The Germany’s Chamber of Commerce and Industry (DIHK) concludes from a poll among member companies: “The confidence of German business in energy policy has currently sunk to a low point,” said DIHK Deputy Managing Director Achim Dercks on Aug. 29. “Worries about their own competitiveness have never been greater,” he was quoted as saying by RT in a report today. (https://www.rt.com/business/582166-german-companies-invest-abroad/)
The research from DIHK’s Energy Transition Barometer 2023 that Dercks presented showed that the number of companies that consider leaving the country is on the rise. Almost one-third of industrial companies are planning to relocate production abroad or to reduce it domestically. That figure is double the 16% of a year ago. Among them, 5.2% have already implemented measures to relocate or to cut production; 10.5% have measures in progress, and 16% have plans already in place.
