Doing business In Germany
Germany is one of the world’s leading economies, renowned for its solid industrial base, technological innovation, and skilled workforce. With a population of over 83 million, Germany boasts a strong domestic market, characterized by high purchasing power and a sophisticated consumer base.
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/ The German Market in a few words
Germany’s economy is diversified across a wide range of sectors, including automotive, engineering, pharmaceuticals, information technology and renewable energies. This diversity contributes to its resilience and stability, despite global economic fluctuations.
Germany’s strategic location at the heart of Europe and its well-developed infrastructure make it an essential hub for trade and investment. The country boasts an extensive network of modern transport, communication, and logistics systems, facilitating national and international trade.
The German workforce is highly skilled, with a strong emphasis on vocational training and education. The country’s universities and research institutes are renowned for their excellence, fostering innovation and technological progress in all sectors.
The German government underscores its dedication to applied research through initiatives such as funding research establishments, fostering the establishment of startups, and facilitating the licensing of intellectual property. Foreign companies find Germany an attractive destination for investment due to its business-friendly environment, strong rule of law, and reliable regulatory framework.
83.8 M
Population
Euro
Currency
4.08 tn
GDP (USD)
1.8%
Economic Growth Rate
/ ALTIOS in Germany
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/ Set Up a Business in Germany
/ Ready to grow in Germany?
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