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BQ 3A News > Blog > Germany > Saxony-Anhalt: Minister of Financial Affairs describes Intel-Alutaža as now not strangely
Germany

Saxony-Anhalt: Minister of Financial Affairs describes Intel-Alutaža as now not strangely

July 25, 2025
Saxony-Anhalt: Minister of Financial Affairs describes Intel-Alutaža as now not strangely
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Saxony-Anhalt Minister of Financial Affairs Sven Schulze (CDU) used to be now not shocked via Chipfabrik in Magdeburg. “If you look in the last few months, this decision of Intel is not really surprising,” Schulze MDR mentioned.

At the one hand, Intel it seems that had very nice interior issues. Alternatively, now “American-first policy” is aMPART trum “. Bas are each unhealthy preconditions for Intel funding in Europe.

The gang up to now introduced that it might surrender their manufacturing unit plans in Magdeburg. Investments round 30 billion euros had been at the beginning deliberate there. The Federal Executive promised about ten billion euros in governmental is helping. Final September, the manufacturing unit building used to be mentioned to be not on time. However since then the location within the crew turned into much more advanced.

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Schulze mentioned Saxony-Anhalt turned into consideration by the use of Intel, which might be used definitely for funding. He presented a Drezden Corporate FMC resolution closing week to construct chips manufacturing unit in Magdeburg. At the moment, he mentioned it used to be the most important plan B.

“There is no doubt the return for the location”

After the verdict, IG Metall referred to as for the site “New Perspectives”. Direct supervisor Thorsten Groger mentioned Intel cancellation will have to now not result in the truth that business ambition insurance policies for Saxony-Anhalt or the Federal Location will have to be tested.

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In recent times, Saxony-Anhalt has accomplished vital foundations of business coverage, “from available space for transport links to the qualification of existing and upcoming experts,” Groger mentioned. “You can continue to build on it.”

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It’s now the most important that “political will remain that industrial additional value leads in the country and actively monitor new investments,” Groger mentioned. The view additionally becomes Berlin.

Economists Welcome Intel-Aus in Magdeburg

Intel cancellation is “Undoubted return for location,” mentioned unionistically. The truth that the Workforce additionally gave up its plans in Poland subsequent to Magdeburg, it additionally presentations that this isn’t a location within the classical sense, however “corporate strategic realization with global circumference”.

Economists, then again, welcome Intel waiver. “Intel is currently not competitive on the microchip market and now it must be restructured,” mentioned Irene Bertschek from the Middle for Ecu Financial Analysis (Zev). “Therefore, cancellation will come at the right time. It would be worse that ten billion euros were already paid.” This will also be noticed very similar to the Kiel Institute for the Global Financial system (IFV). As a substitute of selling positive industries with subsidies, the state will have to create higher framework stipulations, according to IFV economists and that the marketplace determined what buildings succeed.

TAGGED:AffairsdescribeseconomicIntelAlutažaMinisterSaxonyAnhaltsurprisingly
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