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Letzte Aktualisierung: May 2, 2022

'I hope that the Chinese government will not allow a major economic downturn'

Ulrich Reichert, China CEO of the Wirtgen Group, a manufacturer of road construction machinery.
Ulrich Reichert has been China CEO of Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the most severe economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently slumped considerably. The last time he experienced a similar crisis was ten years ago, after economic stimulus programs were phased out as a result of the global financial crisis. Frank Sieren spoke with Reichert.
Uli Reichert, 66, has spent his entire career building up Wirtgen's business in China since the end of the 1980s. The Wirtgen Group is one of the leading manufacturers of road construction machinery. It generates around €3 billion of revenue. The company manufactures in Germany, Brazil, China and India. In 2017, US agricultural machinery manufacturer John Deere acquired the Wirtgen Group for €4.4 billion. In May, Reichert will step down from the post of China CEO to work as a consultant at the German headquarters for another two years.
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