As an industrial powerhouse, Bavaria offers the burgeoning tech scene optimum conditions for growth. Let’s find out why so many global companies have decided to set up a business here in 2022 and why the opportunity to cross innovate is the real draw of the region.
Industries / Electronics & Microtechnology
The east of Germany is catching up, attracting a series of high-profile, big-ticket international business expansions.
The region is finally delivering on a 30-year-old promise.
In 2022, Thuringia again proved its attractiveness as a business, investment and tourism location that attracts investors and also offers good conditions for expansion for those companies that are already operating in the Free State and want to expand here. LEG successfully accompanied numerous projects in its anniversary year: founded in 1992, the Erfurt-based economic development agency celebrated its 30th year.
For the second year in a row, Berlin has been voted as the startup capital. Traditional company Mercedes Benz opened its Mercedes-Benz Digital Factory Campus in 2022, and with the AMBER brand, regional competencies and the transparency of the synergy potential between 3D printing actors and industry will be bundled.
Starting in the 1990s, chip production migrated to low-wage countries in Asia. Does Europe have any chance of enticing it back? It has! In this episode we’ll talk to the woman leading Intel’s big expansion in Germany. And get insights from the managing director of something called Silicon Saxony.
Around 8 million euros were invested by foreign companies in the federal state of Bremen in 2022. The northern German city scored particularly well in the technology sector, but also in the transport and logistics sector.
Germany’s data center sector is expanding like never before and simultaneously undergoing a quiet revolution in energy efficiency. International companies are helping make the physical act of processing information better for the environment.
A long-term study by the European Patent Office (EPO) and the International Energy Agency covering 2011-2020 has found that Europe’s largest economy also led the way in hydrogen patents on the continent.
As part of the expansion phase of its Medicine Information Technology Initiative (MII), the German government will be putting some EUR 200 million into data-based health research. The funds will be allocated between now and 2026.
American tech giant Texas Instruments is going to construct a new production distribution facility in the western German city of Frankfurt am Main, home to Germany’s biggest airport. The logistics center will supply the company’s European customers with microchip and aims for one-day delivery. The facility will go into operation by the end of 2024.