High-Tech economy meets international corporations
The Stuttgart Region is one of the leading economic areas of the world. The world or German headquarters of global players such as Mercedes Benz, Porsche, Bosch, IBM or Hewlett-Packard are based in the region. However, what characterizes the Stuttgart Region best is the well-balanced mix of global brands and extremely innovative, medium-sized companies.
The Stuttgart Region is home to a large number of general and electrical engineering companies. Many of them are world leaders in their specialized market segments and are highly export-oriented: in fact, the region’s manufacturing companies generate more than half of their sales abroad. Moreover, the region has strong publishing and media industries – both with a long tradition and a bright outlook for the future.
The region develops its strengths and potential systematically, as can be seen from the example of the aerospace industry. It stands at the top of the European league table regarding emerging industries such as clean energy, fuel cell, and nanotechnology. Many innovative companies from these fields have set up operations in the Stuttgart Region in recent years.
Start-ups go and grow where their customers are and where they feel welcome. The Stuttgart Region is one of the leading economic areas around the globe: Headquarters of global players such as Mercedes Benz, Porsche and Bosch are based in the region, benefitting from its the dense industrial network and first-class research infrastructure. The Start-up Welcome Package assists international start-ups in finding real customers and innovation partners in Germany in the Stuttgart Region. It is a fellowship provided by the Stuttgart Region & STEYG innovation hub.More Information
Networks & Clusters
The numerous regional machine builders and automotive suppliers work at world level, many of them are even world market leaders. The creative industries are another important regional economic factor. The focus of the likewise very strong IT industry in the region is virtual reality, open source and software development. The Stuttgart Stock Exchange and over 100 local banking institutions make the region an important location for the financial industry. The aerospace industry also has an outstanding tradition and a promising future in the region. Speaking of the future: many players from the future-oriented sectors of bio-medical technology and the environment are already working in the Stuttgart region on the questions of the day after tomorrow.
The Stuttgart Region has a unique cluster of automotive manufacturers, component suppliers, engineering service providers, and research facilities.
With its pioneering work in the fields of fuel cell technology, electro mobility, IT for cars, and virtual reality, the region consistently sets standards within the scientific community.
The Stuttgart region is an important IT location. International giants such as IBM, HP or TeamViewer have their German or European headquarters here. Moreover, Europes first commercial quantum computer is located in Ehningen near Stuttgart. With its strong industry, the IT sector within the Stuttgart Region has a large market for innovative software products right on its doorstep.
Machine tools, robots or laser technology: the Stuttgart Region is a leading center of mechanical and electrical engineering. Whether world market leader or hidden champion – what characterizes the region’s engineering industry is the development and production of a wide spectrum of innovative and highly specialized solutions fully meeting individual customer demands.
About 400 publishing houses, several trendsetting communication agencies as well as numerous architectural firms work on projects around the globe. A speciality is the field of spatial communication with agencies designing exhibitions, trade fair booths, and interaction concepts for worldwide brands. The Stuttgart Region is also a hot spot of the European film industry with an emphasis on special effects and animated film.
To be prepared for future challenges, the Stuttgart Region also focuses on promising growth markets such as renewable energy and efficiency technology. With an existing clean energy cluster that already numbers nearly 300 companies ups to global players – the region is pursuing the ambitious goal to become one of Europe’s most important locations for clean energy technologies. .
The bio- and medical technology industry has developed into a powerful branch of industry in the Stuttgart region. More than 200 companies with a focus on biotechnology, medical technology and health care have settled between Stuttgart, Tübingen, and Reutlingen. With the BioRegio STERN Management, the industry has a central and competent contact.
The Stuttgart Region Economic Development Corporation
The Stuttgart Region Economic Development Corporation is the central contact for investors and companies in the City of Stuttgart and the five neighbouring counties. It raises awareness of the qualities that the business region has to offer, supports companies setting up here and promotes the development of the region with numerous projects and offerings.
For further information please visit wrs.region-stuttgart.de