Great Britain: British medium -sized firms see Germany as a sexy location | EUROtoday

The enterprise location Germany is within the pillory. Companies, associations and economists complain about poor framework circumstances virtually daily. Too a lot paperwork and regulation is the principle allegation, on the similar time too excessive prices for vitality and personnel, a crumbling infrastructure regardless of comparatively excessive taxes and lack of planning safety. “Germany does not come from the position,” criticizes Peter Leibinger, the brand new President of the Federal Association of German Industry (BDI). “The companies do not invest or far too little in Germany.”

Nicole Grünewald already speaks to “Business Insider” of a dein industrialization and explicitly blames the site visitors mild authorities. “More than half of our companies now say that they no longer have confidence in politics,” says the President of the Chamber of Industry and Commerce in Cologne, which is the fourth largest all through Germany with round 150,000 member firms. “We have never had that: the economy sees politics as a risk factor for Germany.”

Hard phrases – which aren’t traced overseas all over the place. At least not with medium -sized firms in Great Britain. Their view of Germany continues to be constructive. This is proven by a present survey by the Stack Data Strategy market analysis institute on behalf of the credit score supplier Iwoca. The bosses of 500 small and medium -sized firms have been interviewed – and the Federal Republic among the many ten largest economies on the planet see them as a sexy enterprise location with a top quality of life and political stability.

Fabian bursts can perceive that. “In Germany there is a tendency to perceive yourself worse,” says the managing director of Iwoca Germany and calls the time period “German Fear”. Yes, there are location issues. “Nevertheless, the market is still stable and attractive and offers opportunities.” As far as future progress alternatives are involved, the interviewed entrepreneurs from the island see solely Canada in entrance of Germany on the high 10 nations.

When it involves political stability, the Federal Republic, in flip, ends in third place, simply behind Japan and Great Britain itself. And there are additionally third place within the potentialities for wealth, the United States and Great Britain are forward. When it involves the most effective help for firms, the British medium -sized firms see Germany and China on paralfing, right here too they see the United States and Great Britain forward.

The incontrovertible fact that Iwoca British companies have requested is because of the origin of the FinTech firm, which was based in 2011 by a German and a British in London and is now lively in each nations. In Great Britain, the enterprise with fast loans is way more pronounced – as a result of there’s considerably much less competitors for lending, as bursts explains.

“The economic situation stabilizes”

In Germany, Iwoca competes – the corporate title is the abbreviation for “Instant Working Capital”, that’s, “immediate operating capital” – with a whole bunch of financial savings banks and folks banks. Iwoca guarantees fast cash of 1000 euros or kilos to at least one million, partly in minutes. The lender will be paid for this service with out a financial institution license with a considerably increased rate of interest.

Average prospects are small firms with fewer than 20 staff and a single -digit million gross sales. And there appears to loosen up the temper. “Despite the current challenges, we see positive signals: the economic situation is stabilizing and companies are investing again,” says Germany boss Breisen in comparison with the world.

“As a financing partner, we are currently experiencing every day that companies are looking for growth opportunities even in difficult times.” In any case, the failure charges of direct loans are comparatively low. “In Germany, the value is lower than in Great Britain.” The speech for financial stability too.

Breaks even have a view from the skin. Because the supervisor lives in London. And there the German training system in addition to the well being system are extremely regarded. “The criticism in Germany is often justified. If you see other systems abroad, a lot is put into perspective. ”In the survey, the British entrepreneurs reward the standard of life accordingly.

If they weren’t already lively in Great Britain, twelve % of the entrepreneurs surveyed wish to run their enterprise in Germany, the research, which isn’t guided, reveals and is due to this fact extra based mostly on perceptions. “For example, you don’t see how little digitally the public administrations are in Germany.”

When each economies, there are similarities, resembling the quantity of the inflation charge or the event of company insolvencies. In the gross home product, however, Great Britain fought out from the low in 2024, whereas Germany stays within the recession. And the unemployment charge can also be decrease on the island than on this nation.

Carsten Dierig is an financial editor in Düsseldorf. Among different issues, he experiences on commerce and shopper items, mechanical engineering and the metal business.