Bloomberg News

Bayer CEO Warns of High German Energy Prices, Berliner Reports

March 09, 2012

Bayer AG (BAYN) Chief Executive Officer Marijn Dekkers said Germany’s decision to drop nuclear power burdens companies with rising energy costs, Berliner Zeitung reported, citing an interview.

German energy prices, already among the highest in Europe, will rise putting business at a competitive disadvantage, the newspaper said.

To contact the reporter on this story: Karin Matussek in Berlin at kmatussek@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.


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