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Main image: Novelis plant in Nachterstedt. – Copyright: NOVELIS, Marco Prosch Left: The thesis door on the Wittenberg Castle Church – Copyright: IMG Sachsen-Anhalt Middle: Bauhaus Dessau and Masters’ Houses - Copyright: IMG Sachsen-Anhalt Right: New Novelis Automotive Sheet Line – Copyright: NOVELIS, Marco Prosch

Saxony-Anhalt Heartland of German history and powerhouse region for global players What do Bauhaus Dessau, the Pyramids of Gaze and the Sydney Opera House have in common? They all rank among UNESCO World Cultural Heritage as unique and authentic cultural monuments. TEXT: IMG - INVESTITIONS - UND MARKETINGGESELLSCHAFT SACHSEN-ANHALT MBH

No other place in Germany has conserved as much evidence of more than 1,000 years of German and European history as the area of today’s Saxony-Anhalt. Here Martin Luther was born, here he lived and died. From here the reformation went around the world and to this day affects our lives and our customs. Thanks to the broad culturally historical spectrum in Saxony-Anhalt, the state possesses the highest concentration of UNESCO World Heritage sites in Germany, including Bauhaus Dessau, as well as Quedlinburg, the Luther Memorial Sites in the Luther Cities Eisleben and Wittenberg and the Garden Kingdom of Dessau-Wörlitz. Saxony-Anhalt is a state with many faces: a cultural stronghold and industrial region

in peaceful coexistence, marked by forceful personalities who thought European and worked cosmopolitan. The investment activities by national and international companies in Saxony-Anhalt are brisk. During the last five years, companies that were subsidised by public incentives, have invested about four billion US dollars in SaxonyAnhalt and created more than 10,000 jobs. According to the yearly compiled European Investment Monitor from the auditing and accounting company Ernst & Young, Saxony-Anhalt again is high on the agenda by foreign investors. “Saxony-Anhalt has developed to an attractive investment location within Germany and, above all, worldwide,” states Dr. Carlhans Uhle, managing director of the Investment and Marketing Corporation Saxony-Anhalt (IMG).

The established industries in the federal state offer attractive value-added chains with local companies in which investors can find the raw materials or technologies that they require. It therefore comes as no surprise that the top foreign investments in 2015 in Saxony-Anhalt not only included investors who have opted to set up locally – the numerous expansion investment projects are also a testament to the excellent quality of location in terms of economic growth. Novelis, headquartered in the USA, has opened a new automobile production line at its Nachterstedt plant, investing approximately 62 million euros and creating 56 new jobs. With 1,200 employees currently working at the plant, Nachterstedt in Saxony-Anhalt is now the largest of the nine Novelis plants in Europe. “Nachterstedt is the location of the future in Europe,” explained Erwin Mayer, president of Novelis Europe, at the opening. Saxony-Anhalt is the land of mechanical and plant engineers: 150 years of experience constitute the basis for this most important of all industries in the state. Moreover, a highly efficient science and research landscape has become established. If interested, please visit us at Hannover Fair, in Hall 4 / Booth G05. www.invest-in-saxony-anhalt.com/tradefairs/ hannover-messe-2016 Issue 37 | April 2016 | 69

Profile for Scan Client Publishing

Discover Germany, Issue 37, April 2016  

Discover Germany promotes German, Swiss & Austrian Design, Tourism, Food, Culture and Business.

Discover Germany, Issue 37, April 2016  

Discover Germany promotes German, Swiss & Austrian Design, Tourism, Food, Culture and Business.

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