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Economy in the Oberland: Almost 20 percent of companies are dissatisfied - IHK calls for an “end to the flood of bureaucracy”

2024-02-29T06:04:36.600Z

Highlights: Economy in the Oberland: Almost 20 percent of companies are dissatisfied - IHK calls for an “end to the flood of bureaucracy”. “Unfortunately, the mood has not improved at the beginning of the new year’s new year,” says Klaus Bauer, spokesman for the Munich Chamber of Commerce and Industry (IHK) “The economy continues to face difficult times,’ says Bauer. The Central Association of German Crafts (ZDH) demonstrated against excessive bureaucracy on Monday.



As of: February 29, 2024, 6:55 a.m

By: Carl Christian Eick

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The Central Association of German Crafts (ZDH) demonstrated against excessive bureaucracy on Monday in front of the Federal Chancellery in Berlin with empty file folders.

According to the Chamber of Commerce and Industry (IHK), many companies in the Bad Tölz-Wolfratshausen district complain about the same thing.

© Carsten Koall/dpa

According to the Chamber of Commerce and Industry for Munich and Upper Bavaria, there is a bad mood in the economy of the Bad Tölz-Wolfratshausen district.

Bad Tölz-Wolfratshausen – “The economy in the Oberland continues to face difficult times.

“Unfortunately, the mood has not improved at the beginning of the new year”: This is reported by Klaus Bauer, spokesman for the Oberland Region Forum of the Munich Chamber of Commerce and Industry (IHK).

According to him, the regional IHK economic index is stagnating at 103 points “and is therefore still well below the long-term average of 119 points”.

Economy in the Oberland: Almost 20 percent of companies are dissatisfied - IHK calls for an “end to the flood of bureaucracy”

The reluctance to consume by private households, structural locational disadvantages such as uncompetitive energy prices, a lack of skilled workers and excessive bureaucracy: According to Bauer, these are the reasons for “acute dissatisfaction and skepticism” among entrepreneurs.

They would rate their current business situation even worse compared to the last survey in autumn: Overall, 44 percent of companies describe their situation as good, according to the IHK press release, and “18 percent are dissatisfied”.

In the fall the ratio was 41 percent to twelve percent.

Companies would continue to complain about a variety of burdens that are hampering business - although the drama is subsiding.

“59 percent complain about strong price increases for energy and 58 percent about strong price increases for raw materials and goods,” said the spokesman for the IHK Forum Oberland.

According to Bauer, this was still 69 and 66 percent in the fall.

The problem of the general lack of demand has worsened since the beginning of the year and now affects 55 percent of all companies in the Oberland.

Almost half of the companies continue to see the staff shortage as an acute problem.

According to the Chamber of Commerce and Industry, the pessimism regarding business expectations remains unbroken: only 15 percent of companies expect their business to improve and 31 percent expect it to worsen.

In keeping with the pessimistic expectations for the coming months, all risk factors were mentioned at least as often or even more often than in the autumn.

“The risk front is getting even bigger,” says Bauer.

The economic policy framework is not only the most frequently mentioned risk, but is also increasing the most of all risks - namely from 63 percent to 70 percent.

According to the IHK, the risk factors energy and raw material prices (61 percent) and the labor shortage (61 percent) remain at a high level.

Less investment and hiring: “The economy continues to face difficult times”

The investment plans were able to defy the overall Bavarian downward trend last autumn, reports Bauer, “but they are now adapting”.

Only 18 percent of entrepreneurs planned to expand their investments and 20 percent planned to reduce them.

19 percent would forego investments in the foreseeable future.

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Keyword employment plans: The number of companies in the Oberland that want to hire staff is constant at 15 percent compared to autumn 2023, while 23 percent want to cut jobs, according to the IHK.

“The economy in the Oberland continues to face difficult times.

“Unfortunately, the mood did not improve at the beginning of the new year,” says Bauer, summarizing the survey results.

“This is not good news and must be a clear signal to everyone that more support is needed for entrepreneurs.” The “desire for entrepreneurship” is noticeable, but better economic policy framework conditions are needed.

Bauer: “Firstly, there needs to be an end to the flood of bureaucracy and a stop to new requirements and reporting obligations for companies.

Instead of regulating everything on a small-scale basis, the credo must be: 'Just let the companies do their thing!'”

There is also a need for a tax policy that enables more private investment “to advance the location”.

The third measure: “More speed in the energy transition,” said Bauer.

This also means involving citizens at an early stage when planning energy projects in the region, explaining the advantages of domestic energy production transparently and aggressively “and involving local communities and local citizens financially.”

For its economic report in mid-January, the Chamber of Commerce and Industry surveyed companies in the four districts of Bad Tölz-Wolfratshausen, Garmisch-Partenkirchen, Miesbach and Weilheim-Schongau.

The report is published three times a year.

By the way: Everything from the region is also available in our regular Wolfratshausen-Geretsried newsletter.

Source: merkur

All news articles on 2024-02-29

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