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Saxony-Anhalt: Concerns of entrepreneurs: "In view of the AfD rhetoric, no foreigner can feel welcome"

Founders and entrepreneurs from Saxony-Anhalt are pragmatic, many others see in the AfD strength primarily a need for action in Berlin. The impact on skilled workers is causing concern.

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Saxony-Anhalt: Concerns of entrepreneurs: "In view of the AfD rhetoric, no foreigner can feel welcome"

Entrepreneurs from Saxony-Anhalt are calm about the recent state election results, in which the AfD achieved a historic victory. Simon Schandert, CEO and co-founder of battery storage specialist Tesvolt, hopes that economic pragmatism will prevail. Tesvolt has invested €23 million in a new logistics and technology centre in Wittenberg, a commitment to the region.

Christian Vollmann, a serial entrepreneur, notes that the high voter turnout shows that democracy is functioning, but the impact of the election on Saxony-Anhalt's start-up scene is yet to be seen. The state lags behind the national average in terms of start-up activity, with only 30 new companies founded in 2015, compared to around 3600 nationwide.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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