VIESSMANN SALE Is the heating law driving the economy out of the country?
No green economic miracle!
Ironically, Germany's heating giant Viessmann is selling its heat pump division to US competitor "Carrier Global" - one week after the government decision to heat hammer (ban on gas and oil heating)!
Green party leader Ricarda Lang (29) was still raving in March that the heat pump compulsion pushed through by the eco-party would bring a "huge ramp-up for industry here in Germany".
Are you kidding me? Are you serious when you say that!
Company boss and heir Max Viessmann (33) admits in BILD: "Yes, the heating law played a role in the sale."
Because: "Industrial size" is an "important success factor" for Viessmann under the new conditions.
In plain language this means: medium-sized companies like Viessmann are overwhelmed with the mega heat pump plan (half a million/year)!
Heat pump production (air conditioning division) recently accounted for 85 percent of Viessmann's sales.
So why take this step now?
Asian and US companies have overtaken the German companies. You can produce more, cheaper and faster!
The operation of the Viessmann locations in Germany has now been secured for just five years. Operational layoffs are excluded for only three years.
Nobody knows!
Economics Minister Robert Habeck (53, Greens) wants to examine the Viessmann sale in the USA more closely. The deal should serve “our economy and Germany as a location”.
"We will look at the project as part of the planned test steps and are in discussion with the seller and the investor," said Habeck on Wednesday.
But what if the money is now earned in the USA?
The CDU is angry!
Energy spokesman Mark Helfrich (44) to BILD: "Habeck's scrapping mania leads to the sell-out of German medium-sized companies." The law obviously not only overwhelms the citizens, but also traditional family businesses.
For CDU Vice Andreas Jung (47), the biggest concern is that German heating engineers will migrate. "We have to strengthen our location: Faster approvals, lower taxes, more skilled workers," demands Jung in BILD.
The federal government must step in and strengthen value creation in Germany.
