German firms’ ‘Made for Germany’ investment initiative pledges €800 billion : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

FRANKFURT, July 21 (Reuters) – A German corporate initiative called “Made for Germany” on Tuesday said ‌its 139 member firms have committed to ‌invest more than €800 billion in the country through 2028.

• The ​investment project was first launched in July 2025 with 61 companies pledging €631 billion euros and was aimed at resuscitating investor confidence in Europe’s largest economy

• ‌It includes leading ⁠companies including Siemens and Deutsche Bank

• It was not clear what proportion of ⁠the investments were already planned, and which were new commitments

• Christian Sewing, CEO of Deutsche Bank, ​urged the ​government to pick up ​the pace of reforms

• “We ‌need more momentum. We need more courage. And we need it on a lasting basis,” he told journalists

• Asked about upcoming elections in eastern German states where the far-right AfD is ‌leading in the polls, Sewing ​said: “If we have an election ​in which, so ​to speak, extreme parties come to ‌power, that is absolutely negative ​for investors”

• ​Roland Busch, CEO of Siemens, in the same journalist briefing, called for more flexible working ​hours

• “People have ‌to work more in this country,” Busch ​said

https://ca.finance.yahoo.com/news/german-firms-made-germany-investment-090421039.html