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Berlin’s economy

The turbulent history of Berlin’s economy over the last few decades was marked by major upheavals and recurrent structural change. Big names – like Borsig, AEG, Siemens, and Schering – dominated the city for years, making it a center of emergent companies and industrial expansion. Even today, these names are icons of a prosperous era. Since reunification, Berlin has become a growing center of service providers. But time has not stood still in other areas, either: the city continues to evolve and to experience new developments in industry. Nowadays, 106,000 people are employed in both traditional and innovative industries here. The city identifies locations of the future where it promotes knowledge-based sectors.

The scientific and academic landscape

Dovetailing business and science helps to create products that shape the future. Electromobility is a good example: research institutions and companies in Berlin are combining their expertise to develop new propulsion technologies, test them, and get them ready for assembly-line production. Berlin’s new industrial sector stands for sustainability and saves on resources, not quality of life. The close proximity to production plants also encourages research and technology development, and the city has long since become one of Europe’s leading research centers. Our 39 institutions of higher education are an important contributing factor here. Science and academics are future-oriented areas, and we are continuing to invest in them. The Adlershof science park is already one of the world’s largest; Berlin is building its own future here.

Tourism is booming


The tourist industry is experiencing higher growth rates than any of the city’s other business sectors. The number of overnight stays sets a new record every year, with Berlin’s Statistics Office recording more than 22 million in 2011. Other opportunities for growth in the Berlin-Brandenburg region are found especially in innovative economic sectors and in culture and the creative industries. Berlin also promotes key fields of the future like biotechnology, medical technology, communications and information technology, media, and transportation engineering. In addition, Berlin is Germany’s start-up capital.

The film capital Berlin



Hollywood goes to Berlin: Berlin has reestablished itself as a media capital, regaining the reputation it had in the Golden Twenties of the last century. Film premieres with appearances by international stars take place regularly, which means that the red carpet is rolled out not only for the Berlinale film festival. Berlin is also a backdrop for many movies, and film companies from around the world appreciate the city’s affordable production conditions.

Infrastructure and trade show venueThe capital city boasts one of the most modern and efficient transportation infrastructures in Europe. Day after day, thousands of visitors arrive at Berlin’s central train station and use the city’s vast public transportation system while they’re here. Millions of passenger trips are taken each day on the suburban rail system or on the BVG’s buses, trams, or subway trains. The new major airport BER will create a new transportation hub in the heart of Europe when it opens, making it a job engine for the region. This international airport right outside the city limits and just half an hour away from the city center will give an additional boost to the city’s significance as a major metropolis.

Visitors from all over the world will then have an even easier time reaching Berlin, already a major trade show and congress venue, whose celebrated events include IFA (consumer electronics), ITB (tourism), the International Green Week (agriculture), and ILA (aviation).


Contact

The Governing Mayor of Berlin
- Senate Chancellery -

Jüdenstr. 1
10178 Berlin

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