Siemens CEO Roland Busch speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (C) speaks next to Deutsche Bank CEO Christian Sewing (L) and Siemens CEO Roland Busch (R) during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Siemens CEO Roland Busch speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Siemens CEO Roland Busch speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Siemens CEO Roland Busch speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)