BASF CFO pushes for investment strategy for Germany - infrastructure and industrial conditions hinder development.

Der Finanzvorstand des Chemieunternehmens BASF, Dirk Elvermann, hat sich in einem Gespräch mit den Nachrichtenagenturen dpa-AFX und dpa über die mangelhafte Infrastruktur und unzureichende industrielle Rahmenbedingungen in Deutschland geäußert. Er fordert ein engeres Zusammenspiel von Politik und Wirtschaft, da viele wichtige Punkte wie Infrastruktur, Bildung, industrielle Rahmenbedingungen, Forschung und Entwicklung sowie die Energieversorgung aneinander vorbei diskutiert werden. Darüber hinaus beklagt er den starken Regulierungsdruck, dem die Wirtschaft ausgesetzt ist, sowie die Auswirkungen des jüngsten Bahnstreiks auf das Unternehmen.

Impact on the financial market

BASF CFO Elvermann's demands for a closer interaction between politics and business as well as an investment strategy and de-bureaucratization could have an impact on the financial market. If these demands are implemented, this could lead to a strengthening of the competitiveness of German companies. This could in turn lead to positive developments on the financial markets, as a strengthening of the economy could lead to increasing corporate profits and thus also to increasing share prices.

Impact on the chemical industry

BASF CFO Elvermann's statements about the challenges that chemical companies face due to regulatory pressure and infrastructure problems could also provide insight into the situation of the entire chemical industry. Should regulatory requirements be reduced and infrastructure improved, this could lead to easier business conditions and increased competitiveness. This could have a positive impact on the chemical industry as a whole.

According to a report by www.morgenpost.de,