Dear Reader, Dear Members and Friends,
Europe is facing historic challenges: The UK has announced it will begin the Brexit process by the end of March 2017. The debt crisis and refugee situation clearly show, that European solidarity and confidence are at stake.
While Bavaria's strong industry benefits Europe, Bavaria, at the same time, needs a powerful European Union, capable of acting forcefully.
To this end, the EU must focus on its most important goals: growth, employment and prosperity for its members. A Europe that remembers its strengths and regains the trust of its citizens and economy is a better Europe and a strong and reliable partner across all global markets.
With this in mind, I hope you enjoy reading the articles in this month’s newsletter.
EconomyEconomic Outlook, October 2016
Once again, all leading indicators for the German economy as well as for the eurozone show a booming tendency. Global leading indicators are also generally improving. See here for the October figures.more
Legal affairsBusiness transfer – are employees part of the deal?
When a new owner takes over a business, he automatically “inherits” the existing employment contracts – even if the new owner is of foreign origin. For a smooth transition employers need to consider certain aspects like the obligation to inform and the right of objection.more
Innovation + technologyAutomated driving – new freedom, new liabilities
Driverless driving is not a distant dream, but a great opportunity that will benefit all of us. Aside from technical questions this newly gained freedom raises a lot of legal issues, e.g.: Do we need new road traffic regulations and how can we protect our data privacy?more
Events and international affairsThe European Union faces historic challenges – can we fix it?
On September 16, 2016, the Bavarian Industry Association (vbw) brought together State Minister Ilse Aigner, MEP Manfred Weber, Director of Bruegel, Guntram Wolff, and European business associations to discuss the state of the EU. Read here about their ideas for a better Europe.more
Our servicesThe bayme vbm ServiceCenter Figures, benchmarks, overall economy
Successful entrepreneurship is based on knowledge and up-to-date information. We continuously provide you with the latest economic and structural data from all relevant markets. We offer benchmarks for the Bavarian metalworking and electrotechnical industry and more. Service that makes a difference.more