Saxony, car country
With five production plants run by Volkswagen, BMW and Porsche, plus roughly 780 suppliers to the industry, Saxony is one of Germany’s top five automotive locations. The automotive industry is Saxony's most profitable sector, employing more than 95,000 workers. It makes up one quarter of industrial revenue and more than a third of foreign sales.
Saxony is home to the largest microelectronics / ICT cluster in Europe. One in three microchips produced in Europe is “Made in Saxony”. Some 3,900 companies with a total of 62,000 employees do business in Saxony, covering every link in the ICT value chain. In Dresden, GLOBALFOUNDRIES, Infineon and – from 2021 – Bosch operate some of the most up-to-date and largest semiconductor fabs in the world.
Environmental engineering and energy management
With almost 17,000 employees in some 700 companies, environmental engineering and energy management also play a significant role in Saxony’s economy. Based on Saxony's long tradition as a mining region, local companies and research institutions have outstanding expertise in mine site and contaminated land remediation, and in renovating sewage systems. Saxony is considered one of the world’s top locations when it comes to renewable energy sources, increasing energy efficiency, energy storage and, above all, resource efficiency.
Photo credits: Saxon Economic Development Corporation
Michael Lange and Jürgen Männel