A top economic city with lots of social, leisurely, and cultural activities
Munich has more than just its top economy to offer. When it comes to culture, social affairs and leisure, the city by the Isar River scores in all categories. ”FC Bayern Munich”, Opera, Oktoberfest, the foothills of the Alps, the Church of Our Lady, the Viktualienmarkt, and the English Garden are just a few of the many attractions that make Munich a beloved home to millions of Bavarians and a popular tourist destination.
Munich: Bavaria’s (economic) capital
With a population of over 1.4 million, the Bavarian capital of Munich is Germany’s third-largest city and simultaneously a major economic driver in the Federal Republic of Germany. It is home to many established brands with a long-standing tradition, as well as global DAX-listed corporations from various sectors such as the automotive industry, the insurance industry, and electrical engineering. According to the Department of Labor and Economic Affairs, Munich was able to position itself as one of Germany’s leading tech hubs in 2020. It had the highest rate of university graduates in the workforce in 2019 and has recorded an economic growth of more than 70% since 2000.
As a result, the Munich region on its own now accounts for around 30% of the entire gross domestic product of the Free State of Bavaria. A considerable statistic, supported by several thousand companies in the IT, finance, insurance, and Bio-Tech sectors and industries. More than 80% of employees subject to mandatory insurance are part of the service industry and work for companies in the high-tech segment – it is no coincidence that the metropolitan region has been given the suggestive nickname ”Isar Valley”, alluding to and on par with California’s famous Silicon Valley.
High-quality Offices on par with Munich’s first-class lifestyle
The annually published MERCER study, ”Quality of Living”, indicates differences in quality of living factors affecting expatriates in popular assignment destinations. In 2019 MERCER placed Munich in third place of all European countries and classified the city within Germany with the highest quality of life.
The offices that we offer reflect these high standards – not only in location, but also in top-of-the-line equipment and infrastructure, and stylish interior designs that create an atmosphere of productivity and collaboration that you and your colleagues will love.
Renting an office space in Munich is a clear signal to your current as well as future partners, customers, and employees that your company values the highest of standards and will not settle for anything less. Prestige is woven into Munich’s foundation and seems to have a Midas touch on anything added to its landscape. Make sure that your office location does not miss out on all these great opportunities and more that Munich has to offer and contact us today!