Northvolt insolvency: Millions of losses for taxpayers in Schleswig-Holstein!

Erfahren Sie die aktuellen Entwicklungen in Schleswig-Holstein: Northvolt-Insolvenz, Entschädigungen für Landwirte und Doppelmordprozess.
Find out the current developments in Schleswig-Holstein: Northvolt insolvency, compensation for farmers and double murder process. (Symbolbild/MND)

Northvolt insolvency: Millions of losses for taxpayers in Schleswig-Holstein!

Heide, Deutschland - in Schleswig-Holstein, it is bubbling tremendously, and not only because of the continuously changeable weather. The bankruptcy of the Swedish battery manufacturer Northvolt causes concerned faces and political excitement. According to ndr the Bundestag budget committee will deal with the topic and expects the statements of Federal Minister of Economics Katharina Reich (CDU) and the former minister Robert Habeck (Greens). Against the background, this should be considered that Northvolt had to register bankruptcy in March and that there is already a non -binding takeover offer from abroad. Nevertheless, the future of the work in Heide in the district of Dithmarschen remains uncertain.

The allegation of the Federal Audit Office, give and take in politics is often a double -edged sword, becomes increasingly loud. Habeck, who was aiming for a big business for the battery cell factory in Schleswig-Holstein with a funding package of 1.3 billion euros, is facing Harscher Critics. The report of the Court of Auditors certifies the Federal Ministry of Economic Affairs and Energy (BMWE) to handle taxpayers' money and criticizes inadequate risk reviews, which may cost the German taxpayers up to one billion euros. Peter Carlsson, former Tesla manager and largely involved in Northvolt, had given great hopes in the European auto industry, but the reality is now different.

The effects on agriculture

unrest in the judiciary

But that's not the only thing that currently heats the minds. In Schackendorf, the trial against a 53-year-old because of a double murder of his ex-girlfriend and her new partner begins. The shocking events from November of last year throw a shadow on the region, and the negotiation promises to be very exhausting with 15 days scheduled. A judgment is expected in September, while the defendant threatens a lifelong prison sentence.

Norderstedt fights with cash loans

in Norderstedt, the city council also causes a sensation by increasing the cash loan from 20 million euros to 40 million euros. A decline in trade tax revenue by 12 million euros forces the city to extend a budget lock. In times when the economic challenges increase steadily, such decisions only show too clearly how important it is to have a good knack for financial planning.

In the middle of these turbulent developments, the view of the global market for batteries remains fascinating. Forecasts show a doubling of the demand for batteries by 2030, which for European manufacturers is both risk and chance. The tribulation of Asian companies, especially from China, represents a special pressure, while at the same time the necessary innovative strength must increase. The goal is sustainable production that significantly lowers CO2 emissions in order to remain competitive in the future. According to Ingenieur , European manufacturers are required to enter into strategic partnerships and to ensure sustainability to secure their market position.

A stormy day is here in Schleswig-Holstein, and it remains to be seen how the events will develop. If you look at the upcoming developments, a certain optimism could still be the driving force behind necessary changes.

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OrtHeide, Deutschland
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