Nearly Half of German Industrial Firms Plan Overseas Expansion

Amid economic challenges, many companies are looking abroad for better opportunities, risking job losses at home.

An EY survey reveals that 45% of German industrial companies intend to establish new locations outside Germany.
Only 13% of firms plan to invest in new sites within Germany, highlighting a domestic investment decline.
29% of companies are considering relocating jobs abroad, with only 4% planning to bring jobs back to Germany.
84% of surveyed managers view the current economic situation in Germany negatively, citing bureaucratic hurdles and a skills shortage.
Industry leaders emphasize the need for more emphasis on STEM education to address the skills gap.