Strong Industries

The fall of the Berlin Wall that sealed the end of the German Democratic Republic (GDR) and the reunification of Germany meant an economic comeback that equated to a Herculean task for the Federal State of Saxony-Anhalt. Because the economic structure of the GDR left behind a landscape with huge, so-called “VEB” (state-owned enterprises). These enterprises were to be converted into a market economy.

Today modern and competitive companies have taken the place of state-owned enterprises. The Chambers of Industry and Commerce in Magdeburg and Halle-Dessau alone had 107,443 member companies in 2013. They have found their niches. Some are even leading in their market segment as “hidden champions”. Many companies have decided to settle in Saxony-Anhalt or to expand their location in recent years. We are highly valued by foreign investors and lead the East German federal states with such direct investments. In 2015, the Investment and Marketing Corporation Saxony-Anhalt (IMG) received the distinction “Best to Invest Top Agency Award 2015” from Conway Data Inc. for the quality of its investor service.

Our economy is growing. The gross domestic product (GDP) increased from 20.2 billion euros to 53 billion euros between 1991 and 2013 – an enormous achievement! At the same time, the situation on the labour market has relaxed considerably. The number of unemployed has been halved to under 10 percent since 2005. Productivity is also rising: measured in terms of GDP per gainfully employed person, labour productivity has more than tripled from about 15,900 euros per year in 1991 to about 53,000 euros (2013).

Workhorse SMEs

Small and medium-sized enterprises (SMEs) and trade play the decisive role in this regard. Well over 99 percent of companies are small or medium-sized enterprises. Today SMEs are the largest employer in the state and stand for three-fourths of all employees and two-thirds of all sales. We are building on that so that companies can continue to improve their competitive ability.

 

We can self-confidently talk about what we have achieved together. Our state has outstanding companies and surprising success stories to offer: a fragrance from Chanel No. 5 is produced in Bitterfeld-Wolfen. The glass for the roof of the World Cup stadium in Cape Town comes from Halle. And a part of Saxony-Anhalt is in every car built in Germany!

 

That is why the goal of the state’s policy is to further promote the economy and create high-quality jobs. Our goal to rise to be among the innovation leaders in Europe by 2020 is only within reach by these means.

Network of competence

That is why the Ministry of Science and Economic Affairs started the SME offensive “I³”: growth through innovations, investments and internationalisation. Research and development centres shall serve companies more effectively with the help of the “Regional Innovation Strategy Saxony-Anhalt”. The university landscape is developing into an incubator for clever specialists and strong ideas. Moreover, the chances of getting a traineeship in the home federal state were never better than today in Saxony-Anhalt. An efficient transport route network is unequalled throughout Europe: several thousand kilometres of rails, motorways, federal and state roads were newly or fundamentally developed after 1990. And in terms of development and utilisation of renewable energies our state is among the nationwide pioneers of the energy transition.

 

 


Automotive

Institut für Kompetenz in AutoMobilität - IKAM GmbH

Automotive

Cruising around? Not with us: we step on the gas! A component from Saxony-Anhalt is in every car built in Germany.

Automotive Industry

Chemicals and Plastics

Radici Chimica Deutschland GmbH

Chemicals and Plastics

Saxony-Anhalt is the heartland of the East German chemical industry. The idea of chemical parks was born here.

Chemical and Plastics Industry

Corporate Services

buw customer care operations Halle GmbH

Corporate Services

In Saxony-Anhalt, the corporate services branch is above all one thing: a job engine - especially in the ICT industry!

Corporate Services

Renewable Energies

Its Halle Cell GmbH

Renewable Energies

Full speed ahead! Energy is created sustainably in Saxony-Anhalt. Every second kilowatt hour is now generated from wind, sun and biomass.

Renewable Energies

Glas Industry

HNG Global GmbH

Glas Industry

A clear matter: Saxony-Anhalt offers the glass industry brilliant prerequisites. The raw material stocks of quartz sand, soda and lime are in the immediate vicinity of the glassworks.

Glas Industry

ICT

KD Elektroniksysteme

ICT

Research and training centres are spawning high-performance specialists – they are programming the state for the future!

ICT

Creative Industry

Mitteldeutsches Multimediazentrum Halle GmbH

Creative Industry

Take a picture: cultural & creative industry in Saxony-Anhalt is a young, multifaceted and dynamic sector.

Creative Industry

Life Science

Heppe Medical Chitosan GmbH

Life Science

Saxony-Anhalt’s life sciences industry is strong – our heart beats for this. The pharmaceutical industry, biotechnology and medical technology set the rhythm as a sector.

Life Science

Logistics Industry

Logistik Sachsen-Anhalt

Logistics Industry

Let’s go! Saxony-Anhalt is located in the heart of Germany and in the middle of Europe. The conveniently situated transport connection guarantees short distances to markets and customers.

Logistics Industry

Mechanical Engineering

KSB AG

Mechanical Engineering

Once it was a centre of heavy mechanical engineering, today it is known as a superb centre of high-tech production. Saxony-Anhalt is the land of mechanical and plant engineers.

Mechanical and Plant Engineering

Food Industry

ZUEEG Deutschland GmbH

Food Industry

That tastes good to us! The soils here are among the best in Germany and yield field crops of special quality and in great quantities.

Food Industry

Paper / Wood

Zellstoffwerk Stendal GmbH

Paper / Wood

Here you get in black and white: Saxony-Anhalt’s paper industry is developing on an increasing basis and contributing to the fact that Germany will remain Europe’s No. 1 in this sector.

Paper/Packaging/Wood

Tourism Industry

Gartenträume - Historische Parks in Sachsen-Anhalt

Tourism Industry

Almost 7,000 years of tangible history and cultural assets of European and international importance make Saxony-Anhalt a heartland of German history.

Tourism Industry