Published by:City of MunichDepartment of Labor andHerzog-Wilhelm-Str. - PDF document

Published by:City of MunichDepartment of Labor andHerzog-Wilhelm-Str. 1580331 MünchenGermany Fa-Ro Marketing GmbH Printing:Weber Offset, MunichPrinted on paper made from certified wood from controlled Munich, February 2014Picture credits on cover page: transportation systems for Munich subway, type C train (Photo: Kerstin Groh, MVG) Stachus, the western gateway (Photo: Kerstin Groh, MVG) Fiber-optic technology for high-in Munich (Photo: SWM Stadtwerke München GmbH) Herzog-Wilhelm-Strasse 15 80331 München Germany Tel. ++49-89-233253 25Fax ++49-89-2332 79 66 Tel. ++49-89-2332 16 31Fax ++49-89-23327966www.wirtschaft-muenchen.dewww.business-munich.dePublished by the Department of Labor and Economic Development, February 2014, Vol. No. 281Munich as a business location.Facts and figures 2014 Referat für Arbeit und Wirtschaft Department of Labor and Economic Development Munich as a business location – Department of Labor and Economic Development Contents The Munich economic region Economic development in MunichEconomic development in the Munich Metropolitan RegionEmployment in MunichSectors and clusters in Munich Selected companies in the Munich region 12Munich as a hub of knowledge14Local government finance 15Real estate in Munich16Munich's infrastructure 18 Munich as a business location – Department of Labor and Economic Development Munich – a dynamic business regions in the heart of EuropeThe Munich economic regionMunich compared to other cities Institute and customer Position„City Rankings 2013“by Wirtschaftswoche and Immobilienscout 24 (12/2013)indicators First place for the City of Munich„Prognos Future Atlas 2013 – Germany's Regions Compete for the Future“ Prognos in cooperation with Handelsblatt (11/2013)402 administrative Germanyrural and urban administrative the labor market, competition, innovation, prosperity and social First place for the administrative district of Munich Second place for the City of Munich „Comparison of the 30 Largest Cities in Germany“(4/2013)innovation and demographic Second place for the City of Munich„Emerging Trends in Real Estate 2013. Europe“PricewaterhouseCoopers PwC (1/2013)Survey of 500 property experts and investors regarding their assessment of investment opportunities in 2013First place for the City of Munich MunichRomePragueViennaWarsawBucharestSarajevo Munich commands top rankings in comparison with other German and international cities. Munich as a business location – Department of Labor and Economic Development Economic development in MunichMunich's gross domestic product Population and share of GDP in 2011Per capita purchasing power in 2013 Munich's share of Bavaria's GDP Munich's share of Bavaria's population (excluding the Munich region)11.7 %17.5 %City of Munich 2000200520092010201167.8779.76 Population GDP per gainfully employed person 12 397 614Munich region2 662 187133 185City of Munich79 7621 313 852Munich region = City of Munich and its outlying districtsSource: Bavarian Office of Statistics and Data Processing (excluding the Munich region)10.6 %10.9 %City of Munich StuttgartFrankfurt/MainMunichGermany18 649 23 214 27 645 20 7465 00010 00015 00020 00025 000 Source: Axciom Deutschland GmbHEconomic productivity is high in Munich, which also has the highest purchasing power of any large German city. Munich as a business location – Department of Labor and Economic Development Economic development in the Munich Metropolitan Region GermanyBavariaMunich Metropolitan RegionPopulation in 2011 (millions)12.4357 100GDP in 2011 (in 2 610security in 2012 (millions)Unemployment rate in 2012 (%) Source: Munich Metropolitan Region (EMM e.V.)A diverse structure of industry and healthy dynamism combine to make the Munich Metropolitan Region one of the leading economic regions in Europe. Source: Bavarian Office of Statistics and Data Processing, Federal Office of Statistics Munich as a business location – Department of Labor and Economic Development Employment in Munich Distribution of employment, 2013 11.9 %water supply18.4 %Retail, transportation7.9 %Property, consultancy, Public and teaching10.6 %private services Source: Federal Employment Agency Number of employees registered for social security in 2013 Construction, energy and water supply31 100Retail, catering, transportation138 89159 219Property, consultancy, business services186 729Public administrationEducation and teaching80 190Other public and private servicesTotalA balanced economic and employment structure is one of Munich's most valuable assets. Munich as a business location – Department of Labor and Economic Development Employment in MunichEmployment in selected growth sectors Source: Federal Employment Agency 20082013Increase53 10214.6 %138 437186 729 Corporate management and administration, management consultancy44 818119.3 % Architects, consulting engineers and laboratories16 10522 900 Legal and taxation consultancy, auditing15.3 % Information technology services57.6 %Total employmentUnemployment rates in German cities in 2013 Frankfurt/MainStuttgartMunich 11.7 % 7.4 % 7.4 %10 %12 % Unemployment rates in Germany, Bavaria and Munichout of work in 2013Germany: 2 950 250Munich: 44 963 2013GermanyMunich2012GermanyMunich 0 %2 % BerlinHamburgFrankfurt/MainStuttgartMunich210 08352 124out of work in German cities in 2013Employment is growing primarily in the service sector. Munich as a business location – Department of Labor and Economic Development Sectors and clusters in MunichManufacturing industry in Munich Value added in the individual sectors in 201119.9 %Public and private sector services, childcare and 14 17021.5 %Retail, catering, transportation, 15 276property and housing25 187 Source: Bavarian Office of Statistics and Data ProcessingSource: Bavarian Office of Statistics and Data Processing 20112012Total turnover43 192Exports as a share of turnoverExportsManufacture of IT, products, 2012Total turnoverTurnover abroad77.9 % Export rate Other automotive 2012Total turnoverTurnover abroad74.1 % Export rate Mechanical 2012Total turnover1 184 Turnover abroad61.6 % Export rate Munich's balanced economic structure includes a strong focus on exports in the manufacturing industry. Munich as a business location – Department of Labor and Economic Development Sectors and clusters in MunichAutomotive engineering in 2012Munich Metropolitan RegionEmployment in automotive engineering Automotive engineering companiesEmployees registered for social security in automotive engineering128 500Jobs in the automotive sector (including suppliers and service providers)283 000Automotive engineering and finance are two important sectors for the region's economic development.20082009201020112012 110 %105 %100 % Munich(excluding Munich)GermanyTurnover in automotive engineering Source: Automotive Engineering in the Munich Metropolitan Region in 2013Source: Finance industry, studies of the Munich service sector in 2013 2009201020112012Automotive engineering77.1 20082009201020112012Total employment in the financial sector57 50059 10057 80057 60058 60028 70027 60026 00025 80026 10021 00022 40022 20022 20022 300Activities related to financial 7 8009 1009 6009 60010 200 Region MünchenStadt MünchenTotal financial sector1 018Activities related to financial Employees in the finance sectorMunichfinance sectorin 2009 Munich as a business location – Department of Labor and Economic Development 200820092010201120122013* Sectors and clusters in Munich TourismArrivalsOvernight staysTurnover resulting from tourism in Munich in 2013 Total turnover 7.6 billion 200820092010201120122013*Arrivals (thousands)6 1336 31111 09611 73812 36612 9476 0005 5005 0004 5004 00013 00012 00011 00010 0009 000 * Extrapolated figures for 2013 Source: City of Munich, Department of Labor and Economic Development, Munich Office of Tourism Retail tradeServices Tourism is a significant factor in Munich's economy. 200820092010201120122013* Munich as a business location – Department of Labor and Economic Development Sectors and clusters in MunichSource: Consulting sector, studies of the Munich service sector in 2013Source: Data Report on the Cultural and Creative Industries in the Munich Metropolitan Region (EMM), 2nd Partial Report on the Cultural and Creative Industries in the City of Munich, 2012 Cultural and creative industries in Munich in 2010 14 792Turnover (in Gainfully employed persons 65 300People in minor employment11 000Self-employed persons19 000Gainfully employed persons95 300 Munich regionCity of MunichLegal advicePublic relations and management consultancyTotal10 163Turnover in Munich's creative industries in 2010the corresponding consulting sector in 2009Employees in Munich's consulting sector in 2010 Roughly 6% of all gainfully employed persons in Munich consulting sector. ArtCultural and creative industries (total) 16.2 %10 %15 % Further examples of forward-looking industries in Munich: cultural and creative industries and consulting Munich as a business location – Department of Labor and Economic Development Selected companies in the Munich region Manufacturing and high-tech industriesBSH Bosch und Siemens Hausgeräte GmbHEADS Deutschland GmbHEPCOS AGErwin Kayser-Threde GmbHFreescale Halbleiter Deutschland GmbHFreudenberg Chemical Specialities SE & Co. KGFujitsu Technology Solutions GmbHGE DeutschlandGiesecke & Devrient GmbHGleason-Hurth Maschinen und Werkzeuge GmbHHAWE Hydraulik SEHoffmann GmbH QualitätswerkzeugeInfineon Technologies AGKnorr-Bremse AGKraussMaffei Technologies GmbHKraussMaffei Wegmann GmbH & Co. KGLEGO GmbHLinde AktiengesellschaftMTU Aero Engines AGOerlikon Deutschland Vertriebs GmbHOSRAM Licht AGPhilip Morris GmbHRodenstock GmbHRohde & Schwarz GmbH & Co. KGSiemens AktiengesellschaftSiltronic AGSona BLW Präzisionsschmiede GmbHTexas Instruments Deutschland GmbHThüga AktiengesellschaftWacker Neuson SEAutomotive engineeringBalfour Beatty Rail GmbHBMW - Bayerische Motorenwerke AGBertrandt Ingenieurbüro GmbHFranz Xaver Meiller Fahrzeug- und Maschinenfabrik Schleicher Fahrzeugteile GmbH & Co. KGSemcon München GmbHWebasto SEProperty/constructionAccumulata Immobilien AGBayerische Hausbau GmbH & Co. KGBilfinger Industrial Services GmbHDIBAG Industriebau AGDrees & Sommer MünchenHammer AGHEILIT + WOERNER Bau GmbHHOCHTIEF Solutions AG Investa Projektentwicklungs- und Verwaltungs GmbH Leonhard Moll AGWÖHR + BAUER GmbHApax Partners Beteiligungsberatung GmbHAXA Versicherung AGBayerische Börse AktiengesellschaftBayerische LandesbankCACEIS Bank Deutschland GmbHContinentale Lebensversicherung AGDAB bank AGD.A.S. Deutscher Automobil Schutz Allgemeine Rechtsschutz–Versicherungs-AGDeutsche Pfandbriefbank AGGenerali Versicherung AGInterhyp AGLebensversicherung von 1871 a. G. MünchenLfA FÖRDERBANK BAYERNMEAG MUNICH ERGO AssetManagement GmbHMerck Finck & Co oHG PrivatbankiersMünchener Hypothekenbank eGMünchner Bank eGMunich Re – Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in MünchenSparda-Bank München eGStadtsparkasse MünchenSwiss Life AGSwiss Re Europe S.A. Niederlassung DeutschlandUniCredit Bank AGVersicherungskammer BayernWWK Lebensversicherung auf GegenseitigkeitLife sciencesActavis Deutschland GmbH & Co. KGAgfa-Gevaert HealthCare GmbHArthrex GmbHBaxter Deutschland GmbHbene-Arzneimittel GmbHBio-Rad Laboratories GmbHBrainlab AGBristol-Myers Squibb GmbH & Co. KGaADaiichi Sankyo Europe GmbHFresenius Biotech GmbHGE Healthcare DeutschlandGlaxoSmithKline GmbH & Co. KGHEXAL AGMedigene AGMorphoSys AGNovartis Consumer Health GmbHRoche Diagnostics GmbHSandoz Pharmaceuticals GmbHSorin Group Deutschland GmbHTemmler Werke GmbH MünchenWacker-Chemie AG Munich as a business location – Department of Labor and Economic Development Das Erste Programmdirektion Erstes Deutsches FernsehenArnold & Richter Cine Technik GmbH & Co. Betriebs KGBayerischer RundfunkCarl Hanser Verlag GmbH & Co. KGDeutscher Taschenbuch Verlag GmbH & Co. KGGRÄFE UND UNZER VERLAG GMBHGruner + Jahr AG & Co. KG Verlagsgruppe MünchenHubert Burda Media Holding KommanditgesellschaftIDG Communications Media AGKabel Deutschland Holding AGLangenscheidt GmbH & Co. KGMünchener Zeitungs-Verlag GmbH & Co. KGProSiebenSat.1 Media AGRTL 2 Fernsehen GmbH & Co. KGSky Deutschland AGSony Music Entertainment Germany GmbHSpringer Fachmedien München GmbHSüddeutscher Verlag GmbHThe Walt Disney Company (Germany) GmbHVerlag C. H. Beck oHGVerlag DIE ABENDZEITUNG GmbH & Co. KGVerlagsgruppe Random House GmbHFoodAugustiner-Bräu Wagner KGDANONE GmbHDeveley Senf & Feinkost GmbHFeinkost Käfer GmbHHacker-Pschorr Bräu GmbHJosef Bernbacher & Sohn GmbH & Co. KGKraft Foods R & D Inc.Löwenbräu AGLudwig Stocker Hofpfisterei GmbHMc Donald`s Deutschland Inc.Paulaner Brauerei GmbH & Co. KGRed Bull Deutschland GmbHMax Rischart's Backhaus KGSpaten-Franziskaner-Bräu GmbHStaatliches Hofbräuhaus in MünchenStarbucks Coffee Deutschland GmbHvinzenzmurr Vertriebs GmbHWrigley GmbHFashion and lifestyleESCADA SEEtienne Aigner AGLODEN-FREYKönigliche Porzellan-Manufaktur Nymphenburg Louis Vuitton Deutschland GmbHMary Kay Cosmetics GmbHMÄRZ München GmbH & Co. KGRoeckl Handschuhe & Accessoires GmbH & Co. KGTriumph International AG Information and communication technologyAtos IT Solutions and Services GmbHAvnet Holding Germany GmbHBRAIN FORCE Software GmbHBritish Telecom - BT (Germany) GmbH & Co. oHGCisco Systems GmbHComarch Software und Beratung AGDeutsche Telekom AGGigaset AGGoogle Germany GmbHHuawei Technologies Deutschland GmbHIBM Deutschland GmbHMicrosoft Deutschland GmbHM-net Telekommunikations GmbHNational Instruments Germany GmbHNEMETSCHEK AGNokia Solutions and Networks GmbH & Co. KGNTT DATA Deutschland GmbHOpen TextORACLE Deutschland B.V.& Co. KGSAP Deutschland AG & Co. KGSony Ericsson Mobile Communications International ABTech Data GmbH & Co. OHGTelefonica Germany GmbH & Co. OHGtelegate AGTravian Games GmbHVodafone D2 GmbHYahoo! Deutschland GmbHOther service providersADAC e.V.Amazon.de GmbHBain & Company Germany, Inc.Bayerngas GmbHBayWa AGBrunata Wärmemesser GmbH & Co. KGDeloitte & Touche GmbH WirtschaftsprüfungsgesellschaftDr. Sasse AGEdenred Deutschland GmbHErnst & Young GmbH WirtschaftsprüfungsgesellschaftFTI Touristik GmbHJochen Schweizer GmbHKPMG AG WirtschaftsprüfungsgesellschaftMAHAG Automobilhandel und Service McKinsey & Company, Inc.PAYBACK GmbHPricewaterhouseCoopers AG WirtschaftsprüfungsgesellschaftRoland Berger Strategy Consultants GmbHSana Kliniken AGServiceplan Gruppe für innovative Kommunikation SBK Siemens-BetriebskrankenkasseStadtwerke München GmbHStudiosus Reisen München GmbHTÜV Süd AGMunich in 2013 22 055 business registrations 94 800 in Munich Munich as a business location – Department of Labor and Economic Development Munich as a hub of knowledge Students at Munich's universities2012/2013 semester 106 121 students in Munich, of whom 15653 (14.8 %) were Bavarian Academy of Sciences and Humanities (BAdW) Catholic University of Applied Sciences Deutsches Museum FOM University of Applied Sciences Fraunhofer Society Fresenius University, Munich branch Helmholtz Center Munich ifo Institute for Economic Research Ludwig Maximilians Universität (LMU) Munich Macromedia University for Media and Institutes of higher education and selected non-university research institutionsSource: Bavarian Office of Statistics and Data ProcessingSource: Federal Employment Agency Max Planck Society Munich Academy of the Fine ArtsMunich Business School Munich School of Philosophy Munich School of Political Science Munich University of Music and Theater Munich University of Television and Film (HFF) Munich University of the Federal Armed Forces Technische Universität München (TUM) University of Applied Languages (SDI) Munich University of Applied Sciences Munich Munich is Germany's second-biggest university city.Ludwig-Maximilians-UniversitätMünchen Technische Universität München17 191University of Applied Sciences MunichUniversity of the Federal Armed Forces7 510Other universitiesUniversity graduates in 2013Percentage of all who are university Munich StuttgartFrankfurt/MainGermany 21.5 % 18.5 % 17.8 % 17.2 % 12.6 %12.5 %10 %15 % Munich as a business location – Department of Labor and Economic Development Local government financeBalance sheet for the City of Munich on January 1, 2013government investments, 2013-2017Total investment: capital to Stadtwerke München (5 197 a one-time effect 1. Fixed assets19 2651. Equity11 1372. Current assets2 1721013. Reserves4 7154. Accounts payable5. DeferralsTotal assets*Total liabilities* Due to rounding differences Schools, child day care and nurseries 218Road and bridge The City of Munich's local government 200620072008200920102011201220135001 0001 5002 0002 5003 0003 500 Heavy investment and systematic debt reduction are characteristic features of Munich's local government budget policy.2006-2011: Actual debt figures; 2013: 2nd budget amendmentSource: City of Munich, City Treasury Munich as a business location – Department of Labor and Economic Development Real estate in MunichOffice space turnover Average rents for office space BerlinFrankfurt/MainHamburgMunich2012637 100305 000514 800430 000700 9002013553 900346 000449 500440 000594 700 BerlinFrankfurt/MainHamburgMunich201213.0014.9017.5014.0014.60201313.0014.8018.5014.0015.30Office vacancy ratesVacant office space Frankfurt/MainMunich5001 0001 500 811 1 622 2012 2013 2012 2013 Frankfurt/MainMunich10 %15 % 7.0 % 11.4 % 10.8 % 13.9 % 13.8 % 7.4 % 7.0 % 2012 2013 2012 2013Source: Colliers International DeutschlandHigh office turnover rates and a low vacancy rate are compelling arguments for Munich's office market. Munich as a business location – Department of Labor and Economic Development Real estate in Munich Major construction projects and plans, 2012-2013 Planning permission granted/projects partially Living Workingcompleted (approx. floor space in thousands of m1 Sendlinger Strasse, "Hofstatt"122 Müllerstrasse, "The Seven"17123 Rodenstock site4 Central railway-owned space – Birketweg plot 237 2175 Central railway-owned space – Pasing plot6 Neuaubing railway repair works, "Triebwerk" 1037 Freiham south10 4469 Georg-Brauchle-Ring, "M-Campus"7410 Am Oberwiesenfeld11 Knorrbremse, Schittgablerstrasse 17612 Freimann railway repair works, "Campus"13 Funkkaserne military barracks1571814 Domagkstrasse/Leopoldstrasse15 Leopoldstrasse/Johann-Fichte-Strasse, "Schwabinger Tor" 276216 Prinz Eugen military barracks19117 Messestadt Riem, "Lakeside Offices" 13418 Messestadt Riem, 3rd phase of housing development 1081719 Messestadt Riem, 4th phase of housing development 8020 Baumkirchner Strasse21 Carl-Wery-Strasse, "Perlacher Tor"7622 Hochäckerstrasse11623 Welfenstrasse24 Agfa site25 Baierbrunner Strasse east, "South Side"Urban development planning in progressLiving Working(approx. floor space in thousands of m26 Neuaubing railway sidings27 Freiham north, 1st phase of development28 "Aubing Central", former Telekom site29 Central railway-owned space, Paul-Gerhardt-Allee 221 31 Meiller, Moosach1232 Georg-Brauchle-Ring, north Munich gas utility 9,133 Parkstadt Schwabing, Lilly-Reich-Strasse1834 Messestadt Riem, Technology Park West 4,635 Hanns-Seidel-Platz36 Vogelweideplatz, "Bogenhausener Tor" 10837 "Werksviertel" near Ostbahnhof station122 28938 Paulaner site14239 Osram site40 Drygalski-Allee, E.ON site10541 Am Westpark, former ADAC site42 ZschokkestrasseOther projects and plans(approx. scope in hectares)43 Dornier site 6.644 Henschelstrasse7.045 Diamalt site 8.446 Rosa-Luxemburg-Platz7.047 Dachauerstrasse/Schwere-Reiter Strasse 20.248 Kronprinz-Rupprecht military barracks, Virginia Depot 43.449 Bayern military barracks 48.350 Messestadt Riem, 5th phase of housing development, Kirchtrudering 15.951 Friedrich-Creutzer-Strasse 12.852 McGraw site 2.453 Siemens campus 17.054 Ratzingerplatz 11.5Status: January 2014Source: Department of Urban Planning and Building Regulation Focus on living space Focus on working space Status: January 2014 Munich as a business location – Department of Labor and Economic Development Munich's infrastructureMunich trade fair companyTrade fairs with top visitor rates, 2013 200820092010201120122013Trade fairs and exhibitionsNo. of exhibitors (thousands)37.931.4No. of visitors (hundred thousands)18.218.017.517.8exhibitors visitors International trade fair for construction machinery, building material machines, mining machines, 535 100 visitorsWorld's leading trade fair for architecture, 232 900 visitorsPremier international skilled crafts trade fair, featuring the “Munich Garden” fair138 970 visitorsHeim + HandwerkSales exhibition for building, furnishing, living, including “Food & Life”119 000 visitorsF.re.eTravel and leisure trade fair111 280 visitorsIspo MünchenWorld's leading sports business platform81 580 visitorsDrinktecWorld's leading trade fair for the beverage and 66 890 visitorsTransport LogisticInternational trade fair for logistics, mobility, IT and supply chain management52 300 visitorsSource: Messe MünchenMunich's trade fair company is one of the world's leading trade fair organizers. 200820092010201120122013 Munich as a business location – Department of Labor and Economic Development Munich's infrastructureTake-offs/landings and passenger volume at Munich AirportSource: Flughafen München GmbHSource: German Airports Association (ADV) 200820092010201120122013Passengers (millions)37.8Take-offs/landings (thousands)410passengers passing through Munich AirportTake-offs and Munich Airport Passenger volumes at selected German airports Frankfurt/MainMunich 57.521.213.713.5 2012 2013 2012 2013Munich Airport – six-time winner of the “Best European Airport” award.200820092010201120122013 3836 200820092010201120122013 400 Munich as a business location – Department of Labor and Economic Development Munich's infrastructure Brussels 1:25Paris 1:40Toulouse 1:45Rome 1:30Vienna 1:00Prague 0:55Warsaw 1:35Berlin 1:10Hamburg 1:20Copenhagen 1:35Lyon 1:20Budapest 1:15Zurich0:55Amsterdam 1:35Milan1:05Tirana 1:50Marseille 1:40Zagreb 1:00Belgrade 1:25 Frankfurt/ Ljubljana Luxembourg 1:05Geneva 1:15 Krakow 1:25 Naples 1:40 Major European flight two-hour radiusSelected direct international flight Source: Flughafen München GmbH Cape TownCharlotteHong KongJohannesburgLondonLos AngelesLvovManchesterMarseilleNew YorkNovosibirskPalermoParisPortoPoznanPragueReykjavikRigaRomeSan FranciscoSao PauloSarajevoSeoulSingaporeSofiaSt. PetersburgStockholmTallinnTbilisi/TiflisTel AvivTiranaTokyoTorontoToulouseTunisTurinVeniceVeronaViennaWarsawWashingtonWroclawAnkaraBeijing/PekingBucharestMunich Airport is one of Europe's largest hubs: In 2013, 94 airlines served 238 destinations worldwide. Published by:City of MunichDepartment of Labor andHerzog-Wilhelm-Str. 1580331 MünchenGermany Fa-Ro Marketing GmbH Printing:Weber Offset, MunichPrinted on paper made from certified wood from controlled Munich, February 2014Picture credits on cover page: transportation systems for Munich subway, type C train (Photo: Kerstin Groh, MVG) Stachus, the western gateway (Photo: Kerstin Groh, MVG) Fiber-optic technology for high-in Munich (Photo: SWM Stadtwerke München GmbH) 2014 Referat für Arbeit und Wirtschaft Department of Labor and Economic DevelopmentMunich as a business location.Facts and figures 2014 Referat für Arbeit und Wirtschaft Department of Labor and Economic DevelopmentMunich as a business location.Facts and figures