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Northvolt insolvency: Millions in losses for taxpayers in Schleswig-Holstein!
Find out the current developments in Schleswig-Holstein: Northvolt bankruptcy, compensation for farmers and the double murder trial.
Northvolt insolvency: Millions in losses for taxpayers in Schleswig-Holstein!
Things are simmering in Schleswig-Holstein, and not just because of the persistently changeable weather. The bankruptcy of the Swedish battery manufacturer Northvolt is causing worried faces and political excitement. Loud NDR The Bundestag Budget Committee will deal with the issue and awaits statements from Federal Economics Minister Katharina Reiche (CDU) and former minister Robert Habeck (Greens). This should be viewed against the background that Northvolt had to file for bankruptcy in March and there has already been a non-binding takeover offer from abroad. Nevertheless, the future of the plant in Heide in the Dithmarschen district remains uncertain.
The Federal Audit Office's accusation that give and take in politics is often a double-edged sword is becoming increasingly loud. Habeck, who was aiming for big business with a funding package of 1.3 billion euros for the battery cell factory in Schleswig-Holstein, is facing harsh criticism. The Court of Auditors' report confirms that the Federal Ministry for Economic Affairs and Energy (BMWE) is too loose in its handling of taxpayers' money and criticizes inadequate risk assessments, which could potentially cost German taxpayers up to a billion euros. Peter Carlsson, a former Tesla manager and heavily involved in Northvolt, had high hopes for the European auto industry, but the reality is now different.
The impact on agriculture
Unrest in the judiciary
But that's not the only thing that's currently heating up people's minds. The trial begins in Schackendorf against a 53-year-old for the double murder of his ex-girlfriend and her new partner. The harrowing events of November last year cast a shadow over the region and the trial promises to be a grueling one, lasting 15 days. A verdict is expected in September, while the defendant faces a life sentence.
Norderstedt is struggling with cash loans
In Norderstedt, the city council is also causing a stir by increasing cash loans from 20 million euros to 40 million euros. A decline in trade tax revenue of 12 million euros is forcing the city to extend a budget freeze. In times when economic challenges are constantly increasing, such decisions show only too clearly how important it is to have a good hand in financial planning.
Amid these turbulent developments, the global battery market remains fascinating. Forecasts show demand for batteries doubling by 2030, posing both risk and opportunity for European manufacturers. The harassment from Asian companies, especially from China, represents particular pressure, while at the same time the necessary innovative strength must increase. The goal is sustainable production that significantly reduces CO2 emissions in order to remain competitive in the future. Loud engineer European manufacturers are required to enter into strategic partnerships and focus on sustainability in order to secure their market position.
It's a stormy day here in Schleswig-Holstein, and it remains to be seen how events will develop. Looking ahead, a certain optimism could still be the driving force behind necessary changes.