Urgent.News

What's breaking now, across thousands of outlets.

Business

Standort in Gefahr: Absagen für den Investitionsgipfel: Unternehmenschefs kritisieren deutsche Industriepolitik

Die Bundesregierung wirbt mit dem „Invest in Germany“-Gipfel um Vertrauen und Geld internationaler Unternehmen. Doch viele äußern sich kritisch – Pharmachefs sagen sogar ihre Teilnahme ab.

Original German Read in English

Standort in Gefahr: Absagen für den Investitionsgipfel: Unternehmenschefs kritisieren deutsche Industriepolitik

In a matter of days before the critical investors' event organized by the German government in Berlin, the mood in certain sectors is not favorable. Several key energy laws have been pending for months, causing uncertainty among business owners. Additionally, healthcare sector cost-cutting initiatives are generating frustration.

Chancellor Friedrich Merz and his cabinet aim to convey that investments are welcome and Germany is an attractive location for such endeavors. To this end, they have invited domestic and international company executives to a summit titled "Invest in Germany" on Monday and Tuesday, providing them with an opportunity for one-on-one discussions with the Chancellor and ministers.

The timing is generally advantageous. Yves Meyer-Bülow, a partner at the infrastructure investor I Squared, notes, "Germany has the historic opportunity to reinvent its infrastructure as a competitive advantage. After two decades of insufficient public investments, there is a significant catch-up need." Roman Waleczek, managing director of the financial services firm Rothschild, adds, "Germany's industrial location offers significant investment opportunities, particularly in scaling and modernizing the economy. The 'Invest in Germany Summit' sends an important signal in this regard."

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

Arsenal edge Forest with late goal, Man United held by Leeds

Champions Arsenal needed a late goal from Noni Madueke, their only shot on target, to scrape a 1-0 win at Nottingham Forest on Sunday and remain three points behind Premier League leaders Manchester City. Brighton & Hove Albion’s Diego Gomez struck a sensational goal from inside his own half in a 5-0 rout of Crystal Palace on Sunday to…

Ruto hands over 2,157 affordable homes at Pioneer Estate in Eldoret

President William Ruto handed over keys to 2,157 homeowners at the Pioneer Affordable Housing Project in Eldoret City, Uasin Gishu County, on Sunday evening. The colourful ceremony was marked by fanfare, dazzling fireworks and inspiring testimonies from homeowners, construction workers and Jua Kali artisans who played a key role in the…

More from Monday 19 October →