Rostock - Economy

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.

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Famous quotes containing the word economy:

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    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)