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To: critical_mass who wrote (49747)4/17/2006 11:56:08 AM
From: TobagoJack  Read Replies (4) | Respond to of 116555
 
thank you kropotkin for the on-the-ground read.

most valuable.

a bunch of us in hk thought berlin cheap on relative basis

figured the germans to be conservative and astute, and ultimately self-preserving

and we need to unload cash into non-usd and positive carry space in law abiding country

other than that, no insight as yet

thank you again

jay



To: critical_mass who wrote (49747)4/17/2006 12:59:32 PM
From: Oblomov  Read Replies (1) | Respond to of 116555
 
You must mean Schering AG, not Schering Plough. They are two different companies.



To: critical_mass who wrote (49747)4/17/2006 10:00:59 PM
From: elmatador  Respond to of 116555
 
Companies not willing to move to Berlin. The company moves the headquarters and the taxes move along with them. Example: Siemens. The company moved headquarters there running away form labour militancy. Found a mostly -then- rurala
area and lots os cheap workers. (It was like moving to China in today's environment)

Now it's the biggest tax payer in Bavaria. If it moves I and I heard it has plan to do so but before needs to download a few businesses and a lot of employees)

It is this taxes implications that prevents firms to move to Berlin. Anyway today's Berlin is a artifical capital. Can't just do a Dubai and give all kinds of incentives for companies to move in.