For years, the Berlin economy has been on course for success: Economic growth and increased employment are developing at a faster rate than the nationwide average. This not only attracts more companies to the Spree, but also draws in skilled professionals from all over the world. Companies will also find a broad and diverse range of attractive commercial properties in Berlin.
„Berlin has prevailed against contestants such as Barcelona and Istanbul in the location competition for the new Business Service Center for Human Resources of the E.ON SE. It was decisive for us that the new location would attract and bind highly qualified professionals. Berlin convinced us in the European comparison because the city is functioning as a hub between our international locations. Here we found a modern location in a central location for our almost 300 employees. We have received all possible support by Berlin’s politics and Berlin’s business promotion in the siting process.“
In the 2019 HWWI/Berenberg city rankings of the competitiveness of Germany's thirty largest cities, Berlin took the lead for the first time, displacing Munich from the top spot. The ranking analyses the economic dynamics, demographic development, as well as key location factors such as education, innovation, internationality, and accessibility.
Berlin scored in the areas of population growth, growth in employment, improvement in productivity, internationality, and demographic forecasts up to 2030. Good location factors, especially internationality and accessibility, contribute to the positive development and excellent future prospects for the capital.
With its central geographical location and excellently developed infrastructure, the German capital and its surroundings offer ideal conditions as a business location. Berlin is the gateway to Central and Eastern Europe and the economies of Western Europe. All major European markets can be reached from here by truck.
Berlin is one of the largest science center in Europe with internationally renowned universities and research institutions. The city's intensive collaboration between science and industry is reflected in diverse networks and cooperation opportunities. Berlin has many modern technology centers and places with future locations with a science-related infrastructure - ideal locations for young and technology-oriented companies.
In addition to Parliament, government and national agencies, numerous umbrella organisations for business and science are headquartered in Berlin. The capital, with its proximity to federal ministries, embassies and organisations provides easier access to decision-makers in research and development, production and sales.
The high quality of life with a comparatively low cost of living, lively local life and international environment are some of the reasons for young entrepreneurs to realise their business ideas in this location. As a result, the city has developed into a startup-hub with the highest levels of growth in in Germany in recent years.
Entrepreneurs and investors are supported with extensive funding and financing programmes in Berlin. The economic development agency Berlin Partner for Business and Technology offers investors quick and non-bureaucratic support during relocation: