Economy
Latest news
Chemnitz among the top 10 most liveable cities
According to the Prognos City Ranking 2024, Chemnitz is one of the 10 most liveable cities in Germany. The current study analysed 71 German cities with more than 100,000 inhabitants. The status quo and dynamics of 28 indicators for modern, future-oriented cities were analysed. Chemnitz scored particularly well with its high number of daycare places and favourable rents.
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TU Chemnitz is the most popular university in Germany
In the ranking of the online evaluation portal "StudyCheck.de", Chemnitz University of Technology achieved first place among German universities based on the very positive evaluations of its students and graduates. Chemnitz University of Technology is also the best state university in the "Digital Readiness" live ranking.
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Top rating for "Vital city centres 2024"
According to the "Vital City Centres 2024" study by IFH Cologne, Chemnitz is one of the most attractive cities in its size category in Germany. With a school grade of 1.4, the city achieved the top position among cities with 200,000-500,000 inhabitants. This is due to numerous measures such as new green spaces, modern lighting, lively pedestrian zones and a more diverse range of restaurants and events.
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Latest economic report published
The City of Chemnitz's new economic report provides insights into projects and developments in economic development from July 2023 to December 2024, focusing on settlement activities, the Welcome Centre, skilled labour initiatives, international cooperation and the Chemnitz Region Hydrogen Alliance - important impetus for sustainable growth despite challenging times.
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Chemnitz - centre of a traditional, successful industrial region
Chemnitz is the centre of a successful industrial region rich in tradition. The backbone of our success is the passion, ideas and inventive spirit of those who live and work here. WE - these are world-class engineers and inventors: machines, vehicles, microelectronics, sensors, intelligent textiles, new materials, software for automated driving - over eight billion euros of added value are supported by high-quality products, intelligent services and a large pinch of Saxon serenity.
Our 18,500 industrial and craft businesses are the backbone of our economy. They get down to business, go their own way, dare to try new things and live the spirit of invention.
Technology and infrastructure
Establishment of the National Hydrogen Centre in Chemnitz
The "Hydrogen Innovation Center" HIC in Chemnitz is the Chemnitz site of the national Innovation and Technology Centre for Hydrogen (ITZ), which successfully won the BMDV's federal competition in 2021. The HIC was developed by the national hydrogen technology cluster HZwo e.V., which brings together the expertise of 150 companies and research institutions across Germany. With the construction of the Hydrogen Innovation Centre (HIC), a development and test environment for hydrogen technologies will be established in the region that is unique in Europe and combines the expertise of the region and the cluster under the umbrella of HZwo e.V.. This will create the most modern hydrogen centre in Chemnitz.
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Space for your ideas!
Historic industrial neighbourhoods in Chemnitz are being developed into modern working and living spaces in which young companies are settling. Today, the city is one of the leading research and development centres for microsystems technology, sensor technology, textile research, mobility and hydrogen. With the Chemnitz Model, the city has an infrastructure project that is unique in Germany and connects the city with the region. And: Chemnitz is not finished yet! Unlike almost any other major city in Saxony, there are still many vacant areas where new branches of industry can settle and establish themselves.
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Current funding programmes
You will find a large number of current financing and funding opportunities from various institutions in the areas of securing skilled labour, start-ups, investments, growth and energy clearly listed here.
We are happy to support and advise you as an intermediary between authorities, chambers and funding providers, coordinate processes and network you with important players. Take advantage of these opportunities for sustainable growth!
Economic development by the City of Chemnitz and partners
Surveys confirm it time and time again: Chemnitz companies consider their city to be particularly business-friendly; they find a good balance of industry, trade, services and research here. They also appreciate the short decision-making processes within the administration.
Municipal enterprises and holdings
A large part of the services of general interest for the residents of the City of Chemnitz are provided by the organisationally and financially independent municipal companies, municipal enterprises, associated companies and special-purpose associations. With an average of 4,900 employees, the associated companies are a major employer.