Admittedly, I’m shocked that such a large German firm is having those issues…
Discussion
They were running on cheap Russian gas. That age is over. Same issue as BASF and co.
They are all going to have to relocate closer to cheaper energy. India, Scandinavia, Australia, etc.
They're good companies, tho, and I make
money wherever they're located. It's also a way to diversify out of Germany. Our work-income is already from here and that cluster risk makes me nervous.