Monday, June 20, 2016

United Kingdom – why companies fear the “Proposed referendum on United Kingdom membership of the European Union” – Frankfurter Rundschau

June 20 2016

In particular, the uncertainty about a possible Proposed referendum on United Kingdom membership of the European Union worries many companies. Photo: dpa

For German companies an outlet of Great Britain from the EU would have massive consequences. Why?

Between the lines is to feel a lot of anger and irritation. The Proposed referendum on United Kingdom membership of the European Union debate in Britain was “mainly political theater” emphasizes Matthias Meyer. is alarming that no one could explain the company as a withdrawal from the EU would look. Meyer is the German CEO of Heller Machine Tools in central England Redditch. It employs 150 men and women who produce about 200 machine tools every year, which are intended mainly for the car industry. The British company is a subsidiary of Heller, who is in Nürtingen home. The Pointe: A large proportion of manufactured in Britain machines is exported to Germany

Meyer has many questions. Were to remain the UK for a withdrawal from the EU part of the EU internal market? Are trade agreements renegotiated? What will change for EU citizens who work in Britain? As Meyer is how many managers. Especially Incalculable You are suffering. Ian Robertson also. The Briton is Sales Director of BMW. “Nobody knows what will happen if the British people will vote for a withdrawal from the EU,” he says.

Clear is only that the conditions to supply the European market would have to be renegotiated. BMW is particularly closely linked to locations on the island. Since 2000, approximately 2.2 billion euros were invested in works. In England, the cars of the brands Mini and Rolls-Royce are assembled and components and produces engines that are part of the international production network of BMW. Of course dominate the people of BMW to produce in countries outside the EU. But everything the complex processes additionally hampers, was counterproductive, according to the Munich headquarters. The locational advantage due to the open borders and markets in the EU threatened to be lost at a part. Experience shows that the free circulation of components, finished products, and workers would be a great advantage for British companies within the EU, said Richardson.

For BMW and in the upper echelons of other large German companies, it is estimated that with a yes to the Proposed referendum on United Kingdom membership of the European Union at least two years will be followed by negotiations on the modalities of withdrawal. At the same time could be advised on how it can be ensured, however, that remains ensured the accessibility to and fro of goods, services and labor between the Kingdom and the world’s largest free trade area.

But if only this transition stage with their uncertainties could for the then 27 EU countries – bring many disadvantages with enormous long-term effects – and much more for Britain. Then make Airbus and Siemens in a joint appeal attention that has been made these days public after the popular tabloid “The Sun” had pronounced for the Proposed referendum on United Kingdom membership of the European Union. In a vote per exit the manufacturing industry between Aberdeen and Southampton would not suddenly disappear, but they would be hard weakened, they warn. Planned investments in manufacturing facilities would at least be frozen or possibly deleted entirely. The effect is that not only current jobs would be at risk in the industry, but also jobs “for our children and grandchildren”.

The European aircraft manufacturer employs 15 000 men and women in the UK. In addition, suppliers with around 100 000 employees. The plants provide, among other wings for Airbus planes, which are assembled in France and Germany. Siemens has more than 170 years active in the UK and still want to take this year a new plant into operation, which is to build huge rotors for offshore wind turbines. . Of course, the factory will be opened in the Proposed referendum on United Kingdom membership of the European Union-case

Who currently asks for German companies, also no opinion, would threaten in with investment stops replaced because – although such scenarios long been played in staff departments will. the benefits of the EU instead in public communication praised. A Europe without the United Kingdom was weaker, would like the United Kingdom outside the EU weaker – it is about in a letter of the European Roundtable of Industrialists. This is a club of 50 major European companies.

No CEO wants to currently sit with too fierce criticism of Proposed referendum on United Kingdom membership of the European Union fans out of the window. One does not want to further provoke. The communications departments currently refer to earlier statements like their bosses. For example, the Airbus boss Tom Enders, who had stressed the end of February, an EU exit will have consequences for “the entire economic environment” and thus “also affect our competitiveness”. Similarly, it sounds at Lufthansa. CEO Carsten Spohr expects low growth in Europe, which will lead to a “demand reduction at the customer” for the case of Brexits. His company was preparing it before and was ready to strike and flights to the island.

And what Heller CEO Meyer in Redditch? He wants to remain faithful to the location. Just two million pounds would be invested to expand the capacity. Meyer is also because the firm belief that it will not come to the Proposed referendum on United Kingdom membership of the European Union. Firstly, it is hoped that many more voters will realize that they “would hurt economically” with an exit. Secondly, the British

be an “open and cordial people to whom it really does not fit, just get up from the table and disappear.”

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