Key Competitive Attractions
Magdeburg is the capital of Sachsen-Anhalt, located on the Elbe river, with a population of about 230,000. The city has the second largest contingent of public green spaces of Germany’s 50 largest cities. The nearest larger cities to Magdeburg are Wolfsburg (64 km), Braunschweig and Halle (75 km) and Potsdam (105 km).
Magdeburg’s key business sector is machinery and engineering. Several large production sites of companies such as SKET, Enercon, Euroglass and FAM are located here. Magdeburg is also an important player in Research & Development, with two universities and a number of research institutes based in and around the city. Furthermore, Magdeburg is also establishing itself as a key location for professional and business services in the region.
Assistance and Support For New Business Investors
Magdeburg Economic Development offers a number of services for investors, including:
- Detailed information, particularly for the key sectors machinery, health and environmental technologies
- Assistance with funding opportunities
- Finding local partners and business contacts
