will then not be distributed cost-free, but will be put up for auction. read more
The number and the volume of mergers and acquisitions (M&A) in Greece are declining considerably. In 2008, there were 153 M&A transactions with a value of seven billion euros. In 2009, however, the number of transaction has declined to 102 and the volume has decreased to four billion euros. These are the findings of a survey conducted by the Centre for European Economic Research (ZEW). The survey is based on the Zephyr database by Bureau van Dijk (BvD), which includes detailed information on mergers and acquisitions worldwide. read more
There is yet no proof of a shortage of bank credits for German firms. On the contrary, the credit volume in Germany, without credits for the German government and among banks, has increased slightly but continually since the beginning of 2008. This is the case despite recession and modest demand for credits. These are the findings of an empiric analysis conducted by the Centre for European Economic Research (ZEW) in Mannheim. read more