German companies saved more than ten billion euros last year by restricting business travel

By: Trademagazin editor Date: 2021. 10. 04. 11:02

Businesses in Germany saved more than tens of billions of euros last year by restricting their employees ’business travel, according to a survey released on Friday

German companies save a lot on business trips

According to a study by the IW (Institut der deutschen Wirtschaft), an economic research institute supported by the National Association of Employers’ Stakeholders (BDA), German companies have organized far fewer business trips since the start of the coronavirus pandemic and build and keep in touch with partners. (MTI)