Germany is becoming less attractive as a business location

New York, Dusseldorf Germany as a business location is becoming less attractive to foreign investors. In a current survey by the American Chamber of Commerce in Germany, the 50 largest US companies nationwide only gave the location a grade of 2.7 – two years ago they had given an average of 1.9.

Above all, the upheavals on the energy market caused by the conflict with Russia are deterring investors: high energy prices and fears of a lack of gas supplies are jeopardizing investments in Germany. “We are worried about possible supply gaps,” says a prominent representative of a US company who does not want to be named. But investors are also worried about a lack of skilled workers and deficiencies in the infrastructure.

The criticism carries weight: The 50 largest US companies in Germany employ 275,000 people in this country and have a turnover of 218 billion euros.