Fri, 21 Aug 2026 Kyiv 11:48Berlin 10:48London 09:48 UKR / DE / EN

Major corporations demand swift reforms from Germany’s new government

Audi, Siemens and other major corporations, along with employers in the metal and electrical industries, are urging the federal government in a joint letter to implement reforms "without delay." As reported by Mediengruppe Bayern, they criticize, among other things, the high contribution burden in social insurance.

Major corporations demand swift reforms from Germany’s new government
Photo: Tagesschau

Audi, Siemens and other major corporations, along with employers in the metal and electrical industries, are urging the federal government in a joint letter to implement reforms "without delay." As reported by Mediengruppe Bayern, they criticize, among other things, the high contribution burden in social insurance.

The letter is addressed to Friedrich Merz (CDU), Labour Minister Bärbel Bas (SPD), Economics Minister Katherina Reiche (CDU) and the parliamentary group leaders of the governing parties. According to Mediengruppe Bayern, it has been signed by, among others, Audi, BMW, ZF, Mercedes-Benz, Porsche, Siemens and Eberspächer.

The companies and associations from Bavaria and Baden-Württemberg demand that announced projects or those set out in the coalition agreement be implemented “swiftly and without any cuts.” Due to high energy costs and changing framework conditions, the companies are under considerable pressure, the letter states, as quoted by Mediengruppe Bayern.

The contribution burden in social insurance is at a record high of over 42 percent. It is “unacceptable” that it is rising despite stable contribution rates because the contribution assessment ceilings are being raised, the signatories criticise. The heads of the Bavarian metal and electrical employers’ associations and Südwestmetall from Baden-Württemberg have also joined.

Source: Tagesschau