Saxony-Anhalt is a region located on the
eastern side of Germany. It is a location with a strong industrial tradition,
particularly in mechanical and automotive engineering.
As well as
engineering-based production, the region has become a popular base for call
center operations. It also has an active food sector with a number of well-known
food companies having their roots and headquarters in the area, including the
chocolate-manufacturing firm Halloren Schokoladenfabrik, Nestle, Erasco,
Coca-Cola and Schwan's. The food sector has grown to such an extent that it has
now assumed the leading role in industry.
The state is home to 136
research centers, university institutes, technical college faculties, Fraunhofer
Institutes, Max Planck Institutes, and innovative research facilities aimed at
at the center of the reunited Germany. The state's infrastructure has been
completely rebuilt and is now state-of-the-art. The installed fiber-optic cable
network is one of the most dense and technically advanced in Europe.
number of business parks have been developed in the region with a specific
industry focus for chemical corporations, microelectronics and optoelectronics
Thueringen offers potential investors a young and highly
trained workforce. Two out of three workers are younger than 45 years old and
many are technically trained. Four nearby universities, seven colleges and 19
research facilities are the breeding ground for excellent qualifications, ideas
and innovation. Universities such as the Friedrich Schiller University in Jena
and the Bauhaus University in Weimar enjoy a worldwide reputation. The TU
Ilmenau is said to be in the top European level of technical universities.
"Als Anwalt in einer internationalen Wirtschaftskanzlei beschäftige ich mich tagtäglich mit grenzüberschreitenden Fragestellungen. Das Knowhow und das Netzwerk der BCCG ist hierbei von großem Nutzen."
Dr. Mark C. Hilgard
Mayer Brown LLP, Frankfurt
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