Siemens CEO urges harder work in Germany as reforms target €800 bn investment

Siemens chief executive Roland Busch said Germany must work harder as the government’s newly announced reform package tackles many key issues but does not solve everything. He highlighted the need for more flexible working hours and noted that Germany has the highest share of part‑time workers in Europe.

Busch is a member of the Made for Germany initiative, which brings together 139 companies and investors. The group plans talks with the government on additional reforms and has pledged to invest more than €800 bn in Germany by 2028, though it is unclear how much of that exceeds earlier investment plans. Deutsche Bank’s chief Christian Sewing added that the reform package has significantly boosted international investor confidence, with foreign investors intending to commit at least €100 bn.