Exploring the Stuttgart economic region-facts
Stuttgart holds the status of one of the most economically diverse metropolitan areas in Europe. Small and medium-sized enterprises (SMEs) are the backbone of the regional economy, with almost 1,500 dispersed throughout the city and suburbs. Companies in the industry, finance, technology, and information technology are key drivers of the region’s success.
The total number of resident companies is north of 30,000, generating an impressive 11% of the gross value added in all of Baden-Wurttemberg. Furthermore, the Prognos Future Atlas 2019 ranked Stuttgart among the top ten regions with the best business opportunities in the areas of labor market and demographics. One of the reasons for these exceptional statistics is the automotive industry. Many vehicle manufacturers (Porsche and Daimler) and suppliers (Mahle and Bosch) are based here.
Thriving business districts in Baden-Württemberg
The region is a powerhouse economically. That is due, in part, to the city’s exceptional infrastructure. Stuttgart has first-class transport connections, be it by train, plane, or automobile. Within the city, you benefit from a seamless local transportation network, making commutes easy. The city also has plenty of networking and cooperation potentials.
In Stuttgart, high-ranking insurance companies and banks, cultural and educational institutions, and countless retailers and service providers call the city home. When you aren’t working, there are plenty of leisure opportunities, restaurants, and local recreation in picturesque parks such as the Schlossgarten and the Wildpark. The nearby vineyards provide a cosmopolitan flair.
These business-friendly factors make the city a preferred destination for freelancers, founders, and start-ups. If you want to work in this up-and-coming city, we can help you quickly move into your workspace in one of Stuttgart’s business centers – without obligation and commission-free.