Bavaria - Top Business Location for Foreign Investors
by Invest-in-Bavaria
The Free State is today one of the most advanced, dynamic and strongest economic regions in the world. In the heart of Europe, Bavaria enjoys the reputation of a top-class high-tech centre.
Its economic structure is broadly diversified: alongside such global players as Siemens, BMW, Audi, EADS, adidas-Salomon and MAN, Bavaria boasts a tightly knit network of small and medium-sized industrial, crafts and service enterprises. Every investor encounters a wide spectrum of competitive suppliers, purchasers and co-operation partners in the region. More than 1,100 foreign high-tech companies from some 30 countries with establishments in Bavaria appreciate these factors.
Located right in the heart of Europe, Bavaria opens up unique market opportunities for international companies: Bavaria is the turnstile in the East-West and North-South trade routes and can be reached easily from all the economic centres in Europe. An excellently developed infrastructure in the fields of transport, telecommunications and energy guarantees optimal supply facilities and links with international markets. In its location at the geographical centre of Europe, Bavaria not only offers access to the German-speaking market, the biggest market in the EU, but also opens the doors to the markets in Central and Eastern Europe. The Bavarian market itself is one of the strongest in the world in terms of purchasing power.
Bavaria is placed among the top research locations in the world. In order to enable Bavarian products to benefit from the research achievements, the Free State has developed a powerful network guaranteeing the efficient transfer of knowledge and technologies from the research establishments to industry. The organisation Bayern Innovativ offers an excellent tightly knit infrastructure for fast technology transfer. This guarantees efficient use of know-how potential in science and industry. Bavaria produces top quality like only few other places in the world.
For investors seeking advice there is Invest in Bavaria, a specialist staff team within the Bavarian Ministry for Economic Affairs, Infrastructure, Transport and Technology. The Invest in Bavaria team offers assistance to companies setting up new plants or wanting to expand or move existing facilities to Bavaria. Depending on the requirements of the investor, it proposes tailor-made solutions for the companies. The all-round one-stop-shop service starts with free information about relevant macro- or micro-economic data and extends through personal advice on matters relating to public financial support and approval procedures to the organisation. location selection and implementation of visits to appropriate sites.
Owing to these location advantages, Bavaria already occupies top national and international positions in nearly all the major technologies of the future: from biotechnology, satellite navigation, new materials and genetic engineering through the automobile industry and on to the services segment. For high-tech companies this facilities extremely attractive contacts.
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