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Global Business: Making Money out of Germany's Migrants

Making Money Out Of Germany's Migrants

16/01/2016 GMT

Making Money out of Germany's Migrants

BBC World Service - Global Business, Making Money out of Germany's Migrants

Paul Henley speaks to businesses in Munich benefiting from the arrival of new refugees

Last year the German city of Munich saw thousands of refugees arrive in the city each day. Paul Henley discovers what effect this has had on local businesses in the city.

In the Autumn of 2015 the German city of Munich found itself at the centre of Europe's refugee crisis. Everyday thousands of refugees arrived in the city seeking sanctuary. But what has been the effect on Munich's business community? Paul Henley has been to the city to speak to those companies benefiting from the huge numbers of new arrivals. Paul hears from an air dome company that in three years is expecting it's turnover to have quadrupled, and a translation company who has had take on an extra eight hundred translators to deal with the new demand. So have the migrants been good for German business?

(Photo: Refugees arrive at a registration centre in Giessen, Germany. Credit: AFP/Getty Images)

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