Nikolas Stihl, the head of the chainsaw manufacturing company Stihl, has wanted that Germany may be on the verge of deindustrialisation as surging costs — pushed by the energy crisis — and other factors are affecting entrepreneurs.
According to Mr Stihl, chair of the Stihl Group Advisory and Supervisory Board, Germany could be at a tipping point that could lead to deindustrialisation in the country as it becomes less and less attractive as a location for industrial manufacturing and other businesses.
