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82 percent of German companies in the US plan investments in 2021 / Survey of KPMG in Germany and the German American Chambers of Commerce January 29, 2021 (PRLEAP.COM) Business News The US remains a profitable and important market for German companies: 90 percent record profits in 2020; US subsidiaries contribute high sales and profit shares to German groups
As many as 82 percent (prior year: 85 percent) of companies plan investments in the US. These growth perspectives can also be seen in their vigorous workforce expansion plans However, skills shortage remains the biggest obstacle for German companies.
64 percent of those surveyed see open markets and ratified trade agreements as key to German companies further growth in the US; 47 percent see work visa availability as a main factor.