Friedrich Vorwerk Group Watchlist

tz-plus logo Friedrich Vorwerk: Is a Forecast Increase Coming Alongside the Hydrogen Fantasy?

J. Meyer
Reading Time: 2 minutes

Friedrich Vorwerk (WKN A255F1) surged this week. The stock broke out of consolidation and generated a new long signal. The background is that the government intends to significantly accelerate the hydrogen expansion. This involves a hydrogen core network spanning over 9,000 km. Investments are around €19 billion. This is to further decarbonize the industry. If the expansion is to happen more quickly, Friedrich Vorwerk would benefit, as it would receive orders for the installation of gas pipelines. The construction company can also realize storage...

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