It is the miracle of Mainz!
Last year the city was still one of the 20 most heavily indebted municipalities in Germany. Mainz was 1.17 billion euros in the Miesen, even had to switch off wells.
Mainz is now swimming in the money and wants to be debt-free by the end of next year: For 2021, the city expects a plus of 1.09 billion euros instead of the planned 36 million minus, for next year another 491 million plus.
Mainz, how it cashes in and laughs. But what is the reason for the sudden wealth?
“data-zoom-src =” https://bilder.bild.de/fotos/auch-das-staatstheater-koennte-vom-geldsegen-profitieren-14ca8cd714794fec8ad0ad8ac6cc8ac7-78642326/Bild/4.bild.jpg”/> The state theater could also benefit from the windfallFoto: picture alliance/dpa
It is of all things the corona pandemic and the associated rise of the vaccine manufacturer Biontech, company address: An der Goldgrube 12, 55131 Mainz.
Biontech still posted losses in 2019 and expects sales of 16 billion euros in 2021.
The result: The company flushes more than a billion euros in trade tax into the empty Mainz city coffers, Finance Director Günter Beck says: “This development is sensational.”
“data-zoom-src =” https://bilder.bild.de/fotos/an-der-goldgrube-die-biontech-gruender-ugur-sahin-56-und-oezlem-tuereci-54-entwickelten-den- first-eec38726f4e147be8a0e2c753afd261b-78642330 / image / 4.image.jpg”/> At the gold mine: Biontech founders Ugur Sahin (56) and Özlem Türeci (54) developed the first approved vaccine against CoronaPhoto: Bernd von Jutrczenka / dpa
What to do with all that money
Beck to BILD am Sonntag: “We want to be careful with the windfall and put our city on a solid foundation for future generations.”
The parties in the city council agree on one thing: Mainz will pay off all of its cash advances (634 million euros) in 2022 – short-term debts that cost millions in interest every year.
“data-zoom-src =” https://bilder.bild.de/fotos/nie-wieder-wasserknappheit-aus-geldnot-der-bekannte-marktbrunnen-2cb09ef517d947aabd1d6609e47490e1-78642336/Bild/4.bild.jpg”/> Never again water shortages due to financial difficulties? The well-known market fountainFoto: picture alliance / imageBROKER