The German economy's need for transformation continues to ensure full order books 📖 🌐 Global players in consulting are growing in single digits - driven by less dynamic development in the USA and Asia. 📈 The Federal Association of German Management Consultancies (BDU) are still forecasting growth of 7.2%.
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CALL TO ACTION!! We would appreciate it if you could take about five minutes to complete the online questionnaire, the questionnaire will be available till October 13th. https://lnkd.in/gMmpczy3 Uncertainty about the development of the global economy persists - high inflation rates, a rise in interest rates and increasing trade barriers are affecting international business. To be able to demonstrate the current challenges for German companies but also the successes in international business, the global AHK network regularly conducts a survey on the economic situation and future expectations. The survey is anonymous, the collected data will not be stored by name. #Internationalbusiness #german #irish #germanchamberabroad #AHK
Herzlich willkommen beim AHK World Business Outlook!
ahk-survey.webtop.de
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Senior Account Executive DACH at Rimini Street - Trusted Partner * Strategic Advisor * Possibility Thinker
The mood in the SME sector in GER is worse than it has been since the financial crisis 15 years ago. The corresponding business climate index for assessing the economic situation fell to minus 1.4 points in the spring, according to a survey of around 1,250 small and medium-sized companies published on Tuesday by Creditreform Wirtschaftsforschung. This is the first time since spring 2009 that the sector has recorded a predominantly negative mood.
Geschäftsklimaindex: Umfrage – Stimmung im Mittelstand schlecht wie seit Finanzkrise nicht mehr
msn.com
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The positive mood in US business continues Once a year, the subsidiaries of German companies in the USA are asked to assess the situation. The current GABO (German American Business Outlook) of the German Chambers of Commerce Abroad (AHK) once again describes a very positive mood. For most companies in the USA, the size of the market, its stability, and customer demand and proximity still play a role. Incentives such as the Inflation Reduction Act (IRA) of the Biden-Harris administration are also positive. Many local companies are currently considering further investment or expansion. Important findings of the AHK survey: 99.5 percent of German companies are not predicting a recession for the US economy this year; 91 percent expect their net sales to grow In the next three years, 96 percent of respondents are planning investments in the USA; over 40 percent more than USD 5 million; 30 percent more than USD 10 million. 72 percent plan to expand their workforce in 2024, with 91 percent reporting difficulties in recruiting. By 2028, 82 percent expect their workforce to increase. Concerns about US inflation, market uncertainty, supply chain and trade tensions are easing ahead of the 2024 US election. For 67 percent of companies, the US market is either significant or dominant for global profit margins. The growth of German subsidiaries in the US has led to a net increase in manufacturing, employment and R&D investments in Germany.
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📢 Exciting News: Our latest economic report on the US economy is now available! Explore comprehensive insights and a detailed analysis of the latest developments in the #USeconomy relevant to Austrian companies. Dive into the figures, trends, and analyses that illuminate the rise of the USA as a crucial market for #austrianexports. Don't miss out—discover all the details on our dedicated webpage: https://lnkd.in/gQRHGY4e 👉 Download the latest version of the report here (only available in German language): https://lnkd.in/g-4qXV8q #USAWirtschaftsbericht #USMarketInsights #USEconomicReport Peter Hasslacher Lukas Zitz ADVANTAGE AUSTRIA Mariella Marx Eliot Leadem Victoria Liedl Verena Erhart Katrin M. Ivonne Carpio Anke Ray
USA: Wirtschaftslage
wko.at
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AUSTRIAN CIRA PUBLISHED OUR LATEST FY2023 MARKET ANALYSIS We are very grateful to the Austrian investor relations society CIRA for publishing our latest FY2023 market commentary “Finding the Crystal Ball for Economic Recovery?”. This was exactly a week after we went live with the official release on our corporate website and is hopefully of help to all those still preparing their FY2023 results release over the next few weeks. https://lnkd.in/dBFVJVez With Austrian inflation being among the highest in Europe and exceptional union power leading to excessive wage demands in recent months, a number of ATX companies released not only profit warnings in recent weeks (AT&S, voestalpine, Verbund) but also structural cost reduction programmes (Pierer Mobility, Palfinger) and a more subdued outlook (Agrana, OMV). While financing costs have gone up in the current rate environment, others had to announce capital increases as they had either engaged in massive investment programmes before the interest rate pivot (Lenzing, AT&S) or had to proactively address working capital requirements (Rosenbauer). With the collapse of the Signa empire causing reputational damage for other corporates in Austria and elsewhere, it is not only interesting to follow recent changes at Supervisory Board level of Austrian companies (STRABAG), but what various financial institutions had to say about their exposure to the business adventures of Rene Benko. In stark contrast to the conclusion the likes of Julius Baer have come to in recent days, Austrian banks have so far largely avoided to discuss their involvement, often hiding behind the legal claim that they can’t discuss “individual cases” (Bawag, RBI). Whereas Austria has not necessarily been exposed yet to the type of massive disruption through militant strikes neighbouring Germany had witnessed in recent months, it is interesting to hear senior executives’ estimates of annual wage inflation, ranging from anything between 8% (Bawag) to 10% (Palfinger). In turn, another common number quoted is that of a 10% reduction of FTEs in Austrian factories (Zumtobel, Pierer Mobility, voestalpine), which senior executives often bring in direct connection with the increasing loss of industrial competitiveness (Stefan Pierer, CEO of Pierer Mobility, at the FY2023 preliminary results analyst call on 29 January 2024). For a copy of our original publication on 5 February 2024, see: https://lnkd.in/d8ZPjw-Y
Wissen - CIRA
https://cira.at
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https://lnkd.in/eyqYBeiY The Vision of a Holistic Economy February 22, 2024|(HRV) & holist. Health, Consciousness/Spirituality, Health/Wellness, Personal Development, Science - External Blog NEW : Our Group: Unsere Gruppe: ConsciousnessProduction ... Consciousness from scientific, philosophical and spiritual perspective / ConsciousnessProduction ... Bewusstsein aus wissenschaftl., philosoph. und spiritueller Sicht https://lnkd.in/duDUHXmd The Vision of a Holistic Economy: A Path to a Sustainable Future In a world struggling with social, economic and environmental problems, conventional economics has reached its limits. But there is an alternative vision that gives us hope for a sustainable and just future: The Holistic Economy The holistic economy considers the well-being of people and nature to be inextricably linked. Rather than focusing solely on short-term economic gains, it focuses on long-term sustainability and equity. This means that economic decisions are evaluated not only on the basis of their immediate benefits, but also on the basis of their long-term impact on society and the environment. A central principle of the holistic economy is the recognition of the interdependence of all areas of life. This means that economic decisions cannot be considered in isolation, but always in terms of their impact on the environment, society and individual well-being. For example, investments in renewable energy can not only help combat climate change, but also create jobs and improve people's health. Another important aspect of the holistic economy is the promotion of social justice and inclusion. This means that all people should have equal opportunities to reach their potential, regardless of their social status or background. This requires measures such as fair wages, access to education and health care, and the fight against discrimination and inequality. The holistic economy is not a utopian fantasy, but a realistic vision for the future. More and more companies and governments are recognizing the need for a holistic approach and implementing concrete measures. By working together on a holistic economy, we can create a world that puts the well-being of people and nature at the center... continue @ Consciousness Production "ConPro.Blog" https://lnkd.in/eyqYBeiY
Die Vision einer Holistischen Wirtschaft
conpro.blog
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Wirtschaftstag 2024: Key Discussions and Insights LFT proudly participated in the Economy Day / Wirtschaftstag 2024, organized by the Wirtschaftsrat der CDU e.V., on June 11-12. The event marked 75 years of the German Constitution and Social Market Economy, as well as over 30 years of the European Single Market. With a focus on the future economic and competitive strength of Europe, it was a platform for high-level discussions between political and business leaders, including notable figures like Friedrich Merz, CDU/CSU-Bundestagsfraktions-Chef, and Dr. Marco Buschmann, Federal Minister of Justice. Christian Meyer and Melanie Luongo represented LFT at the event, where the tense economic situation in Germany was a major topic of discussion. LFT had the opportunity to engage in conversations addressing the current challenges in the automotive sector. These discussions underscored the need for strong economic policies and the right framework conditions to drive innovation and growth. We extend our gratitude to the Wirtschaftsrat der CDU e.V. for organizing this impactful event and look forward to continuing these important dialogues. #Wirtschaftstag2024 #SocialMarketEconomy #EconomicFuture #AutomotiveIndustry #EUCompetitiveness #LFT
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GERMAN DIRK PUBLISHED OUR LATEST Q1’2024 MARKET RESEARCH We are very grateful to the German investor relations society DIRK for publishing our most recent Q1’2024 market commentary “A More Cautionary Tale Amidst Stagflationary Shocks”. This was exactly a week after we had officially released the document on our corporate website and is hopefully of help to all those still preparing their Q1’2024 results release over the next few days. https://lnkd.in/dadwgVNT German listed companies have been an interesting theme within the broader investor debate on “divergence”, whether this relates to the valuation gap between US and European companies (as more and more European corporates are looking into a NYSE listing), a different level of productivity gains and interest rates between the US and Europe or simply the strong US-dollar in relation to other major currencies. Within this current investor debate, there has been a discussion during the Q1’2024 reporting season about a “tale of two Europes” (Jane Fraser, CEO of Citigroup), with Germany as the weakest economy at one end and some Southern European markets already enjoying an economic recovery (Spain, Portugal, Greece). More importantly, as more and more European companies currently investigate a primary listing in the US (Shell, TotalEnergies) and/or list their US operation at NYSE (Holcim), German companies were frequently challenged at the Q1’2024 analyst Q&A sessions what structural changes they are planning at Group level to improve their valuation, with DHL Group being asked whether they would consider a spin-off of their ailing German postal & parcel business. Similarly, Lufthansa extensively complained about their low valuation, which is something unusual at a public call and certainly not very much liked by professional fund managers, who prefer to have their own view and not being told by senior management. Finally, and perhaps representative for the current discussion in Germany, the new CEO of Bayer, Bill Anderson, summarised the structural issues of the company at their 2024 Capital Markets Day on 5 March 2024 being the bureaucracy – at all layers – with the “organisation being trapped in rules and hierarchy” and with “virtually all competitors (being) ‘pure play’”. For a company which had aimed to get on top of the global league through acquiring Monsanto only a few years ago, this has been a very tough reckoning. For a copy of our original publication on 1 May 2024, see: https://lnkd.in/dwBeNnu3
IR-Wissen › DIRK - Deutscher Investor Relations Verband
dirk.org
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The BDI - Bundesverband der Deutschen Industrie e.V. Day of Industry (#TagderIndustrie) in Berlin highlighted key concerns about Germany's location policy. Industry leaders stressed the urgent need for a more supportive environment for businesses to thrive in a rapidly evolving global landscape. BDI President Siegfried Russwurm rightly said: "We need a policy that not only removes obstacles for our companies, but also builds bridges to be globally successful". It's vital for Germany, Europe and all global citizens that the elected politicians finally create and implement strategies that help enhance our infrastructure, reduce bureaucracy, and foster innovation. Together, we also need to ensure that Germany remains a leader in industrial excellence and does not get stifled further by overregulation and political as well as trade barriers. #TagderIndustrie #BDI #Innovation #Standortpolitik ©Imago/Frank Ossenbring ©BDI
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🌍 Real Estate Broker / Owner @ Frost International Real Estate, 1 of 1st REALTOR®s in Poland 🔑 Residential and Commercial Real Estate Brokerage in Poland and internationally 🔗 On and Off Market Transactions
On February 8, 2024, leaders and experts gathered in Warsaw, Poland (Sheraton Grand Warsaw) for the EEC Trends conference. During the event, we addressed key topics concerning the Polish economy. Speakers created recommendations for politicians, in the areas of: - Polish economy 2024+ - Transformation of the energy sector - Sustainable economy - Investment financing - Infrastructure and construction - Law, business and the economy I encourage you to read the articles and watch the sessions - the link below. EEC Trends provides a platform for dialogue, anticipation and analysis of major trends. This discussion will continue at the 16th European Economic Congress (Europejski Kongres Gospodarczy) in Katowice, Poland (May 7-9, 2024) - the largest business event in Central Europe. #eectrends #eec Grupa PTWP #poland #europe #economictrends
EEC Trends 2024 | 8 lutego 2024 | Warszawa
trends.eecpoland.eu
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