Your company is already operating in Germany and you would now like to export worldwide?
Germany is home to the single largest software market in Europe - accounting for around a quarter of the European market by value. Innovation comes as standard in an industry best characterized by a thriving Mittelstand of small and medium-sized enterprises. Increased business demand for smart data products and services in the cloud are driving domestic software market growth, as Germany embarks on a far-reaching program of digitalization that promises to transform the economy.
GAIA-X – Germany and...
markets on air introdrocues a new segment: "Doing business in". Here we feature individual cities, regions or states in Germany, that are great places to do business. You'll find out what makes each place unique and what kinds of businesses are thriving there.
Tender Award
Financing: KfW Entwicklungsbank
Brief description of the contract:
In the framework of the German Financial Cooperation with Albania, funds for investment projects in the urban areas of the Albanian water supply and sewerage sector have been committed. A complementary financial contribution has been provided by the Swiss State Secretariat for Economic Affairs SECO. The Programme “Municipal Infrastructure IV” (BMZ No. 2012 65 867 and 2020 61 406) encompasses various project locations, among which the water utility of Kamza. The...
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There were 1,508 credit institutions active in Germany in 2020, of which 256 were private banks. The banking sector has a workforce around 550,000 people. The total assets of the German banking industry amounted to EUR 9,002 billion in 2020.
kuchendiagramm-german-banking-industry-assets-2019
The banking sector in Germany is made up of three pillars: commercial banks, the public banking sector (Sparkassen and Landesbanken – Germany’s decentralized network of independent regional commercial and savings...
There are around 400 associate companies that invest in around 1,000 companies per year resident in Germany. More than 5,500 companies are managed in the portfolios in total.
In 2021, private equity (PE) investment totaled EUR 12.6 billion, with investments being made in a total of more than 950 companies. Venture capital (VC) was invested in more than 60% of the companies.
According to an EY study, most venture capital in 2021 was invested in FinTech & InsurTech (EUR 3,767 million) followed by E-Commerce (EUR 3,711 million) and Software & Analytics (EUR 3,587 million).
Countrywide, Berlin secured the most VC investment funding with EUR 10,478 million in 2021 according to the EY study. The German capital was followed by Bavaria (EUR 4,432 million), Baden-Württemberg (EUR 599 million), North Rhine-Westphalia (EUR 566 million), and Hamburg (EUR 459 million).
Source: EY...