Status: 11/10/2022 11:07 am
According to a study, thanks to BioNTech, Mainz is the economically fastest growing city. In general, when it comes to economic power, Munich is still at the top, but is losing pace.
According to a study, Mainz is the most dynamic German city. The success of the corona vaccine manufacturer BioNTech plays a decisive role there, because the company pays significantly more trade taxes, as can be seen from the city ranking published today by IW Consult on behalf of the Internet portal Immoscout24 and the “Wirtschaftswoche”.
“Mainz jumps from 48th place to 1st place due to the significantly increased municipal tax power,” said Hanno Kempermann from IW Consult. The Rhineland-Palatinate state capital has recognized the unique opportunity and is planning numerous measures in the areas of climate protection and mobility, sport and leisure as well as youth and culture.
Munich further ahead in terms of economic power
As newcomers, Halle (Saale), Leverkusen, Oldenburg and Darmstadt also made it into the top ten for the first time in the dynamic ranking, which analyzes the development of the economy, job market, quality of life and real estate market over a period of five years. They displaced Heilbronn, Lübeck, Kiel, Munich and Potsdam.
“The development prospects for the Ruhr area are promising, as there are new opportunities for structural change from the digital and ecological transformation,” it said. With a research focus on decarbonization, the center for IT security in Bochum and many IT courses on offer, the largest metropolitan area in Germany is developing positively for the most part. When it comes to sustainability aspects in the areas of ecology, economy and social affairs, things are looking poor in some cities in the Ruhr area.
“Experience shows that the cities that do well in the dynamic ranking also rise in the level ranking with a slight time lag,” said Immoscout24 Managing Director Gesa Crockford. Munich, on the other hand, slipped to 30th place. High inflation and rising interest rates dampened the expensive real estate market in the city particularly significantly.
Berlin and Cologne sag
In the so-called level ranking, which analyzes the current economic power of the independent cities with more than 100,000 inhabitants, Munich is still at the top. As in the previous year, Erlangen follows in second place. The Franconian city then made it into the top five as the only major city in Germany in terms of quality, dynamics and sustainability. Fourth place behind Munich, Erlangen and Stuttgart is achieved by Ingolstadt, which is now bottom of the 71 urban districts in the dynamic ranking.
Regensburg is tenth in terms of economic power, but only ranks 54th in terms of dynamics. The gap is smaller for Würzburg and Nuremberg, they each make it into the upper midfield. Fürth and Augsburg follow a little behind. The metropolises of Cologne and Berlin continue to slip in the level ranking of IW Consult.
Cologne, for example, dropped from 27th place last year to 30th. “Cologne and Berlin (42nd place) are united above all by the partially dysfunctional city administration, which is reflected, among other things, in the noticeably high level of sick leave in the public sector,” it said. The tail lights in the level ranking for the economic and social situation are Oberhausen, Herne, Duisburg and Gelsenkirchen.