Growth Market Defies Corona Crisis

New challenges, new work environments, new needs: in Bremen, as in many other regions, 2020 will go down in history as the year of digital change. Despite the crisis, Germany’s smallest federal state recorded 40 foreign direct investments (FDI) with around 252 jobs created last year.

February 2021

© WFB/Ginter

Respectively six and five settlements came from Bremen’s focus countries China and Vietnam, in the areas of sales, marketing and services. Asia has great potential as a growth market – and the Far East sees many opportunities in Bremen. Due to the ideal connection to Bremerhaven as one of the largest ports in Europe and the Freight Transport Center Bremen (GVZ) as Europe’s leading logistics hotspot, the state is the ideal starting point for Asian companies to do business on the continent.

Goodman also sees in Bremen the ideal location for logistics. The Australian logistics project developer built a logistics hall with an office building. With a total area of ​​around 12,000 square meters, 13 loading units and 3 jumbo bridges, the building is designed for the growing needs of the industry.

Markus Meyer, Head of Business Development Northern Germany at Goodman, emphasizes: “Our cooperation with the Bremen Economic Development Agency concerning the second largest European freight transport center is based on a  long-term, partnership-based dialogue. The trimodal location offers excellent connections for numerous industries, including contract logistics, the light industrial and automotive sectors and urban distribution, which we have already planned and built objects for. We have developed a total of more than 170,000 square meters of logistics space in Bremen and in the GVZ in recent years and look forward to further projects in this strategically important region.“

In addition to the Australians, another major investment came from the United States. Amazon is building a distribution center of 20,000 square meters in the seaport city of Bremerhaven and creating around 140 jobs. This is the second commitment in a row: In 2019, the internet giant developed a distribution center of around 8,000 square meters in Bremen.

About Bremen

Bremen is one of Germany’s largest industrial hubs and specialises in logistics, automotive manufacturing, aerospace, the maritime sector and wind energy. The federal state in northern Germany is home to 670,000 people and is a magnet for investors from abroad – centrally located within Europe, with great connections by sea, land and air, modern infrastructure and a renowned research landscape.