The Germans are currently fiddling with chainsaws. The reason for this, however, is not the umpteenth repetition of the “Texas Chainsaw Massacres”, but – who is surprised – the corona crisis. A Swabian manufacturer of garden tools benefits from this.
The chainsaw manufacturer Stihl defies the crisis. “As Stihl, we are better off than many other companies,” said Nikolas Stihl, Chairman of the Advisory Board, to the “Frankfurter Allgemeine Sonntagszeitung”. “From today’s perspective, I am convinced that we can do it on our own.” April went “really well” for Stihl in Germany. “If people do not work in the factories and offices, they obviously like to go to the forest or the garden,” said Stihl, “Our chainsaws were used a lot and were, at least on the home market, well bought. In some others However, we had no sales at all in countries because the stores there had to close completely. “
The family entrepreneur praises the crisis management of the government in Germany: “On the whole, German politics did the right thing,” said Stihl, “in retrospect you would have had to shut down the country earlier, of course, then we would have come out earlier – but afterwards one always wiser. “
The entrepreneur speaks out against stimulus packages worth billions. “What we need now is not short-term subsidy programs, but better framework conditions for the economy of tomorrow,” said Stihl. “The federal government has a lot to catch up on. The first key word is the confused energy transition: Fixed end dates have been set for certain conventional power plants, but we are years behind schedule with the expansion of new technology. We are also lagging behind in digitalization, not to mention miserable condition of the infrastructure, with roads and schools neglected. “
The crisis shows that building up equity capital is the ultimate for companies, Stihl emphasized. “We are now living on this; some political class fighters are ignoring this connection with proposals on how to exhaust entrepreneurs.”
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