Munich is the economic powerhouse of Germany, a cosmopolitan capital home to many major companies, well-known as a startup hub and as a center of expertise in tech research and development. The city aims to be a world leader in renewable energy with a goal to be using 100% clean electricity by 2025. Munich combines a love for innovation with pride in the local culture, including traditional Bavarian costume, cuisine and celebrations. The city offers its diverse citizens an excellent quality of life, with festivities year-round and the stunning Bavarian Alps just an hour away, providing plentiful skiing in the winter and hiking in the summer.
different nationalities in Munich
of population are foreign nationals
of students are international
million visitors in 2019
Munich offers a fertile business environment:
- Major companies have headquarters in Munich, including BMW, Siemens and Allianz.
- Germany has been ranked the best European country for startups two years in a row.
- 20% of Germany’s most successful startups are headquartered in Munich.
- Munich has the strongest employment growth of all German cities.
- A dedicated network, MUST (The Munich Innovation Ecosystem) drives innovation in Munich.
- Multiple digital hubs cement the city’s reputation for technological innovation and excellence.
