Articles

Munich Attractions

No other city in Germany has as many jobs in the IT, software and communications sectors as Munich. It is ranked in fourth place worldwide, after Silicon Valley, Boston and Tel Aviv.

Munich enjoys an excellent reputation as a retail location: In comparisons with other major German cities , Munich tops the list when it comes to both retail space as well as sales and space productivity. Upper Bavaria also has some 60,000 handicraft businesses with far more than 300,000 employees.

The internationally recognized educational and research facilities of Munich's universities, colleges and technical schools are a driving force behind Munich's development as a key biotechnology location. Since the startup boom in the late 1990s, companies located mainly at the Martinsried Campus and the scientific campus in Weihenstephan/Freising have been producing and conducting research in close cooperation with the Max Planck Institute for Biochemistry, Munich's two major universities and other institutions.

The raw material "intellect" is an extremely important factor of production for Munich and Bavaria that is systematically supported and promoted. Munich's renowned universities provide for a continuous supply of young professionals and qualified specialists. Several university and non-university research organizations such as the internationally eminant Max Planck Society and the Fraunhofer Society as well as educational facilities in various companies stimulate and secure the innovative climate for technological progress.