Exports of industrial enterprises of Germany in the Russian Federation decreased due punishment 16, 6%

The export of industrial plants in Germany in the Russian Federation decreased by 16, 6% ? 20, 3 billion euros ? in the period from January to October 2014 because of the mutual punishments of Russia and the EU against the background of the Ukrainian fall, the media says.
authorized German company credit insurance Euler scholar programme Hermes in an interview to the financial times said that in 2014, the decline in German exports may reach 20%, which will lead to the loss of 8 billion euros compared with the previous year, reports TASS. The most powerful effect of exchange punishments felt manufacturers of industrial equipment. For them, Russia is the fourth largest importer. So, the Company Hermes (Hermes), engaged in the production of machine tools, has announced the reduction of 15-20% of applications from Russia. The annual turnover of the organization in the Russian market is 165 million euros. Two-thirds of export organization IKA, which produces granules For plastic Windows, go to the Russian Federation and Ukraine. Often its annual earnings are kept at the level of 35 million euros, but this year this amount will be much less, because the Ukrainian orders halved, and Russian - 30%." If the situation will remain the previous one, we will need to transfer the production from three - to two-shift schedule. Perhaps next year we will go on decreasing, " said Executive Director IKA Reinhard Beck. The reduction will affect not only the employees of that organization. German automaker Opel has announced layoffs quarter of the workers at its plant near St. Petersburg. German auto giant Volkswagen has gone a step further, adopting a conclusion about the complete collapse of production and withdrawal from the market of one of its names - Seat. Printed publication cited other examples, but they all boil down to one thing: If the punishment will not be cancelled, but experts doubt it will happen in the next year or two, the wave of layoffs risks turn into a tsunami. Analysis of President of the Federal Association of chambers of Commerce DIHK Eric Schweizer, from the wealth of trade with Russia depend about 400 thousand Jobs in Germany. In October, the press service of the President of the Russian Federation centuries Putin said that the loss of Germany from the introduction of sectoral sanctions against Russia will be about 6 billion euros. Putin said that the return of the punishment relative to Europe is compulsory measures. Harm to European farmers because of the response of Russia is measured in the billions of euros and, according to him, Russia would not like to continue this practice. Remember, November 14, several sources in the automotive industry and the authorities of St. Petersburg said that the American Corporation General Motors may close its plant in St. Petersburg for political reasons. 6 October it was announced that the company General Motors in St. Petersburg goes on a one-shift work schedule. on 16 September, the media reported that the German carmaker Opel is a subsidiary factory of American concern General Motors, minimizes the production in the Russian Federation and reduces staff. It was noted that the company in St. Petersburg will be translated into reduced mode of operation in one shift, and some employees will receive offers of dismissal with compensation. At the end of the summer, General Motors said about the temporary shutdown of the conveyor in St. Petersburg from 22 August to 12 September, 29 September and 3 October and from October 10 to October 29. These measures there was connected with " unfavorable situation on the Russian automotive market."


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