Top Investments of the Year 2022 – North Rhine-Westphalia| NRW

December 2022

North Rhine-Westphalia is Germany’s No. 1 investment location. Around 22,000 foreign companies have already invested here and control their German or European activities from North Rhine-Westphalia. The state maintains a consistently high level of foreign direct investments – a few highlights to be named here:

Plug – green hydrogen at work

Plug from the US state of New York specializes in hydrogen and fuel cell technology. To support the transformation to a climate-neutral economy, the company has created an entire hydrogen ecosystem: Plug develops and manufactures fuel cells, supplies green hydrogen, storage solutions, fueling systems and complete infrastructures. In 2022, the company established its European service and logistics headquarters in the Port of Duisburg. Plug will manage repair, test and maintenance orders here on 13,000 square meters. A hub for fuel cells, spare parts and electrolysers is also being created. The electricity will come from renewable energy sources – for this purpose, Plug is equipping numerous port buildings with photovoltaic systems in cooperation with Duisport.

Asahi Kasei – solutions for the future of mobility

The Japanese technology group with almost 40,000 employees worldwide has been operating its European business from Düsseldorf since 2016 and has since recorded steady growth at the location. At the newly built European headquarters in Düsseldorf’s industrial port, Asahi Kasei combines sales, marketing, logistics, and research and development for various product areas. The focus is on highly specialized plastics for the automotive industry. In addition to modern office and meeting rooms, the new headquarters has a showroom where materials for the car of the future are presented, such as sustainable microfiber materials for seat trim and innovative foam products.

SKYRORA – the sky is not the limit

The aerospace startup, based in Scotland, develops and produces launch vehicles to carry small satellites into the Earth’s orbit. SKYRORA also operates a subsidiary in the Ukrainian city of Dnipro, where around 100 engineers develop efficient propulsion systems and innovative materials for rocket technology. In order to operate closer to the European market with its technologies, SKYRORA is settling in the immediate vicinity of Paderborn Airport to set up a research and development center. Here, the startup will operate a 3D printer that uses innovative technology to process metals and materials for the development of new rockets. In addition, the company is cooperating with the Chair of Materials Science at the University of Paderborn to create points of contact in the field of innovative 3D printing.