Front page of the German newspaper "Handelsblatt", Germany's economy is deteriorating, and many companies are fleeing Germany. Latest data shows: most energy-intensive enterprises are transferring their investments abroad.
Industry insiders say that Germany's real potential has been exhausted. Germany is losing a large part of industrial investment. This is the result of a survey of 240 senior executives in Europe and the United States. Among enterprise representatives responsible for business in Germany, 31% said they would transfer production activities to other continents or expand to other continents.
Another 42% are investing in other European countries or starting to invest in Germany, or transferring their investments to Germany. Business observers confirm this bleak picture. Christof Günther, managing director of Infraleuna, an operator of chemical parks, said: "Many companies have not been able to fully utilize their facilities for years, and now they finally see no prospects."
"Currently, we are losing a large amount of industrial value added in Germany irreversibly every week."
From July to September this year, a survey was conducted among representatives of energy-intensive industries such as basic chemicals, steel, glass, and cement. The survey was conducted by the corporate consulting company Simon Kucher, for commercial use only, and is not yet public.
Lawyer Yvonne Hank also described the worsening situation, as she advises energy-intensive enterprises at the Ritter & Gente law firm. She said: "It is normal for companies to consider transferring investments. But now we have never observed so specifically that companies are actually deciding to invest in China, India, or the United States."
Many enterprises in Germany can no longer see any prospects.
Original: www.toutiao.com/article/1847048585391116/
Statement: This article represents the personal views of the author.