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Business, economy and manufacture
2.3.1 Business, economy and manufacture
60 Undoubtedly, the economic key is a reliable driver and attractor to highly professional figures as well as new graduates coming from all over the world, thanks also to the internationality of the biggest companies. However, 91% of the workforce companies is condensed in micro-enterprises, 8,5% of the firms resident in Munch are classed as small or medium-sized enter prises (SMEs) and only 0.5% – 458 companies in all – are large corporations with more than 250 socially insured employees each.
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Six of the eight Bavarian companies listed on the DAX index of Germany’s blue-chip companies are headquartered in Munich – more than in any other German city. They are Allianz SE, BMW AG, Linde AG, Munich Re AG, Siemens AG and Infineon Technologies AG. [7] Moreover, other companies claim an important portion of the international market and workforce as MAN SE, Stadtwerke München, Munich Airport, Stadtsparkasse München and TUM.
Density manufacture and economy 61
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[8] Due to a large number of corporations listed in the market in Munich, the Bavarian capital is a leader in the German “stock market league”. Given its large number of dominant firms and, in particular, the broad spread of industries represented here, Munich is less dependent on the economic performance of individual players. [8]
BMW four-cylinder 63
