German economy Minister Peter Altmaier (CDU) wants to, if necessary, to prevent an equity Fund hostile Takeovers of large companies by the state in Germany. “Only in very important cases, the state should be able to occur for a limited period of time even as the acquirer of shares in a company”, emphasizes Altmaier on Tuesday presented the “National industry strategy to 2030”. Therefore, the creation of a “participation facility”, it stated in the paper.
In the case of the Acquisition of new investments would have to be privatized in return to other investments of the state. He was coined with the Considerations of development in the leading robotics manufacturer Kuka, a Chinese company dominates.
discussions with business and unions
Altmaier explained that, in the competition between Asia, the United States and Europe, the creation of “national and European Champions was” not necessary. Altmaier wants to consult the strategy with policies, companies, associations and trade unions. At the end of an industry should be the strategy of the Federal government. to call
Without China by name, he spoke of an aggressive Encounter of some States. The Federal government has increased as a response to an attempted entry of a Chinese state-owned company in the electricity grid operator 50Hertz already, the barriers of entry. Altmaier, there was as a target that the share of industry will rise in gross value added by 2030 to 25 percent and in the EU to 20 per cent.
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Altmaier, a clear commitment to a social market economy
the need for action on the part of the policy on electricity and energy prices, in the amount of the taxes for businesses and the amount of social security contributions, which should permanently be below 40 percent. To the criticism of excessive state interference Altmaier said he is committed to social market economy. But you could also sit idly by, in order not to endanger the prosperity of the country. (dpa)