It would have been conceivable that the closure of one of Frankfurt's oldest industrial plants in the Römer would cause a great deal of excitement, but there was no sign of that on Friday.

The fact that even the end of the Binding brewery, with its 152-year history, did not call large numbers of politicians onto the scene shows once again how little economic policy, especially since the promotion of industry, applies in Frankfurt.

Binding experienced this a good decade ago, when the search for a new location dragged on until the brewers first wanted to move to Bad Vilbel and then abandoned all plans to move during the 2009 recession.

If Binding had quickly come to an agreement with Frankfurt and a new large brewery had quickly emerged - it is quite possible that it would now have had better chances of surviving.

It is probably the case that the brewing industry is suffering from overcapacity due to the declining beer consumption;

It is also understandable that the recent cost increases are increasing the pressure to consolidate.

Hopefully, the managers of the Radeberger Group, which belongs to Oetker, will have thought carefully about why they are giving up the one in the center of Germany out of their 14 breweries.

Closed management doesn't feel the need to provide a coherent rationale, communication is scarce, employees were taken by surprise on Thursday.

Family businesses are allowed to do this, they are only subject to a few disclosure requirements.

Nobody at the Radeberger headquarters should believe that this has a contemporary effect, anchors the company in society and strengthens the brands.

There is a lack of commercial space in Frankfurt

The fact that the extensive property on Darmstädter Landstraße will one day be easy to market may also have played a role in the decision.

However, before the area is completely planned over with apartments as a continuation of the new quarter on Hainer Weg, the chances of reserving the area for trade should be carefully considered;

After all, there are definitely companies that can be accommodated in a socially acceptable manner close to homes.

Because the lack of commercial space persists, and the list of companies that Frankfurt is losing in one way or another is getting longer and longer.

The end of the Binding brewery is a deep turning point in the history of Frankfurt.

It makes the city poorer.

And yet, in the current, confusing situation, one can only hope that it is not the prelude to a wave of closures that will take Frankfurt even more than just the beautiful title of a city not only for banks and the stock exchange, but also for brewers .