The attractiveness of Saxony-Anhalt as a location for investment into Germany is showing an appreciable increase amongst British companies. Between the year 2000 and 2016 alone, 14 investments by companies from the United Kingdom received support with their investment projects in Saxony-Anhalt from the community plan to "Improve the regional economic structure". The volume of the investments totalled 165 million Euros.
As a result of this, around 1,100 new jobs have been created and over 1,100 jobs have been secured. When measured in terms of the number of new jobs that have been created, investors from the United Kingdom are now in second place behind the USA.
British companies value the high technological standards, the well-educated workforce, the availability of managerial staff and the stable framework conditions that Saxony-Anhalt offers. Situated in the heart of Europe and the centre of Germany, Saxony-Anhalt has an optimum location, with rapid logistics links to the growing markets in western and eastern Europe.
British Investments successful in Saxony-Anhalt
Focus your European business – Saxony-Anhalt as your central German business location
With the possible omission of European rules and standards, the Brexit referendum places the companies based in the UK before new challenges and forces them to adapt to the new situation. This includes considering a realignment of their Europe strategy. Investment and Marketing Corporation Saxony-Anhalt is the economic development agency of the German federal state of Saxony-Anhalt. We are happy to provide advice related to Brexit and the investment advantages in the business location of Saxony-Anhalt. Benefit from favourable prospects in the eurozone - take advantage of the investment advantages in the production location Germany and invest in Saxony-Anhalt.
The trade in goods between Saxony-Anhalt and United Kingdom
In the year 2016, the United Kingdom was the second important export country of Saxony-Anhalt. Goods worth approximately 1,25 billion Euros were exported from Saxony-Anhalt to the United Kingdom. This is equivalent to a 8.43 percent share of Saxony-Anhalt's total exports. The leading groups of goods included bakery products and other cereal preparations as well as aluminum semifinished products. Other products, exported from Saxony-Anhalt to the United Kindgom in large quantities, were plastics and goods made of plastics, chemical precursors, metal products and pharmaceutical products.
Imports from the United Kingdom to Saxony-Anhalt were mainly raw materials, as well as final and semi-finished products. The UK was the second most important supplier of petroleum and gas, as well as paints / varnishes / kits. The main import goods were also pharmaceutical products, scrap with respect to aluminum / alloys, plastics and chemical products. Imports from the United Kingdom to Saxony-Anhalt totaled around 364 million Euros.