Economy
Greifswald and Stralsund are the largest cities in the Vorpommern part of Mecklenburg-Vorpommern. Of great importance to the city's economy is the local university with its 12,000 students and nearly 5,000 employees in addition to many people employed at independent research facilities such as the Friedrich Loeffler Institute and spin-off firms.
Greifswald is also the seat of the bishopry of the Pomeranian Evangelical Church as well as the seat of the state's chief constitutional court, and chief financial court.
Tourism plays a vital role as Greifswald is situated between the islands of Rügen and Usedom on the popular German Baltic coast, which brings in many tourists.
One of Europe's largest producers of photovoltaic modules, Berlin-based Solon SE, has a production site in Greifswald. The world's third largest producer of yachts worldwide, Hanse Yachts, is based in Greifswald. In the energy sector, a transnational gas pipeline from Russia to Germany will stop in Lubmin (near Greifswald). Riemser Arzeimittel is a pharmaceutical company based on the island of Riems, which is part of the city of Greifswald. Siemens Communications F & E produces goods here as well.
In a 2008 study, Greifswald was declared Germany's most dynamic city. According to another 2008 study, Greifswald is the "youngest city" in Germany having the highest percentage of heads of household under 30 years of age.
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