Statistics - 4.2 billion euros investment in industrial companies
Industrial companies in Saxony invested a total of 4.2 billion euros last year. Compared to the previous year, the investment volume in 2022 has thus increased by 22.5 percent in nominal terms, according to the State Statistical Office in Kamenz on Thursday. For example, 766 million euros more was spent on property, plant and equipment than in 2021. However, the noticeable price increase should also be taken into account.
According to the figures, companies invested a total of 3.7 billion euros in equipment, which is around 15 percent more in nominal terms than in the previous year. Investments in developed land and buildings amounted to 495 million euros (+41 percent). According to the report, 17 million euros were spent on the acquisition of land without buildings, a nominal 34 percent more than in the previous year.
According to the statistics office, the highest investment volume was recorded in the manufacture of data processing equipment, electronic and optical products, with investments totaling 1.2 billion euros and a nominal investment increase of 14 percent. In second place was the manufacture of motor vehicles and parts. A total of 854 million euros (+47 percent) was invested here.
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The significant investment of 4.2 billion euros in industrial companies in Saxony primarily took place in Kamenz, where the State Statistical Office is located. This surge in investment, up by 22.5% from the previous year, significantly contributed to improving the economic situation in the region. Companies invested a notable amount in the acquisition of developed land and buildings, amounting to 495 million euros, representing a 41% increase from the previous year.
Source: www.stern.de
