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Thuringian firms compelled to take a giant step – “a warning signal for the long run”

How is it within the financial system? Thuringia that is in all probability one of the vital necessary points within the election marketing campaign for the state elections in September. There is no such thing as a doubt that many companies have been hit by the various crises in recent times. Though some firms may also profit, hardly every week goes by after we do not learn concerning the subsequent firm that has run into monetary difficulties.

Within the Thuringian area, a number of firms at the moment are compelled to take drastic measures. Virtually each second firm is affected. The request from the Chamber of Commerce and Trade (IHK) is evident.

Thuringia: Horrible penalties

On the subject of assessing how firms themselves assess their future prospects, willingness to speculate is a vital indicator. A current report from the Chamber of Commerce and Trade of East Thuringia is unlikely to trigger a lot optimism within the sector, as a number of firms need to maintain again on this regard sooner or later.

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In accordance with the IHK Ostthüringen, each second particular person desires to cut back their funding spending within the coming months or to not make investments in any respect. The explanations for this are cautious enterprise expectations and uncertainty about how orders will develop. This emerges from a research by the IHK Ostthüringen itself. About 1,100 firms within the sector have been surveyed.

A transparent request from the IHK

Due to this fact, firms additionally complain about “unfavorable financial coverage circumstances”. Specifically, for instance, loads of forms and lengthy approval procedures. Maybe that’s the reason solely 13 p.c of firms stated they wished to speculate extra sooner or later. The funding funds ought to stay secure at 32 p.c.

“The reluctance to speculate is obvious in all sectors and firm sizes, however significantly in retail, the place round two-thirds of these surveyed make investments much less or under no circumstances in any respect sooner or later, in addition to in enterprise,” says Almut Weinert. She heads the “Financial system and Know-how” division on the IHK Ostthüringen. She is satisfied: “There may be extra to investing confidence than only a weak financial degree.


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In her opinion, the legislature should “take steps as quickly as attainable” – in any respect political ranges. From the angle of the IHK, each the state, the federal authorities and the EU needed to reply. The affiliation desires sooner planning and approval procedures, a discount in forms and tax reduction.

2024-07-29 15:32:10
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