SAXONY
Located in eastern Germany, Saxony sits at
the junction of Germany, Poland and the Czech Republic. It has the most dense
rail network in Germany and international airports located at Dresden and
Leipzig.
Saxony has become a major location for technology companies,
mainly located in one of the urban areas of Dresden, Leipzig and Chemnitz.
Industries particularly well represented are semiconductors, engineering,
electronics, optical equipment, environment and printing and
publishing.
Dresden has become the center of semiconductor activity
within Saxony. They have attracted a number of companies involved in producing
the basic materials used in modern electronic products. The area was recently
boosted by Siemens' decision to establish what will be the largest and most
modern development and production center of its kind in Europe and the
American corporation AMD (Advanced Micro Devices) is also investing heavily in
the area, along with ABB, Bosch and Philips. This level of activity has
encouraged investments from software companies such as Paravision Software from
California.
The environmental sector has also become a significant one in
the region, particularly in Leipzig which is home to the Leipzig-Halle
Environmental Research Center.
There are four universities in the region
in Leipzig, Dresden and Chemnitz. In total there are 67,000 university-level
students, 37% of whom are studying engineering or science subjects. Saxony also
has a number of research centers with activities focusing on production
techniques, information and microsystem technology, material sciences, medical
and biological research and energy technology.
"Als Anwalt in einer internationalen Wirtschaftskanzlei beschäftige ich mich tagtäglich mit grenzüberschreitenden Fragestellungen. Das Knowhow und das Netzwerk der BCCG ist hierbei von großem Nutzen." Dr. Mark C. Hilgard
Rechtsanwalt/Partner
Mayer Brown LLP, FrankfurtView more testimonials
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