We are boosting the economy

We finance investments of German and European companies both at home and abroad, contributing to job security and prosperity in Germany and Europe. At the same time, we continue to promote the diversification of European raw material supplies – an issue that is now more important than ever.

• Autonomous driving: KfW IPEX-Bank provided financing of EUR 250 million to ZF Friedrichshafen, a leading global supplier to the automotive industry. The funds will finance selected development activities in the area of autonomous driving systems and technologies for assisted driving, including the development of automated systems for electric shuttle applications – important parts of the transport transition.
• Green and digital: KfW IPEX-Bank financed the first fully automated warehouse of online supermarket Picnic in Germany, in the amount of EUR 120 million. Based in Oberhausen, its intralogistics equipment operates efficiently and enables several and larger orders to be bundled together – delivered by fully electric vehicles following the “milk man principle”, i.e. on fixed weekly routes.
• Securing gas supplies: Following dynamic developments in the German gas market triggered by the outbreak of war in Ukraine, Trading Hub Europe was among many to announce new liquidity requirements. KfW IPEX-Bank was one of a syndicate of banks that provided backing in order to ensure the continued operation of the entire German market area.