German firms' 'Made for Germany' investment initiative pledges €800 billion

Siemens AG

21/07/2026 10:00

FRANKFURT, July 21 (Reuters) - A German corporate initiative called "Made for Germany" on Tuesday said its 139 member firms have committed to invest more than €800 billion in the country through 2028. 
The investment project was first launched in July 2025 with 61 companies pledging €631 billion euros and was aimed at resuscitating investor confidence in Europe's largest economy
It includes leading companies including Siemens SIEGn.DE and Deutsche Bank DBKGn.DE
It was not clear what proportion of the investments were already planned, and which were new commitments  
Christian Sewing, CEO of Deutsche Bank, urged the government to pick up the pace of reforms
"We need more momentum. We need more courage. And we need it on a lasting basis," he told journalists
Asked about upcoming elections in eastern German states where the far-right AfD is leading in the polls, Sewing said: "If we have an election in which, so to speak, extreme parties come to power, that is absolutely negative for investors"
Roland Busch, CEO of Siemens, in the same journalist briefing, called for more flexible working hours
"People have to work more in this country," Busch said

 (Reporting by Tom Sims and Alexander Huebner; Editing by Linda Pasquini)
 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))