Economic signals point to growth!
- The market conditions in the Berlin-Brandenburg economic region have clearly improved in comparison to the previous year.
- The situation faced by companies in both Berlin and Brandenburg has stabilized and even improved to a certain extent.
- Company forecasts suggest that this positive trend will continue in 2006.
- And they are confident of further economic development in the Berlin-Brandenburg economic region.
- The economic indicators have not been this high for the past ten years.
- This optimism is primarily experienced by the Berlin economy.
Growth areas
- The processing industry continues to grow and is an important pillar for the economic development of the region as a whole.
- The business situation for service providers has also improved significantly in comparison to 2004.
- Berlin's traders predominantly rate the business situation as positive.
- Industrial companies reckon on increasing turnover and good export figures in 2006.
- Berlin's traders expect good business activity and increasing sales.
- Exports are still the most important growth factor for the Berlin-Brandenburg capital region.
- Export volumes also increased significantly in 2005.
- In the period from January and November 2005 the volume of exports by industrial companies in the region rose by almost 5 percent in comparison to the previous year.
Business networking in Berlin-Brandenburg economic region
- 82 percent of companies in Berlin and Brandenburg cooperate intensively with business partners in the respective partner state.
- That's an increase of approximately 4 percent over 2005
- Only 18 percent do not maintain any business relations with companies in respective other state.
- Thanks to its geographical location, companies in Berlin are more closely interlinked than those in the Brandenburg economy.
- However, the business connections between Brandenburg companies on the Berlin market have grown continuously for many years.
(Source: Economic Report 2006, Berlin and Brandenburg Chambers of Industry and Commerce)