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[Opinion] Business Associations Complain About Weakening the Location

Summary by stern.de
Climate protection yes, but at what price? The Hamburg Industrial Association warns against production relocations and job losses after the successful referendum on climate protection.The successful referendum on Hamburg's advanced climate neutrality will weaken companies based by business associations. "Production relocations and job losses of our competitive global companies can no longer be ruled out," said Andreas Pfannenberg, Chairman of th…
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Hamburg (dpa/lno) – The successful referendum on Hamburg's advanced climate neutrality will, according to the opinion of business associations, weaken established companies. "Production shifts and job losses of our globally competitive companies can no longer be ruled out," said Andreas Pfannenberg, Chairman of the Board of Management of the Hamburg Industry Association. "It is to be feared that the Hamburg location will fall back due to these u…

Climate protection yes, but at what price? The Hamburg Industrial Association warns against production relocations and job losses after the successful referendum on climate protection.The successful referendum on Hamburg's advanced climate neutrality will weaken companies based by business associations. "Production relocations and job losses of our competitive global companies can no longer be ruled out," said Andreas Pfannenberg, Chairman of th…

·Germany
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stern.de broke the news in Germany on Sunday, October 12, 2025.
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