“Screw King” sees investments in peril – 2024-06-14 15:52:53

by times news cr

2024-06-14 15:52:53

Billionaire Reinhold Würth has spoken out clearly towards the AfD prior to now. After its election success, he now needs to attract penalties.

The entrepreneur Reinhold Würth, referred to as the “screw king”, has expressed his disappointment with the AfD’s efficiency within the European elections and is contemplating the implications for Germany.

In Künzelsau (Hohenlohe district), the place the corporate is headquartered, the get together obtained 20.6 p.c. The entrepreneur commented on this on Deutschlandfunk as follows: “If this development continues, now 20 p.c, then we as enterprise folks must watch out about the place and the way we make investments.” That is already a sure milestone for the Würth firm. Now “we are going to after all calmly analyze and contemplate whether or not we are going to make additional investments on a bigger scale right here in Germany or whether or not we are going to simply transfer someplace else within the nation.”

The 89-year-old billionaire and chairman of the muse supervisory board of the corporate with over 27,000 staff in Germany justified his issues with calls for from the AfD for remigration. When right-wing extremists use this time period, they often imply that a lot of folks of international origin ought to depart the nation – even underneath duress.

Within the interview broadcast on Deutschlandfunk on Thursday, Würth continued: “We’d have large issues if we did not have our staff who’re foreigners.” He estimates that 30 p.c of the workers initially got here from different nations – in the event that they had been gone, it will be a disaster.

Even earlier than the election, Würth had suggested its staff in Germany to not vote for the AfD. In a five-page letter, the household enterprise proprietor warned potential protest voters, amongst different issues: “Making a fuss only for the sake of getting enjoyable and voting for the AfD out of displeasure with the visitors gentle authorities is solely not sufficient.”

In Germany, nobody has to go hungry or freeze, wrote Würth. It’s regular for folks to be well-established and to have the ability to reside a reasonably free life. On the age of 14, Würth started an apprenticeship in his father’s small enterprise earlier than taking on the enterprise on the age of 19 after his father’s loss of life in 1954. The billionaire is among the richest Germans. Based on firm data, greater than 87,000 folks worldwide presently work for the buying and selling group that bears his title.

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