Stay updated with breaking news from Matthias Krust. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
To cope with this challenge, many small and medium-sized businesses (SMEs) in Germany are turning to automation as a way to survive and compete in the global market. Germany is the world's third-largest market for robots, after China and Japan, with a total of 221,500 units installed in 2020, according to the International Federation of…
As baby boomers retire, German businesses turn to robots
Small and medium-sized companies are also turning to automation as the gradual exit from the workplace of Germany's post-war "baby boom" generation tightens the labour squeeze.
At machine parts producer S&D Blech, the head of the grinding unit is retiring. With Germany's acute labour shortage leaving few candidates to take on the skilled but dirty and hazardous manual work,...
With Germany's acute labour shortage leaving few candidates to take on the skilled but dirty and hazardous manual work, the company will replace him with a robot. Other small and medium-sized companies are also turning to automation as the gradual exit from the workplace of Germany's post-war "baby boom" generation tightens the labour squeeze. Managing director Henning Schloeder cited that trend to explain S&D Blech's push over several years towards automation and digitalisation, saying: "This will further aggravate the already difficult skilled labour situ...