German energy prices have skyrocketed over the past year, leading several companies to consider relocating to cheaper locations. Siegfried Russwurm, the head of the German Industry Federation (BDI), stated that the energy situation is bad enough for companies to seriously consider relocating their operations.
Russwurm explained “A lot of family-owned companies... have very operational plans to relocate” due to the plethora of obstacles they are facing in Germany. While a lot of Germany-headquartered businesses are seeing success…Sky-High Energy Prices Propel German Corporate Flight
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