90% of German manufacturing companies expect negative effects due to Iran war: Survey Related news

Orientul Mijlociu

BERLIN Around 90% of German manufacturing companies expect the Iran war to affect their business, while only 9% do not currently see negative consequences for themselves by the military conflict, according to a survey released by the Munich-based Ifo Institute on Tuesday. “The conflict impacts manufacturing directly but above all causes major uncertainty. Many companies are preparing for additional burdens in the coming months,” said Klaus Wohlrabe, head of surveys at Ifo. Most manufacturing