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 Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

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: Temperature-controlled fiber-optic light source with liquid core

In a recent publication in the renowned journal Optica, scientists of Leibniz-Institute of Photonic Technology (Leibniz IPHT) in Jena showed that they can accurately control the optical properties of liquid-core fiber lasers and therefore their spectral band width by temperature and pressure tuning.

Already last year, the researchers provided experimental proof of a new dynamic of hybrid solitons– temporally and spectrally stationary light waves resulting...

Im Focus: Overdosing on Calcium

Nano crystals impact stem cell fate during bone formation

Scientists from the University of Freiburg and the University of Basel identified a master regulator for bone regeneration. Prasad Shastri, Professor of...

Im Focus: AchemAsia 2019 will take place in Shanghai

Moving into its fourth decade, AchemAsia is setting out for new horizons: The International Expo and Innovation Forum for Sustainable Chemical Production will take place from 21-23 May 2019 in Shanghai, China. With an updated event profile, the eleventh edition focusses on topics that are especially relevant for the Chinese process industry, putting a strong emphasis on sustainability and innovation.

Founded in 1989 as a spin-off of ACHEMA to cater to the needs of China’s then developing industry, AchemAsia has since grown into a platform where the latest...

Im Focus: First real-time test of Li-Fi utilization for the industrial Internet of Things

The BMBF-funded OWICELLS project was successfully completed with a final presentation at the BMW plant in Munich. The presentation demonstrated a Li-Fi communication with a mobile robot, while the robot carried out usual production processes (welding, moving and testing parts) in a 5x5m² production cell. The robust, optical wireless transmission is based on spatial diversity; in other words, data is sent and received simultaneously by several LEDs and several photodiodes. The system can transmit data at more than 100 Mbit/s and five milliseconds latency.

Modern production technologies in the automobile industry must become more flexible in order to fulfil individual customer requirements.

Im Focus: Sharp images with flexible fibers

An international team of scientists has discovered a new way to transfer image information through multimodal fibers with almost no distortion - even if the fiber is bent. The results of the study, to which scientist from the Leibniz-Institute of Photonic Technology Jena (Leibniz IPHT) contributed, were published on 6thJune in the highly-cited journal Physical Review Letters.

Endoscopes allow doctors to see into a patient’s body like through a keyhole. Typically, the images are transmitted via a bundle of several hundreds of optical...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Munich conference on asteroid detection, tracking and defense

13.06.2018 | Event News

2nd International Baltic Earth Conference in Denmark: “The Baltic Sea region in Transition”

08.06.2018 | Event News

ISEKI_Food 2018: Conference with Holistic View of Food Production

05.06.2018 | Event News

 
Latest News

Towards universal influenza vaccines – is Neuraminidase underrated?

22.06.2018 | Life Sciences

Thermal Radiation from Tiny Particles

22.06.2018 | Physics and Astronomy

Polar ice may be softer than we thought

22.06.2018 | Earth Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>