Germany Country Spotlight

Transkript

1 Germany Country Spotlight Ulf Schneider/Alex Stolarsky Managing Partner/Director for Legal, Compliance and Tax, SCHNEIDER GROUP St Petersburg, 10 November 2017 Business Breakfast

2 SWOT Analysis S - GDP/cap: 38 TEUR - Doing Business Rank 20 - Public Proficit 26 bn EUR - Diversified - Hidden Champions W - Demographic decline - Lacking IT infrastructure - Bureaucracy (# 133 Starting business ) - High nominal tax rates O - Not too expensive - Good quality of life - Export champion: 1207 bn EUR (2016) - Dual education - Public Proficit 26 bn EUR - Strong associations and institutions - Classic German virtues: Quality, Efficient T - Export champion: 1207 bn EUR - Education for skills Failed integration of refugees - Failure scandals: BER Airport, Diesel Gate 2

3 Political outlook after the elections New government coalition Jamaica in negotiation: Conservatives (CDU/CSU): Merkel, Altmaier, Kauder, Tauber Greens (Gruene): Goering-Eckardt, Özdemir, Peter, Kretschmann Free Democrats (FDP): Lindner, Kubicki, Beer, Lambsdorff Main disputed policy fields: immigration/integration, ecology and energy (coal exit) 3

4 Outlook for DE-RU relations New Bundestag lacks some prominent experienced Russia experts No full change of status quo in sight, but slowly resuming relations (visits of Steinmeier, Gabriel) 4

5 Main Industrial Centers $ - Ruhrgebiet, Stuttgart, Munich (Hightech, Automotive) - Rhein-Neckar (Chemicals, IT) - Frankfurt (Finance) - Nürnberg (Industry, Services) - Hamburg (Port, Aerospace) - Dresden, Jena, Leipzig (Hightech, Industry) 5 - Berlin (lobbying, creatives)

6 Germany s biggest companies (2016) Rank Sector Company Turnover (bn EUR) 1 Automotive Volkswagen 217,3 2 Automotive Daimler 153,3 3 Automotive BMW 94,2 4 Retail Schwarz Services 90,2 5 Technology, IT Siemens 79,6 6 Technology Robert Bosch GmbH 73,1 7 IT, Telecom Deutsche Telekom 73,0 8 Retail Lidl Stiftung 70,0 9 Energy Uniper* 67,3 10 Technology Audi 59,3 11 Retail Metro 58,4 12 Chemicals BASF 57,6 13 Logistics Deutsche Post 57,3 14 Retail Rewe Group 54,1 15 Retail Edeka Zentrale 49,6 6

7 Biggest companies HQs 7

8 Ulf Schneider Geschäftsführender Gesellschafter Das ausschließliche Recht am Inhalt dieser Präsentation, inklusive des Rechts zur Übersetzung, Wiedergabe, Überlassung, Verbreitung oder Verwendung dieser Präsentation, sowie Teile daraus, auf jeglicher Art, einschließlich des Rechts am Firmenlogo und dem Firmennamen SCHNEIDER GROUP, wie auch das Recht zur Veröffentlichung in ausgedruckter oder elektronischer Form in bestehenden und zukünftigen Publikationen in schriftlicher oder elektronischer Form, sowie das Recht zur Gewährung von Rechten an Dritte steht SCHNEIDER GROUP zu. Die Wiedergabe, Änderung, Überlassung oder Verbreitung oder Verwendung dieser Präsentation oder ihrer Teile, sowie des Firmenlogos oder des Firmennamens SCHNEIDER GROUP auf jegliche Weise ist nur nach schriftlicher vorheriger Genehmigung durch SCHNEIDER GROUP erlaubt und hat einen Verweis auf die Internetseite von SCHNEIDER GROUP und die Copyright-Genehmigung zu enthalten. SCHNEIDER GROUP 8

9 Alex Stolarsky Ulf Director Schneider for Legal, Compliance and Tax Managing Member of Partner the Board The exclusive right to the content of this presentation including the rights of translation, reproduction, transmittal, distribution and usage of the presentation and parts of it, in any way, as well as the rights to the company s logo and name SCHNEIDER GROUP, in existing and future publications in printed or electronic form, and the ability to confer rights to a third party belong to SCHNEIDER GROUP. The reproduction, alteration, transmittal or any distribution or usage of this presentation or parts of it, as well as of the company s logo or name SCHNEIDER GROUP in any way, need the written permission of SCHNEIDER GROUP in advance and shall be accompanied with the link to the SCHNEIDER GROUP website and reference to the copyright permission. SCHNEIDER GROUP 9

10 russland ukraine belarus kasachstan deutschland polen buchhaltung ERP import recht steuern

11 German business landscape (a) 11

12 German business landscape (b) Industry sector Employees Machinery IT, Telecom Electronics Automotive Foodstuff Chemicals Type of company % Mini-companies (<10 empl.; turnover < 2 mln EUR) 82,2 Small companies (<10 empl.; turnover<10 mln EUR) 145 Middle size companies 2,7 Big companies (>250 empl.; turnover> 50 mln EUR) 0,7 12

13 Foreign investment New foreign investment projects in 2016: new jobs announced Sector % of foreign companies Trade 29,6 Manufacturing 20,8 Services 20,7 Real estate 9,5 IT, telecommunications 7,7 Transports and Logistics 4,5 Construction 2,5 Energy + Water supplies 2,3 Tourism and hotels 2,0 Mining 0,4 Country FDI (Mio EUR) Netherlands Luxemburg UK USA Switzerland France Italy Austria Japan Sweden Russia (#17) Source: DIHK, data for 2015

14 SG Success stories First clients and still clients Returning clients From Germany to Russia into our other markets 14