DAX 40
26 companies
Volkswagen
Automotive
Volkswagen's Dieselgate scandal - 11 million vehicles with emissions-cheating software, $33 billion in fines - wasn't a technical failure. It was the...
SAP
Enterprise Software
The German software giant that maintained perfect apical dominance for 20 years - then nearly died because it couldn't prune fast enough. SAP was fou...
Siemens
Industrial/Medical Equipment
Siemens is a 177-year-old German industrial conglomerate that demonstrates how large organizations scale without collapsing under coordination costs....
Adidas
Consumer Goods
Adidas is a global leader in the sporting goods industry, designing and manufacturing athletic footwear, apparel, and accessories, combining performan...
Allianz
Insurance
Allianz is one of the world's largest insurance and asset management companies, serving approximately 125 million customers globally with property-cas...
BASF
Chemicals
BASF is the world's largest chemical producer, creating chemistry solutions for nearly every industry including automotive, agriculture, construction,...
Bayer
Pharmaceuticals
Bayer is a global life science company with core competencies in healthcare and agriculture, developing innovative products in pharmaceuticals, crop s...
BMW
Automotive
German automotive manufacturer that partnered with Henkel on adhesive co-development for automotive lightweighting. The BMW i3 extensively uses adhesi...
Deutsche Bank
Banking
Deutsche Bank is Germany's largest bank and a leading global financial services provider, offering investment banking, corporate banking, and asset ma...
Deutsche Börse
Financial Services
Deutsche Börse operates the Frankfurt Stock Exchange and provides market infrastructure for trading, clearing, and settlement of securities and deriva...
Deutsche Post DHL
Logistics
Deutsche Post DHL Group is the world's leading logistics company, providing international express delivery, freight transportation, and supply chain m...
Deutsche Telekom
Telecommunications
Deutsche Telekom is one of the world's leading integrated telecommunications companies, providing mobile and fixed-network services through its T-Mobi...
E.ON
Energy
E.ON is one of Europe's largest energy companies, focusing on energy networks and customer solutions including electricity and gas distribution with e...
Henkel
Chemicals/Adhesives
German multinational producing adhesives, laundry detergents, and beauty care products with €21.6 billion revenue (2024). Henkel exemplifies B2B mutua...
Infineon
Semiconductors
Infineon Technologies is a global leader in semiconductor solutions for automotive, industrial, and security applications, enabling energy efficiency...
Knorr-Bremse
Industrial
Engineers braking systems as nervous system reflexes for trains and trucks, where sensors detect danger and trigger automatic responses faster than co...
Mercedes-Benz
Automotive
Mercedes-Benz is a leading global manufacturer of premium and luxury vehicles, renowned for innovation, safety, and design excellence, with a strong f...
Merck KGaA
Pharmaceuticals
Merck KGaA is a leading science and technology company operating in healthcare, life science, and electronics sectors, combining pharmaceutical innova...
Munich Re
Reinsurance
Munich Re is the world's largest reinsurance company, providing risk management solutions to insurance companies globally and operating primary insura...
Porsche
Automotive/Luxury
German luxury sports car manufacturer mentioned as performance comparison to Ferrari. Porsche 911 Turbo ($175,000) achieves comparable 0-60mph times a...
Puma
Consumer Goods
Puma is a global athletic brand designing and manufacturing sportswear, footwear, and accessories, blending sports heritage with contemporary design a...
Rheinmetall
Defense
Rheinmetall is a leading German defense and automotive technology company, providing military equipment, defense systems, and automotive components.
RWE
Energy
RWE is a leading European utility company focused on renewable energy generation including offshore and onshore wind, solar, and hydroelectric power.
Siemens Energy
Energy Technology
Siemens Energy is a global energy technology leader focusing on power generation, transmission, and storage solutions including gas turbines, wind tur...
Siemens Healthineers
Healthcare Technology
Siemens Healthineers is a leading global medical technology company providing diagnostic and therapeutic solutions including imaging, laboratory diagn...
Zalando
E-commerce
Zalando is Europe's leading online fashion and lifestyle platform, offering products from thousands of international brands to millions of customers i...