Economy
Wiesbaden hosts a number of international companies, which have their German or European headquarters here, for example, Abbott, CSC, Ferrari, Federal-Mogul, Melbourne IT, Norwegian Cruise Line and SCA. Several German companies also have their headquarters in Wiesbaden, including SGL Carbon, Dyckerhoff, Kion and DBV-Winterthur and R + V Versicherung. Wiesbaden is also home to the "Industriepark Kalle-Albert", an industrial park in the southern quarter of Biebrich. It is one of the largest in Germany with over 80 companies from the pharmaceutical and chemical industry, including Agfa-Gevaert, Clariant, Mitsubishi Chemical Corporation and Shin-Etsu Chemical. The park was founded by chemical company Hoechst AG in 1997.
In addition, a large number of Hessian ministries are located in Wiesbaden.
At approximately €77,500, Wiesbaden has the second largest gross domestic product per inhabitant in Hesse, after Frankfurt, making it one of the richest cities in Germany. The purchasing power per inhabitant is €22,500.
Read more about this topic: Wiesbaden
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)