Bilfinger CEO Doesn’t See a Recession Coming in Germany

The video discusses the economic outlook, focusing on the stability of industries like petrochemicals and oil and gas. It highlights the impact of oil prices on business strategy and future plans, including emission technology and nuclear energy. The speaker elaborates on partnerships and manufacturing plans in China, particularly in biopharma and scrubbers. Finally, it addresses Brexit's potential impact on operations and the strategies in place to mitigate these effects.

What industries does the CEO mention as being robust despite recession fears?

• Technology and Telecommunications

• Automotive and Aerospace

• Petrochemicals, Chemicals, Oil, and Gas

• Retail and Consumer Goods

What is the company's strategy to remain competitive in essential industries?

• Reducing workforce

• Increasing marketing efforts

• Focusing on efficiency and productivity

• Expanding into new markets

How does the CEO describe the correlation between their share price and oil price?

• High correlation

• No correlation

• Negative correlation

• Low correlation

What future technology is the company focusing on in the marine environment?

• Emission technology and scrubbers

• Hydroelectric power

• Wind turbines

• Solar panels

What is the company's plan for manufacturing scrubbers in China?

• Partnering with local shipyards

• Building a new factory

• Importing from Europe

• Outsourcing to third-party manufacturers

Where does the company plan to continue manufacturing biopharma products?

• China

• United States

• India

• Austria and France

How has the company prepared for potential Brexit impacts?

• By halting all UK projects

• By including anti-Brexit clauses in contracts

• By increasing UK imports

• By relocating operations to the UK