Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Ernst & Young: Germany Ranked a Top Global Investment Location

02.06.2010
Germany receives top marks as an investment location in the eyes of international managers. This is the result of a new study on the attractiveness of European markets published by Ernst & Young. According to the survey, Germany reaffirmed its position as the most attractive investment location in Europe and improved in the global rankings to become one of the top five locations worldwide.

This year's Ernst & Young study surveyed 814 international decision-makers on the attractiveness of the European economic area.

An additional 205 foreign companies were asked questions specific to Germany as a business location. 38 percent of those surveyed indicated an increase in Germany's attractiveness in 2009, despite the effects of the economic downturn. At the same time, 54 percent expect Germany to continue to increase in attractiveness over the next three years. This marks a jump from 37 percent in the previous year's study.

In international rankings, Germany surpasses Brazil to become the fifth most attractive investment location. The rankings are led by China, India, and the USA, followed by Russia and Germany. China reconfirmed its position as the top location worldwide, while India gained slightly to surpass the USA in this year's survey. Germany's jump is remarkable in the context of overall European performance in the survey. Despite a decrease in attractiveness of both Western and Eastern Europe - the latter experiencing a sharper drop - Germany strengthened its position.

In a wide range of business location factors, Germany receives top marks. Managers awarded positive ratings to Germany's infrastructure (including telecommunications and transport & logistics), qualified workforce and research and development landscape. Germany's handling of the economic crisis also receives positive ratings. 64 percent of those surveyed praise Germany's policies for managing the downturn. This marks an increase from 49 percent in the previous year's study.

Germany also showed strong indicators for the future. 40 percent of companies surveyed plan to invest in Germany, an increase from 31 percent in the previous year. In response to the question "How do you see Germany in the year 2020?" in which multiple responses were possible, 36 percent indicated that Germany will be a global leader in environmental technologies. A further 22 percent saw Germany as a center for research and development and 21 percent indicated that Germany will be a global model for a successful, entrepreneurial society.

Michael Pfeiffer, Chief Executive of Germany Trade & Invest: "These survey results reflect Germany's ongoing attractiveness as a top global business location. Despite a challenging year, Germany has positioned itself as a stable investment environment. Driven by a cutting-edge research landscape and exceptionally skilled workers, Germany creates a wide range of opportunities for businesses."

Peter Englisch, Partner at Ernst & Young: "Germany has handled the severe economic decline of the past year exceptionally well and earns points with its high-quality product pallet, competitive pricing, high global market share and strong position in terms of exports. In light of the current global upswing, Germany can benefit with above-average strength from these specific location advantages."

Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.

Eva Henkel | presseportal
Further information:
http://www.gtai.com

More articles from Business and Finance:

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

nachricht Preferential trade agreements enhance global trade at the expense of its resilience
17.02.2017 | International Institute for Applied Systems Analysis (IIASA)

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: A Challenging European Research Project to Develop New Tiny Microscopes

The Institute of Semiconductor Technology and the Institute of Physical and Theoretical Chemistry, both members of the Laboratory for Emerging Nanometrology (LENA), at Technische Universität Braunschweig are partners in a new European research project entitled ChipScope, which aims to develop a completely new and extremely small optical microscope capable of observing the interior of living cells in real time. A consortium of 7 partners from 5 countries will tackle this issue with very ambitious objectives during a four-year research program.

To demonstrate the usefulness of this new scientific tool, at the end of the project the developed chip-sized microscope will be used to observe in real-time...

Im Focus: Giant Magnetic Fields in the Universe

Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.

The results will be published on March 22 in the journal „Astronomy & Astrophysics“.

Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...

Im Focus: Tracing down linear ubiquitination

Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.

Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...

Im Focus: Perovskite edges can be tuned for optoelectronic performance

Layered 2D material improves efficiency for solar cells and LEDs

In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...

Im Focus: Polymer-coated silicon nanosheets as alternative to graphene: A perfect team for nanoelectronics

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

International Land Use Symposium ILUS 2017: Call for Abstracts and Registration open

20.03.2017 | Event News

CONNECT 2017: International congress on connective tissue

14.03.2017 | Event News

ICTM Conference: Turbine Construction between Big Data and Additive Manufacturing

07.03.2017 | Event News

 
Latest News

'On-off switch' brings researchers a step closer to potential HIV vaccine

30.03.2017 | Health and Medicine

Penn studies find promise for innovations in liquid biopsies

30.03.2017 | Health and Medicine

An LED-based device for imaging radiation induced skin damage

30.03.2017 | Medical Engineering

VideoLinks
B2B-VideoLinks
More VideoLinks >>>