commerce germany July 2015 › fileadmin › user_upload › Publications › ... · 2019-11-27 · commerce germany OFFICIAL PUBLICATION OF THE AMERICAN CHAMBER OF COMMERCE IN GERMANY

commerce germanyO F F I C I A L P U B L I C A T I O N O F T H E A M E R I C A N C H A M B E R O F C O M M E R C E I N G E R M A N YSeptember 2016 • VOL 14 • ISSUE 3

US-German Internship Program: Interns meet in Berlin Working World: The Future of Work

TOP 50 US Companies: Mandate for Growth

Diversity Champion: Bianca Bourbon

Summer Celebrations: BBQs and Networking

€7.70

O F F I C I A L P U B L I C A T I O N O F T H E A M E R I C A N C H A M B E R O F C O M M E R C E I N G E R M A N Y

September 2016 commerce germany 3

a m c h a m g e r m a n y v i e w p o i n t

Aiming for a Better Work-Life Balance for Parents

Germany is doing well economically. Currently, 43.5 million people have a job, the highest number ever, and the number of vacancies stands at approx. 655,000. But the country’s economic success and prosperity will also depend on the labor market hav-ing sufficient access to highly qualified staff in the fu-ture. Some industries are already feeling the impact of demographic change – with positions remaining vacant for extended periods of time. Thus, in their quest to attract highly skilled staff, companies have to come up with innovative approaches.

Since the advent of digitization, our society and our working world have been undergoing profound changes. I see this development, first and foremost, as a tremendous opportunity for gender equality. Tel-ecommuting and home office are be-coming more widespread. The tradition of “nine to five” jobs still prevailing in many companies and ar-eas of the civil service in Germany is declining.

As Federal Minister for Family Affairs, my goal is to ensure that working parents are no longer penal-ized in our working world. The decision to have a family or a career is an entirely private matter – its consequences in the working world are not. Even to-day, it is mostly women who interrupt their careers to raise children or care for elderly relatives, often for many years. Many of the women work part-time. As a result, they not only have lower incomes, but also

poorer career opportunities and reduced pension payouts later in life.

More than half of parents with young children surveyed say that both partners should be able to work a simi-lar number of hours and share house-work and childcare equally. However, only a few manage to translate this aspiration into actual reality. I want to help parents make it work for them – to

have time for both family and career. And this is where my proposal for

a reduced working week for parents, “Familienarbeitszeit”, comes in. The idea is to grant couples a month-ly family benefit of €300 to work shorter hours (between 28 and 36 hours a week) for a period of up to

24 months. I am convinced that sharing careers and family responsibilities equally will become perfectly normal in a few years’ time.

Fundamental conditions for working parents al-so include the further expansion of childcare. Good childcare and schools not only support parents, they also improve educational opportunities for all children. This, too, contributes to securing Germany's skills base. What must be added are flexible solutions within the enterprises themselves and a work culture that re-spects both the desire for a family and the responsi-bilities of mothers and fathers besides their jobs.

Manuela SchwesigFederal Minister for Family Affairs, Senior Citizens, Women and Youth

Changes in the working world create opportunities for working parents

When the going gets tough…

Interim Management in Finance/Accounting/Controlling Committed & Professional

Ad hoc/vacancy/sick leave bridging, startup of business sites in Germany 20years+ professional experience in dynamic environments and US head-

quartered companies, mainly Software/IT Familiar with all aspects of Finance, managerial as well as operational Strong SOX background, SSC implementation, Sales Controlling, German

& US GAAP & IFRS and more Hands on, computer literate, multi-lingual, business partner oriented

If you need someone to go the extra mile for your business, we should talk!

PCS Schlessing GmbH — Bodo Schlessing, Managing Director — Im Ruessel 7 — 64839 Muenster

(Germany, Frankfurt area) — Phone +49 (0)178 695 5358 — email: [email protected] www.pcs-schlessing.de

Diversity & Inclusion

The American Chamber of Commerce in Germany e.V. (AmCham Germany) and Frankfurt Business Media – Der F.A.Z.-Fach-verlag have published their annual Corpo-rate Responsibility Publication.

This year, the focus is on “Diversity & Inclu-sion – Gelebte Vielfalt in global agierenden Unternehmen”. The 11th edition portrays best practice examples of Diversity & Inclu-sion measures and strategies from a variety of AmCham Germany’s member companies. These include diversity networks, initiatives for the support of refugees as well as activi-ties regarding individual career promotion for both genders.

Expert articles on issues such as unconscious biases and inclusive leadership complement the companies’ perspectives.

Trend survey

The Corporate Responsibility book also includes a trend survey on Diversity & Inclu-sion that was conducted among AmCham Germany’s member companies. The survey focuses particularly on the relevance of

Diversity & Inclusion for a company’s culture and success. It confirms that Diversity & Inclusion are increasingly important for busi-nesses.

Book Launch in April 2016

The publication was launched at the AmCham Germany Annual Membership Meeting in Leipzig in April 2016.

Available online

The Corporate Responsibility Publi-cation 2016 is available online:

Hardcopies can be ordered via [email protected].

www.amcham.de

More Information

For further information, please contact:Lena VerbeekT +49 30 288789-28E [email protected]

11th Edition of Corporate Responsibility Publication Available Now

2016 Anzeige CR cg2-2016.indd 2 20.05.2016 17:43:01


c o n t e n t s

chamber newsspecial report: AmCham Germany Diversity Champion – Bianca Bourbon

special report: US Interns – Get-Together in Berlin

amcham germany eventsevent report

summer celebrations

18 21

1222

from amcham germany membersexecutive member spotlight: Fragomen – Supporting Corporate Immigration

member know-how: Self-Employment in Germany / WINHELLER Rechtsanwaltsgesellschaft mbH

1621

cover story Working World – The Future of Work / Monster; 3M; Kienbaum6

amcham germany member supporttop 50 us companies in germany: A Clear Mandate for Future Growth

policy highlights

1124

2527

new memberschamber calendarCover: Participants of the US-German Internship Program

Working World – The Future of Work

Modern recruiting tools

New career paths

Transforming leadership

c o v e r s t o r y

6 commerce germany September 2016

As young talents from "Generation Y" are entering the job markets, the demo-

graphic development has led to a "war for talent". Young people can choose

their preferred employer and they go about it differently than older generations.

Accordingly, employers are transforming their career development and leader-

ship culture to attract the employees of tomorrow.

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Today’s generation of 18- to 35-year-olds is no longer content with half measures. Young people are making demands: on themselves, but also on their working lives

and on their (potential) employers. “Work-life balance”, “flexibility” and “sabbatical” are only three of the many buzzwords that come up when talking about “Generation Y” or “Millennials”.

Companies in need of young employees see this from widely divergent perspectives. The fact is that in just a few years, the generation of the “Baby Boomers” will retire and the gap they leave behind will be huge. In order to realize ambitious corporate goals, companies will need well- educated professionals who are prepared to work. But many companies doubt whether the men and women of Generation Y fit this profile.

Cooperative degrees – early entry to a career

However, the willingness of many members of this generation to work is demonstrated, for example, by the popularity of cooperative study programs: These programs combine professional training on the job in a company with a degree at

a specialized institution of higher education. The num-ber of students enrolled in such cooperative programs rose from 64,358 in 2013 to 94,723 in 2014, represent-ing an increase of 47%.

Cooperative degrees have a high workload. Stu-dents regularly alternate be-tween a practical phase and lecture periods. There are no semester breaks, only vacation leave determined by the company. Students must prepare for exams and complete assignments outside working hours.

This does not give the impression that mem-bers of Generation Y are averse to work. On the contrary: For companies, cooperative study pro-grams are a means of finding motivated em-ployees who have already demonstrated a high degree of flexibility during their education. If stu-dents’ working conditions in the company are at-tractive too, both sides will benefit.

Alternating projects and teams, individual freedoms and responsibility and modern career

paths are important factors for Generation Y. Therefore, for instance, 3M does not distinguish between management and professional person-nel when it comes to compensation. In the or-ganization, it is even possible to switch between the two tracks, just as it is possible to take side steps while climbing the career ladder or to take time out from jobs with a guaranteed right to return to them.

Generation Y is prepared to strike out on new paths in their professions and in their careers. As employers, companies would do well to enhance their support for such paths and develop them more intensively.

It was never easier/more complicated to find talent. This sounds paradoxical to you? It is not. The reality of human resources (HR) within most businesses looks exactly like

this. Talent is hard to find. Young professionals, or

as they are often called, “Generation Y” or “Mil-lennials”, are changing the way companies look at their internal structures and recruiting strat-egies. Millennials are challenging their future employers, communicating their requirements uber-confidently and simply ignoring many of the traditional ways of the job advertising busi-

ness. Plus, there is a lack

of highly qualified talent. This is the complicated part.

On the other hand, new, innovative technolo-gies provide today’s companies with an unprec-edented number of services to find the perfect candidate – this is the easy part. Companies can now search for candidates on mobile devices, on Facebook, in tech communities, etc. Recent sur-veys and internal analysis conducted by Monster uncovered three key areas which will shape re-cruiting in the coming years.

Mobile first. Without a mobile approach, recruiting will burst. Every candidate uses mo-bile devices. Today, over 40% of candidates hunt

for jobs via their smart-phones (and counting). Technologies like re-sponsive web design and one-click applica-tion are becoming cru-cial to address candi-dates. To make the shift to the mobile world, HR executives should look

for recruiting partners with a strong footprint in mobile recruiting to benefit from their experience and best practices.

Active sourcing. 45% of candidates would prefer to be contacted directly by a company in-stead of applying for a job, especially in the high-tech sector. Recruiters are facing a new assign-ment of roles: They have to actively search for talent, contact potential candidates and pitch the company’s vacancies. This means a huge change for HR executives, who are used to being contact-ed instead of selling jobs. In the future, recruiters will have to act more like marketers and will need a new set of skills and tools for an efficient active sourcing strategy.

Employer branding. Employer branding will become as important as product branding. Employer branding “sells” the organization and its vision to employees and potential candidates. To stand out, HR needs to define what makes the company unique and communicate this to candi-dates through the right channels. This is particu-larly important for smaller firms and hidden cham-pions competing with big companies.

Mobile and active sourcing will shape recruiting in the years to comeMarc Irmisch-PetitVice President General Manager Central EuropeMonsterwww.monster.de

New Career Paths for Generation Y

How to Find Talent – The Future of Recruiting

Generation Y is prepared to strike out on new paths in their careersRob SchokkerGeneral Manager Human Resources Germany3M www.3M.de


The world of work is undergoing the most dramatic change it has seen in the last four decades. As the wave of computer-ization seems to have run its course, a

new wave of digitization is following in its wake – and hitting companies everywhere with unex-pected intensity. Digital transformation is certain-ly affecting strategies and technologies, but it is having a particularly lasting impact on corporate culture, as well as on people’s attitudes and be-haviors.

Traditional leadership also needs to change as the trend moves towards much larger teams or ad-hoc project leadership. Today, leadership is substantially more dynamic than ever before – with temporary leadership and new selection formats, fluctuating teams comprised of internal and external staff (fluid workforces) and personal presence and availability giving way to globalized, virtual team arrangements.

Digitization and changing organization require new leadership

Traditional leadership instruments such as tar-get setting, annual performance reviews or de-

velopment interviews do not meet the require-ments of these dynam-ics. These staple tools of transactional leader-ship will survive, but on-ly if complemented by more transformational elements like inspiring, enterprising company visions or personal sup-port. Leadership in digitized organizations and teams will need more sensitive and supportive managers with an equally entrepreneurial spirit.

Managers are not left alone in this: They can find new tools for their work from the models and instruments of transformation management, agile project management and design thinking. Around them, the pace of change in markets and products or in internal structures will accelerate; business development will become more vola-tile in the opportunities it offers and the risks it poses. What is needed now is more professional executive management, equipped with the right strategic, digital and personal as well as social skills.

Continuous personal development determines success

The chain of command might shrink as man-agement tiers are removed in favor of new project management, expert or innovation roles. The abil-ity of managers to keep learning and changing will determine the shared success of individual teams and entire companies. Managers need to under-stand and accept their role as coaches and men-tors, and as trainers and pathbreakers for their em-ployees. Hierarchies and power, status anxiety and competition have no place in modern network or-ganizations that are as committed to innovation as the start-ups whose spirit they are emulating.

Contemporary Leadership Challenges

Traditional leadership instruments must be complemented by more transformational elementsDr. Walter JochmannManaging Director and Member of the Executive Board Kienbaum Consultants International GmbHwww.kienbaum.de

c o v e r s t o r y


a d v e r t o r i a l

Robots have been able to “move”, “hear” and “see” for some decades. Recent developments now allow for a three- dimensional vision. Sensor systems and

tactile senses have been massively improved as well as interaction with other machines and ro-bots. In combination with self-learning algo-rithms, staggering technological opportunities are possible: robots are becoming incredibly smart.

Smart robots affect job markets

Studies investigating the effect of accelerating technological development have one result in com-mon: in the medium and long term, more than half of the jobs are in danger – the lower the qualifica-tion, the higher the risk of being replaced by a robot, which seems evident. But: Robots will also threaten jobs in the medium-skilled level with non-routine tasks. They can work on large text documents much faster, can read and process them and even draw conclusions at a pace, precision and capacity a hu-man will never be able to beat. So instead of sup-porting humans to work more efficiently, technology will now completely replace them – a paradigm shift compared to the first three industrial revolutions.

Collaboration in human-robot teams

Another paradigm shift: robots are no longer separated from the workforce by fences or walls,

Working “hand in gripper” – read more about the drivers and effects of the human-robot

collaboration and the Tamagotchi effect

Industry 4.0 – Working in Hybrid Teams and Bonding with BotsRelationships between humans and

machines will one day be equivalent

to relationships between human

beings – it’s not an “if”, just a

“when”. This might seem fright-

ening but it could also be an answer

to the issue of ageing workforces,

skills shortages and employees’

increasing demands for advanced

and purposeful jobs.

but collaborate with humans “hand in gripper”, forming a hybrid team.

The triggers driving the hype of raising a plas-tic pet some 20 years ago are even more valid today and known as the “Tamagotchi effect”. Studies highlight the emotional connection that humans form with robots, which goes beyond, for example, giving your car a name.

Scientist Julie Carpenter interviewed military personnel (US forces) who use robots to disarm explosives. The impact of her findings is stagger-ing: the more a bot shows elements of personality and has its little quirks, the more human it seems and the more it affects the soldiers’ decision- making abilities negatively. So we will have to take into account behavioral patterns when work-ing in hybrid teams – it will be difficult for us not to see robots like humans and not to get at-tached to them.

▸ ABOUT THE COMPANY

CHRISTIANSEN advises and coaches entre-preneurs and companies on organizational assessments, redesign and related change programs – be it on individual, team or corporate level.

Frauke ChristiansenBurgallee 1561231 Bad Nauheim (near Frankfurt/M)E [email protected] +49 173 5473268Twitter: @FraukeChrW www.christiansen.company

Preparing for Industry 4.0

Industry 4.0 raises a variety of questions to be answered. Here are some that come up with human-robot collaboration:

Permanent up-skilling: How can we accept life-long learning as a must, since the routine jobs of today will be executed by robots tomorrow?

Change management: How do we react to potential fears of losing jobs and loss of so-cial status due to advanced technology?

Job profiles: What kind of profiles will survive and what is the impact on job grading, relat-ed remuneration systems, career development and the like?

Organizational structure: Will flat hierarchies and fewer leadership positions make tradition-al career paths obsolete?If you want to learn more about human-robot

collaboration and related concepts, please contact Frauke Christiansen.

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Germany, with its central location and excellent infrastructure is the perfect hub to Europe and to the adjacent mar-kets. US companies who make the bold

decision to invest in Germany as well as those who are already present in the German market may have many questions, such as:

What is the optimal legal form of the invest-ment?

What does the legal and accounting frame-work look like?

How to arrange the secondment of employ-ees to Germany?

How to deal with the complexity of German tax law?

What are the compliance pitfalls in Germany?

A strong basis – visions and values

To answer these questions, Warth & Klein Grant Thornton has chosen to set its reputation alongside a bold purpose: By unlocking the po-tential for growth in its employees, clients and communities, the company aims to help shape a vibrant economy where businesses and peo-ple can flourish. This purpose is embedded in the company’s business through three strategic aims: building trust and integrity in the market, unlock-ing sustainable growth in dynamic organizations, and creating environments where businesses and people flourish.

Many questions – competent answers

Warth & Klein Grant Thornton’s US Desk sup-ports US companies and entrepreneurs as a full service provider for professional financial services – from market entry to the expansion to the Eu-ropean market.

The US Desk in Germany combines dedicat-ed market and industry knowledge, proven tech-nical expertise and a profound understanding of the American culture. The interdisciplinary team of

�Frank SchmidT +49 211 9524-8547E [email protected] www.wkgt.com/en/services/ us-desk/

Carsten CarstensT +49 211 9524-8260E [email protected] www.wkgt.com/en/services/ us-desk/


Warth & Klein Grant Thornton is one of the leading German audit and professional services firms offering comprehensive professional services including Audit, Tax, Corporate Finance & Advisory, Governance, Risk & Compliance Services, as well

as Private Finance to companies of all sectors and sizes. For these services, the team in Germany can draw on the glob-al network of Grant Thornton Interna-tional covering 42,000 Grant Thornton people in over 130 countries at the highest standards.

▸ Warth & Klein Grant Thornton AG Wirtschaftsprüfungsgesellschaft Johannstr. 39 40476 Düsseldorf

Guiding US Companies Through Germany

experts across ten locations in Germany helps clients to make the right decisions and unlock their potential for growth. The team comprises German experts and US resi-dent Certified Public Accountants (CPAs). Already today, numerous subsidiaries of international cor-porations and mid-sized US-based companies with German operations rely on the team’s expertise.

From market entry to European expansion

Warth & Klein Grant Thornton’s US Desk ad-vises and guides clients through Germany and Europe in:

entering the German market and the Europe-an Economic Area,

choosing the optimal legal form for your ac-tivities in Germany,

compliance with regulatory requirements, such as tax or employment law,

ensuring adequate levels of reporting, inter-nally and externally, under local and interna-tional accounting principles,

outsourcing of services (accounting, payroll, tax, governance & risk, etc.),

establishing and monitoring of a SOX compli-ant internal control systems,

statutory audits under German GAAP, US GAAP standards, as well as under PCAOB rules.


s p e c i a l r e p o r t : a m c h a m g e r m a n y d i v e r s i t y c h a m p i o n

▾ How do you view the diversity and inclusion efforts at AmCham Germany so far?

▵ AmCham Germany has taken important first steps towards addressing diversity and inclusion, both internally and externally: signing the diver-sity charter ‘Charta der Vielfalt’, efforts and meas-ures of the Diversity Working Group, the Corpo-rate Responsibility publication on D&I, kicking off the Young Professionals initiative or the Women’s Luncheon at the Transatlantic Business Confer-ence in 2015. These are great measures that should motivate all of us to continue our efforts at AmCham Germany.

▾ Which opportunities and challenges do you see regarding D&I?

▵ I believe AmCham Germany has great poten-tial when it comes to diversity. Be it for instance the speakers at our events or the member com-panies’ representatives. Currently, both areas are still largely male-dominated. For example, out of 62 members on our Board of Directors, only nine are women. At our Annual Membership Meet-ing in Leipzig in April, participants were asked which aspects AmCham Germany should empha-size more. The majority responded that we should increase our efforts to attract more women and younger people. Though diversity is by no means just about gender and age, those traditional diver-sity aspects are a good starting point.

▾ How do you think AmCham Germany can benefit from D&I?

▵ As an international organization, AmCham Germany will benefit from more diversity at all levels: With panels bringing together a diverse range of perspectives, arguments and issues, our events and discussion culture will become even more interesting and constructive. The work of the Policy Committees could gain a creative im-petus and greater credibility. AmCham Germa-

AmCham Germany Appoints First Diversity Champion

ny’s attractiveness for members and potential new members might increase and we are setting AmCham Germany on a sustainable track for the future by positioning it as a modern, forward-thinking organization.

▾ What do you hope to achieve as AmCham Germany’s Diversity Champion?

▵ One prime task is to raise awareness. It is my aspiration to positively influence the way the Board of Directors addresses the issue. I would al-so like to improve AmCham Germany’s public per-ception as an organization that actively approach-es D&I and implements necessary steps in order to diversify its structure. I expect that, sooner rather than later, diversity will be thoroughly incorporat-ed into the organizational structure and culture in a way that makes the position of a Diversity Champion redundant. In order to achieve that, we all need to work together.

▾ Can you share your experiences regarding diversity during your career?

▵ When I first started my career at Coca-Cola in Romania right after the collapse of commu-nism, I was amazed by the variety of people work-ing there who came from all over the world and had very diverse – professional – backgrounds. Coca-Cola was like a melting pot. At Coca-Cola

I learned that, if you want to grow professionally and personally, you have to move and leave your country at some point. My first position abroad was in Vienna, where I experienced a different di-mension of diversity when working in a developed market for the first time. I was astonished by the lack of female colleagues, the majority of wom-en stayed at home once they had children. Up to now, I have worked in several different countries, which requires adapting to different lifestyles and working cultures. This is not always easy, but I en-joy new experiences and challenges. Today, I am a member of the Global and the European Women’s Leadership Council at Coca-Cola. We advise the Board of Directors on strategies for the advance-ment of women and we work closely with other committees, covering different aspects of diver-sity at Coca-Cola.

▾ How are diversity and inclusion linked?

▵ Diversity and inclusion are strongly linked: Diversity is not just about numbers and figures, about reaching a certain quota or filling positions with a diverse range of people. It is crucial how leaders leverage diversity, how they use and in-clude the different skills and opinions available to them. Diversity is not an end in itself, but – man-aged correctly – diversity drives business results, promotes innovation and gives you a competitive advantage.

Bianca Bourbon, member of AmCham Germany’s Board of Directors and General Manager of Coca-Cola Germany,

will serve as the Chamber's first Diversity Champion. She was appointed by President Bernhard Mattes on the propo-

sal of the Diversity Working Group. As Diversity Champion, Bianca Bourbon will be a special representative for diver-

sity and inclusion (D&I) on the Board of Directors and will be acting as a spokesperson for external communications.

Though diversity is by no means just about gender and age, those traditional diversity aspects are a good starting point


t o p 5 0 u s c o m p a n i e s i n g e r m a n y

TOP 30 US Employers in Germany

Employees 2015

1. McDonald's Deutschland Inc. 58,0001, 2

2. ManpowerGroup Germany 27,000

3. Ford-Werke GmbH 25,426

4. Adam Opel AG 18,160

5. United Parcel Service Deutschland Inc. & Co. OHG

18,000

6. IBM Gruppe 16,5003

7. Johnson Controls4 12,0003

8. GE Deutschland 11,0001, 5

9. Amazon Deutschland 10,0001, 5

10. Procter & Gamble Gruppe 10,0001

11. Aramark Holdings GmbH & Co. KG6 9,200

12. Coca-Cola Germany 9,000

13. Hewlett-Packard GmbH 8,7315

14. Federal-Mogul 8,2003

15. Goodyear 7,300

16. 3M Deutschland GmbH 6,700

17. John Deere GmbH & Co. KG 6,6101, 5

18. Honeywell Deutschland Holding GmbH 6,5001, 5

19. Yum! Restaurants International Ltd. & Co. KG6, 7

6,2502, 3

20. Subway6 6,1002, 3

21. Terex Germany6 6,0003

22. Lear Corporation 5,5003

23. United Technologies Corporation 5,381

24. TE Connectivity Germany GmbH 5,072

25. EATON Gruppe 5,0003

26. Thermo Fisher Scientific Germany6 5,0001

27. Dow Deutschland Anlagengesellschaft mbH

4,530

28. AGCO GmbH 4,200

29. Johnson & Johnson Gruppe8 4,0001, 5

30. Parker Hannifin GmbH 3,968

1) Company estimate.2) Including franchises.3) AmCham Germany estimate.4) Data including Johnson Controls Automotive Experience,

Building Efficiency and Power Solutions.5) Data taken from company website and/or annual report pursuant to

SEC filing requirements (Form 10-K).6) Significant US employer, but not in TOP 50 Ranking due to lower sales

revenue.7) Data including Pizza Hut and Kentucky Fried Chicken.8) Data including business segments Consumer, Medical Devices and

Pharmaceuticals.

For the ninth year in a row, automaker Ford-Werke GmbH tops the annual ranking with sales of nearly €19.8 billion in 2015. Fellow car manufacturer Adam Opel held onto sec-

ond place in 2015 with an estimated €14.1 bil-lion in revenue, followed by Amazon Deutschland (€11.1 billion), which moved up one rung from fourth to third place.

TOP 30 US Employers in Germany

In addition to the TOP 50 Ranking, AmCham Germany lists the TOP 30 US Employers in Germa-ny. In 2015, these companies accounted for nearly 330,000 jobs, with McDonald’s Deutschland tak-ing the lead.

Domestic Challenges: Digitization, Skilled Labor and Energy

AmCham Germany also uses its annual rank-ing to find out how US companies view Germany as an investment location. In comparison to last year, Germany was given a slightly lower grade of 2.4 (2015: 2.1) on a scale from 1 (excellent) to 6 (unsatisfactory). Nearly two-thirds of respond-ents (63%) expressed the need to foster and ad-vance digital transformation – an increase of 13% from last year. Moreover, more than half of the surveyed companies (58%) feel that not enough has been done to ensure the supply of skilled la-bor in Germany, and 43% rank the availability of affordable and environmentally-friendly energy as a prerequisite for future economic growth.

More Action Needed to Maintain Europe’s Economic Attractiveness

When surveyed on the role of Europe in the global economy, nearly nine out of ten respond-ents rank the European continent as the most at-tractive business location outside the US. However,

A Clear Mandate for Future Growth – TOP 50 US Companies in GermanyAmCham Germany’s annual survey produced mixed results this year.

While Germany remains an attractive investment location for US companies,

uncertainties about the future economic prospects of the country and the

continent, the digital transformation and competition with other global

business regions have made themselves felt.

when asked about the scenario in five years’ time, only 55% of respondents believe that Europe will remain number one after the US, while 45% see Asia in the lead. Reasons for this shift in attractive-ness include economic instability in the EU, which is seen by 78% as a major challenge. The rise of populist parties and uncertainties about the legiti-macy of EU institutions are also cited as significant obstacles (68% and 63%, respectively). Neverthe-less, there is good news for transatlantic coopera-tion in the field of digitization. Nearly three quarters of respondents believe that Europe is both a partner and a healthy competitor for the US when it comes to the digital transformation of business.

▸ For more information about the TOP 50 Ranking, please contact [email protected].

Watch this year’s TOP 50 Podcast here:

2016_AnzeigeEABO_neu.indd 2 25.08.2016 11:37:17



Company Top executive(s) Address Sales in 2015 (€) Employees US parent company Branch/industry

1. Ford-Werke GmbHwww.ford.de

Bernhard Mattes Henry-Ford-Str. 150735 Cologne

19,760,000,000 25,426 Ford Motor CompanyDearborn, MI

Automotive

2. Adam Opel AGwww.opel.de

William F. Bertagni, Ulrich Schumacher

Bahnhofsplatz65423 Rüsselsheim

14,100,000,000estimate

18,160 General Motors CompanyDetroit, MI

Automotive

3. Amazon Deutschland1

www.amazon.deRalf Kleber Marcel-Breuer-Str. 12

80807 Munich11,072,000,0002, 3 10,0003, 4 Amazon.com, Inc.

Seattle, WAInternet retail

4. ExxonMobil Central Europe Holding GmbHwww.exxonmobil.de

Florian Barsch, Dr. Annette Flormann-Pfaff, H. Herbert Krebühl

Caffamacherreihe 520355 Hamburg

9,500,000,000incl. petroleum tax

2,946 Exxon Mobil CorporationIrving, TX

Oil and gas (up-stream and down-stream), chemicals

5. IBM Gruppe1

www.ibm.com/de-deMartina Koederitz IBM-Allee 1

71139 Ehningen7,290,000,000estimate

16,500estimate

IBM CorporationArmonk, NY

IT

6. JET Tankstellen Deutschland GmbHwww.jet-tankstellen.de

Jörg Biermann, Georg Ober, Anthony Reddington

Caffamacherreihe 120355 Hamburg

6,930,000,000incl. petroleum tax

250 Phillips 66 CompanyHouston, TX

Energy

7. Philip Morris GmbHwww.pmi.com

Stacey Kennedy Am Haag 1482166 Gräfelfing

6,300,000,0005 incl. tobacco tax

2,4004, 5 Philip Morris International Inc.New York, NY

Tobacco

8. Hewlett-Packard GmbHwww.hpe.com/de

Heiko Meyer Herrenberger Str. 14071034 Böblingen

5,917,000,0003 8,7313 Hewlett Packard EnterprisePalo Alto, CA

IT

9. GE Deutschland1

www.ge.com/deDr. Carlos Härtel, Udo Josef Klaeren

Bleichstr. 64-6660313 Frankfurt/M

5,800,000,000estimate

11,0003, 4 General Electric CompanyFairfield, CT

Energy, technology, service

10. Apple1

www.apple.deGene Daniel Levoff, Gary Joseph Wipfler

Arnulfstr. 1980335 Munich

5,500,000,000estimate

2,2003 Apple Inc.Cupertino, CA

Computers, IT services

11. Ingram Micro1

www.ingrammicro.deErnesto Schmutter Heisenbergbogen 3

85609 Aschheim4,700,000,000estimate

1,5003, 4 Ingram Micro Inc.Irvine, CA

IT distribution

12. Microsoft Deutschland1

www.microsoft.com/de-deSabine Bendiek Konrad-Zuse-Str. 1

85716 Unterschleißheim3,400,000,000estimate

2,7003, 4 Microsoft CorporationRedmond, WA

IT, software

13. John Deere GmbH & Co. KGwww.deere.de

Markwart von Pentz, Christoph Wigger

John-Deere-Str. 876646 Bruchsal

3,170,000,0003 6,6103, 4 Deere & CompanyMoline, IL

Farm equipment

14. Johnson Controls1, 6

www.johnsoncontrols.com/de-deAlex Molinaroli Industriestr. 20-30

51399 Burscheid3,162,000,0002, 3 12,000

estimateJohnson Controls, Inc.Milwaukee, WI

Automotive

15. McDonald's Deutschland Inc.www.mcdonalds.de

Marcus Almeling, Holger Beeck

Drygalski-Allee 5181477 Munich

3,000,000,0004 58,0004

incl. franchises McDonald's CorporationOak Brook, IL

Quickservice restaurants

16. Procter & Gamble Gruppe1

www.pg.com/de_deFranz-Olaf Kallerhoff Sulzbacher Str. 40-50

65824 Schwalbach3,000,000,000estimate

10,0004 The Procter & Gamble CompanyCincinnati, OH

Consumer goods

17. Dow Deutschland Anlagengesellschaft mbHwww.dow.com

Dr. Willem Huisman Am Kronberger Hang 465824 Schwalbach

2,700,000,000 4,530 The Dow Chemical CompanyMidland, MI

Chemicals, plastics

18. Intel1

www.intel.deChristin Eisenschmid, Christian Lamprechter

Dornacher Str. 185622 Feldkirchen

2,700,000,000estimate

3,2003, 4 Intel CorporationSanta Clara, CA

Computer components

19. Cargill1

www.cargill.deLudger te Laak Cerestarstr. 2

47809 Krefeld2,534,000,000 1,816 Cargill Incorporated

Minnetonka, MNFood manufacturing

20. Arrow Central Europe GmbHwww.arrow.com

Andrew King, Robert Schickhoff

Frankfurter Str. 21163263 Neu-Isenburg

2,500,000,000estimate

1,000estimate

Arrow ElectronicsCentennial, CO

Electronics

21. Google Germany1

www.google.dePhilipp Justus ABC-Str. 19

20354 Hamburg2,500,000,000estimate

1,000estimate

Alphabet Inc.Mountain View, CA

Internet services

22. Unitymedia GmbH7

www.unitymedia.deLutz Schüler Aachener Str. 746-750

50933 Cologne2,172,300,0003 2,6543 Liberty Global plc

London, United KingdomTelecommunications, media

23. 3M Deutschland GmbHwww.3mdeutschland.de

Dr. John Banovetz Carl-Schurz-Str. 141453 Neuss

2,100,000,000 6,700 3M CompanySt. Paul, MN

Multi-technology

24. Johnson & Johnson Gruppe1, 8

www.jnj.deJan Meurer Johnson & Johnson Platz 2

41470 Neuss2,100,000,000estimate

4,0003, 4 Johnson & JohnsonNew Brunswick, NJ

Healthcare products

25. Celanese GmbH9

www.celanese.deJens Kurth, Michael Willms

Am Unisys Park 165843 Sulzbach

2,022,000,000 1,455 Celanese CorporationIrving, TX

Chemicals

26. AGCO GmbHwww.fendt.com/de

Peter-Josef Paffen Johann-Georg-Fendt-Str. 487616 Marktoberdorf

2,000,000,000 4,200 AGCO CorporationDuluth, GA

Farm equipment

27. Coca-Cola Germany1

www.coca-cola-deutschland.deBianca Bourbon, Barbara Körner

Stralauer Allee 410245 Berlin

2,000,000,000 9,000 The Coca-Cola CompanyAtlanta, GA

Beverages

28. Mondelēz Deutschland1

www.mondelezinternational.comThorsten Rodehüser Langemarckstr. 4-20

28199 Bremen2,000,000,000estimate

2,000estimate

Mondelēz International, Inc.Deerfield, IL

Food manufacturing



Company Top executive(s) Address Sales in 2015 (€) Employees US parent company Branch/industry

29. Lear Corporation1

www.lear.comJörg Finke, Robert C. Hooper

Vor der Schanz 1-565462 Ginsheim- Gustavsburg

1,862,000,0002, 3 5,500estimate

Lear CorporationSouthfield, MI

Motor vehicle manufacturing

30. Caterpillar Gruppe1

www.cat.com/de_deMichael Heidemann, Dan G. Sundell

Falckensteiner Str. 224159 Kiel

1,800,000,000estimate

3,9003, 4 Caterpillar Inc.Peoria, IL

Machinery manufacturing

31. Mars Deutschland1

www.mars.deTom Albold, Tomasz Pawlowski

Industriering 1741751 Viersen

1,800,000,000estimate

2,6003, 4 Mars, IncorporatedMcLean, VA

Food, petfood

32. Goodyear1

www.goodyear-dunlop.deAlexander Bleider, Evelyne Freitag, Susanne Seither, Jürgen Titz

Dunlopstr. 263450 Hanau

1,724,678,900 7,300 The Goodyear Tire & Rubber CompanyAkron, OH

Tire industry

33. Pfizer Deutschland1

www.pfizer.dePeter Albiez Linkstr. 10

10785 Berlin1,700,000,000estimate

2,000 Pfizer Inc.New York, NY

Pharmaceutical and medical manufacturing

34. EATON Gruppe1,7

www.eaton.deChristof Spiegel Hein-Möller-Str. 7-11

53115 Bonn1,500,000,000estimate

5,000estimate

EATON Corporation plcDublin, Ireland

Power management

35. Texas Instruments Deutschland GmbHwww.ti.com

Andreas Schwaiger Haggertystr. 185356 Freising

1,500,000,000estimate

1,500estimate

Texas Instruments Inc.Dallas, TX

Electronic equipment

36. Federal-Mogul1

www.federalmogul.com/de-deRainer Jückstock, Daniel A. Ninivaggi

Stielstr. 1165201 Wiesbaden

1,376,000,0002, 3 8,200estimate

Federal-Mogul CorporationSouthfield, MI

Automotive

37. Nike Deutschland1

www.nike.de/de_deDaniel Eppler Otto-Fleck-Schneise 7

60528 Frankfurt/M1,365,000,000estimate

300estimate

Nike, Inc.Beaverton, OR

Sports equipment

38. Oracle1

www.oracle.com/deFrank Obermeier Riesstr. 25

80992 Munich1,347,000,0002, 3, 10 2,10011

estimateOracle CorporationRedwood City, CA

IT, software

39. United Technologies Corporation1

www.utc.com

Udo Hoffmann12 Otisstr. 3313507 Berlin

1,339,000,0002 5,381 United Technologies CorporationFarmington, CT

High-tech products, research

40. Honeywell Deutschland Holding GmbHwww.honeywell.com

Matthias Maaz, Reiner Turban

Strahlenbergerstr. 110-11263067 Offenbach

1,300,000,000estimate

6,5003, 4 Honeywell International, Inc.Morris Plains, NJ

Control technologies, aerospace, transpor-tation systems

41. MSD SHARP & DOHME GMBHwww.msd.de

Dr. Claus Dollinger,Dr. Susanne Fiedler, Dr. Kristian Löbner

Lindenplatz 185540 Haar

1,300,000,000 2,20013 Merck & Co., Inc.Kenilworth, NJ

Pharmaceuticals

42. eBay1

www.ebay.deStefan Wenzel Albert-Einstein-Ring 2-6

14532 Kleinmachnow1,227,000,000 2, 3 1,000 3, 4 eBay Inc.

San Jose, CAInternet services

43. United Parcel Service Deutschland Inc. & Co. OHGwww.ups.com/de

Frank Sportolari Görlitzer Str. 141460 Neuss

1,225,000,000estimate

18,000 United Parcel Service of America, Inc.Altanta, GA

Parcel and express delivery, logistics services

44. Dell1

www.dell.deDoris Albiez, Mark Möbius,Jürgen Renz

Main Airport Center, Unterschweinstiege 1060549 Frankfurt/M

1,200,000,000estimate

2,0003, 4 Dell Inc.Round Rock, TX

Computers, IT services

45. TE Connectivity Germany GmbH7

www.te.comEric Küppers, Thomas Schmidt

Ampèrestr. 12-1464625 Bensheim

1,105,000,000 5,072 TE Connectivity Ltd.Schaffhausen, Switzerland

Electronics

46. EMC Deutschland1

www.emc.comDinko Eror Am Kronberger Hang 2a

65824 Schwalbach1,030,000,000estimate

1,200estimate

EMC CorporationHopkinton, MA

Computer storage

47. Parker Hannifin GmbHwww.parker.com/de

Dr. Hans-Jürgen Haas, Ellen Raahede Secher, Günter Schrank, Cornelis Johannes Veraart

Am Metallwerk 933659 Bielefeld

1,025,339,804 3,968 Parker Hannifin CorporationCleveland, OH

Motion and control technologies and systems

48. AbbVie Deutschland1

www.abbvie.deDr. Patrick Horber Mainzer Str. 81

65189 Wiesbaden1,014,000,0002, 3 2,6003, 4 AbbVie Inc.

North Chicago, ILBiotechnology

49. Abbott Deutschland1

www.abbott.deStefan Boll, John Coulter

Max-Planck-Ring 265205 Wiesbaden

941,000,0002, 3 2,6003, 4 Abbott LaboratoriesAbbott Park, IL

Biotechnology, pharmaceuticals

50. ManpowerGroup Germany1

www.manpower.deHerwarth Brune Düsseldorfer Str. 9

65760 Eschborn921,000,000 27,000 ManpowerGroup Inc.

Milwaukee, WIEmployment services

Note: If more than one top executive is given, names are listed alphabetically.

1) In cases where no corporate identity is given (e.g., GmbH, AG or KG), sales are generally combined from multiple sources; that is, from various associated companies.

2) Data converted from US Dollars and rounded based on average annual exchange rate for 2015.3) Data taken from company website and/or annual report pursuant to SEC filing requirements (Form 10-K).4) Company estimate.5) Data for 2014.6) Data including Johnson Controls Automotive Experience, Building Efficiency and Power Solutions.

7) Majority of parent company shares in US possession.8) Data including business segments Consumer, Medical Devices and Pharmaceuticals.9) Sales data for European markets consolidated in Celanese GmbH.10) Data through end of May 2016.11) Data for Oracle Deutschland B.V. & Co. KG.12) Top executive and German address data for OTIS & Co. OHG.13) Employee data including MSD Tiergesundheit.



Germany is well known as one of the world’s largest exporters. But the coun-try is also an ideal destination for cap-ital investment,” said Andreas Glunz,

Managing Partner International Business at KPMG in Germany.

Indeed, the amount of foreign capital invested in Germany is on the rise. Given its central location and position as Europe’s largest economy, Germany is increasingly seen as the gateway to all of Europe.

US companies – being ahead of all other countries regarding foreign direct investment in Germany – have consistently held the top po-sition for many years, according to the KPMG study “Business Destination Germany”. In total, US companies account for almost 850,000 jobs in Germany, as the Hoppenstedt database shows. “I am convinced that this number will continue to rise”, said Warren Marine, Head of Country Prac-tice USA at KPMG in Germany.

KfW, the German development bank, esti-mates that within the next three years approx-imately 600,000 small and medium-sized en-terprises will be looking for a successor to lead the company. “The upcoming generation change amongst the German Mittelstand provides an excellent opportunity for foreign investors to gain a foothold in industries such as machinery, auto-motive and heavy industry, where Germany prides itself with many hidden champions”, Glunz said.

Yet another important argument in Germany’s favor was recently provided by the Brexit vote. Non-EU companies with holding company struc-tures in the United Kingdom may now need to look elsewhere to locate their European head-quarters’, depending on how the UK ultimately

Investing in Europe’s Engine

decides to disengage with the European Union. Germany provides many advantages for compa-nies looking to relocate from the UK.

“US companies facing a potential relocation of their European headquarters’ due to Brexit should not overlook Germany. There are many advantages ranging from a highly skilled workforce to taxation which need to be carefully considered,“ Marine cautions. “KPMG’s recently issued publication, ‘The

Warren Marine Head of Country Practice USA T +49 711 9060-41300 E [email protected]

Oliver Heinsen International Tax Services T +49 69 9587-2561 E [email protected]

Andreas Glunz Managing Partner International Business T +49 211 475-7127 E [email protected]

Brexit Strategy – The Impact of Brexit on US compa-nies with UK Holdings’, provides further insights.”

Heeding this advice and relying on their well-developed networks, American companies are in a favorable position to remain Germany’s top foreign investors. But the promising prospects of Germany’s economy have not gone unnoticed in other parts of the world. Most notably Chinese investors are step-ping up their efforts significantly in 2016.


KPMG is a network of professional firms with more than 174,000 employees in 155 coun-tries. In Germany too, KPMG is one of the leading auditing and advisory firms and has around 9,800 employees at over 20 locations. Its services cover: Audit, Tax, Consulting and Deal Advisory. KPMG supports its clients with teams of interdisciplinary specialists for key industries. These pool the experience of the company´s experts around the world and of-fer best-in-class advisory services.

To see where foreign capital in Germany is coming from and which sectors are most promising, please go to ▸ kpmg.de/businessdestinationgermany

For more information on the Brexit strategy go to ▸ kpmg.de/the-brexit-strategy

The website of the International Business team of KPMG in Germany can be found at ▸ kpmg.de/international-business

Germany attracts more and more investment capital. Those who are well prepared will

be rewarded with opportunities that are difficult to find elsewhere, with the Brexit

providing yet another reason for investors to look in Germany's direction.

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PMG

mailto:[email protected]




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In today’s social and political climate, corporate immigration – immigration of employees for business purposes – is becoming more and more complex, and ensuring compliance with immi-

gration law and policy is all the more challenging.Shifting geo-political trends such as the mi-

gration crisis and security threats are leading to ever stricter immigration controls, and govern-ments are initiating tougher penalties for non- compliance with local rules and regulations. At the same time, recruitment from other countries is becoming increasingly popular as businesses struggle to find candidates with the necessary skills to fill their vacancies.

Worldwide services and support

Fragomen’s immigration guidance and ser-vices cover a broad range of topics, from visa

Fragomen – Supporting Corporate Immigration

applications and work permits, matters of Ger-man citizenship and naturalization. They also as-sist clients with compliance consulting and anal-ysis, government strategies, support for spouses and dependents, and document procurement and consular services.

Dedicated team of experts

At Fragomen in Frankfurt/M, companies headquartered or operating in Germany will find knowledgeable, experienced German- speaking lawyers and immigration professionals who are focused on all aspects of German immigration and nationality law. Whether individuals are in need of immigration services or businesses are moving staff to or from Germany, the US or around the world, Fragomen’s Germany team can provide the most relevant support.

▸ ABOUT FRAGOMEN

Fragomen is a leading single-focus provider of global immigration guidance and support, backed by the best resources in the immigration services industry. With more than 40 offices and over 3,100 em-ployees strategically located in key commercial centers throughout Europe, the Americas, Asia Pacific, the Middle East and Africa, Fragomen provides immigration services in more than 170 countries.

Fragomen supports clients in all aspects of global immigration, including strategic planning, compli-ance, government relations, reporting and case management. Its broad client base ranges from individuals and emerging businesses to many of the world’s leading multinational corporations. Fragomen Global LLP, Germany branch is a limited liability partnership practicing law in Germany.

e x e c u t i v e m e m b e r s p o t l i g h t

Stephen GreenPartnerE [email protected]

Fragomen Global LLPNeue Mainzer Str. 7560311 Frankfurt/MT +49 69 209749-0 W www.fragomen.com

Visa applications and work permits Moving to and from Germany Document and consular services

Dr. Axel Boysen Partner E [email protected]

In July 2016, newly appointed Fragomen part-ner Dr. Axel Boysen joined Fragomen’s Germany team.

Boysen and local partner Stephen Green will work together to oversee the strategic and op-erational development of the firm’s service deliv-ery in Germany. With the addition of Dr. Boysen, Fragomen is strategically strengthening its market position as the preeminent provider of immigra-tion consulting services to German businesses.


c h a m b e r n e w s

10th Annual Transatlantic Business ConferenceThis year’s Annual Transatlantic Business Conference is scheduled to take place in Frankfurt/M on November 9 and 10. The annual fall conference ex-plores critically important issues facing the transatlantic economic relation-ship. With keynote addresses, panel discussions and workshops, the confer-ence serves as a discussion platform for transatlantic leaders.

The focus of this year’s event is the challenges posed by politics and tech-nological development and how European and American business leaders can change their ways to succeed in this rapidly changing world. Organized by AmCham Germany and Frankfurt Business Media in cooperation with the Trans-Atlantic Business Council (TABC) and the Federation of German Industries e.V. (BDI) and co-organizers Commerzbank and Deloitte, the Annual Transatlantic Business Conference is an outstanding networking event for business, political and diplomatic decision-makers.

▸ For more information and tickets please visit www.transatlantikkonferenz.de/en

Third Berlin Growth Company ForumThe Growth Company Forum 2016 is an interactive full-day conference featuring keynotes from industry experts and other leaders, presentations by growth companies, startup pitches and networking opportunities aimed at illuminating the current limits and possibilities of growth funding in Germany.

This year’s Forum will take place on October 12 and will be held in Berlin at the ESMT European School of Management and Technology. The event is organized by AmCham Germany together with the German Startups Associa-tion and the German Technology Entrepreneurship Center (GTEC).

▸ For more information and tickets please visit www.growthcompanyforum.de

For your 35% discount as an AmCham Germany member, please enter the following promotion code at the bottom of the registration page:

AmCham_GCF16

▸ For the latest updates on AmCham Germany’s news and activities, please visit our social media accounts

Facebook: www.facebook.com/ AmericanChamberofCommerceinGermany Twitter: twitter.com/AmChamGermany YouTube: www.youtube.com/user/AmChamGermany or our website: www.amcham.de

TR ANSATL ANTICBusiness Conference

Staff ChangeSince September 1, Patricia Limburg, Manager Com-munications & Government Relations, is back from parental leave, joining the team in the Frankfurt/M office. She can be reached at [email protected] or +49 69 929104-40.

▸ For sights and sounds from last year’s Transatlantic Business Conference watch the event film with statements from high- level speakers, among them Penny Pritzker, US Secretary of Commerce, and Julie Sweet, Group Chief Executive North America at Accenture.

www.youtube.com/user/AmChamGermany

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e v e n t r e p o r t

SCIENCE FOR SOCIETY

Frankfurt/M, May 3. Participants at this Business Luncheon listened to Prof. Birgitta Wolff, Pres-ident of Goethe University in Frankfurt/M, who shared her view on how the university can reach out to touch society with its science and research. Goethe University is a research-oriented university

SETTING UP BUSINESS IN GERMANY

Frankfurt/M, May 12. Experts Surmila Ghorai and Nicole Matje from global business servic-es provider TMF Group and Prof. Michael J.J. Brück of Prof. Brück Rechtsanwälte advised par-ticipants on the complexities and challenges of setting up a business in Germany at this Expert

5G AND TACTILE INTERNET

Dresden, May 18. The upcoming fifth genera-tion (5G) of mobile communication systems will lead to another leap in wireless technology. With extremely low latencies (1 ms), combined with high reliability and security, 5G will introduce the Tactile Internet. In his keynote speech at this Business Breakfast, Prof. Gerhard P. Fettweis, Vodafone Chair Professor at Technical University Dresden, gave an outlook on the numerous new opportunities emerging from this technology. Pic-tured here are Fettweis and Prof. Heribert Heck-schen, Saxony Regional Committee (Dresden) Chair.

CYBER SECURITY AND THE DARKNET

Stuttgart, June 14. A group of around 30 par-ticipants visited the Hewlett Packard Enterprise Security Center during this Business After Hours. After welcoming remarks by Heiko Meyer, Man-aging Director of Hewlett Packard Enterprise and Vice President of Hewlett Packard Enterprise Group Germany, the group listened to a speech by Claudio Wolff, Head of the Security Opera-

GERMAN ENTREPRENEURS IN TEXAS

Stuttgart, July 21. This joint Business After Hours of AmCham Germany and Ernst & Young featured two young German entrepreneurs who started their Kebab food restaurant chain in Texas right out of university. Michael Heyne, CEO, and Dominik Stein, CFO, of VERTS Mediterranean Grill, presented their business concept to nearly 70 attending guests, who also got to enjoy deli-cious Mediterranean food. The founders are look-ing to find investors for their planned expansion beyond Texan borders to the US East and West Coast. Pictured here are (from left): Bernhard Muthsam of Ernst & Young; Heyne; Stein; and Oliver Karpf of Bank für Tirol und Vorarlberg AG.

with three clusters of excellence in medicine, life sciences and the humanities. The university was founded as a “citizens‘ university“ (Bürgeruniver-sität) in 1914 with purely private funds. Pictured here is Wolff together with Rhine-Main Regional Committee Chair Dr. Mark C. Hilgard.

tions Center, who introduced them to the cyber-security threats and attacks lurking in the inter-net in general, and particularly in the depths of the darknet. Following the inspiring speech, par-ticipants took the opportunity to ask questions and engage in a very lively dialogue during a net-working reception, continuing until well into the evening.

Briefing. They explained similarities and differ-ences between Germany and the US and also touched on aspects of compliance with legal re-quirements and anti-money laundering measures. The presentations were followed by a Q&A ses-sion and a get-together with dinner buffet.


FINANCIAL MARKETS OUTLOOK

Munich, June 6. Two weeks before the United Kingdom voted to exit the European Union, at-tendees at this Business After Hours listened to a speech by Dr. Martin Lück, Chief Investment Strategist for Germany, Austria and Eastern Eu-

BIRTHPLACE OF BMW MOTORCYCLES

Berlin, June 15. Guests of this Business After Hours visited the premises of BMW Group’s plant in Berlin to take a closer look at the production of the company’s famous motorcycles. Dr. Dirk Schumann, Department Head for paintshop and

SUCCESSFUL FAMILY BUSINESS

Stuttgart, June 23. This well-attended Business Luncheon featured a presentation by Hartmut Jenner, CEO and Chairman of the Management Board of Alfred Kärcher GmbH & Co. KG, who shared insights into the success factors of this well-known family-owned business. He talked

INNOVATION AND MOBILITY

Cologne, June 30. Members and friends of the Cologne Regional Chapter were invited to this well-attended Business Luncheon to hear Bernhard Mattes, Chairman of the Manage-ment Board at Ford-Werke GmbH, share insights into the topic of “Mobility of the Future”. Mattes’ presentation was followed by a Q&A session and a lively discussion.

DIGITIZATION AND DATA PROTECTION

Munich, July 18. Digitization and data pro-tection were at the focus of this AmCham Germany Forum with former Federal Min-ister of Justice, Sabine Leutheusser- Schnarrenberger. After a welcoming speech by Bavaria Regional Committee Co-Chair Andreas Würtenberger, Leutheusser-Schnarrenberger, who is also member of the board at the Friedrich Naumann Foundation for liberal politics, inspired guests to a lively discussion on digitization and the challenge it presents to the protection of personal and corporate data. The event was wrapped up by a networking reception and dinner buffet.

about the history and products of the company and gave an outlook on future innovations and technologies. Pictured here are (from left): Bernd Schäfer-Surén of Le Méridien Stuttgart; Jenner; and Baden-Württemberg Regional Chair Prof. Gerhard Wegen.

rope at BlackRock. He spoke about the conse-quences of a possible Brexit and of other current political developments such as the refugee crisis for Europe and its financial markets. The speech was followed by a networking reception.

chassis at BMW Group, gave a company presenta-tion before guiding the guests through the facility and answering their questions about production and models. Pictured here are participants follow-ing the tour together with Schumann (right).

DATA EXCHANGE ACROSS THE ATLANTIC

Cologne, June 2. Guests of this Expert Briefing first enjoyed a guided tour of Colognes histor-ic civil airport at Butzweilerhof, before Helmut Sauro, Senior Consultant for e-discovery and computer forensics at Kroll Ontrack GmbH, took them on another exciting journey through time from the beginnings of transatlantic air mail to to-day’s data exchange with the US. He also shared deeper insights on the protection of personal da-ta in US litigation. The event was followed by an American BBQ dinner buffet.


e v e n t r e p o r t

Gotha, June 22. After enjoying a tour through the exhibition of the Schloss Friedenstein Foun-dation at the newly-built Perthesforum in Gotha, participants of this Business After Hours listened to Chris Ensminger, Head Coach of the basket-ball team Oettinger Rockets Gotha, who shared his view on “Motivation – in business, sports and culture”. Following the speech, a planned exhibi-

tion exchange project between Gotha and its twin city Gastonia, North Carolina, was presented by Knut Kreuch, Mayor of Gotha, and exhibition designer Beate Aé-Karguth. Pictured here are (from left): Aé-Karguth; Stefan Hertwig, Thuringia Regional Committee Chair; Andreas Karguth; and Robert Gatehouse, Consul for Political and Eco-nomic Affairs at the US Consulate General Leipzig.

AUTOMOBILE INNOVATION

Düsseldorf, June 9. Around 50 business and political leaders at this Business Luncheon heard Bernhard Mattes, Chairman of the Management Board at Ford-Werke GmbH, illuminate the topic of “Ford Innovation and Mobility”. The lecture was followed by a stimulating round of questions and a discus-sion. Pictured here are (from left): Frank Sportolari,

US ELECTION TALK

Berlin, June 30. With US presidential elections ap-proaching quickly, this AmCham Germany elec-tion event featured a panel discussion with Frank Sportolari, President of United Parcel Service Deutschland Inc. & Co. OHG, and Karl-Georg Wellmann, MdB (CDU/CSU) and member of the German Parliament's Foreign Affairs Commit-tee. The discussion explored the candidates’ cam-paigns and panelists fielded questions about the hard-fought race. Pictured here are (from left): Wellmann; Berlin-Brandenburg Regional Commit-tee Chair Carl Graf von Hohenthal; and Sportolari.

DIGITAL ACCOUNTING TALK

Leipzig, June 7. This joint AmCham Germany-PricewaterhouseCoopers (PwC) event updated participants on current developments in tax law. PwC experts Torsten Lechelt, Director, Risk Assurance Solutions; Andreas Theuerkauf, Manager Risk Assurance Solutions; and Birgit Thalhammer, Director Corporate Tax Service, ex-plored the consequences of recent changes in the German principles of orderly accounting and data access (GoBD) for digital accounting.

GLOBAL MEGATRENDS

Stuttgart, May 31. To share how Robert Bosch GmbH develops products for markets of the fu-ture, the company’s Future Research and Technol-ogy Strategist, Dr. Andrej Heinke, offered his in-sights on global megatrends and challenges for global corporates at this Business After Hours.

President of United Parcel Service Deutschland Inc. & Co. OHG; Dr. Norbert Vogelpoth, Chairman of the Supervisory Board of PricewaterhouseCoopers (PwC); Mattes; Dr. Jörg Dederichs, General Manager Human Resources at 3M Deutschland GmbH; and Werner L. Kanthak, AmCham Germany Representa-tive North Rhine-Westphalia.

CULTURAL ENGAGEMENT AND MOTIVATION

EFFECTIVE LEADERSHIP

Frankfurt/M, June 9. Dr. Ben Tiggelaar, re-searcher and visiting professor at IE Business School in Madrid, Spain, held a very practical master class at the historic Villa Metzler. During this Expert Briefing, he enlightened the audience on “Stairway to the top: five steps to become a

more effective leader” and how to build a more productive and engaging workplace. Tiggelaar is a renowned Dutch management teacher who has studied the subjects of change and leader-ship for over 25 years. His goal: helping people to turn their dreams into actions.

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c h a m b e r n e w s

Recently, a German court had to decide on when a profession-al activity is considered to be self-employment and when it

is considered a dependent employment relationship (disguised employment, Scheinselbständigkeit). This is relevant, because German employ-ees and employers are obliged to pay premiums into statutory social insur-ance to ensure employ-ees are not left without means in the event of invalidity or old age. Individuals who are self-employed are not subject to this obligation. In ad-dition, they enjoy several tax advantages and exemptions. The question of what the criteria should be for self-employed freelance activity continues to be the source of fierce discussions.

In general, people are considered to be employed when they are personally dependent on their employer and subject to directives. This definition appears quite straightforward. However, in the case con-sidered by the court, the employer was the operator of a supermarket who em-

ployed a third-party com-pany consisting of one individual only to fill the shelves of the supermar-ket. This external compa-ny could decide indepen-

dently when to accept the orders placed by the supermarket. In this respect, the company was largely independent of the supermarket, had to bear its own business risk, and was quite independent in per-forming its work. All these circumstances supported the assumption that it was, in fact, a self-employed work relationship.

However, the court held that each case had to be analyzed in detail to de-termine the importance that should be ascribed to the individual facts and cir-cumstances that made up the overall picture. It had to be examined whether the company was really independent in performing its work, or whether the pro-visions merely existed on paper.

The court held that the latter was the case. The possibility to decline or-ders or to work for several employers was comparable to the situation of a job seeker and not a decisive factor of self- employment.

In fact, in an increasingly complex and open world of work, the prerequi-sites for self-employed status have al-so become increasingly strict. The labor market will have to continue to progress in this respect.

Self-Employment in Germany – Legal Discussion

The prerequisites for self-employed status have become increasingly strict

m e m b e r k n o w - h o w

Dr. Eric UftringCertified Employment Law SpecialistCertified Tax Law SpecialistWINHELLER Rechtsanwalts-gesellschaft mbHTower 185Friedrich-Ebert-Anlage 35-3760327 Frankfurt/MT +49 69 767577-80F +49 69 767577-810E [email protected] www.winheller.com

s u m m e r c e l e b r a t i o n s

June 23. This year’s AmCham Germany summer celebrations started off with a Jazz Barbecue organized jointly with the Ameri-kahaus München. Claus Reichstaller’s All@Jazz Quintet entertained guests with jazzy tunes for a summer evening of barbecuing and networking.

FRANKFURT/M

July, 1. Guests gathered with their families to enjoy a beautiful summer evening and a traditional barbecue. Pictured here working the grill are (from left): Angelika Mielke-Westerlage, Mayor of Meerbusch; Alexander Schröder-Frerkes, North Rhine-Westphalia Regional Commit-tee Chair; Wolfgang Kopplin of Ford-Werke GmbH; and Ken Walsh, US Commercial Service. We thank our event partners Golfpark Meerbusch and 3M Deutschland GmbH.

DÜSSELDORF

September, 9. Summer celebrations were rounded off by the international summer barbecue in Berlin Dah-lem. The International Chambers of Commerce invited guests to the Châlet Suisse for a late summer networking evening along with musical entertainment and culinary delights.

August, 25. AmCham Germany together with other International Chambers of Commerce and clubs hosted its traditional summer barbeque at Kastenmeier’s Restaurant in Dresden. Pictured here are (from left): Prof. Heribert Heckschen, Saxony Regional Com-mittee (Dresden) Chair; Henning Horn of Schneider + Partner GmbH; Peter Nothnagel of Wirtschaftsförderung Sachsen GmbH; Manuela Gogsch of IHK Dresden; Peter Kröger of LBBW Sachsen Bank; and Michael Bätz of Ernst & Young GmbH.

DRESDENBERLIN

July 1. AmCham Germany’s guests and their families filled the impressive terrace of Schlosshotel Kronberg with laughter and con-versation when they met for the traditional 4th of July Celebration to enjoy an enter-taining evening and delicious barbecue. Special thanks to our Platinum Event Partner Kroll Ontrack.

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Berlin, June 22. The Telecommunications, Internet and Media (TIM) Com- mittee held the first of its new "TIM Late-Night Talk" events. Martin Schallbruch, Deputy Director of the Digital Society Institute in Berlin, discussed the "Geopolitics of Cybersecurity" with Jason Healey, Senior Research Scholar at Columbia University's School for International and Pub-lic Affairs, who joined via video conference. Schallbruch presented six the-ses, and among other things said that the trustworthiness of IT cannot (yet) be guaranteed at a global level. Healey’s comments focused on governance, content, as well as conflicts and espionage. TIM members continued the dis-cussion at a reception. The event was hosted by CSC.

Data Protection and the Future of Work in Light of DigitizationFrankfurt/M, June 15. Data protection and the EU-US Privacy Shield were the discussion topics when the Social and Labor Affairs Committee met with Prof. Michael Ronellenfitsch, Data Protection Commissioner of Hesse, and his team. He provided an update on the status of the EU-US privacy shield. The committee members also debated the issues of equal pay and the future of work with regard to the opportunities and challenges pre-sented by digitization. The meeting was hosted by the committee’s chair, Caroline Bitsch, partner of law firm JUSTEM Rechtsanwälte.

First TIM Late-Night Talk: The Geopolitics of Cybersecurity

Berlin, June 2. The Government Relations Committee (GRC), chaired by Dr. Wolfgang Dierker, GE Germany, and Gerrit Riemer, thyssenkrupp AG, met with Christian Lindner, MdL, to debate a variety of topics and issues with the party leader of the Free Democrats (FDP) and chairman of the party’s parlia-mentary group in the state legislature of North Rhine- Westphalia. Lindner spoke about Germany’s competitiveness as a business location, its geopoliti-cal role as well as the goals of his political party in the run-up to the German

Government Relations Committee hears Christian Lindner (FDP)federal elections in 2017. He also shared his views on the state of the Eu-ropean Union and the benefits and challenges of free trade, underlining the importance of strong transatlantic relations. The roundtable participants then discussed public resentment of the agreements currently under negotiation – CETA and TTIP – as well as the opportunities of digitization and the role of innovations in addressing the challenges of digital transformation. The lively dialogue also touched on healthcare and energy policies.

AmCham Germany’s specialized policy committees are the main instruments used to develop and deliver members’ opinions to the German and US governments.

▸ For more information about our policy committees and their activities, please visit our website: www.amcham.de/public-affairs


July/August. The Health Care and Business of Healthcare Committees start-ed their annual series of AmCham Germany Ländergespräche with meetings at the economic ministries in North Rhine-Westphalia, Baden-Württemberg, Hesse and Thuringia. Topics of particular relevance during this year's meet-ings are the digitization of the healthcare sector (eHealth and big data), the internationalization of the healthcare business with regard to TTIP, the results and implementation of the pharmaceutical dialogue as well as innovation and innovation funding for the healthcare industry. For further information, please contact Constanze Krüger ([email protected]).

Replacing Safe Harbor: EU-US Privacy Shield AdoptedJuly 12. The European Commission has formally adopted the EU-US Privacy Shield, replacing the former Safe Harbor framework as a means of transfer-ring personal data to the US. In a press release, AmCham Germany welcomed the legal certainty that the Privacy Shield provides for American and Euro-pean companies when transferring data across the Atlantic. Privacy Shield registration has been available to US companies since August 1, 2016. A guide to self-certification, FAQs and further resources can be accessed at the official Privacy Shield website of the International Trade Administration www.privacyshield.gov

Berlin, June 1. Members of the Environment & Energy Committee met with Oliver Krischer, MdB and Vice Chair of Alliance 90/The Greens and Political Coordinator of the Working Committee on Environment & Energy, Transport & Building and Food & Agriculture. They discussed recent developments in

Renewable Energies After the EEG ReformGerman energy and climate policies. Of particular interest to the members of the committee was Krischer’s view on the reform of the Renewable Energy Sources Act (EEG-Novelle). Krischer expressed deep concerns about a signifi-cant reduction in the expansion of renewable energies due to the reform.

Berlin, June 23. Members of AmCham Germany’s Business of Healthcare Committee met with Kordula Schulz-Asche, MdB and Spokesperson for Prevention, Health Policy and Civic Involvement of Alliance 90/The Greens, to discuss current health policy issues. Schulz-Asche pointed out that dia-logue and cooperation are vital to achieve a sustainable healthcare sector. An exchange between all stakeholders is necessary to tackle the problems of antibiotic resistance, vaccines and neglected diseases, she said. Currently, the committee is working on a position paper on the challenges and oppor-tunities of the healthcare sector which will be published at a parliamentary breakfast on September 20.

Discussing Future Challenges to Healthcare Policy

Start of Ländergespräche 2016 on Healthcare

Berlin, July 29. Representatives of AmCham Germany’s member compa-nies met with a US Congressional Delegation, led by Rep. Bob Goodlatte (R-VA), Chairman of the House Judiciary Committee. The Chairman was joined by several colleagues, among them Rep. Louie Gohmert (R-TX), Rep. Doug Collins (R-GA), Rep. Mike Bishop (R-MI), Rep. Richard Hudson (R-NC) and Rep. Scott Peters (D-CA), bringing expertise in a variety of topics to the table. The discussion focused not just on transatlantic issues such as TTIP and the implementation of the EU-US Privacy Shield, but also touched on the Brexit referendum, the security situation in Europe as well as the political mood on both sides of the Atlantic.

AmCham Germany Meets US Congressional Delegation


s p e c i a l r e p o r t : u s - g e r m a n i n t e r n s h i p p r o g r a m

US Interns: Get-Together in Berlin

Berlin, June 23-24. Halfway through the internship program, 21 students from US partner universities gathered in Ber-lin for the annual US-German Intern-

ship Program Get-Together. During the two-day gathering, students met with state and national representatives from the American and German governments to discuss economic and trade is-sues that affect the transatlantic relationship. They exchanged ideas and experiences, and explored Germany’s bustling capital, known as both a his-torical as well as vibrant urban city.

On Thursday, June 23, Sieglinde von Wasielewski from the Office of the North Rhine-Westphalia Representative to the Federal Govern-ment welcomed the students and gave an over-view of the state, its history and ties to America. The day ended with a boat cruise on the Spree River, presenting the interns with a different per-spective of Berlin’s numerous sights.

The program continued on Friday, June 24, with a visit to the US Embassy. Brooke Williams, Economic & Trade Policy Officer, and Mathias Köckeritz, Senior Commercial Specialist, wel-comed the students to talk about current polit-ical and economic matters, giving a brief over-view of the workings of different institutional settings worldwide in the context of intercultural exchange and socio-economic relations. During a

Q&A session, the diplomats shared interesting in-sights into their work with the group.

After the visit, the group enjoyed a guided tour of the Reichstag building, including the roof ter-race, where they were informed about the functions and composition of the Parliament, as well as facts about the history and architecture of the Reichstag before ending the tour with a farewell dinner to round off the official program of the get-together.

Ultimately, the interns left Germany’s capital with an awareness of contemporary social and

Students participating in the US-German Internship Program visited Berlin to meet with US and German government officials.

Peter Beyer, MdB, guided the interns through the Reichstag providing information on German politics today.

cultural diversity as well as historical facets and a better understanding of German-American rela-tions.

▸ For more information about how you and your company can get involved, please contact Katrin Utzinger

T +49 69 929104-50 E [email protected] W www.amchaminternship.org W www.amcham.de


n e w m e m b e r s

From June 2016 to August 2016

EXECUTIVE MEMBERS

Abbott GmbH & Co. KGDr. Thomas PortzDirector Governmental Affairs GermanyBerlin

CORPORATE MEMBERS

Amazon Deutschland Services GmbHCarsten KestermannPrincipal Public Policy EMEABerlin

Autoservice Reifen Umert GmbH & Co. KGJennifer UmertOwnerMiltenberg

Beacon Global GroupRobert Rigby-HallPresidentAmsterdam, Netherlands

CCP Holding GmbHCornelius von OheimbCEOMülheim an der Ruhr

Dachser SE Air & Sea LogisticsKai LoenneckerRoute Manager USAFrankfurt/M

Expense Reduction Analysts GmbHDaniela StrasserOwnerErkrath

Feckl & Kollegen Rechtsanwalts- gesellschaft mbHStefan Feckl Managing PartnerFrankfurt/M

Frank Vollmering Organizational Consulting & CoachingFrank VollmeringOwnerMunich

Future Electronics Deutschland GmbHGerda GrötschProkuristinAschheim-Dornach

Golden Brezel International GmbHWolfgang BohatschCEOMannheim

grandjean.pretner Steuerberater. RechtsanwälteRalph-Thomas PretnerSenior PartnerFrankfurt/M

intersoft consulting services AGAstrid AckermannFrankfurt/M

Leitzinger HolzblasintrumentenbauStephan LeitzingerOwnerHösbach

Mehrwerk GmbHFrank HippenCEOBielefeld

nexcon partnersDr. Oliver H. BurckhardtManaging DirectorRodenbach

P4 Career Consultants GmbH & Co. KGFrank VernauerGeschäftsführender PartnerMunich

Zippo GmbHGuido HeuvelmannManaging Director EuropeEmmerich

DELEGATED MEMBERS

A.T. Kearney GmbHDr. Torsten Eistert

AbbVie Deutschland GmbH & Co. KGDr. Stefan Simianer

Baker Tilly Roelfs AGDr. Martin Orth Verena von Treschkow-Bronke

Bavarian International School e.V.Emily Cole-Chu

b-k-p Consulting GmbHMarleen Hammel

Dachser SE Air & Sea Logistics Regional Office GermanyKerstin Diedrich Glenn Manznetter

Deutsche Bank AGChristian Eschenweck

Deutsche Lufthansa AGPatrick W. Diemer

DIN e.V.Christian BeersMichael StephanDr. Christoph Winterhalter

DuPont de Nemours (Deutschland) GmbHHarald M. Kube

Edelman.ergo GmbHBjörn Sievers

Ernst & Young GmbH WirtschaftsprüfungsgesellschaftElfriede Eckl

ERVIN Germany GmbHMike Schwarz

Gilead Sciences GmbHTorben Zachmann

Goodyear Dunlop Tires Germany GmbHSusanne Seither

K&L Gates LLPDr. Hilger von Livonius

McKinsey & Company, Inc.Ulf Schrader

Merck KGaAFrank GotthardtDr. Rico Wiedenbruch

OPPENHOFF & PARTNER Rechtsanwälte Steuerberater mbBChristof Gaudig

Plexus Deutschland GmbHAlisa di Beasi

Procter & Gamble Germany GmbHRainer Schmalz

Schuler AGStephan Arnold

The Boston Consulting Group GmbHDr. Pia Götze

UL International Germany GmbHJörg Gier

INDIVIDUAL MEMBERS

Benedikt CarlAndreas DagasanJürgen KiehneMichael MollinéThomas OlleschEdzard SiemensChristina Speer-Reinsch

Sibylle WagnerT +49 69 929104-31E [email protected]

For more information about your membership, upgrading your member-ship or how to become a member of AmCham Germany, please contact:

Our Online Services Directory (OSD)AmCham Germany Members Online at www.amcham.de

AmCham Germany‘s searchable OSD features an overview of the wide-ranging services provided by members of AmCham Germany. Search for criteria such as industry codes or regions to find the right contacts.

Alexandra SchulzT +49 69 929104-52 • E [email protected]

Katrin Utzinger T +49 69 929104-50 • E [email protected]

4C_180x43.indd 1 05.09.2016 16:02:31


ACC Verlag & Services GmbH Dipl.-Kfm. Andreas L.J. Povel, General Manager Börsenplatz 7-11, 60313 Frankfurt/M

Editorial and business offices Anna Katharina Schneider, Ines Ceylan, Patricia Limburg T +49 69 929104-41, -43, -40 F +49 69 929104-11 E [email protected], [email protected], [email protected] W www.amcham.de

Editorial team Karen Herzog, Christina Dier (verantwortlich) Representing FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankfurt/M

Graphic designer Giulia Brandts Representing FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankfurt/M

Advertising administration Sabine Karbowy Wilrijkplatz 3, 65527 Niedernhausen

Communications Committee Carl Graf von Hohenthal, Co-Chair Brunswick Group GmbH William Hood, Co-Chair Commpanions Werbeagentur GmbH

Photo credits p.4: momius/fotolia.com p.25: rzoze19 – fotolia.com p.27: Mike Watson Images/moodboard/Thinkstock;

moodboard/iStock/Thinkstock; igmarx/iStock/Thinkstock; zoom-zoom/iStock/Thinkstock; Noppasin/iStock/Thinkstock; tichr/iStock/Thinkstock; SeanPavonePhoto/iStock/Thinkstock; JuNi Art/iStock/Thinkstock; monkeybusinessimages/iStock/Thinkstock; AlexRaths/iStock/Thinkstock; ca2hill/iStock/Thinkstock

commerce germany is the official periodical of the American Chamber of Commerce in Germany e.V. It is published for the Chamber by ACC Verlag & Services GmbH. Opinions expressed in articles are not necessarily those of the Chamber or of ACC Verlag & Services GmbH or of FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag. Contributor opinions are not necessarily shared by the editor. All members of the American Chamber of Commerce in Germany e.V. receive one free copy of the publication. Copyright by American Chamber of Commerce in Germany e.V. All rights reserved. The contents of this publication may not be reproduced in whole or in part without the consent of the copyright owner.

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Index of companies 3M 7 Fragomen 16 Kienbaum 8 Monster 7 WINHELLER Rechtsanwaltsgesellschaft mbH 21

Index of advertisers Adecco Germany Holding SA & Co. KG 8 CHRISTIANSEN Coaching + Consulting 9 European American Business Organization, Inc. 12 KPMG AG 15 NRW.INVEST GmbH 2 PCS Schleßing GmbH 3 Warth & Klein Grant Thornton AG 10

commerce germany

Our topics will include:

Digital Transformation – Global Network

Special report: AmCham Germany's 10th Annual Transatlantic Business Conference

Special report: AmCham Germany Transatlantic Partnership Award

Contact: Sabine KarbowyT +49 6127 9993150M +49 171 7579768F +49 6127 9993151E [email protected]

NEXT ISSUE OF COMMERCE GERMANY: December 8, 2016ADVERTISING CLOSING DATE: November 10, 2016

Contact:Barbara BöhnkeM +49 178 7988882F +49 33398 679724E [email protected]

i m p r i n ts p e c i a l r e p o r t

Berlin, June 7, 2016. Selected members of AmCham Germany and Atlantik-Brücke e.V. enjoyed a very special Lunch Discussion with Rudolph W. Giuliani, Former Mayor of New York City and Global Chair Cybersecurity & Crisis Management at Greenberg Traurig LLP. Giuliani’s speech provided insights into the current devel-opments in the areas of cybersecurity, privacy and crisis management and served as the impetus for a lively and insightful discussion of US-German relations and the regulatory landscape on both sides of the Atlantic. We thank the event sponsor Greenberg Traurig LLP.

Lunch Discussion with Rudolph W. Giuliani

Pictured here are (from left): David Knower, AmCham Germany Vice President; Guiliani; Dr. Jürgen R. Großmann, Share-holder of Georgsmarienhütte Holding GmbH; Christian Schede; Managing Partner of Greenberg Traurig Germany.

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c h a m b e r c a l e n d a r

AmCham Germany 2016 event highlights

Please see www.amcham.defor the latest updates

Light blue = events wholly orpartially in English

September 29

Business Luncheon

Dr. Bernd Scheifele Vorstandsvorsitzender HeidelbergCement

Stuttgart

September 29

AmCham Germany Forum

Hans-Jürgen DuensingContinental AG / ContiTech AGJim HillContiTech North America

Hanover

October 11

AmCham Germany Forum

Folker HellmeyerChefanalystBremer Landesbank

Hanover

October 12

2016 Growth Company Forum

www.growthcompany forum.de

Berlin

October 12

Business Luncheon

Dr. Stefan KlebertCEOSchuler AG

Stuttgart

October 25

Business After Hours

Tour of Mercedes-Benz-Werk Daimler AG

Sindelfingen

November 8

Business After Hours

Tour ofWalter Knoll AG & Co. KG

Stuttgart

November 9–10

10th Annual Transatlantic Business Conference

The Transatlantic Marketplace – Challenges and Opportunities Beyond 2016

Frankfurt/M

November 16

Business Luncheon

James W. HermanUS Consul General in Frankfurt/M

Stuttgart

November 17

Business Luncheon

Michael BröckerChefredakteurRheinische Post

Düsseldorf

November 24

Business LuncheonGünther OettingerEU Commissioner

Stuttgart

December 1

Goose Dinner

Berlin

December 9

Swinging Christmas

Ida Nielsen & Band

Stuttgart

May 19, 2017

114th Annual Membership Meeting

Frankfurt/M

T R A N S AT L A N T I CBusiness Conference

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November 17 – 24

Thanksgiving Dinners

Munich, Düsseldorf and Frankfurt/M

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