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Saxony-Anhalt is a medium-sized state of Germany, located in the central eastern central part of the country. It is one of the former states of East Germany. Saxony-Anhalt borders the states of Saxony, Brandenburg, Thuringia and Lower Saxony. The capital is Magdeburg.
Despite the financial crisis in 2009, Saxony-Anhalt’s GDP is almost two and a half times higher than it was in 1991. The region is known for its good soil and chemical and food production industries. Saxony-Anhalt receives the highest amount of FDI of all eastern German states.
Saxony-Anhalt’s key business sectors are:
- Chemicals and Plastics Industry
- Food Production
- Renewable Energies
- Logistics
- Mechanical and Plant Engineering
