Village of the Day
Tomorrow a whole German village – Alwine in Brandenburg – is up for auction. Prospective purchasers will be bidding on a peaceful atmosphere, around 20 inhabitants (mostly retired, many over 70), a batch of historic homes in disrepair and, of course, a genuine slice of east German history. The small plot of land was once a coal-mining pit, but converted into homes after being bought by two brothers for 95,000 deutsche mark in 2001. Now one of the surviving brothers is selling. Optimistic buyers will see endless potential in Handelsblatt Global’s village of the day. With an imaginative new owner, this could well be the village of tomorrow too. Source:
Ruling of the day
Aldi’s family power curtailed
A German court restricted the influence of the Berthold Albrecht family over discounter Aldi Nord, owner of Trader Joe’s in the United States, which will allow Aldi Nord to invest more money in its operations. The descendants of Karl Albrecht, who founded Aldi back in 1913, are not allowed to block decisions in the foundation which owns Aldi Nord, the court ruled. Aldi Nord’s sister discounter Aldi Süd embarked on an aggressive expansion in the US this summer.
Picture of the day
Faster and more expensive
Move over Easyjet and Lufthansa: Germany’s state-owned rail operator Deutsche Bahn celebrated the opening of a new high-speed line, connecting Berlin in the north, to Munich in the south. Travel time will be reduced from six hours to just under four,over a stretch of 623 kilometers (387 miles) featuring 22 tunnels and 29 bridges, at a speed of up to 300 kilometers (186 miles) per hour. The line cost €10 billion to construct and will cost passengers 14 percent more per ticket: €150 for a one-way ride. Source:
Graphic of the day
The chicken and the electric car
Which comes first: The electric car or the electric charging point? The nonprofit organization International Council on Clean Transportation has recently concluded that having the charging infrastructure in place, together with state subsidies for consumers, help push up electric car sales. This occurred both in the Netherlands and Sweden.