Mitigation of the consequences of the crisis due to economic stimulus packages

Press conference of the Federal German Association of the Cement Industry (BDZ), Berlin/Germany (04.05.2009)

The German cement industry considers the first and second economic stimulus packages of the Federal Government to be appropriate approaches to mitigate the consequences of the ­financial and economic crisis for the building trade and the building materials industry. According to Andreas Kern, President of the Federal German Association of the Cement Industry (BDZ), it is particularly the focus of the programs to improve the infrastructure, which involves good opportunities to lay the foundations for a further safeguarding of compe­titiveness in the present dramatic development of the economy (...

Related articles:

Issue 2010-01

Cement industry demands that capital expenditure for infrastructure continues steadily

The German cement industry has been more affected by the crisis and the recession than as the branch had expected at the end of last year. This is substantiated by provisional figures for turnover and...

Issue 2011-02

Cement industry joins growth trend

The strong upswing of the overall economic trend has also had a positive effect on the German cement industry. With the recovery of the overall economy, developments in the building markets are slowly...

Issue 2010-09

Slight decrease in non-residential and residential building

The downward business trend in Germany as a consequence of the global financial crisis has not only become apparent in a drop of the overall cement consumption but has also caused shifts as regards...

Issue 2009-03 Interview

The cement industry’s future in times marked by climate protection

This was the theme chosen by Reinhard Schultz, Member of the German Federal Parliament, in the invitation to a round-table discussion in Ennigerloh/Germany on 23.01.2009. The background to this event...

Issue 2010-01

New study: “Made in Germany” beats “Low Cost” in the crisis

The number of production relocations has dropped by 40 % in the last three years. This is the result of a study by the Fraunhofer Institut für System- and Innovationsforschung, ISI, (Fraunhofer...