Minus points costs and taxes
Abroad can gain a lot of positive location
High costs, expensive energy, lots of bureaucracy – many see Germany on the descending branch. But the judgment of foreign companies is not that bad, a global study shows.
Expensive and over -regulated, but economically attractive: Foreign companies look at the location of Germany with mixed feelings – and do not judge him as badly with all criticism. This is shown by a study by the federal business development agency Germany Trade & Invest (GTAI), which is available to the German Press Agency. Around 1,800 companies from Great Britain, France, the USA, Japan and South Korea were interviewed for them.
“Germany is over-regulated, the tax and tax burden is too high, German as a language is rather difficult to learn, the energy costs and the energy transition are challenges,” summarizes the GTAI. “On the other hand, Germany is an economically stable and large market that offers great potential.” From the point of view of the respondents, the qualified specialists, the innovative strength and functioning legal framework conditions are also positive.
The bottom line is that around 60 percent of those surveyed find that Germany has a good infrastructure as well as good scientific institutions and production conditions.
Presentation of Germany: disciplined, serious and the cars
The study also shows that traditional judgments about Germany and its virtues are widespread abroad. When thinking about Germany, the economic strength and stability spontaneously be mentioned, it says. “In second place is the innovative strength, followed by the qualified workers and the work discipline.” Many foreign managers also think of the heavy German language, seriousness and quality as well as the auto industry.
Managers who are responsible for expansion decisions were interviewed for the analysis. “So far there has been no such broad and comprehensive study on Germany,” said Julia Braune, first managing director of the GTAI.
German language as a hurdle
The location of Germany is strongly criticized by business associations. According to a survey by the IFO Institute, German economic experts only see the location in the European midfield. Almost 80 percent believe that Germany has become less attractive in the past ten years.
The picture is shared in the GTAI survey: among the strengths, the most frequently mentioned economic stability and potential (14 percent), followed by specialists (10) and supply chains (10), the innovative strength (8) and the advantageous geographical location (7).
In the weaknesses, the respondents mostly called the high operating and wage costs (14), linguistic and cultural differences (9), over-regulation (8) and the high tax load (7).
dpa
Source: Stern
