German companies are continuing to move abroad — and that applies to businesses of every size. According to press reports
According to the data, around 1,300 German companies with more than 50 employees relocated business functions abroad between 2021 and 2023. That’s equivalent to 2.2% of all companies of that size based in Germany in 2023.
You must log in or # to comment.
So the whole already shitty narrative of saving the “Standort Doitschland” is a sham anyhow. Who’d’a thunk it.
Obviously some will do that and it is normal to do so. Foreign companies are also moving things to Germany as well. It is also really important to just be honest with where the German economy stands right now. Probably the biggest story is that the baby boomers are starting to retire about now. At the same time a lot of infrastructure needs a lot of investment and some industries like the car industry have serious issues. Add to that a massive market in the US closing down, which obviously hits the German export oriented business model badly.
There are solutions to all of this and honestly the situation is not that horrible. Some industries do quite well and founding of new companies is at an all time high as well. So there is clearly adaption. Higher infrastructure spending and a positive vision for the future is really badly needed though.
It is also really important to just be honest with where the German economy stands right now
Exactly where most of it stands for decades. It’s based on constant lobbying of “We want back to the 1980 at the very latest. Give public money so we can refuse any innovation and adapt legislation to stifle any competition for us. Thx, here are some board meberships in exchange.”
…and you think that 2% in 2 years are significant?
Anectdotical, my comp, 1000+ employees is saving 5% p.a. in germany (reducing personnel) and creating a new HQ in poland.
I think political insecurity is a driving factor. Politicians left and right are making more extreme claims every week and there is no middle anymore.
Also german law/guidelines and enforcements. The GDPR authority eyes german companies very closely. Its easy to hold you accountable if your assets are in the same country, same city as the authority office even. Harder to do if they are in another country. Poland is known to ignore eu law even. i feel like my comp is eyed more closely than meta and google just because of this. This is the same with Antitrust laws, consumer protection and their whole cease-and-desist industry. I get these are good laws but i feel like they are only applied to german companies. Noone cares about Amazon, Temu… but as a german comp you have the ever tangling sword of damocles above your head.
I don’t see left-wing politicians making more extreme claims. Theirs are reasonable.
Fascists however, are always without exception extreme, and their allies making fabrications more and more extreme, is planned. When capitalism becomes threatened, it will attempt to establish fascism.
Anti-trusts are great, what we need is to enforce them on foreign companies as well. If they don’t want that, the fines will increase and if they don’t pay nor change behaviour (and aren’t broken up to be independent nor nationalised), then bye bye, we establish our own.
You are talking to someone that seems to think ignoring the GDPR is ok because others do it as well, so don’t expect them to have a reasonable idea about industry regulation 🤷
Leaving an EU country for another EU country to avoid EU-wide legislation is a very good idea anywway…
I don’t see left-wing politicians making more extreme claims
That’s because you still live in reality. Most don’t. And their perception of left-wing is 100% based on what the right-wing mainstream media tells them.
If your perception of reality is created by the brain-numbing propaganda most are eating up 24/7 there are no actual left-wing policies anyway, just insane identity politics and in-fighting.
Poland is known to ignore eu law even.
And that makes it more stable somehow? Sheesh, what a brainfart of a comment.
