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Schwarz Group invests 3.7 billion euros: A commitment to Germany!
Heilbronn: Family businesses will invest heavily in Germany in 2025. Schwarz Group creates jobs despite foreign trends.
Schwarz Group invests 3.7 billion euros: A commitment to Germany!
In the current tense economic situation, Germany, especially the Schwarz Group, continues to show remarkable stability. Loud Mercury The company, which includes the food discounters Lidl and Kaufland, has invested significantly in Germany in recent years and is optimistic about further developments.
The retail giant's current plans include investments of around 3.7 billion euros for 2025, highlighting Germany's important role as a location. The CEO of the Schwarz Group, Gerd Chrzanowski, considers Germany to be a sustainable location and reiterates that the investments have also contributed to the creation of 60,000 new jobs in the last ten years.
Schwarz Group continues to grow
In the 2024 financial year, the Schwarz Group achieved sales of 175.4 billion euros, which corresponds to an increase of 4.9 percent compared to the previous year. Branch expansion in Germany and Europe is part of this growth strategy, as shown by the opening of around 300 new branches. Of this new workforce, around 4,000 jobs were in Germany, while the total number of employees worldwide grew to around 595,000. The group's products also continued to sell well; Lidl increased sales by 5.3 percent, while Kaufland increased by 2.9 percent.
Despite this positive development, many German companies are observing the general economic situation with concern. According to a survey by the Association of German Chambers of Industry and Commerce (DIHK) on the attractiveness of Germany as a location, numerous companies are moving production steps abroad to escape high costs and taxes. DIHK reports that about 40 percent of companies plan to shift investments abroad, which represents a slight decrease from last year.
Challenges in Germany
There are repeated concerns about the economic policy framework in Germany. High energy prices and labor costs are considered a significant risk by 76 percent of companies. Geopolitical tensions and a weak economy also contribute to uncertainty. Companies are increasingly turning their attention to neighboring European countries or the USA in order to find favorable production conditions there.
The men from Herrenknecht, a mechanical engineering company, have already reacted and are increasing their investments abroad. CEO Martin Herrenknecht expresses his disappointment with the general conditions in Germany and emphasizes the need for urgently needed relief, especially with regard to energy costs.
In the midst of all these challenges, the Schwarz Group shows that it is still possible to invest successfully and create jobs in Germany. The coming years will show whether Germany will remain a location with its strengths in international competition or whether the migration trend will increase Black group explained. It remains exciting to see how the economic landscape in the Federal Republic will develop.