Tourism boost expected from Gotthard tunnel – Chinese bid for German robot maker Kuka frowned upon in Berlin
Foreign investors, especially from China, are keen on German know-how - even in sensitive areas. The German government is now seeking powers stop such takeovers to protect strategic industries.
Chinese appliance firm Midea has announced it has launched a cash offer for a stake of 30 percent in German industrial robotics supplier Kuka. The takeover bid has stoked controversy in Germany and Europe.
Switzerland has a new masterpiece of engineering: On June 1, it inaugurates the world's longest rail tunnel. The Gotthard Base Tunnel brings northern and southern Europe even closer together.
German engineering company Voith has dismissed media reports it has struck a deal with Chinese investor Midea to sell its majority stake in robotics firm Kuka, but didn't rule out that a sale was at all possible.
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