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Issue 2 • Summer 2012 The magazine for members of the German-British Chamber of Industry & Commerce<br />

1<br />

GERMaNy INVESTS<br />

Survey results<br />

SEE PAGE 12<br />

<strong>VIEW</strong> <strong>FROM</strong> <strong>THE</strong> <strong>REGIONS</strong><br />

"...a new drive to maximise local<br />

business opportunities..."<br />

Josephine Chexal, Chairperson, German-British<br />

Chamber in North East England<br />

SEE PAGE 4


27-30/10/2012<br />

Hong Kong International Lighting Fair<br />

(Autumn Edition) 2012<br />

Joining the HKTDC Hong Kong International Lighting<br />

Fair (Autumn Edition) 2012 places you among the stars<br />

of the industry. In 2011, more than 2,100 exhibitors<br />

from 30 countries and regions made the fair the largest<br />

in Asia, and the second biggest of its kind in the world.<br />

Over 33,000 buyers came from aro<strong>und</strong> the world to<br />

source from these exhibitors.<br />

A world class lighting event<br />

Hong Kong is not only a focal point for global trade,<br />

it has its own internationally reputed lighting &<br />

manufacturing industry. The trend towards energysaving<br />

lighting is also providing a boost to the lighting<br />

market, with new technologies constantly being<br />

developed and exciting new products coming on line.<br />

The fair makes every effort to reflect industry trends<br />

by outing the focus on key product zones, making<br />

the latest products easily accessible to buyers.<br />

Your contact point for Hong Kong International Lighting<br />

Fair is DEinternational, London in co-operation with<br />

Germany Industry and Commerce Greater China,<br />

Hong Kong and the Hong Kong Trade Development<br />

Council.<br />

Major exhibit categories<br />

• Hall of Aurora<br />

• Commercial Lighting<br />

• Household Lighting<br />

• LED and Green Lighting<br />

• Outdoor Lighting<br />

• Lighting Accessories, Parts and Components<br />

• Lighting Management, Design and Technology<br />

• Trade Services and Publications<br />

Space options<br />

9 sqm Standard Box A US$4,725<br />

9 sqm Standard Box B US$5,094<br />

9 sqm Premium Booth from US$5,562<br />

9 sqm DeLuxe Booth US$6,633<br />

raw space (per sqm) US$454<br />

Facts and figures from last event<br />

• Total number of exhibitors: 2,104<br />

• Number of exhibitors from<br />

outside Hong Kong: 1,581<br />

• Total number of visitors: 33,319<br />

• Number of visitors from<br />

outside Hong Kong: 23,835<br />

For more information: http://hklightingfarae.hktdc.com<br />

Ian Wivell<br />

Tel: 020 7976 4150<br />

Email: hkilf@deinternational.co.uk<br />

Website: www.deinternational.co.uk


initiative<br />

A key achievement of European<br />

Integration has been peace and<br />

prosperity for the last 65 years<br />

The Euro crisis is preoccupying politicians all<br />

over Europe and the world but whatever the<br />

outcome, we should bear in mind that a key<br />

achievement of European Integration<br />

has been peace and prosperity for the<br />

last 65 years. This has been a tremendous<br />

accomplishment which, in my opinion, justifies the huge costs of saving<br />

or restructuring the workings of the Euro. It is important that economic<br />

integration continues, as international trade and investment flows are<br />

a pre-requisite for future growth. Even more importantly, prosperity is a<br />

crucial fo<strong>und</strong>ation for a stable political environment overall. The successful<br />

enlargement of the EU to the East after the fall of the Soviet Union not only<br />

enabled these countries to start an economic catch up process but also<br />

created stable democracies in Eastern Europe for the benefit of all.<br />

This summer London is hosting the Olympic and Paralympic Games, bringing<br />

together athletes from all corners of the globe. The spirit of the Olympics is<br />

one of mutual <strong>und</strong>erstanding, peace and respect whilst at the same time<br />

promoting healthy competition. This spirit should be applied not only to<br />

sports but also to the economy, if we want to master the current challenges.<br />

Britain and Germany have long shared similar visions of open, free and<br />

fair markets, knowing only true competition will drive future growth and<br />

development. Of course, this requires everybody to subscribe to the idea<br />

of competition and to the reality that, in order to achieve success, hard<br />

work is necessary as a preparation. If this logic is accepted by all, respect and<br />

mutual <strong>und</strong>erstanding, in other words further support, can be more easily<br />

provided. Currently, there is still some work to be done to create this common<br />

spirit and, as long as we do not sing from same hymn sheet, the road ahead<br />

will be bumpy and dangerous. From a British-German angle, we hope that<br />

Britain will step up its political engagement with Europe. Her common sense<br />

approach is surely needed to bring together opinions and make everybody<br />

face reality so the right decisions for the future can be taken.<br />

Dr Ulrich Hoppe<br />

Director General, German-British Chamber of Industry & Commerce<br />

CONTENTS<br />

4 VIEw FrOm <strong>THE</strong> rEGIOnS – JOSEPHInE CHExaL, nOrTH EaST<br />

EnGLand rEGIOnaL COmmITTEE OF <strong>THE</strong> GErman-BrITISH<br />

CHamBEr<br />

6 CHamBEr & mEmBErS' nEwS<br />

7 CHamBEr COnTaCTS<br />

8 EVEnTS dIary<br />

11 LEGaL COmmEnT<br />

12 GErmany InVESTS – survey results<br />

14 BUSInESS TO BUSInESS – German businesses seeking representation<br />

15 BUSInESS nEwS & STaTISTICS<br />

Cover photo: Siemens Press Picture, © Siemens aG, munich/Berlin<br />

sustaining members<br />

contents<br />

3


4 View from the regions<br />

North East England<br />

in a global Europe:<br />

Ambitions for growth<br />

this was the title of a conference held<br />

recently in newcastle upon tyne which<br />

marked the start of a new drive to<br />

maximize local business opportunities<br />

by stimulating aspirations in the areas of<br />

inward investment, export-led business<br />

growth and further development of trade<br />

opportunities with european countries.<br />

Keynote speaker was His Excellency Georg<br />

Boomgaarden, ambassador of the Federal<br />

republic of Germany. He spoke about the<br />

importance of the “mittelstand” (medium<br />

sized companies) to the German economy<br />

and how the German regional structure<br />

provided support to such companies,<br />

including through its financial infrastructure.<br />

I was able to bring my own contacts and<br />

experience as German Honorary Consul and<br />

Chair of the north East England regional<br />

Committee to the table.<br />

The conference was part of a process<br />

of refreshing and revitalizing business<br />

networks following the winding up of the<br />

region’s regional development agency One<br />

northEast. One could quote the song “pick<br />

yourself up, dust yourself off, start all over<br />

again” …but not so! rather onwards and<br />

upwards, because the region is notching<br />

up some notable successes through its<br />

championing of the low carbon economy<br />

and the vehicles sector, part of the regional<br />

economic strategy and in particular, the German<br />

market and German companies are contributing<br />

to these successes.<br />

The north East of England has built up formidable<br />

capacity for the offshore and subsea sectors,<br />

based on deep water ports and riverside sites,<br />

located on former shipyard sites. Coupled with<br />

Tyneside’s proximity to the dogger Bank offshore<br />

wind programme and the recent designation<br />

of an Enterprise Zone on the north Bank of the<br />

river Tyne with commitment to upgrade the<br />

heavy-lift crane and £80 million of private sector<br />

investment agreed this year, the region’s capability<br />

to service the new offshore wind turbine building<br />

programme cannot be doubted.<br />

many companies based across the region with<br />

expertise in the cable laying and trenching<br />

sectors are already winning orders, including in<br />

Germany, in the offshore wind technology sector.<br />

CTC marine Products of darlington recently<br />

announced a multi-million po<strong>und</strong> contract for<br />

power cables for the dolwini project in north<br />

Germany and the new division of Tekmar Energy<br />

of newton aycliffe which employs 60 people<br />

won a contract worth £4.5 million from German<br />

energy company Bard. In a bid to showcase<br />

the north East’s expertise in the offshore and<br />

subsea sectors in Germany, the northern<br />

Offshore Federation Energi Coast plans to take<br />

a mission of north East companies to Hamburg,<br />

Bremerhaven and Bremen in late June to meet<br />

with companies such as Hochtief, repower, EOn<br />

and EnBw before touring the Falck nutec facility<br />

and attending the windforce 2012 exhibition<br />

and conference in Bremen.<br />

In addition, the narec centre at Blyth,<br />

northumberland has been designated a<br />

national Translational research Centre for the<br />

renewables sector, with a wind turbine blade<br />

testing facility and £150 million invested to<br />

date. Siemens Energy of newcastle opened<br />

their new Training Centre for apprentices<br />

to support their wind turbine facilities and<br />

work closely with Tynemet College, north<br />

Tyneside, one of only three colleges in<br />

England specializing in training in this sector.<br />

The 3.5 year apprenticeship courses include<br />

components of German language training.<br />

a delegation from Berlin-Brandenburg visited<br />

the training facility in april to hear at first hand<br />

about the developments, as part of a project<br />

of exchange of know-how on skills issues<br />

within small and medium sized companies<br />

in Germany and the region. Back to the title<br />

of this article – the north East of England in a<br />

Global Europe – yes, we have “ambitions for<br />

Growth” and they are not all hot air!<br />

Josephine Chexal, Chairperson<br />

Josephine Chexal,<br />

Chairperson<br />

German-British Chamber<br />

in North East England<br />

Chairperson: Josephine V Chexal<br />

Main <strong>Industrie</strong>s: Energy & Low Carbon<br />

Technology, Chemicals, automotive and<br />

digital media<br />

Size of region: 5.923 sqm<br />

(9.6 % of UK total)*<br />

Population: 3.1 million (5 % of UK total)*<br />

Regional Gross Value Added (GVA):<br />

48.1 £bn (3.2 % of UK total)*<br />

Export Trade to EU: 5.5 £bn<br />

(4.3 % of UK total)*<br />

*Source: Invest in the UK 2010, German-British Chamber


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5


6 chAmBer & memBers’ news<br />

Conference and trade mission on<br />

Geothermal Energy — German-British<br />

Chamber organised a conference on<br />

German-British perspectives<br />

On Wednesday 9 May 2012, a conference<br />

on geothermal energy was held at One<br />

Great George Street in London. Organised by the<br />

German-British Chamber of Industry & Commerce<br />

and sponsored by the German Federal Ministry<br />

of Economics, aro<strong>und</strong> 100 experts from the UK and<br />

Germany shared experiences and discussed potential developments<br />

in the geothermal energy sector in a British-German context.<br />

Topics included the<br />

current status of<br />

the German and<br />

British markets,<br />

the implications<br />

of governmental<br />

incentives such<br />

as the Renewable<br />

Heat Incentive<br />

Company meetings after the conference<br />

on the success of<br />

geothermal energy in the UK, and a market overview on gro<strong>und</strong><br />

source heat pumps. As part of the initiative “Renewables – Made<br />

in Germany”, five German companies presented their technologies<br />

and know-how in this area. The afternoon was dedicated to<br />

networking with all German companies receiving huge interest from<br />

the British delegates.<br />

Thursday and Friday were reserved for individual meetings for<br />

the German companies with potential British partners in order to<br />

establish business contacts and foster relations.<br />

Continuing this successful project, the German-British Chamber will<br />

organise a further event on solar thermal energy in November 2012.<br />

Please visit www.germanbritishchamber.co.uk for more details.<br />

Lively training session for<br />

<strong>Deutsch</strong>e Bahn/Arriva<br />

Member company bizz<br />

buzz Transcultural<br />

Training & Coaching<br />

delivered a workshop<br />

“Working in Intercultural<br />

Teams” which was part<br />

of a kick-off training<br />

day for teams from<br />

Germany’s <strong>Deutsch</strong>e marina Ibrahim during the workshop<br />

Bahn AG and their<br />

British subsidiary Arriva. Among other elements, participants<br />

were challenged with their respective stereotypes in a lively<br />

and thought-provoking way by Marina Ibrahim of bizz buzz.<br />

Interactive exercises helped illustrate the different organisational<br />

approaches of both companies and the <strong>und</strong>erstanding of each<br />

other’s cultural diversity. www.bizz-buzz.co.uk<br />

Kirin Kalsi awarded Cross<br />

of the Order of Merit of the<br />

Federal Republic of Germany<br />

Kirin Kalsi, who works as a<br />

lawyer at E.ON’s head office in<br />

Coventry, has been awarded the<br />

Cross of the Order of Merit by<br />

the German Ambassador for her<br />

service as Honorary Consul of the<br />

Federal Republic of Germany in<br />

the Midlands.<br />

Kirin has held the role as German<br />

Honorary Consul for 12 years,<br />

acting as the focal point for<br />

interaction between the two<br />

business communities, a point<br />

of advice and assistance to local<br />

people and businesses with dealings<br />

in Germany, and overall helping to<br />

promote and develop closer ties.<br />

The English-born lawyer was perfectly suited to her role as<br />

Honorary Consul having been raised and educated in Germany<br />

and then the UK. Her bi-national skills and in-depth knowledge of<br />

international business have helped her to become a key figure in<br />

the Midlands business community.<br />

Weltweit einzigartig: IHB Travel GmbH<br />

eröffnet erstes interaktives Reisebüro<br />

Seit dem 1. April 2012 können sich K<strong>und</strong>en in Düsseldorf im weltweit<br />

ersten interaktiven Reisebüro einen realitätsnahen Eindruck von<br />

ihrem nächsten Reiseziel verschaffen. Die IHB Travel GmbH, bisher<br />

vor allem auf Business-Reisen spezialisiert, dehnt mit diesem<br />

neuen Konzept nun auch auf Privatk<strong>und</strong>en aus. Unter dem Motto<br />

„Reiseplanung zum Anfassen“ können eine Traumschiffkabine, ein<br />

Putting Green oder mithilfe einer 270-Grad-Videokabine das nächste<br />

Feriendomizil virtuell besucht werden. www.ihb-travel.com<br />

Best service Award<br />

for Pearl Linguistics<br />

Kirin Kalsi with Tony<br />

Cocker, CEO of E.On<br />

UK (far left), dr Ulrich<br />

Hoppe, HE Georg<br />

Boomgaarden and<br />

Christiane Boomgaarden<br />

For the second time, Pearl Linguistics Pearl Linguistics, the<br />

London-based translation and interpreting agency, have recently<br />

won the “Best Service Award – Small Businesses Award/Third<br />

Sector“ category in the UK Government Opportunities Awards.<br />

This award is seen as the benchmark by which progress in<br />

commissioning, procurement and public service delivery in the<br />

UK can be measured. Pearl’s success was based on the innovative<br />

development of ORBIT, a free of charge secure translation<br />

management service portal. As well as winning the GO Awards this<br />

year and in 2008, Pearl is one of the few language service providers<br />

to achieve ISO 9001 accreditation. www.pearllinguistics.com


Experts in customs and indirect tax<br />

litigation join Smith & Williamson<br />

VAT experts Simon Sutcliffe and Martin O’Neill have recently<br />

joined Smith & Williamson as tax directors specialising in customs<br />

and excise duty litigation, proceeds of crime issues and indirect<br />

tax advice. The Customs Investigation and Litigation team is<br />

uniquely placed to offer<br />

specialised, focused expert<br />

assistance in civil and criminal<br />

proceedings and general procedural indirect tax advice when<br />

dealing with HM Revenue & Customs. www.smith.williamson.co.uk/<br />

customs-investigations-and-litigation<br />

London oktoberfest 2012 moves<br />

to Kennington Park<br />

The famous London Oktoberfest is back. In its first year the event<br />

attracted aro<strong>und</strong> 10,000 visitors. This year the party moves to<br />

Lambeth and will take place in a 2,500-seat tent in Kennington<br />

Park from Thursday to S<strong>und</strong>ay on two consecutive weekends<br />

starting 20 September 2012. Guests will experience an authentic<br />

Bavarian Oktoberfest atmosphere with original live music from<br />

southern Germany, Bavarian food and delicious cold steins of beer.<br />

www.london-oktoberfest.co.uk<br />

Ro<strong>und</strong>-up of Chamber events<br />

On Thursday 8 March 2012 some 25 members of the Chamber’s<br />

London and Southeast region were treated to a tour of the Olympic<br />

Park in Stratford and given an insight into the depth and planning<br />

of the project. Member company London and Partners sponsored<br />

this excursion and informed visitors of the regeneration plans and<br />

available investment opportunities in the area after the games.<br />

The Scotland region hosted their annual reception on Monday<br />

12 March 2012 in Edinburgh. The event at the Edinburgh<br />

International Conference Centre attracted over 60 people including<br />

Chamber members and invited guests from a cross section of<br />

Scottish business, manufacturing and the arts with special guest<br />

representatives of the German Parliament also attending. Keynote<br />

speaker was Ben Thomson, Chairman of Reform Scotland who is<br />

considered to be one of Scotland’s leading investment bankers.<br />

On Wednesday 14 March 2012 the Midlands region hosted a Spring<br />

Reception at Metro Bar & Grill in Birmingham. Some 60 members<br />

and guests came together to network and to find out about business<br />

opportunities and developments in the region.<br />

Guests at the Chamber's Scotland region annual reception<br />

Honorary Officers /<br />

Präsidium <strong>und</strong> Vorstand<br />

Patron / Schirmherr<br />

HE Georg Boomgaarden<br />

Ambassador of the Federal<br />

Republic of Germany<br />

President / Präsident<br />

Sir Nigel Broomfield, KCMG<br />

Vice-Presidents / Vizepräsidenten<br />

George W von Mallinckrodt, KBE<br />

Schroders plc<br />

Barry Stickings, CBE<br />

Councillors / Vorstandsmitglieder<br />

Chairman / Vorsitzender<br />

Alan Wood, CBE<br />

Siemens Holdings plc<br />

Vice-Chairpersons / Stellv. Vorsitzende<br />

Dr Klaus Peter Fouquet<br />

Robert Bosch Ltd<br />

Patricia Godfrey<br />

Nabarro<br />

Councillors / Vorstandsmitglieder<br />

Robert A Bischof<br />

SCCO International Ltd<br />

Markus Breitschwerdt<br />

Mercedes-Benz UK Ltd<br />

Martin Dawkins<br />

Bayer plc<br />

Jean-Louis Evans<br />

TÜV Süd Product Services Ltd<br />

Dr Stefan Georg<br />

Delta Economics<br />

Dr Ulrich Hoppe<br />

German-British Chamber of<br />

Industry & Commerce<br />

Chris J Maidment<br />

PricewaterhouseCoopers LLP<br />

Franz W Smet<br />

ACI Group Ltd<br />

Marc Starzmann<br />

Commerzbank AG, London<br />

Holger Wessling<br />

DZ Bank AG, London<br />

Nigel R Wood<br />

The Wilkes Partnership<br />

Company Secretary<br />

Chris Putt<br />

Speechly Bircham LLP<br />

Honorary Auditors<br />

PKF (UK) LLP<br />

Management / Geschäftsführung<br />

Dr Ulrich Hoppe<br />

Director General /<br />

Hauptgeschäftsführer<br />

Tel: +44 (0)20 7976 4110<br />

Thesy Lobitzer<br />

PA to Director General / Assistentin des<br />

Hauptgeschäftsführers<br />

Tel: +44 (0)20 7976 4112<br />

chAmBer contActs<br />

CHAMBER CONTACTS<br />

Finance & Organisation<br />

Sabine Marland<br />

Manager Finance & Organisation /<br />

Finanzen <strong>und</strong> Organisation<br />

Tel: +44 (0)20 7976 4120<br />

Karolin Witter<br />

Finance & Organisation /<br />

Finanzen <strong>und</strong> Organisation<br />

Tel: +44 (0)20 7976 4187<br />

Marketing Services<br />

Ian Wivell<br />

Deputy Director General / stellv.<br />

Hauptgeschäftsführer<br />

Head of Marketing Services /<br />

Leiter Marketing Services<br />

Tel: +44 (0)20 7976 4150<br />

Sven Riemann<br />

Manager Marketing Services<br />

Tel: +44 (0)20 7976 4185<br />

Marguerite McCaughan<br />

Marketing Services<br />

Tel: +44 (0)20 7976 4183<br />

Jana Lindner<br />

Press & Public Relations /<br />

Presse- & Öffentlichkeitsarbeit<br />

Tel: +44 (0)20 7976 4188<br />

Members’ Services<br />

Evelyn Mensah<br />

Manager Membership & Events /<br />

Mitgliedschaft & Veranstaltungen<br />

Tel: +44 (0)20 7976 4145<br />

Katja Ludwigs<br />

Membership & Events /<br />

Mitgliedschaft & Veranstaltungen<br />

Tel: +44 (0)20 7976 4146<br />

Legal & Tax Services / Rechts-<br />

<strong>und</strong> Steuerabteilung<br />

Angelika Baumgarte<br />

Deputy Director General / stellv.<br />

Hauptgeschäftsführerin<br />

Head of Legal & Tax / Leiterin der<br />

Rechts- <strong>und</strong> Steuerabteilung<br />

Tel: +44 (0)20 7976 4140<br />

Ann-Catrin Theisen<br />

Legal Services / Rechtsabteilung<br />

Tel: +44 (0)20 7976 4141<br />

Alexander Altmann<br />

Head of Tax Services / Steuerabteilung<br />

Tel: +44 (0)20 7976 4166<br />

Anja Reeves<br />

Manager Tax Services / Steuerabteilung<br />

Tel: +44 (0)20 7976 4161<br />

Katrin Voran<br />

Manager Tax Services / Steuerabteilung<br />

Tel: +44 (0)20 7976 4154<br />

Michaela Böttcher<br />

Verena Gronewold<br />

Kay Köhnkow<br />

Gunnar Pohl<br />

Tax Services / Steuerabteilung<br />

Tel: +44 (0)20 7976 4160<br />

For details of the Chamber’s<br />

regional committees please email<br />

members@ahk-london.co.uk<br />

7


8 XXXXX eVents DiAry<br />

On 29 March 2012, the Members' Spring Reception was held at the German-British Chamber. Over 130 members and guests<br />

gathered to discuss with business partners and associates both the challenges of the year so far and the opportunities for the<br />

future and to enjoy a variety of German beers. A selection of German wines was sponsored by German Wine Agencies and<br />

original Currywurst was served, sponsored by member company Herman ze German.<br />

Florian Frey of Herman ze German<br />

SPRING RECEPTION 2012<br />

azadeh Falakshahi of Herman ze German Claudia Pech of German wine agencies<br />

mr Tobias Verlende and dr Julia Petersen of Luther rechtsanwaltsgesellschaft mbH, mr Stephen Llewellyn of Faegre Baker daniels LLP and mr Hans Haenlein<br />

of Hans Haenlein architects


mr Stefan Oloffs of German Language Coach, mr Christian Bergner and mr Tarun mahandru of Pearl Linguistics Ltd<br />

ms Christine Vial of French Selection UK Ltd, mr Peter Friend of Hülsta<br />

Furniture (UK) Ltd and ms Lucie Janson of French Selection UK Ltd<br />

eVents XXXXX DiAry 9<br />

mr michael Grünert of mgc (gb) ltd, ms anne Bergerbusch of Hülsta<br />

Furniture (UK) Ltd and mr Felix Köhler of Flexpress Verwaltungs GmbH<br />

ms natasha Hayiannis of Language recruitment Services Ltd, mr Volker Heinemann of Heinemann & Co Chartered accountants and ms Cristina Bartra of<br />

Language recruitment Services Ltd


10 XXXXX eVents DiAry / eVents cALenDAr<br />

ms anna Schak of the European College of Business and management<br />

and James Loughridge of Fidelio Partners<br />

mr dirk winkhaus of winkhaus and mr Peter Lynagh of Lynagh<br />

associates Ltd<br />

EVENTS<br />

CALENDAR<br />

Thursday, 12 July 2012<br />

M&A Evolution – Discussion on Eurozone issues<br />

A Members’s Breakfast Briefing with Hogan<br />

Lovells International LLP<br />

Venue: Hogan Lovells International LLP, atlantic House,<br />

50 Holborn Viaduct, London EC1a 2FG<br />

Time: 8.00am – 10.00am<br />

Cost: Complimentary – For members and their guests only<br />

Further information and registration:<br />

www.germanbritishchamber.co.uk<br />

Thursday, 13 September 2012<br />

IHK-Außenwirtschaftstag NRW<br />

Venue: westfalenhallen dortm<strong>und</strong>,<br />

rheinlanddamm 200, 44139 dortm<strong>und</strong><br />

Time: 9:30 Uhr – 17:00 Uhr<br />

Further information and registration:<br />

www.ihk-aussenwirtschaftstag-nrw.de/anmeldung/<br />

Thursday 27 September 2012<br />

Members’ Autumn Reception<br />

Venue: German-British Chamber of Industry & Commerce,<br />

16 Buckingham Gate, London Sw1E 6LB<br />

Time: 6.00 pm – 8.30 pm<br />

Cost: Complimentary – For members and their guests only<br />

Further information and registration:<br />

www.germanbritishchamber.co.uk<br />

Tuesday, 23 October 2012<br />

Kleinwindkraft im Vereinigten Königreich –<br />

eine Informationsveranstaltung im Rahmen<br />

der Exportinitiative Erneuerbare Energien<br />

Venue: <strong>Industrie</strong>- <strong>und</strong> Handelskammer Hannover,<br />

Schiffgraben 49, 30175 Hannover<br />

Time: 9:00 Uhr – 17:00 Uhr<br />

Further information and registration:<br />

www.germanbritishchamber.co.uk<br />

Thursday, 8 November 2012<br />

Exporttag Bayern<br />

Venue: IHK-akademie münchen, Orleansstraße 10-12, 81669<br />

münchen<br />

Time: 9:00 Uhr – 17:00 Uhr<br />

Further information and registration:<br />

www.aussenwirtschaftstag-bayern.de<br />

Please see our website for registrations<br />

and updates on events:<br />

www.germanbritishchamber.co.uk


Advertise<br />

in initiative<br />

Initiative magazine is the perfect<br />

vehicle to reach decision makers<br />

connected to the German-British<br />

Chamber both here in the UK and<br />

in Germany.<br />

as well as reaching clients and<br />

partners of the Chamber, the<br />

magazine is read by key people in<br />

government departments, associations<br />

and other companies within the<br />

German-British business community.<br />

Published three times a year with a targeted circulation of<br />

1,500 you can be sure that your advert will be highly visible<br />

as we restrict advertising space.<br />

you can buy half, quarter and whole pages… or for maximum<br />

exposure, exclusive sponsorship of one issue (members only),<br />

which includes two one-page adverts and a one-page article<br />

(page 11) plus a suitable ‘company picture’ (1/2 page) on the<br />

front cover.<br />

To discuss your advertising needs in detail, please contact:<br />

Jana Lindner<br />

German-British Chamber of Industry<br />

& Commerce<br />

16 Buckingham Gate<br />

London Sw1E 6LB<br />

Tel: +44 (0)20 7976 4188<br />

Fax: +44 (0)20 7976 4101<br />

Email: press@ahk-london.co.uk<br />

initiative is the official membership magazine of the German-British Chamber<br />

and is published three times a year.<br />

Publisher:<br />

German-British Chamber<br />

of Industry & Commerce<br />

16 Buckingham Gate, London Sw1E 6LB<br />

Tel: +44 (0)20 7976 4100<br />

Fax: +44 (0)20 7976 4101<br />

Email: mail@ahk-london.co.uk<br />

web: www.ahk-london.co.uk<br />

Editorial & Advertising<br />

Jana Lindner<br />

Tel: +44 (0)20 7976 4188<br />

Email: press@ahk-london.co.uk<br />

The reproduction in whole or in part of any material published in initiative<br />

requires the prior written consent of the publisher. The publisher cannot accept<br />

any liability for the accuracy or the completeness of any material published in<br />

initiative. Opinions expressed in initiative do not necessarily reflect the views<br />

of the German-British Chamber.<br />

The German-British Chamber of Industry & Commerce is supported by the<br />

Federal ministry of Economics and Technology in accordance with a resolution<br />

of the German Parliament.<br />

LegAL comment<br />

<strong>Britische</strong> Umsatzsteuer:<br />

Herausforderung für die<br />

Bauwirtschaft<br />

Nicht erst durch die Mitwirkung beim Bau von Spielstätten für<br />

die Olympischen Sommerspiele in London genießt die deutsche<br />

Bauwirtschaft im Vereinigten Königreich einen ausgezeichneten Ruf.<br />

Ob im Gebäudebau oder bei größeren Infrastrukturprojekten wie dem Bau des<br />

Flughafen-Terminals 5 in London-Heathrow – die Qualitätsarbeit deutscher<br />

Bauunternehmen wird geschätzt.<br />

nach Erhalt eines Bauauftrags beginnen in der regel intensive Planungsarbeiten.<br />

neben den sprachlichen <strong>und</strong> kulturellen Unterschieden müssen bei Tätigkeiten<br />

im ausland auch die steuerrechtlichen Besonderheiten beachtet werden.<br />

Eine Bautätigkeit, die einen Zeitraum von zwölf monaten nicht überschreitet, gilt<br />

nach dem doppelbesteuerungsabkommen zwischen deutschland <strong>und</strong> dem<br />

Vereinigten Königreich nicht als steuerliche Betriebsstätte. dies hat den Vorteil,<br />

dass die Gewinnbesteuerung zur Körperschaft- oder Einkommensteuer für die<br />

im Vereinigten Königreich ausgeübte Bautätigkeit in deutschland verbleibt.<br />

allerdings kann eine Bau- oder montagetätigkeit unter den Geltungsbereich<br />

der britischen Umsatzsteuer (VaT) <strong>und</strong> Bauabzugsteuer (CIS) fallen, was eine<br />

anzeigepflicht bei den britischen Finanzbehörden nach sich ziehen kann.<br />

Trotz der schrittweisen Harmonisierung des europäischen Umsatzsteuerrechts<br />

gibt es zum Teil erhebliche Unterschiede in der regelauslegung zwischen<br />

den EU-mitgliedstaaten. Eine für Bauunternehmen wichtige Vorschrift im<br />

Umsatzsteuerrecht ist die regelung der Steuerschuldnerschaft, die u.a. die<br />

anwendung des reverse-Charge-Verfahrens vorgibt.<br />

Wer schuldet die Umsatzsteuer?<br />

das britische Umsatzsteuerrecht sieht die anwendung des reverse-Charge-<br />

Verfahrens, bei dem die Umsatzsteuer nicht vom leistenden Unternehmer, sondern<br />

vom Leistungsempfänger geschuldet wird, nicht für alle Bauleistungen vor. Ähnlich<br />

wie im deutschen Umsatzsteuerrecht wird auch im Vereinigten Königreich bei<br />

der ausführung von Bauleistungen zwischen werkleistungen, bei denen die<br />

montageleistung im Vordergr<strong>und</strong> steht, <strong>und</strong> werklieferungen, bei denen die<br />

Lieferung von zu verbauendem material im Vordergr<strong>und</strong> steht, unterschieden.<br />

11<br />

Bei werklieferungen, die z.B. die Lieferung <strong>und</strong> Installation einer anlage oder maschine<br />

vorsehen, findet das reverse-Charge-Verfahren gr<strong>und</strong>sätzlich keine anwendung. die<br />

Umsatzsteuerschuld lässt sich jedoch in bestimmten Fällen auf antrag mit Hilfe der<br />

„Simplified Procedure“ auf den Empfänger der werklieferung übertragen.<br />

Für werklieferungen, die im Zusammenhang mit der Errichtung oder<br />

Erhaltung eines Gebäudes stehen (z.B. die Lieferung <strong>und</strong> montage von<br />

Fenstern), <strong>und</strong> für werkleistungen, die an Gebäudeteilen ausgeführt werden<br />

(z.B. die reparatur einer Heizungsanlage), findet das reverse-Charge-<br />

Verfahren hingegen nur anwendung, wenn der Leistungsempfänger ein im<br />

Vereinigten Königreich ansässiges Unternehmen ist <strong>und</strong> über eine britische<br />

Umsatzsteuernummer verfügt.<br />

Es ist daher unerlässlich, bereits in der Planungsphase eines Bauvorhabens zum<br />

einen die eigenen Leistungen umsatzsteuerlich korrekt einzustufen, zum anderen<br />

den Status des auftraggebers zu prüfen. In Fällen, bei denen die Umsatzsteuer nicht<br />

auf den auftraggeber zu übertragen ist, sollte rechtzeitig eine umsatzsteuerliche<br />

registrierung bei den britischen Finanzbehörden vorgenommen werden, andernfalls<br />

können empfindliche Verspätungszuschläge <strong>und</strong> Strafzinsen verhängt werden.<br />

Alexander Altmann, Head of Tax Services


12 germAny inVests<br />

Germany Invests<br />

trends and Views on Direct investment by german companies in the United Kingdom<br />

The German-British Chamber of Industry & Commerce promotes trade and investment between the United Kingdom and Germany. as part of this<br />

function, a comprehensive survey about the trends and views of German subsidiaries in the United Kingdom is carried out on a regular basis. The<br />

most recent survey was conducted in 2012.<br />

The survey highlights the current trends in direct investment by German companies in the UK and investigates factors such as turnover, employment<br />

and market focus as well as trends on future developments. In this issue and the next, we will be publishing the results and findings.<br />

I. German subsidiaries in the UK – sectors and activities<br />

I.1 Sectoral distribution of German subsidiaries<br />

mechanical / electrical engineering, automotive and other<br />

manufacturing still counts for nearly half of all German investment<br />

in the UK. Compared to 2009, all other industries’ shares have<br />

remained broadly stable.<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

23%<br />

Mechanical and<br />

electrical engineering<br />

15%<br />

Automotive<br />

I.2 Main activity of German subsidiaries in the UK<br />

Compared to our last survey, the main activities have remained<br />

invariable. a slight shift from services back to sales and distribution<br />

and also manufacturing was noticed.<br />

Sales/<br />

distribution<br />

58%<br />

6%<br />

Chemicals and<br />

chemical engineering<br />

3% 2% 3%<br />

Pharmaceuticals<br />

IT and telecommunications<br />

equipment<br />

Retailing<br />

10%<br />

9%<br />

7%<br />

Wholesale/Logistics<br />

Business services<br />

Financial services<br />

3%<br />

Energy and utilities<br />

8%<br />

Construction Industry<br />

Services<br />

22%<br />

R&D<br />

2%<br />

1%<br />

Tourism<br />

9%<br />

Other manufacturing<br />

Manufacturing 18%<br />

1%<br />

Other<br />

I.3 Impact of the current economic downturn<br />

The effects of the economic development since 2009 are still felt by<br />

the German subsidiaries in the UK. However, only 4% state that their<br />

operations have been severely affected whilst over a third of respondents<br />

stated that they have not been affected at all.<br />

Severely a�ected<br />

58%<br />

Very severely<br />

a�ected 4%<br />

II. Sales by German subsidiaries<br />

Positively a�ected 3%<br />

II.1 Total sales by German subsidiaries in the UK<br />

Not at all<br />

a�ected 35%<br />

most companies believe that their sales will grow again within the next<br />

three years.<br />

Sales by subsidiaries total approximately £232 bn p.a. and are four times<br />

higher than German exports to the UK which total circa £56.5 bn. This<br />

suggests that a large amount of local content is sourced or substantial<br />

local value added is produced by German subsidiaries<br />

£232 bn<br />

£240 bn<br />

2011 2014


II.2 Breakdown of German subsidiaries by sales turnover<br />

reflecting the company structure in Germany, most of the<br />

subsidiaries in the UK are small and medium sized enterprises. 75%<br />

of the operations have a turnover of less than £50 million. Compared<br />

to our last survey, the larger medium-sized companies seem to have<br />

expanded their operations. This is mirrored in a percentage increase<br />

in the turnover band between £20m and £250m.<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

II.3 Unique selling proposition of German companies in the UK<br />

Compared to our last survey, German companies focus even more<br />

on quality (56%). Service (21%) and location (2%) have become less<br />

important for the subsidiaries. Only 7% focus on price.<br />

Quality<br />

75%<br />

39%<br />

11%<br />

Up to 5m More than<br />

£5m and up<br />

to £10m<br />

14%<br />

More than<br />

£10m and<br />

up to<br />

£20m<br />

11%<br />

More than<br />

£20m and<br />

up to<br />

£50m<br />

21%<br />

More than<br />

£50m and<br />

up to<br />

£250m<br />

Service<br />

17%<br />

Location 1%<br />

Price 7%<br />

More than<br />

£250m<br />

The German-British Chamber has recently launched a new<br />

edition of its popular database ‘German Subsidiaries in the<br />

UK & British subsidiaries in Germany’.<br />

Containing in excess of 1,400 subsidiaries in the UK with their<br />

German parent companies and more than 900 subsidiaries in<br />

Germany with their UK parents, this database is both unique and<br />

comprehensive. In total, this new version contains over 4,000<br />

company addresses. The database includes limited (ltd) and<br />

public limited (plc) companies as well as partnerships, branches<br />

and joint ventures.<br />

4%<br />

germAny inVests<br />

II.4 Main markets of German subsidiaries in the UK<br />

The UK market is the main focus of German subsidiaries (more than<br />

one answer was possible). also, the United Kingdom seems to still be<br />

a base for some German companies to serve their customers in other<br />

markets aro<strong>und</strong> the world, especially in Europe.<br />

Over the next three years, companies intend to expand their workforce<br />

again in the region of 10%.<br />

German-British Chamber launches new ‘Subsidiaries’ database<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

73%<br />

4%<br />

9% 6%<br />

7%<br />

34%<br />

UK Germany Other Western<br />

Europe<br />

Where available, the subsidiaries feature the following information:<br />

name, address, telephone and fax number, e-mail, website, contact<br />

persons, number of employees, turnover, year of fo<strong>und</strong>ation, type<br />

of company and industrial sector or product/service area. The<br />

database is available on a readily accessible CD-ROM, which allows<br />

the running of specific queries and searches. This feature also makes<br />

it easy to use the database for individual purposes, such as mailings.<br />

For more information and to request an order form, please<br />

contact Jana Lindner, Tel: +44 (0)20 7976 4188 or email press@ahklondon.co.uk.<br />

1%<br />

11%<br />

Central &<br />

Eastern<br />

Europe<br />

III. Total Employment created by German<br />

subsidiaries in the UK<br />

290,000<br />

Main market<br />

Secondary market<br />

310,000<br />

2011 2014<br />

5%<br />

16%<br />

Rest of the<br />

World<br />

13


14<br />

BUsiness to BUsiness<br />

initiative provides a regular listing of companies in both the UK<br />

and germany who are seeking B2B partners and representatives<br />

Business Partners from Germany / Geschäftspartner aus <strong>Deutsch</strong>land<br />

JEwEllERy BOxES & DISPlay STaNDS<br />

we are looking for a sales agent (commission basis) in the area of Great<br />

Britain and Ireland. Our customers are retailers in the jewellery and<br />

watch industries. we manufacture boxes, cases and displays with plants<br />

located in Germany and China. The ideal candidate is a sales agent for<br />

jewellery or watches, who is looking for an additional business and who<br />

will visit jewellery and watch retailers. For further information please<br />

contact Mr Guido Strobel, E. Wilhelm GmbH, Fabrikstrasse 25,<br />

77966 Kappel-Grafenhausen, Germany; Tel: +49782 27690;<br />

Fax: +49782 2769550; Email: guido.strobel@wilhelm-etuis.com;<br />

Web: www.wilhelm-etuis.com<br />

PERfECT MIllING, TURNING & DRIllING<br />

For more than 125 years the name monforts is synonymous for<br />

machine tools on the highest standard of performance. The<br />

tradition of the company, fo<strong>und</strong>ed in 1884 secures a high degree<br />

of continuity, flexibility, innovation and new impulses. a. monforts<br />

werkzeugmaschinen GmbH & Co. KG manufactures an extensive range<br />

of CnC-controlled turning-lathes – flexible turning centers and twinspindle-lathes,<br />

all with a ten year warranty for the wear-free hydrostatic<br />

Z-guide. For further information, please contact: Mr Wolfgang Müller,<br />

A. Montforts Werkzeugmaschinen GmbH & Co. KG, Schwalmstraße<br />

301, 41238 Mönchengladbach, Germany. Tel: +49 2161 9461 448;<br />

Fax: +49 2161 9461 490; Email: Mueller@monforts-wzm.de; Web:<br />

www.monforts-wzm-de www.monforts-wzm.com<br />

SaNITaRywaRE aCCESSORIES<br />

we are a successful, owner-managed company headquartered in<br />

menden, Germany. Our main focus lies on development production<br />

and distribution of premium taps, cosmetic and illuminated mirrors<br />

and bath accessories for the sanitary market. Therefore we’re looking<br />

for an independent sales agent in the UK. your main tasks: acquisition<br />

of new customers; networking with existing customers; contact for<br />

property developers, architects, planners and consultants; customer-/<br />

sales meetings; product presentations. For further information,<br />

please contact: Ms Carolin Schulte, SAM Schulte Vertriebs GmbH,<br />

Horlecke 102, 58706 Menden, Germany; Tel:+49 02373 909000;<br />

Fax: +49 02373 9090108; Email: carolin.schulte@sam.de ;<br />

Web: www.sam.de<br />

NEUTRalISaTION Of CONDENSaTES<br />

market leader of neutralisers for condensing boilers/ customers like<br />

Viessmann, Vaillant, Buderus, is searching for agents in the heating<br />

industry to distribute our products in Great Britain. requirements:<br />

favourable references in distribution of condensing boilers, heating<br />

equipment, water treatment or condensate pumps. we offer high<br />

margins with innovative products, easy handling and excellent function<br />

to avoid damage from corrosion within the canalisation. For further<br />

information, please contact: Ms Stefanie Wanner, Mommertz GmbH,<br />

Daimlerstr. 8, 89312 Guenzburg, Germany. Tel. +49/ 8221/ 82 38,<br />

Fax: +49/ 8221/ 38 616, email : stefanie.wanner@mommertz.de,<br />

Web : www.neutrakon.de


BUSINESS NEwS<br />

<strong>Britische</strong> Regierung forciert<br />

Schulbauinvestitionsprogramm<br />

London (gtai) - der Schulgebäudebestand im Vereinigten Königreich<br />

gilt als wenig energieeffizient <strong>und</strong> sanierungsbedürftig. Zudem steigt<br />

infolge geburtenstarker Jahrgänge in vielen regionen die nachfrage<br />

nach Schulplätzen. aus diesem Gr<strong>und</strong> investiert das britische<br />

Bildungsministerium allein im Haushaltsjahr 2012/13 r<strong>und</strong> 2,2 mrd. £ in<br />

den neubau <strong>und</strong> die modernisierung von Schulen. auch die schottische<br />

regionalregierung will bis 2018 mindestens 60 Schulbauprojekte umsetzen.<br />

+++<br />

<strong>Britische</strong> Regierung sorgt mit<br />

Energiemarktreform für Verunsicherung<br />

London (gtai) - der Umbau des Energiemarktes im Vereinigten Königreich<br />

nimmt langsam Formen an. der langerwartete Gesetzentwurf sieht dabei<br />

neue Einspeisevergütungen nicht nur für erneuerbare Energien, sondern<br />

auch für atomstrom vor. Energieversorger kritisieren die fehlenden details.<br />

Bereits im Februar 2012 hatten General Electric <strong>und</strong> Vestas angekündigt,<br />

ihre Pläne zum Bau von windturbinenwerken auf der Insel vorerst "on<br />

hold" zu setzen. die Kosten für neue atomkraftwerke scheinen derweil zu<br />

explodieren.<br />

+++<br />

weitere artikel <strong>und</strong> Branchen-Trends unter www.gtai.de<br />

+++<br />

life costs less in Germany than next door<br />

Consumers in Germany get more for their euros than those in many of<br />

their neighbouring countries, apart from the Czech republic and Poland.<br />

Germany’s neighbours to the south, north and west have higher cost of<br />

living expenses with denmark topping the list with prices 42.2 percent<br />

above the EU average. In comparison, prices in Germany were lower than<br />

in other neighbouring countries, such as France (10.7%) and austria (6.7%).<br />

Still, the price level in Germany was 3.4 percent higher than the average<br />

for the 27 EU member countries. (TheLocal.de)<br />

+++<br />

BMw expands green venture with Toyota<br />

Germany’s Bmw is expanding a tie-up with Toyota motor on hybrid and<br />

fuel-cell vehicle technology as the global automakers push further into<br />

the “green” market. It marks the first time that Japan’s top car manufacturer<br />

will supply its fuel-cell technology, which relies on hydrogen to supply a<br />

vehicle’s battery, to a rival. Bmw meanwhile will provide its expertise on<br />

light car bodies made from carbon fibre to Toyota. Under an earlier deal<br />

announced last year, the German automaker also agreed to provide diesel<br />

engines for Toyota as the Japanese firm looks to boost sales in Europe.<br />

(TheLocal.de)<br />

+++<br />

more Business news from Germany:<br />

TheLocal.de<br />

This section is provided in<br />

co-operation with Germany<br />

Trade & Invest and TheLocal.de.<br />

STaTISTICS<br />

USA<br />

Germany<br />

Netherlands<br />

France<br />

Irish Republic<br />

Belgium & Luxemburg<br />

Germany<br />

China<br />

USA<br />

Netherlands<br />

Norway<br />

France<br />

France<br />

USA<br />

China (inc. Hong Kong)<br />

Netherlands<br />

UK<br />

Italy<br />

Netherlands<br />

China (inc. Hong Kong)<br />

France<br />

Italy<br />

USA<br />

UK<br />

BUsiness news / stAtistics<br />

British exports 2011<br />

Top countries<br />

0 2 4 6 8 10 12 14<br />

British imports 2011<br />

Top countries<br />

0 2 4 6 8 10 12 14<br />

German exports 2011<br />

Top countries<br />

0 2 4 6 8 10<br />

German imports 2011<br />

Top countries<br />

6.0%<br />

5.5%<br />

6.3%<br />

5.8%<br />

7.9%<br />

7.4%<br />

7.2%<br />

7.1%<br />

9.8%<br />

7.0%<br />

6.7%<br />

6.5%<br />

6.2%<br />

5.9%<br />

5.4%<br />

5.4%<br />

5.0%<br />

10.9%<br />

7.4%<br />

13.3%<br />

12.7%<br />

9.6%<br />

9.1%<br />

9.0%<br />

0 2 4 6 8 10<br />

15


Don’t waste your<br />

time on waste…<br />

Looking for advice and assistance with your environmental<br />

compliance in Germany?<br />

The German-British Chamber can help British exporters with:<br />

• packaging waste compliance<br />

• certificate of completeness audits (VE)<br />

• the deposit scheme for drink containers<br />

• waste electrical and electronic equipment (wEEE) compliance<br />

battery compliance<br />

•<br />

we work with many schemes and systems to ensure our clients have<br />

the most suitable and cost-efficient contracts in place that fit with<br />

their needs and obligations.<br />

So don’t waste your time, come to the experts for a complete service.<br />

Visit www.germanbritishchamber.co.uk for more information or<br />

contact Ian wivell – recycling@ahk-london.co.uk / tel: 020 7976 4150.

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