German Firms Invest €631 Billion In The German Economy
8- 21.07.2025, 21:49
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Sixty-one companies have joined the Made for Germany initiative.
German Chancellor Friedrich Merz on Monday, July 21, welcomed the first results of the Made for Germany initiative launched by German businesses to develop the German economy. According to the initiative's authors, 61 businesses had backed it by July 21. Together, they agreed on investments worth 631 billion euros through 2028, DW reports.
Merz is in favor of investment from both government and business
Merz said at a meeting with the initiative's participants at the federal chancellor's office in Berlin that it was a "very strong signal" for "a change of mood in the country." By agreeing a €500 billion special fund, the German government has "paved the way for more economic growth and more investment."
But the investment Germany needs "can in no way come from public budgets alone," he continued. Much of it should be provided by private business, which in turn has clear policy expectations, the chancellor added.
Business Expectations from Policy
The Made for Germany initiative was launched by the heads of Deutsche Bank, Siemens, Axel Springer and FGS Global. German companies such as Allianz, Airbus, BASF, Bayer, BMW, Bosch, Eon, Henkel, Otto Group have also joined. Foreign participants include Nvidia, Apollo Global Management, Blackrock, Blackstone, KKR.
The meeting in Berlin on July 21 was attended, among others, by Siemens CEO Roland Busch and Deutsche Bank CEO Christian Seewing. The latter urged the government to continue on its reform course and promised that "an even larger sum will be added to the 631 billion euros." Bush said he expects politicians to "less regulation, more freedom for businesses, more room for innovation."
Investments from Made for Germany are to be directed, among other things, to research and development, notes the AFP news agency. There are also plans to give more access to private capital to medium-sized companies and startups so that they too can increase their investments.