Leipzig: the economic leader in the New Federal States
Together with Halle and other cities in the states of Saxony, Leipzig is part of the greater metropolitan region of Central Germany. Over 600,000 citizens live here, and more are arriving every day. In fact, in 2020, the Saxon metropolis boasted the fastest population growth. There are many reasons for Leipzig’s popularity, and as an entrepreneur from any industry, you will find an optimal business climate here.
The Leipzig metropolitan area is home to five main businesses: logistics and freight, automotive, health care and biotechnology, energy, and environmental technology, and IT and media technologies. In each of these sectors, well-known corporations, including DHL, BMW, and Porsche, and innovative start-ups are represented. These industries employ well over 115,000 people, making Leipzig the perfect place for cross-industry networking and cooperation.
Saxony’s diversity promotes business
Leipzig is known for its innovative strength. Financial incentives promote company growth, and industrial and technology parks are strategically developed to enhance business. But the city boasts its merits in other ways. The historic university (founded in 1409 and the second oldest in Germany) enrolls more than 35,000 students, training the successful founders and scientists of tomorrow.
Several annual events on the historic exhibition grounds promote the trends of the future. Leipzig is proud of its creative scene, multifaceted cultural landscape, numerous local recreational options, and affordable cost of living.
Finally, the location of the city is unmatched. Berlin is only an hour away by train, and Leipzig is directly connected to other major German cities via high-speed rail lines. With accessible federal highways and freeways (A9, A14, A38), your business partners will have no problems reaching you.
Within the metro region, buses, suburban trains, and streetcars make the commute to your workplace easy. Don’t forget the Leipzig/Halle Airport, an air cargo hub of global importance. In fact, more than one million tons of freight are transported through the port every year.
Given the many advantages of the city, it will make an excellent home for your business. We will be happy to provide you with all the information on your desired location and advise you in negotiating the best contract.