Rising costs driving German industry to relocate abroad, survey finds

NAMPA / DPA

2025-03-17

Berlin (dpa) - Industrial companies are increasingly relocating production abroad to cut costs, according to a survey by the German Chamber of Industry and Commerce (DIHK). The business lobby group's survey of about 1,700 firms found that 35% cited cost reduction as their reason for foreign investments, marking the highest level since the 2008 financial crisis. "If companies are increasingly moving abroad because high energy costs, crippling bure......

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