German Industry Fleeing High Energy Prices, Costs And Bureaucracy In Record Numbers
By P Gosselin on 23. March 2025
Soaring energy prices… regulations…35% of German companies say country is too hostile to business.
Blackout News here reports on how a growing number of German industrial companies are relocating their production abroad, driven by soaring energy costs, stifling bureaucracy, and an increasing tax burden.
As Germany gets greener, more companies are shuttering, moving out. Grok AI image.
A recent survey by the German Chamber of Industry and Commerce (DIHK) reveals that a staggering 35 percent of companies now cite cost reduction as the primary motivation for their foreign investments – the highest such figure since the 2008 financial crisis.
That’s worrisome news for the country, which recently voted for a change in recent national elections. However, chancellor candidate and election winner Friedrich Merz has since broken his major campaign promises and instead will pledged to further accelerate the destructive green policies and to pile on debt like never before.
German companies looking for business-friendlier environments
The DIHK reports that the traditional driver of tapping into new markets abroad now accounts for just 30 percent, and that instead the focus has sharply shifted towards securing economic advantages in locations with more favorable cost structures.
https://notrickszone.com/2025/03/23/german-industry-fleeing-high-energy-prices-costs-and-bureaucracy-in-record-numbers/
