Today: KNDS: Does the factory takeover fail? | The fuel discount and the economy
The tank builder KNDS is waiting for a large order - the clock is ticking for the 1800 employees in Brandenburg. And: German industries are affected by high diesel prices to this extent.
The German-French tank producer KNDS is seeking to take over a Mercedes plant in Brandenburg, but a large Bundeswehr order for new Boxer tanks is needed for the acquisition to proceed. The order has not yet been secured, and Handelsblatt reporter Markus Fasse discusses the reasons behind the delay in a podcast. The high cost of diesel is also affecting the German economy, with a tank discount set to be introduced on Thursday and a fuel price cap to follow in January.
The impact of expensive diesel on various industries is being assessed, with some sectors expected to be hit harder than others.
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.
