Key Facts About Munich

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.  


Munich offers

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.