Horst Hagel

Horst Hagel is an 85-year-old businessman who has been leading the family-run company Louis Hagel for over five decades from the same office in the Hamburg port. Specializing in the storage and handling of fertilizers for pharmaceutical and agricultural companies, Hagel has developed sophisticated storage techniques that contribute to the success of his operation. As Hamburg has recently passed a stringent climate protection law mandating zero CO2 emissions by 2040, Hagel is now reconsidering a planned investment of 50 million euros in new silos, expressing concern over the economic viability of his business under the new regulations.