Siegfried Russwurm, president of the Federation of German Industries (BDI), announced that skyrocketing energy costs are driving German companies to consider relocating operations abroad. Reports show electricity prices for next year have risen 15 times, and gas prices have increased tenfold. Small and medium-sized businesses face particular challenges, with some forced to cancel or reduce orders.
Siegfried Russwurm, president of the Federation of German Industries (BDI), announced that skyrocketing energy costs are driving German companies to consider relocating operations abroad. Reports show electricity prices for next year have risen 15 times, and gas prices have increased tenfold. Small and medium-sized businesses face particular challenges, with some forced to cancel or reduce orders.
Siegfried Russwurm, president of the Federation of German Industries (BDI), announced that skyrocketing energy costs are driving German companies to consider relocating operations abroad. Reports show electricity prices for next year have risen 15 times, and gas prices have increased tenfold. Small and medium-sized businesses face particular challenges, with some forced to cancel or reduce orders.
Siegfried Russwurm, president of the Federation of German Industries (BDI), announced that skyrocketing energy costs are driving German companies to consider relocating operations abroad. Reports show electricity prices for next year have risen 15 times, and gas prices have increased tenfold. Small and medium-sized businesses face particular challenges, with some forced to cancel or reduce orders.