Henkel CEO Carsten Knobel called on the German government to initiate reforms. Speaking to Focus during the 150th Henkel anniversary, where he participated alongside Federal Minister Friedrich Merz (CDU), Knobel stated, “We have now faced four or five years without growth, and we must change that together.” He emphasized that rather than getting bogged down in unnecessary debates, “we must implement decisive reforms.”
Knobel continued by acknowledging that Germany still possesses high innovative capacity, technological leadership in many areas, and a strong education system. However, he stressed the necessity of improved regulatory frameworks, giving examples such as reliable and affordable energy sources and reduced bureaucracy. “Only then will we regain the opportunities of a strong economy, characterized by a healthy mix of large corporations, a robust SME sector, and successful family-run businesses,” the Henkel head added.
Reflecting on the company’s founder, Fritz Henkel, the CEO speculated that if Fritz Henkel were alive today, he would likely be developing something that makes people’s daily lives easier and better. “A Fritz Henkel today would probably be very involved with AI topics, sustainable materials, and the circular economy,” Knobel shared.
Furthermore, Knobel issued a warning about the growing influence of the AfD party. He argued that this political trend does not foster national progress, urging everyone to consider its implications when voting. According to the Henkel CEO, the rise of right-wing populism threatens the prosperity of Germany. “For decades, we in Germany have benefited from freedom of opinion and openness to the world. We must preserve these values,” Knobel insisted. He cautioned that if a political party advocates for exiting the Euro or dismantling wind farms, “that cannot be in the interest of a long-term, growth-oriented economy.”
