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| Europe |
| "Made For Germany" Is History: Covestro Caught In The Waves Of The Sell-Off |
| 2025-12-01 |
| [Thomas Kolbe via ZH] Abu Dhabi’s state-owned energy giant ADNOC has acquired nearly all shares of German chemical powerhouse Covestro. Germany is gradually losing its strategic position in critical industrial sectors. The sell-off is accelerating. Remember the big media spectacle "MADE FOR GERMANY" this past July? Chancellor Friedrich Merz staged a meeting with 61 corporate CEOs, proudly announcing supposed future investments of €631 billion. Even then, given the ongoing capital flight from Germany, it was clear that the event was mainly a media stunt — a sad attempt to distract the public from the real state of the German industrial base. SELL-OFF ACCELERATES Since that day, Germany’s industrial sell-off has not slowed — it has accelerated. Companies have already made their judgment: suffocating regulations, exploding compliance costs in the name of climate policy, and an administratively hostile environment have turned investments into a risk. In short: industrial production is being systematically and willfully strangled by lawmakers. Last week, German chemical giant Covestro grabbed the headlines. This time, it was Abu Dhabi’s ADNOC on a bargain hunt — Black Friday has become a daily routine.... |
| Posted by:DooDahMan |
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| Posted by: Grom the Affective 2025-12-01 09:35 |
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| Posted by: Elmerert Hupens2660 2025-12-01 08:59 |