German Top Firms Unveil Major Investment Push to Revive Economy

Christian Sewing and Roland Busch in Berlin, on July 21.Photographer: Krisztian Bocsi/Bloomberg

More than 60 of Germany’s leading companies unveiled an investment drive worth at least €100 billion ($116 billion) in new projects to help lift Europe’s biggest economy out of stagnation.

As part of the initiative — led by top executives including the heads of Deutsche Bank AG and Siemens AG and coordinated with Chancellor Friedrich Merz’s government — members have committed a “three-digit billion amount” of new investment in Germany by 2028, according to an emailed statement Monday.