Economy
The economy is strongly influenced by tourism, the University of Rostock and maritime industries (especially shipbuilding) and the service sector. Major companies include:
- Aker Warnow Werft, shipyard belonging to Aker Yards
- Neptun Werft, shipyard belonging to Meyer Neptun Group
- Deutsche Seereederei Rostock, transport, cruises, property and tourism holding
- Suzlon,worlds 5th largest wind turbine manufacturers
- Nordex, a major producer of wind turbines
- Hanseatische Brauerei Rostock, German brewery belonging to the Oetker-Gruppe
- Liebherr, manufacturer of cranes
- Caterpillar Inc., manufacturer of diesel engines for ships
- IKEA
- Scandlines, German-Danish ferry operator
- Inros Lackner AG, Architects, Engineers, Consulting company
- Yara International, supplier of plant nutrients
- AIDA Cruises, German company for cruises
Furthermore, Rostock is the seventh-largest port of the Baltic Sea, and among the largest in Germany.
Read more about this topic: Rostock
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)