Bosch, Daimler, Festo, Hugo Boss, Kärcher or Stihl - all these premium global players either have production sites in Baden-Württemberg, or are based here. As a result they contribute to Baden-Württemberg's excellent reputation as one of the economic powerhouses of Europe.
Furthermore, when it comes to inventiveness, Baden-Württemberg tops the national table - with 133 patents per 100,000 residents. The focus here is not merely on investing in innovative products; entire industrial sectors are breaking new ground to create sustainable growth areas. The region's showcase sectors are technology-based, such as automotive, mechanical and electrical engineering, as well as the sustainable mobility and environmental technology fields.
Within Germany, Baden-Württemberg is at the forefront of the country's energy policy turnaround. The development and expansion of a sustainable energy economy is a top priority in the southwest.
In addition to the major international corporations, the state's success lies in its SMEs - or mid-caps - which provide a resilient, sound economic basis. 99 per cent of all companies based in Baden-Württemberg fall into this category. They employ approximately 52 per cent of the state's working population.
Frequently these hidden champions are global market leaders in their respective fields and thus contribute significantly to Baden-Württemberg's economic performance. Many of the products and services in demand around the world are manufactured by these small and medium-sized companies, often in close cooperation with research institutes attached to the state's universities.
The expertise found in related economic sectors is pooled in clusters in Baden-Württemberg with the aim of consolidating the state as a successful business location. Clusters exist in the automotive, biotechnology, energy, finance, forestry and timber sectors, the health industry, IT, lightweight design, logistics, the aerospace industry, mechatronics, the media, culture and creative sector, medical engineering, micro systems and nano technology, new materials and surfaces, photonics, production technology and mechanical engineering, satellite navigation, security technology, telecommunications, the textile and clothing industry, environmental and packaging technology.