Read more about Hessen's benefits as a business location.
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The United Kingdom was scheduled to leave the European Union on March 29 in accordance with Article 50 of the Treaty on European Union. We’re all aware that this did not happen. Considering the fact, that any information provided here could easily be obsolete by the time this newsletter is released, we have decided to refrain from addressing the issue of Brexit here. However, we strongly recommend that our German readers have a look at HTAI’s Brexit Newsletter, which contains regular updates on current developments and documentary reports from Hessen and is available at https://update.brexit-hessen.de/.
But Brexit makes it appearance in a different context: It ranks among the top reasons cited by the staggeringly high 193 companies electing to establish or expand their operations in Hessen in 2018. This figure has continued to rise steadily since the foundation of HTAI in 2012. The large number of companies establishing operations in Hessen combined with the thorough consulting provided serves to demonstrate the effectiveness of Hessen’s economic development agency network. The newsletter also includes a report featuring a selection of prime examples of companies that have established operations in Hessen over the past few months.
This newsletter also provides insight into one of Hessen’s strongest export resistant industries: Tourism constitutes an important industry in Hessen that has recorded steady upward growth in recent years.
The newsletter’s special feature guest article covers the Frankfurt Main Finance financial center initiative aimed at loosening the job security protections afforded to highly paid bankers.
I hope you enjoy the insightful reading.
Dr. Rainer Waldschmidt, CEO Hessen Trade & Invest GmbH
Facts & Figures
Foreign Investment in Hessen on the rise
Hessen has yet again asserted itself as a prime foreign investment destination in the face of worldwide competition. The past year saw 193 foreign companies either gain a foothold for the first time or expand their current operations in Hessen, 20 more than in 2017. read more
Need of Vacation?
In addition to being a prime location for investment, Hessen has plenty to offer in the way of recreational and leisure activities. Hessen has a substantial tourism industry that benefits many other economic sectors such as hospitality, retail, services, and crafts. read more
Did you know...
...that 261,769 soon-to-be professional specialists are currently enrolled in the 2018/2019 winter semester at Hessen’s universities and other institutions of higher learning?
New Arrivals in Hessen: Finoba, MGW Service, and the Otto Group
Hessen offers a plethora of opportunities to companies operating in the state. The automotive supplier Finoba or the internationally active retailing Otto Group, for example, are well aware of these perks. read more
Loosening of the Job Security Protections Afforded to Highly Paid Bankers
A guest contribution by Hubertus Väth, Managing director of the Frankfurt Main Finance Association: Why Frankurt has another point in its favor in the competition for the establishment of new financial institutes moving from London. read more
Hessians with the Quickest Access to Buses and Trains
Hessen’s Minister of Transportation Tarek Al‑Wazir views the state’s excellent standing in the Pro‑Rail Alliance rankings (German) as further confirmation of Hessen’s robust mobility policy. read more
Imprint: Hessen Trade & Invest GmbH Konradinerallee 9 65189 Wiesbaden, Germany Phone: +49 (0)611 95017-85 E-Mail: firstname.lastname@example.org www.invest-in-hessen.com Concept, text and editing: Lukas Ammer (responsible according to German Press Law)
CEO: Dr. Rainer Waldschmidt Chairman of the Supervisory Board: State Secretary Dr. Philipp Nimmermann
Register Court: Wiesbaden Municipal Court: HRB 26657 VAT ID No. DE285787703
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