There are 88,500 companies based in the Chemnitz economic region. Of these, 225 companies employ more than 250 people.
Although the region is home to large, global companies such as Volkswagen, Siemens, Continental and Porsche, small and medium-sized enterprises (up to 50 Million EUR turnover p.A.) generate 2/3 of the regional turnover.
Industrial manufacturing accounts for about 1/4 of the region's economic output.
Key sectors: The automotive and mechanical engineering sectors, including materials and coating technology, metal processing, automation and microsystems technology, as well as numerous highly specialized service providers and innovative craft enterprises, form the region's industrial backbone. At the same time, the extractive industry with its tradition of over 800 years of mining, alongside electrical and building engineering, the textile and clothing industry, musical instrument making, wood processing and traditional arts and crafts also make a decisive contribution to the region's success and economic diversity.
Since 2010, the economic power per capita has risen by 10%.
At 81.2 %, the employment rate in the Chemnitz economic region is above the level of all German federal states. One of the reasons can be found in the exceptionally high labour force participation of women (78.9 %).
The average cold rent in Chemnitz accounts for only 17 % of the local average income. Because wages rise much quicker than rental prices, in the city today an effective 2.5 % less is paid for a flat than 10 years ago. In plain language: we have an average rent of 5 €/m².
Overall, almost 1.5 million people live in the region.
Thanks to numerous childcare facilities, families with children benefit from excellent conditions in the Chemnitz economic region. There are more than 1,000 nurseries available for about 100,000 children. Consequently, we provide childcare for 3 to 6-year-olds at a rate of over 95%.
The Chemnitz economic region offers a dense network of various cultural institutions. For example, 22 public theatres, 90 museums, 31 cinemas and 217 libraries provide for a high quality and diversified educational and cultural programme.
Robert Schumann, Kraftklub, de Randfichten, Stereoact - these are just a few of the local starlets.
The Kosmonaut Festival attracts top acts to the Rabenstein Lake every summer. For those who like it a tad more sophisticated, the lake stage at the Kriebstein Dam is just the thing. Concerts and spectacular fire and light shows take place here. The Central Saxon Theatre takes advantage of this unique location as a permanent summer venue.
And we also have a lot to show for sportive activities. Whether (wheelchair) basketball, football, waterball, handball or athletics, biathlon, waterskiing, ice hockey, figure skating or ski jumping, you can be sure that we will mix in with the high-level leagues of many disciplines.
The Vogtland Arena Klingenthal is among the most advanced ski jumping facilities in the world. With its floating panoramic capsule, the so-called "Ufo", the facility, completed in 2006, has become an architectural attraction.
The Sachsenring in Hohenstein-Ernstthal is one of the most legendary race tracks in Germany and the annual host of the German Grand Prix of the Motorcycle World Championship.
Hobby athletes will find ideal conditions in the area. Whether cycling on well-developed riverside cycle paths or challenging mountain biking in the Erzgebirge - simply do both.
The cities of Dresden and Leipzig are just around the corner, in case you need even more opportunities for having a rich time off-duty. Furthermore you can reach the neighbouring countries Czech and Poland within a 2 hours drive.