Location Profile Düsseldorf

Transcription

1 Location Profile Düsseldorf

2 Accessibility Düsseldorf central location, easy accessibility Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

3 Accessibility Düsseldorf fast connections to Europe s economic centres Oslo Stockholm Helsinki From Düsseldorf to: Fastest road distance in km Flight time in minutes Amsterdam Barcelona Berlin 1, Brussels * Frankfurt Glasgow Helsinki London 1,201 1, Luxembourg Lyon Madrid , Milan Moscow Oslo 2,340 1, Paris Prague Rome Stockholm 731 1,447 1, Warsaw 1, Vienna Zurich Glasgow London Paris Barcelona Madrid Düsseldorf Prague Vienna Zurich Rome Warsaw Source: Falk Routenplaner, Düsseldorf Airport, Deutsche Bahn AG V2014Q2. * = For data on Brussels, time of train connection in minutes. 2

4 Accessibility Düsseldorf easily accessible from other European cities Average travelling time to 41 European cities in minutes Frankfurt Düsseldorf Berlin Cologne Essen Stuttgart Munich Hamburg Hanover DortmundNuremberg Bremen Dresden Leipzig Source: BBR V2013Q2 B2012. Average travelling time by combined car/air transport to 41 selected European conurbations. 3

5 Accessibility Airport Düsseldorf Worldwide non-stop destinations from Düsseldorf Key data Airport Düsseldorf third largest airport in Germany over 21 m. passengers per year over 210,000 flights per year over 115,000 t air freight per year over 60 airlines 192 destinations worldwide at least two connections a day to the most important European destinations more than 110 intercontinental flights per week fast connections to the city (13 min by S-Bahn) around 19,700 jobs in airport as a whole Flight destinations from Düsseldorf (examples) Abu Dhabi Atlanta Chicago Dubai Istanbul Lisbon Los Angeles Miami Moscow New York Peking St. Petersburg Tel Aviv Tokyo Destination country United Arab Emirates USA USA United Arab Emirates Turkey Portugal USA USA Russia USA China Russia Israel Japan Source: Flughafen Düsseldorf GmbH V2014Q2. 4

6 Accessibility Düsseldorf Airport has the shortest distance to the city Road distance from airport to city in km Düsseldorf Hamburg Berlin Hanover Stuttgart Frankfurt km Cologne Leipzig London Paris Heathrow Charles de Gaulle Munich Source: own research with map24.de and viamichelin.de V2014Q2. 5

7 Accessibility Complete transport infrastructure Railway Over 1,100 train departures a day 180 long-distance trains daily Over 300 train stops at airport station Rheinbahn AG has AA rating Motorway 13 inner-city motorway connections 50 inner-city motorway kilometres 13 Park & Ride car parks Rhine inland port Rhine inland port Total area: 5 km² 15.8 m. tons freight volume 30 loading facilities 15 port trains Sources: Deutsche Bahn AG, City of Düsseldorf Statistics Office, Neuss-Düsseldorfer Häfen GmbH & Co. KG. All data from V

8 Accessibility Düsseldorf Intelligent traffic management ensures only moderate congestion Annual time loss through traffic congestion and obstructions in hours Bremen Düsseldorf Amsterdam Frankfurt Munich Vienna Berlin Cologne Hamburg Lyon Stuttgart Toulouse Stockholm Brussels Source: TomTom Congestion Index V2013 B2012, Annual time loss due to congestion and traffic obstructions in hours on a 30-minute daily commuting journey. 7

9 Accessibility Top marks for Düsseldorf transport system Marks given to various transport indicators (from 1 to 10) Düsseldorf Frankfurt Munich Cologne Dresden Hamburg Stuttgart Berlin Hanover Leipzig Source: Bellevue-Studie V2013Q3. Category Transport. Verkehr. Marks given from 1 (= top) to 10 ( = flop). 8

10 Accessibility Car-sharing - Düsseldorf as pioneer of modern passenger transportation Car-sharing cars per 1,000 inhabitants in segment free-floating providers Düsseldorf Stuttgart Cologne Berlin Munich Hamburg Hanover Essen Source: bcs. Federal car-sharing association V2013Q3. Number of car-sharing cars per 1,000 inhabitants in manufacturer-based free-floating provider segment. 9

11 Economic strength Düsseldorf - metropolitan region with great economic strength Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

12 Economic strength Düsseldorf powerful economic region in Europe Up to one hour away by car 11.6 m inhabitants 500,000 companies Up to 500 km away 155 m. inhabitants 31 % of total EU population 50 % of EU purchasing power Up to one hour s flight away Amsterdam, Brussels, Frankfurt, Hamburg, London, Luxembourg, Paris, Zurich 500 km radius with 155 m. inhabitants 2

13 Economic strength Economic power of North Rhine-Westphalia on same level as some countries Gross Domestic Product of selected countries in billions of USD. Russia India Canada Republic of Korea Indonesia Netherlands North Rhine-Westphalia Saudi Arabia Switzerland Argentina Sweden Poland Belgium Venezuela South Africa Singapore Hong Kong ,305 1,827 1,877 2, ,200 1,500 1,800 2,100 Sources: Weltbank, Gross Domestic Product Ranking V2014Q4 B2013. ITNRW, Gross Domestic Product V2014Q1 B2013. Exchange rate Euro - US Dollar according to average rate 2013 of German Federal Bank. North Rhine-Westphalia ranks 19th in worldwide country comparison. 3

14 Economic strength Düsseldorf business market - in the same league as New York, London or Paris Düsseldorf Rhine-Ruhr region Area 11,738 km² Inhabitants 11.6 m km Source: IKM, BBSR. Metro-Region New York Area 6,120 km² Inhabitants 14.0 Mio km Source: U.S. Census Bureau. Area: Adjusted area of Metro-Division. Greater London Area 14,188 km² Inhabitants 13.6 m km Source: Greater London Authority. The area shown corresponds to Greater London plus the adjoining counties. Paris Ile de France Area 12,012 km² Inhabitants 11.9 Mio km Source: Eurostat 4

15 Economic strength Metropolitan region Düsseldorf / Rhine Ruhr largest economic centre in Germany Düsseldorf - Rhine - Ruhr Inhabitants 11.6 m. Employees 5.7 m. GDP in bn. Hamburg Berlin Hamburg region Inhabitants 5.1 m. Employees 2.5 m. GDP in bn. Frankfurt region Inhabitants 5.5 m. Employees 2.9 m. GDP in bn. Düsseldorf- Rhein Ruhr Berlin region Inhabitants 6.0 m. Employees 2.7 m. GDP in bn. Stuttgart region Inhabitants 5.3 m. Employees 2.7 m. GDP in bn. Frankfurt Stuttgart Munich region Inhabitants 5.5 m. Employees 3.0 m. GDP in bn. München Sources: IKM, BBSR V2012Q3. 5

16 Economic strength Düsseldorf region strong partners make for a strong location Data of Düsseldorf region Figures Area in km² 1,201 Inhabitants 1,535,486 Inhabitants per km² 1,279 Gross Domestic Product in million 72,276 Working population 933,300 Number of companies 85,305 Foreign companies 14,864 Daily commuting flows (SVB) 922,502 Available income per head in Difference to federal average in % 22, As at: V2014Q2. 6

17 Economic strength Düsseldorf amongst the most productive cities in Germany Gross Domestic Product per employed person in 90,000 84,427 82,728 82,667 81,581 81,315 73,779 60,000 68,368 67,236 64,162 63,604 62,138 59,944 50,155 48,919 30,000 0 Frankfurt Munich Düsseldorf Stuttgart Hamburg Essen Bremen Cologne Hanover, region Source: Working Group National Accounts, Gross Domestic Product per employed person V2014Q3 B2012. Nuremberg Dortmund Berlin Leipzig Dresden 7

18 Economic strength High purchasing power of Düsseldorf s inhabitants Key figures relating to purchasing power in selected German cities = Munich Düsseldorf Frankfurt am Main Source: GfK Nürnberg V2014Q2. Stuttgart Hamburg Cologne Hanover Germany Essen 8

19 Economic strength Düsseldorf s high municipal investment strength Municipal physical investments per capita and year in Düsseldorf Munich Dresden Frankfurt Stuttgart Nuremberg Leipzig Dortmund Cologne Essen Source: State Statistics Offices V2014Q2 B

20 International character International location Düsseldorf Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

21 International character Düsseldorf makes North Rhine-Westphalia no. 1 federal state for direct foreign investment Direct investments in federal states of Federal Republic of Gerrmany in billions of 75 Hamburg 32 Lower Saxony Berlin North Rhine- Westphalia Düsseldorf Hesse 137 Bavaria Baden-Württemberg Source: Deutsche Bundesbank, Direct foreign investments in Germany according to federal states V2014Q2 B2012Q4. 2

22 International character Düsseldorf is one of the 3 most important regions for foreign direct investment in Europe Number of foreign investments 2013 Greater London 380 Greater Düsseldorf Paris Ile de France Source: Ernst & Young, European Investment Monitor, Direct investments V2014Q2 B2013. Greater Düsseldorf is formed here by the government district which corresponds to a NUTS2 region in the context of European regional classification. Foreign investments are included that created business premises and/or jobs in

23 International character Düsseldorf is the top location for direct foreign investment in Germany Number of foreign investments that created business premises and/or new jobs in Source: Ernst & Young, European Investment Monitor, Direct investments in Germany V2014Q2 B

24 International character 139 countries around the world invest in Düsseldorf Düsseldorf Foreign companies in Düsseldorf Countries of origin (examples alphabetical) Number of firms France 176 Great Britain 471 India 46 Japan 360 Korea 70 Netherlands 514 Russia 84 USA 217 China 320 Quelle: Source: IHK Office Düsseldorf of Economic und IHK Development Mittlerer Niederrhein, Düsseldorf Monitoring Ausländische V2014Q3. Unternehmen in den IHK-Bezirken V2013. *= Angaben von V

25 International character International companies with a foothold in Düsseldorf Foreign headquarters in Düsseldorf (examples) Country of origin Foreign headquarters in Düsseldorf (examples) Country of origin BBDO Germany, Advertising USA Nokia Solutions and Networks, TC Finland E-Plus, Telecommunications Netherlands ORACLE Deutschland, IT USA Ericsson, Telecommunications Sweden Posco Europe Office, Steel Korea FUJIFILM Europe Japan Statkraft Germany, Energy Norway HSBC, Financing Great Britain TATA Steel, Steel India Huawei, Telecommunications China The Bank of Tokyo-Mitsubishi, UFJ Japan L'Oreal, Cosmetics France Toshiba Electronics Japan McKinsey & Company, Consultancy USA Vodafone Group, TC Great Britain Nanya Technology Europe, IT Taiwan ZTE, Telecommunications China Source: Office of Economic Development Düsseldorf V2013Q3 6

26 International character With an export quota of 46 %, Düsseldorf is closely intertwined with the global economy The largest import countries to North Rhine- Westphalia Netherlands China, People s Republic Belgium France Italy Import The largest import sectors to North Rhine-Westphalia Mineral substances Machines, equipment Base metals and goods made from these Products from chemical industry Means of transport North Rhine-Westphalia 46 % Export The largest export countries out of North Rhine- Westphalia Netherlands France United Kingdom Belgium United States of America The largest export sectors from North Rhine- Westphalia Machines, equipment Base metals and goods made from these Products from chemical industry Plastics and rubber (goods) Means of transport Source: ITNRW, Statistics from manufacturing trade and foreign trade statistics V2014Q2 B

27 International character 40 consulates in Düsseldorf 33 foreign chambers of commerce and foreign trade organisations including: China (under development) France Great Britain Japan Canada Netherlands Czech Republic Turkey USA including: China France Great Britain India Japan Netherlands Russia Turkey Source: Office of Economic Development Düsseldorf V2014Q4. 8

28 International character Düsseldorf offers an attractive infrastructure for international companies and citizens International schools in Düsseldorf International School of Düsseldorf with 1,000 pupils from 50 countries International Japanese School Düsseldorf Lycée Français de Düsseldorf Several Chinese language schools with native speakers providing additional lessons Russian Education Centre Full Greek School System 4 German Grammar Schools have bilingual courses Several international kindergartens International clubs in Düsseldorf Business Club Düsseldorf China Enterprises Association CEA Düsseldorf China Club German & Czech Businessclub Industrie Club Düsseldorf Japanischer Club Düsseldorf Lions Club Marketing Club Rotary Club Deutsch-Russischer Wirtschaftsclub Source: Office of Economic Development Düsseldorf, Monitoring V2013Q3 9

29 International character Düsseldorf high appeal for trade fair visitors from abroad Average number of foreign trade fair visitors for the period , , , , , , , , , ,863 0 Frankfurt Düsseldorf Munich Cologne Hanover Nuremberg Berlin Source: AUMA V2014Q3. 10

30 International character People from all continents live in Düsseldorf Foreign inhabitants in Düsseldorf according to continent Altogether: 120,852 Asia (16.2%) Africa (7.6%) Europe (72.7%) America (2.9%) Australia and Oceania (0.2%) Other (0.4%) Source: Statististical Office Düsseldorf, Register of inhabitants V2014Q4 B2013Q4. 11

31 Employment location Düsseldorf - highly attractive employment location Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

32 Employment location Düsseldorf is one of the main German employment locations Employed persons in German cities ,800,000 1,754,100 1,500,000 1,200,000 1,167, ,000 1,008,900 of which 284,711 commuters (proportion = 56.7 %) 698, , , , , , , , , , , , ,800 0 Berlin Hamburg M unich Cologne Frankfurt Düsseldorf Stuttgart Hanover Nuremberg Bremen Essen Dresden Leipzig Dortmund Source: Working Party Official Employment Statistics V2014Q2 B2012. Cities from 500,000 inhabitants. 2

33 Employment location Size and structure of the Düsseldorf employment market Total number of employed persons: 502,100 Of which: Forms of employee (100.0%) 458,200 employees (91.3%) 43,900 (8.7%) 371,122 including: -42,662 foreigners (=11.5%) -230,217 commuters (=62.0%) 46,911 27,180 12,987 (10.2%) (2.8%) (6.0%) Source: Working Party Official Employment Statistics V2014Q2, German Federal Employment Agency, Federal Statistics Office, IT.NRW. All numbers refer to

34 Employment location Highest employment level in the history of Düsseldorf Level of employment liable to social security contributions and its annual growth Source: Federal Employment Agency, Employed persons liable to pay social security contributions in each year as at V2014Q1. 4

35 Employment location Very high job density in location Düsseldorf Employed persons per 1,000 inhabitants Sources: Working Party Official Employment Statistics V2014Q2 B2012Q4. Federal Statistics Office, Numbers of inhabitants V2013Q4 B2012Q4. 5

36 Employment location Employees with above-average qualifications work in Düsseldorf School-leaving qualifications of employees liable to pay social security contributions in Düsseldorf compared to Germany as a whole Germany Düsseldorf Source: Federal Employment Agency, Official Employment Statistics V2014Q1 B2013Q2. Information on professional qualifications only available for around 84 % of employed persons liable to pay social security contributions in Germany (status ). 6

37 Employment location Long-term success on Düsseldorf employment market Development of unemployment rate for city of Düsseldorf Unemployed persons June 2014: Source: Federal Employment Agency, Unemployment rates in the city of Düsseldorf related to civilians. Values in each year at end of December and June V2014Q2. 7

38 Employment location Düsseldorf the employment location of the future Forecast of numbers of jobs, issued by Feri Institute Here, a selection of German cities with over 500,000 inhabitants City Growth forecast in % Düsseldorf 8,5 % Berlin 8,2 % Hamburg 7,2 % Leipzig 7,2 % Frankfurt 6,8 % Stuttgart 6,7 % Cologne 6,7 % Nuremberg 6,6 % Dresden 6,6 % Dortmund 6,5 % Munich 5,9 % Hanover 5,8 % Bremen 5,8 % Essen 5,7 % Source: Feri Institute, CAPITAL 09/11 V2011Q3. Own presentation for result of the category Jobs. 8

39 Location costs Düsseldorf moderate location costs Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

40 Location costs Quality of life in Düsseldorf ranks top worldwide in costs/benefits 0 10 Zurich Geneva Bern Sydney Copenhagen Vienna Auckland Munich Frankfurt Düsseldorf High quality of life Melbourne Berlin Hamburg 20 Perth Stockholm (study rankings) 30 Singapore Canberra Adelaide Paris Stuttgart Oslo Brisbane London Source: Own comparison of Mercer Studies Quality of Living and Living costs V2012. The chart only shows those cities that were in the best 50 in both studies extended by the German cities in to the Top120 in the costs study. 40 Milan Tokyo New York City (Study rankings) Low living costs 2

41 Location costs Düsseldorf has a favourable trade tax collection rate compared to other cities Trade tax collection rates of German cities Berlin Stuttgart Düsseldorf Nuremberg Dresden Bremen Hanover Frankfurt Leipzig Cologne Essen Dortmund Munich Duisburg Source: City administrations of the cities in question and senate offices of the city states V2015Q1. Cities with more than 500,000 inhabitants are shown with the exception of Duisburg 3

42 Location costs Düsseldorf with favourable office market rents compared with other European cities Top rent for office space in /m²/month Berlin Hamburg Düsseldorf Amst erdam South Axis M unich Frankfurt M ilan Luxemburg CBD Zurich M oscow Cent ral London City Paris CBD Source: Cushman & Wakefield Marketbeat Office Snapshot V2014Q2 B2014Q1. 4

43 Location costs Very affordable commercial rents in Düsseldorf compared with other European cities Gross prime rental rates for logistics property in European cities in /m²/month Warsaw Hamburg Düsseldorf Berlin Frankfurt Munich Amsterdam Airport Helsinki Gothenburg Basel London Croydon Source: Cushman & Wakefield Marketbeat Industrial Snapshot, Prime Industrial Rents (Logistic Locations) V2014Q2 B2014Q1. Annual figures were divided by 12. Zurich Paris 5

44 Location costs Moderate medium level of personnel costs in Düsseldorf Employee remuneration per head, city comparison in 65,000 61,900 60,000 55,000 53,050 50,000 45,000 40,000 35,000 35,330 36,868 37,746 37,768 40,051 41,524 42,303 43,508 44,017 45,446 46,667 48,940 30,000 25,000 20,000 15,000 10,000 Hanover region Berlin Dortmund Bremen Essen Nuremberg Cologne Düsseldorf Hamburg Munich Stuttgart Frankfurt Ile de France * * Inner London Source: Working Group National Accounts of Federal States, Employee Remuneration per head V2014Q4 B2012. * The figures for Ile de France and Inner London are approximate values. They were calculated from the relationship between household income of Düsseldorf government district and that of these two regions (each of them NUTS2 regions) according to data in Eurostat of

45 Location costs Housing market comparatively low average rents Quoted rents compared with other cities in /m² Cologne Berlin Wiesbaden Düsseldorf Heidelberg Freiburg Hamburg Stuttgart Frankfurt M unich Paris* London* Source: empirica Rents and Purchase Price Ranking, IDN Immodaten GmbH. V2014Q2 B2014Q2. The average rent quoted is the average rental price of the property offered on the market. It is based on a new building, m², high-grade fittings.* The figures for Paris and London are estimates based on the rental price relationship between these cities and Munich from a study by ECA International from the year 2010, in which rental prices were only listed as an example. 7

46 Location costs Housing market - moderate purchase prices for owner-occupied flats in city comparison (I) Most frequent price for used owner-occupied flats in city comparison in /m² living space 4,000 3,900 3,000 2,000 1,950 2,000 2,035 2,075 2,300 2,500 1,420 1,000 0 Essen Nuremberg Düsseldorf Cologne Berlin Frankfurt Stuttgart Munich Source: LBS V2014Q3 B2014Q2. Most frequent price for total property in average to good residential area, approx. 80 m² living space, 3 rooms, without garage/parking space. 8

47 Location costs Housing market - moderate owner-occupier house prices compared with other cities Most frequent total property price for used owner-occupier terraced houses in city comparison in , , , , , , , , Berlin Essen Cologne Düsseldorf Nuremberg Frankfurt Stuttgart Munich Source: LBS V2014Q3 B2014Q2. Most frequent total property price in average to good residential area, approx. 100 m² living space, without garage, plot typical for location. 9

48 Location costs Düsseldorf Attractive for tourism and business travel thanks to moderate hotel prices Average hotel room prices per overnight stay in M unich Hamburg Düsseldo rf Hanover A msterdam P aris Copenhagen Lo ndo n M o scow Sto ckho lm Source: Hotel price barometer of Hotel.de AG V2014Q2 B2014Q1. 10

49 Company strength Düsseldorf - strong corporate location Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

50 Company strength Powerful company presence in Düsseldorf Company register Number of companies according to Number in Düsseldorf 40,045 company register Companies liable to VAT 32,658 Company sites with employees liable to social security contributions 20,879 Companies entered in company register Section A (partnerships, sole traders) 6,318 Section B (limited companies) 22,895 including GmbHs 22,006 Global concerns in Düsseldorf (examples) E.ON AG - Energy Metro AG - Trade Henkel AG & Co. KGaA - Chemicals Vodafone D2 GmbH - Telecommunications C & A Mode KG - Fashion Rheinmetall AG - Machines, systems E-Plus Mobilfunk GmbH & Co. KG - Telecomm. Terex MHPS GmbH Crane systems Daimler AG, Werk Düsseldorf Vehicle production Source: IHK Düsseldorf, Company register V2014Q2. Federal Statistics Office, Company Register V2014Q3 B2012. ITNRW, VAT statistics V2014Q3. Düsseldorf District Court B2012Q4. Federal Employment Agency, Employment Statistics V2014Q1 B2013Q2. Office of Economic Development Düsseldorf, Monitoring V2014Q3. 2

51 Company strength Corporate groups with highest turnover in Düsseldorf Companies in Düsseldorf Turnover in millions of euros Top 500 Rank E.on SE 122,825 2 Metro AG 61,761 8 Henkel AG & Co. KGaA 16, Vodafone GmbH 9, Droege International Group AG 7, Rheinmetall AG 4, Gea Group AG 4, Salzgitter Mannesmann Handel-Gruppe 3, SMS Group 3, E-Plus Mobilfunk GmbH & Co. KG 3, Sonepar Deutschland GmbH 2, C & A Mode & Co. KG 2, Electronic Partner GmbH 1, Stadtwerke Düsseldorf AG 1, Air Liquide Industriegase GmbH & Co. KG 1, Adecco Germany Holding GmbH 1, Peek & Cloppenburg KG 1, Gerresheimer AG 1, L' Oréal Deutschland GmbH 1, Terex MHPS GmbH 1, Mitsui & Co. Deutschland GmbH 1, Source: Die Welt, Top 500 Companies in Germany V2014Q3 B2013. The Metro Cash&Carry listed in Die Welt is not listed here as its turnover is included in that of Metro AG. Terex MHPS GmbH is still listed as Demag Cranes AG in Die Welt. 3

52 Company strength Düsseldorf ranks amongst the highest of German corporate cities Annual turnover * of Top 100 companies in Germany in city comparison in millions of. Hamburg (12) Düsseldorf (5) 218, ,578 Munich (5) 195,317 Essen (6) 159,384 Stuttgart (3) 139,194 Cologne (3) Berlin (5) 97,192 91,858 Hanover (2) 51,809 Dortmund (2) 23,675 Leipzig (1) 10, , , , , ,000 Source: Die Welt, Top 500 companies in Germany V2014Q3 B2013. Only the top 100 rankings were taken into account for this evaluation. Values in brackets = number of companies in Top-100 rankings. * = If there were parent companies and subsidiaries in the cities compared, both turnovers were set off against each other. 4

53 Company strength Very high company density in Düsseldorf Active companies per 10,000 inhabitants in city comparison Munich Düsseldorf Frankfurt Hamburg Cologne Stuttgart Nuremberg Berlin Leipzig Dresden Bremen Hanover Region Source: Federal Statistics Office V2013Q4, Company register of regional database B2011. Numbers of inhabitants according to B2011. Essen Dortmund 5

54 Company strength Number of companies in Düsseldorf increasing in the long term Development in number of companies liable to VAT in Düsseldorf ,000 Companies liable to VAT in Düsseldorf 33,000 31,462 32,213 32,488 32,811 32,027 32,215 32,505 32,658 31,000 30,626 30,749 30,572 30,501 29,895 29,000 27,000 25, Source: ITNRW V2014Q1. The graph shows companies liable to VAT from VAT statistics. All companies with head office in Düsseldorf are taken into account that have a taxable turnover from accounts receivable of more than 17,500 euros in the year of survey. 6

55 Company strength High level of employment in Düsseldorf s major companies Employees liable to social security contributions according to size of company 100.0% 80.0% Germany Düsseldorf 13.4% 22.2% 8.1% 10.4% 11.2% Comapny size 1000 and more Company size % 27.6% 12.8% Company size % 23.9% Company size % Company size % 17.5% 16.8% 12.4% Company size % Source: Federal Employment Agency V2014Q1 B2013Q2. 7

56 Company strength The SME location Düsseldorf (small and medium-sized companies) SME feature in accordance with demarcation recommendation of EU Commission Number / Amount in Düsseldorf Share in Düsseldorf Companies liable to tax with up to 50 million taxable annual turnover 32, % Taxable turnover of companies liable to tax up to 50 million taxable annual turnover 28.4 billion euros 16.6 % Companies with employees liable to social security contributions with up to 250 employees 20, % Employees liable to social security contributions in companies with up to 250 employees 201, % Source: IT.NRW, VAT statistics V2014Q3 B2012. The VAT statistics are recorded at place of company head office. Federal Employment Agency V2014Q1 B2013Q2. 8

57 Company strength Düsseldorf the medium-sized company city in Germany Number of companies with up to 250 employees liable to social security contributions per 10,000 inhabitants Source: Federal Employment Agency, Employees liable for social security contributions according to size of company V2014Q1 B2013. Federal Statistics Office, Population update based on census 2011 V2014Q4 B2012Q4. 9

58 Company strength Top start-ups in metropolis of Düsseldorf Annual new entries to commercial register per 100,000 inhabitants Düsseldorf Frankfurt Munich Hamburg Berlin Cologne Stuttgart Bremen Hanover Leipzig Nuremberg Essen Dresden Dortmund Source: GBI-Genios/Bundesanzeiger, New entries in Commercial Register V2014Q1 B2013. Federal Statistics Office, Numbers of inhabitants V2013Q4 B2012Q4. 10

59 Company strength Company start-ups make up on average 88 % of Düsseldorf s new business registrations Business registrations in Düsseldorf according to registration categories ,000 9,000 8,575 8,386 7,626 7,655 8,078 8,059 8,473 8,464 7,880 8,018 Company conversions Business takeovers 8,000 7,000 6,000 6, (2,8 %) 698 (8,7 %) Company influx Start-ups Total company registrations 5,000 4,000 3,000 6,068 7,565 7,301 6,689 6,689 6,926 6,948 7,360 7,439 6,890 7,073(88,2 %) 2,000 1, Source: ITNRW, Statistics of Business Notifications V2014Q2. 11

60 Industry structure Düsseldorf - industry structure structural change Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

61 Industry structure Düsseldorf wide variety of strong industries and clusters Advertising Consultancy Telecommunications Foreign trade Law firms Düsseldorf Banks Media Architecture Life Science Fashion 2

62 Industry structure Düsseldorf s highly productive industry mix WZ08 Code Industries Gross value added 2012 in billon Industry shares in % Employees 2012 Industry shares in % A Agriculture and Forestry, Fishing % % B,D,E Energy, Water Supply, Waste Management, Extraction of stone and earth 1, % 5, % C Manufacturing Industry 3, % 39, % F Construction Industry % 13, % B-F Production Industry 5, % 58, % G-J Trade, Transportation and Storage, Hospitality, Information and Communication 9, % 150, % K-N Finance, Insurance and Company Services; Real Estate, Renting and business activities 15, % 154, % O-T Public and other service providers, Education and Health, Private Households with domestic staff 7, % 137, % G-T Service areas 31, % 442, % A-T Düsseldorf In total 37, % 502, % Source: Working Group National Accounts, Gross Value Added V2014Q3 B2012. Working Group Employee Accounts, Employees V2014Q2 B2012. In each case according to economic fields of WZ08. 3

63 Industry structure Industry structure Düsseldorf above-average presence of advisory, financial, ITC and service companies WZ08 SVB * in Industry share Industry share Difference to Industries Code Düsseldorf in Düsseldorf in Germany Germany share A, B Agriculture and Forestry, Fishing; Mining, Extraction of Stones and Earth % 1.1% -0.9% C Manufacturing Industry 36, % 22.,3% -12.6% D, E Energy & Water Supply; Waste Water and Waste Disposal and Disposal of Pollution 5, % 1.6% -0.1% F Construction Industry 9, % 5.7% -3.2% G Trade; Maintenance and Repair of Vehicles 50, % 14.2% -0.6% H Transportation and Storage 19, % 5,.% 0.0% I Hospitality 14, % 3.1% 0.8% J Information and Communication 23, % 3.1% 3.2% x K Provision of Financial and Insurance services 32, % 3.4% 5.2% x L Real Estate, Renting and Business Activities 4, % 0.8% 0.5% M Provision of Freelance, Scientific and Technical services 54, % 6.3% 8.2% x N Provision of other business services 35, % 6.8% 2.6% x O, U Public administration, Defence; Social Security; extra-territorial organisations and bodies 26, % 5.8% 1.3% P Education and Teaching 8, % 3.8% -1.7% Q Health and Social Services 35, % 12.9% -3.3% R Art, Entertainment and Recreation 3, % 0.9% 0.0% S Provision of other services 12, % 2.7% 0.8% T Private households % 0.1% 0.1% No information given or no allocation possible 4 0.0% 0.0% 0.0% A-T In total 373, % 100.0% 0.0% Industries in Düsseldorf with aboveaverage presence Source: Federal Employment Agency V2014Q1 B2013Q2. * SVB = Employees liable to Social Security. x = industries in Düsseldorf with above average representation. 4

64 Industry structure Sectoral structural change is far advanced in Düsseldorf Long-term development of people in Düsseldorf according to economic sectors Total employment 502,100 = % ,927 = % Service sector 442,600 = 88.1 % ,286 = 52.2 % ,641 = 47.8 % Manufacturing sector ,600 = 11.9 % Source: Workplace censuses 1961 to Data from 1991 from official federal and state employment statistics. Sector figures from allocation of V2011. The Manufacturing Sector contains Manufacturing Industry, Construction Industry, Energy Sector and Agriculture. 5

65 Industry structure Very high proportion of service sector employment in Düsseldorf as sign of advanced structural change Employees in service sector as proportion of total employees 2012 in % and their absolute value 581, ,600 1,534,200 1,016, , , , , , , , , , ,900 Source: Working party Employee Accounts, Employees in Service Sector V2014Q2 B

66 Retail and Trade Retail and Trade Fair Location Düsseldorf Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

67 Retail and Trade Top trading location Düsseldorf Trade in Düsseldorf 7,087 trading companies (Commercial Register), including: 3,779 retailers 2,601 wholesalers 707 automotive traders 72,900 employed persons Around 4.1 billion retailing turnover annually 970,248 m² retail sales area Top trade fair Euroshop Exclusive shopping street KÖ (Königsallee) Top fashion location (e.g. event location for Fashion s night out ) Award as Fairtrade Town Source: Office of Economic Development Düsseldorf V2012Q2 2

68 Retail and Trade Düsseldorfer Kö most frequently visited luxury shopping street in Germany Pedestrian frequency on a Saturday afternoon ( , 1 2 p.m.) Source: Jones Lang LaSalle, press release dated on pedestrian frequency count in German main shopping streets. V2013Q3. 3

69 Retail and Trade Shopping paradise Düsseldorf with high sales for retailers Strength of retail sales in German cities, (sales index per inhabitant, Germany = 100) Sources: GfK Nürnberg, Retail Sales Indicator V2014Q1. 4

70 Retail and Trade In Düsseldorf, trade plays a key role in the employment market Proportion of employees liable to social security contributions in trade in city comparison in % Source: Federal Employment Agency, Employee statistics V2014Q1 B2013Q2. WZ08-Nr:

71 Retail and Trade Around a third of taxable turnover in Düsseldorf comes from trade Concerns liable to tax Taxable turnover* Sector WZ08 code Number Share of Düsseldorf economy in % In billions Share in Düsseldorf economy in % Automotive trade & repair ,9 % 1,7 Mrd. 1,0 % Wholesale ,0 % 26,2 Mrd. 15,3 % Retail ,7 % 26,8 Mrd. 15,6 % Trade on the whole ,6 % 54,8 billion 32,0 % Source: ITNRW, turnover statistics V2014Q2 B2012Q4. WZ08-Nr: * = The taxable turnover is calculated according to head office and includes branches in other towns. 6

72 Retail and Trade Important retail and sales location Düsseldorf Retail and sales in Düsseldorf (examples of companies in alphabetical order) Air Liquide, technical gases C & A, fashion Metro, wholesalers and retailers Mitsui, universal trade Mitsubishi, universal trade Oracle, software Peek & Cloppenburg, fashion Salzgitter Mannesmann Handel, steel Schmolz & Bickenbach, steel Source: Office of Economic Development Düsseldorf V2012Q2. 7

73 Retail and Trade Düsseldorf s trade fairs are a meeting point for world business Trade fair location Düsseldorf at a glance No. 1 in capital goods sector 50 international trade fairs in Düsseldorf 24 of which are leading world fairs Capacity in 19 exhibition halls: 306,000 m² Best annual turnover: about 500 m. Up to 33,000 exhibitors per year Up to 2 m. visitors per year Share of foreign exhibitors: up to 60 % 68 foreign representative offices for 130 countries 8 international subsidiaries and affiliates Around 120 events abroad per year Sources: Messe Düsseldorf V2013Q2. 8

74 Industry Düsseldorf - Top Quality Industrial Location Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

75 Industry Key data on Düsseldorf as an industrial location Manufacturing industry Reference year Number Share of total Düsseldorf in % Industrial companies (Register of Companies) , % Industrial companies liable to pay tax , % Gross value added ,331 m. 9.0 % Gross value added per person employed ,005 Number employed , % Turnover of companies with more than 20 employees bn. n.a. * Export share % Source: Statistical Office Düsseldorf, Register of Companies V2013Q3 B2011. Working Party VGR, Gross Value Added & Employees V2014Q3. ITNRW, Statistics of Manufacturing Industry V2014Q2 B2013. * = The total turnover achieved for the location is not recorded. 2

76 Industry Düsseldorf is one of the 3 most important industrial cities in North Rhine-Westphalia Gross value added in manufacturing industry in billions of Source: Working party National Accounts, Gross value added according to economic sectors, here manufacturing industry V2014Q3 B

77 Industry The Düsseldorf region is one of the largest urban industrial clusters in Germany Number of employed in manufacturing industry in regional comparison Hamburg Hanover, Region Berlin Düsseldorf / Mettmann / Neuss Frankfurt / Main-Taunus / Hochtaunus Stuttgart / Böblingen Munich City / rural district Source: Working party Official Employment Statistics, Employed according to economic sectors V2014Q2 B

78 Industry Düsseldorf industry with persistently high export quota Development of domestic and foreign turnover of Düsseldorf industry in billions of Source: ITNRW, Statistics Mining and Manufacturing Industry, companies from 20 employees V2014Q2. * From 2009 reference to classification WZ08. Due to tramsfer of some sectors out of manufacturing industry, industry turnover figures from 2009 are not comparable with those of previous years. * 5

79 Industry Industry employees according to sector WZ08 codes Industy sector Employees liable to pay social security contributions Vehicle construction approx * 20 Manufacture of chemical products Energy/water supply/waste management Metal production and processing Mechanical engineering Manuf. of electronic products and systems Food manufacture Manufacture of wood/paper/printing Other goods/ system repairs Manufacture of metal goods Plastics, glass, ceramic goods Manufacture of textiles, clothing Mineral oil processing * 21 Manufacture of pharmaceutical products * Source: Federal Employment Agency V2014Q1 B2013Q2. This table shows groups of the economic sectors of manufacturing industry and energy according to WZ08. * Estimated value or no figures given due for data protection reasons. 6

80 Industry Chemical industry location Düsseldorf top research in Deutschland Patent registrations according to residence of inventor per 100,000 inhabitants in the IPC groups Dyes, Mineral Oil Industry, Oils, Fats and Organic Chemistry 2009 Feb IPC Group Dyes, Mineral Oil Industry, Oils, Fats IPC Group Organic Chemistry Source: German Patent and Trademark Office DPMA, Online register of patent registrations V2015Q1. The figures do not necessarily reflect the total of patent registrations as one patent can be registered by several inventors. 7

81 Industry Examples of top manufacturing companies Made in Düsseldorf Companies (examples) A.u.K. Müller BASF Daimler Eifeler Werkzeuge Ericsson Henkel Hille u. Müller (Tata Steel) Komatsu Mining SCHMOLZ + BICKENBACH Teekanne Terex Vallourec Vodafone Products Electromagnetic valves Chemical raw materials Sprinter plant High-tech coatings Mobile communications, network equipment Detergents, adhesives, construction chemistry Cold-rolled steel bands Construction machines Steel production, processing Tea production, sales Crane systems High-tech tubing Mobile communications, network equipment Source: Office of Economic Development Düsseldorf, Monitoring V2014Q3. 8

82 Skilled Crafts Skilled Crafts in Düsseldorf - supporting pillar of local economy Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

83 Skilled Crafts Growing number of Düsseldorf companies in skilled crafts sector Development in number of Düsseldorf skilled crafts companies according to annex categories Source: Düsseldorf Chamber of Crafts, Company statistics on register of craftsmen V2014Q1 figures as at

84 Skilled Crafts Skilled crafts in Düsseldorf key pillar of local economy and job market Turnover and employment in Düsseldorf skilled crafts sector (annexes A, B1, B2) Source: Düsseldorf Chamber of Crafts, Update of Crafts Census 2011 on basis of quarterly crafts reporting of ITNRW V2014Q3 including additional estimate of annex B2. 3

85 Skilled Crafts Structure of Düsseldorf Skilled Crafts Sector Crafts sectors according to annex Skilled crafts subject to authorisation / officially recognized trade (annex A) Concerns Companies Employees* Turnover in m* According to Register of According to Crafts Census 2011 Craftsmen 3,264 2,798 24,704 2,510.7 m. Skilled crafts exempt from registration (annex B1) 3,138 1,142 26, m. Craft-like trade (annex B2) 1,457 Not recorded 2,579** ** 95.4 m. Skilled crafts altogether 7,859 3,940 53,307 3,362.5 m. Source: ITNRW, crafts census 2011 V2014Q3. Düsseldorf Chamber of Crafts, statistics on number of concerns (Register of Craftsmen) V2014Q1. All figures are year-end. * = chronological update by Düsseldorf Chamber of Crafts. ** = additional estimate by Düsseldorf Chamber of Crafts. 4

86 Skilled Crafts Construction industry is the largest group in crafts sector subject to authorisation in Düsseldorf Distribution of crafts concerns to industry/annex groups and to industry sectors of Düsseldorf recognized crafts (Annex B2) Sectors of recognized crafts (Annex A = Recognized craft) (Annex B1) Source: Düsseldorf Chamber of Crafts, Statistics of numbers of concerns from Register of Craftsmen V2014Q1 B2013Q4. 5

87 Education/Research Education and Research Region Düsseldorf Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

88 Education/Research Excellent research presence in Greater Düsseldorf Area Education/research in Greater Düsseldorf Area 35 public and 37 private universities Over 700,000 students in winter semester 2014/15 12 Max Planck Institutes 9 International Max Planck Research Schools 13 Fraunhofer Institutes 3 Research Centres of the Helmholtz-Gemeinschaft 11 Institutes of the Leibniz-Gemeinschaft 13 Johannes-Rau Research Institutes DFG German Research Foundation VDI Association of German Engineers DIWA Science and Technology Transfer North Rhine-Westphalia Academy for Sciences and Arts Ministry of Innovation, Science and Research of the State of North Rhine-Westphalia Source: Ministry of Innovation, Science and Research of State of North Rhine-Westphalia V2015Q1. Düsseldorf Gelsenkirchen Bochum Essen Duisburg Wuppertal Köln Aachen Bonn Hagen Dortmund 2

89 Education/Research Düsseldorf Competency in academic education Educational institutions in Düsseldorf (examples in alphabetical order) Akademie Mode & Design GmbH Düsseldorfer Akademie für Marketing-Kommunikation EBC Hochschule Düsseldorf EMBA Europ. Medien- u. Business Akad. Düsseldorf Fachhochschule Düsseldorf Fliedner Fachhochschule Düsseldorf FOM Fachhochschule f. Ökonomie & Management Heinrich-Heine-Universität Educational institutions in Düsseldorf (examples in alphabetical order) Hochschule Fresenius IST Hochschule für Management GmbH Kunstakademie Düsseldorf MD.H Mediadesign Hochschule Robert-Schumann-Hochschule für Musik Verwaltungs- und Wirtschaftsakademie Düsseldorf WHU Otto v. Beisheim School of Management Source: Statistics Office and Monitoring Office of Economic Development Düsseldorf V2015Q1. 3

90 Education/Research Düsseldorf Top technology location Top technology start-ups in manufacturing industry per 100,000 persons able to work in period in city comparison Sources: Mannheim Enterprise Panel, Centre for European Economic Research (ZEW), Start-up intensity in category top technology in manufacturing industry V2014Q3. 4

91 Education/Research Düsseldorf is one of the most innovative cities in Germany Patent registrations according to residence of inventor per 10,000 inhabitants 2009 Feb Source: German Patent and Trademark Office DPMA, Online Register V2015Q1. The figures do not necessarily reflect the number of patent registrations as one patent can also be registered by several inventors. 5

92 Education/Research Innovative and successful patent city Düsseldorf No. 1 among cities in IPC groups: Biotechnology Dyes, mineral oil industry, oils, fats Medical, dental and cosmetic preparations Textiles or flexible materials No. 2 among cities in IPC groups: Organic chemistry No. 4 among cities in IPC Group: Hoisting, lifting, saddlery Source: German Patent and Trademark Office DPMA, Online Register V2015Q1. The analysis of this presentation refers to patent registrations based on inventor s place of residence per 100,000 inhabitants for German cities from 500,000 inhabitants. 6

93 ITC Düsseldorf Top Location for Information and Telecommunications Technology Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

94 ITC Düsseldorf - a key ITC location ITC location Düsseldorf Around 1,900 ITC companies with over 30,000 employees. Düsseldorf is the Mobile Capital of Germany. Over 30 network operators Dynamic ITC market: 30 % of ITC companies have been founded since 2002 Over 50 % of mobile phone sales in Germany are controlled from the Rhineland. Over 50 % of all German mobile communications SIM cards come from North Rhine-Westphalia. 2

95 ITC Düsseldorf is the head office for important ITC institutions in Germany ITC institutions in Düsseldorf Mobile Monday e.v. Digitale Stadt Düsseldorf e.v. Bundesverband Digitale Wirtschaft VAF Bundesverband Telekommunikation e.v. Gemeinschaft Fernmeldetechnik e.g. DVTM Deutscher Verband für Telekommunikation und Medien e. V. Deutscher Internet Verband e.v 3

96 ITC Düsseldorf presents all value-added phases of the mobile communications sector 01 Networks, MVNEs a) 02 Infrastructure, appliances 03 Managed Services, Outsourcing 04 Service Providers, MVNOs b), Branded Resellers 05 End devices 06 Content Providers 07 Value Added Services, Mobile Apps & Solutions 08 Mobile Marketing/ Advertising/ Media 09 Retail market, service, M-commerce 10 Advice a) MVNE = Mobile Virtual Network Enabler, b) MVNO = Mobile Virtual Network Operator 4

97 ITC Top-level research in the ITC region Düsseldorf ITC- research institutions in the region Heinrich Heine University Düsseldorf: Data centre, Centre for IT and Media, Institute for Information Technology University of Applied Sciences Düsseldorf: Institute for Media, Communication and Information Technology Fraunhofer Institute for micro-electronic circuits and systems Fraunhofer Institute for software and systems technology Fraunhofer Institute for laser technology Institute for mobile and satellite communications (IMST) Cluster of Excellence Ultra High-Speed Mobile Information and Communication (UMIC) Research Centre 5

98 ITC Düsseldorf telecommunications location no. 1 in Germany Employees liable to social security contributions working in the telecommunications sector 2013 Source: Federal Employment Agency, Employees liable to social security contributions V2014Q1 B2013Q2. WZ08-Nr: 61. 6

99 ITC Above average employee growth in Düsseldorf ITC cluster Development of Düsseldorf ITC employees compared to Germany ( 118 = increase in 18 % since 2008 ) Source: Federal Employment Agency, Employees liable to social security contributions V2014Q1 B2013Q2. ITC cluster = Compiled from 4 and 5 figure numbers of WZ08. 7

100 Life Sciences Düsseldorf the region with expertise in life sciences Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

101 Life Sciences Competence cluster Region BioRiver Life science networks in Düsseldorf region LifeScienceNet Düsseldorf (Düsseldorf region): BioRiver (Cluster of Rhineland region): Bio.NRW (North Rhine-Westphalia region): MedTech.NRW (North Rhine-Westphalia region): Münster Duisburg Essen Dortmund Krefeld Bochum Jülich Köln Aachen Bonn Region BioRiver Bielefeld Souce: Office of Economic Development V2013Q3 2

102 Life Sciences Life Sciences in Düsseldorf Life Science location Düsseldorf Heinrich Heine University with strong focus on life science research More than 10,000 students registered in life-science related subjects Over 60 % of the turnover of quoted biotechnology companies in Germany is achieved by Heinrich Heine University spin-off companies. 98 highly innovative life-science companies in the region 5,000 employees at biotechnology companies in Region BioRiver 20,000 employees at pharmaceutical companies in Region BioRiver Life Science Center with 21,000 m² of laboratory and office space for start-ups and established companies Source: Office of Economic Development Düsseldorf V2013Q3 3

103 Life Sciences Innovative Life Science Research in Düsseldorf Heinrich Heine University University Clinic BMFZ - biological-medical research centre 5 collaborative research centres SFB/Transregios in the field of life sciences 8 research groups in the field of life sciences 17 graduate colleges and research schools in the field of life sciences CELAPS Cluster of Excellence for Plant Sciences Bioeconomy Science Center Center for advanced Imaging Protein Production Facility Crystal and X-ray Facility Next Generation Sequencing Facility Coordination centre for clinical studies DDZ German Diabetic Centre IUF Leibniz Institute for environmental-medical research Source: Office of Economic Development Düsseldorf V2013Q3 4

104 Life Sciences Düsseldorf Hot spot for inventions in the field of biotechnology Patent registrations according to residence of inventor (of inventors) per 100,000 inhabitants in period 2009 Feb Source: German Patent and Trademark Office, Register of patent registrations V2015Q1. Comment: As a patent can be registered by several people, the figures shown do not always reflect the number of patents. In each case, the residence of the person registering the patent was taken into account in the cities included in the study (from 500,000 inhabitants). 5

105 Advertising Advertising location Düsseldorf - spearheading the industry in Germany Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

106 Advertising Düsseldorf - successful advertising location Advertising location Düsseldorf Reference year Number Share of Düsseldorf economy in % Advertising firms (Ureg) (WZ08-Nr. 731) % Advertising firms liable to tax incl. market research (WZ08-Nr. 73) % Advertising companies liable to tax per 10,000 inhabitants (WZ08-Nr. 73) Turnover of advertising companies liable to tax incl. market research (WZ08-Nr. 73) billion 3.1 % Employees liable to social security contributions in advertising (WZ08-Nr. 731) , % Employees liable to social security contributions per 10,000 inhabitants (WZ08-Nr. 731) Promotional products trade fair PSI exhibitors Source: ITNRW, Company register V2014Q4 B2012Q4, VAT statistics V2014Q3 B2012Q4. Federal employment agency, Employees liable to social security contributions V2014Q1 B2013Q2. Messe Düsseldorf. 2

107 Advertising Düsseldorf advertising sector top of German city rankings on turnover figures Turnover of advertising companies liable to tax (incl. market research) in selected German cities in billions of. Düsseldorf 5.34 Hamburg Munich Frankfurt 2.28 Cologne 2.00 Berlin 1.32 Stuttgart 0.74 Essen Dortmund Hanover Bremen Dresden Leipzig Source: ITNRW, VAT statistics V2014Q3 B2012Q4. WZ08-Nr: 73. Due to numerous data protection cases for advertising sector alone (WZ08-Nr. 731), the higher level sector incl. market research (WZ08-Nr. 73) is portrayed here. Market research only plays a marginal role from the turnover point of view in most cities. 3

108 Advertising Düsseldorf is one of the most employment-intensive advertising cities in Germany Number of employees liable to pay social security contributions in the advertising sector in selected German cities Hamburg 11,603 Munich Berlin 8,470 8,259 Düsseldorf 6,692 Frankfurt Cologne 5,156 5,599 Stuttgart 3,007 Hanover region 2,002 Essen Bremen Nuremberg 1,236 1,201 1,168 Leipzig Dresden Dortmund ,000 6,000 9,000 12,000 Source: Federal Employment Agency, Employees liable to social security contributions V2014Q1 B2013Q2. WZ08-Nr:

109 Advertising Düsseldorf has the highest density of jobs in advertising in Germany Employees liable to social security contributions in advertising per 10,000 inhabitants Düsseldorf Frankfurt 79.7 Hamburg 63.9 Munich 60.4 Cologne Stuttgart Berlin Nuremberg Bremen Essen Hanover region Leipzig Dresden Dortmund Source: Federal Employment Agency, Employees liable to social security contributions V2014Q1 B2013Q2. WZ08-Nr: 731. Federal Statistics Office, Population level V2013Q4 B2012Q4. 5

110 Advertising Advertising location Düsseldorf the Who s Who of the industry, effective training and powerful institutions Advertising and media agencies in Düsseldorf (examples in alphabetical order) BBDO Grey McCann Düsseldorf MEC MediaCom Ogilvy & Mather Düsseldorf OMD Saatchi & Saatchi Düsseldorf Scholz & Friends Düsseldorf Advertising and Marketing in Düsseldorf (in alphabetical order) Art Directors Club Düsseldorf DAMK Düsseldorfer Akademie für Marketing-Kommunikation Deutscher Marketing Verband e.v. Düsseldorfer Marken Award EMBA - Europäische Medien- und Businessakademie IN.D Institute of Design KreativKader Düsseldorf Mediadesign Hochschule für Design und Information PSI Messe für Werbeartikel Source: Office of Economic Development Düsseldorf Monitoring V2014Q3. 6

111 Legal advice Düsseldorf strong location for legal advice Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

112 Legal advice Legal advice in Düsseldorf Legal advice in Düsseldorf Reference year Number Law firms (firms liable to tax) Employees liable to social security contributions Members in Düsseldorf RAK (regional bar association) Lawyers in city area of Düsseldorf Specialist lawyers industrial property rights (patent law) Most important location for European patent disputes Source: ITNRW, VAT statistics V2013Q2 B2011. Federal Employment Agency, Employee statistics V2013Q1 B2012Q2. WZ08-Nr: 691. BRAK, Annual report of RAK Düsseldorf 2012 V2013Q1. 2

113 Legal advice High density of legal firms in Düsseldorf Legal firms liable to tax absolute and per 10,000 inhabitants Source: State Statistical Offices, VAT statistics V2014Q1B2012Q4. WZ08-Nr: 691. Federal Statistics Office, Inhabitants B2012Q4. 3

114 Legal advice Strong presence of top legal firms in Düsseldorf Legal firms in Düsseldorf (examples in alphabetical order) Allen & Overy Baker & McKenzie Beiten Burkhardt Bird & Bird Clifford Chance CMS Hasche Sigle Freshfields Bruckhaus Deringer Gleiss Lutz Graf von Westphalen GSK Stockmann + Kollegen Hengeler Mueller Source: Juve Handbuch Wirtschaftskanzleien V2012/2013. Legal firms in Düsseldorf (examples in alphabetical order) Heuking Kühn Lüer Wojtek Hogan Lovells Jones Day Latham & Watkins Linklaters Luther Mayer Brown McDermott Will & Emery Noerr Orrick Hölters & Elsing Taylor Wessing White & Case 4

115 Legal advice Increasing importance of Düsseldorf as legal advice location in Germany Development of employees working in legal advice in Düsseldorf and their share of total German legal advice Source: Federal Employment Agency, SVB V2014Q1 B2013. WZ08 number: 691 (from 2008) WZ03 number: 7411 (until 2007). The composition of the sector remained unchanged however. 5

116 Consultancy Düsseldorf the management consultancy location Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

117 Consultancy Successful consultancy location Düsseldorf Management consultancy in Düsseldorf Reference year Number Share of Düsseldorf economy in % Consultancy firms (Company register) , % Consultancy firms liable to tax , % Consultancy firms liable to tax per 10,000 inhabitants Taxable turnover of consultancy firms billion 1.03 % Employees liable to social security in management consultancy , % Employees liable to social security per 10,000 inhabitants Source: ITNRW, Company register Düsseldorf V2014Q3 B2012Q4. ITNRW, VAT statistics V2014Q3 B2012. Federal Employment Agency, Employment statistics V2014Q1 B2013Q2. WZ08-Nr: 702. Federal Statistics Office, Number of inhabitants B2012Q4. 2

118 Consultancy Düsseldorf is one of the 3 top consultancy locations in Germany based on turnover Taxable turnover of consultant sector in selected German cities in billion. Source: State statistics, VAT statistics V2014Q3 B2012. WZ08-Nr:

119 Consultancy Long-term economic success of consultancy location Düsseldorf Development of turnover of consultancy sector in Düsseldorf in billions of and its share of total German turnover in % Source: ITNRW, VAT statistics V2014Q2 B2012. WZ08-Nr (from 2009): 702, WZ03-numbers (until 2008): * = due to change to WZ08 sector classification, it is now no longer possible to compare the sector with previous years. * 4

120 Consultancy Düsseldorf Location of top consultancy firms in Germany Turnover among top 25 consultancy firms in Germany in billions of euros Source: Lünendonk GmbH, Lünendonk-Liste V2013Q2 B2012. In the case of a split head office, the turnover was distributed among the cities accordingly. 5

121 Consultancy Düsseldorf location of international Who s Who in management consultancy Management consultants in Düsseldorf (examples in alphabetical order) Accenture GmbH A.T. Kearney GmbH Bain & Company Germany Inc. BearingPoint GmbH Booz & Company GmbH Deloitte Consulting GmbH Ernst & Young GmbH FischerAppelt Grayling Horváth AG (Horváth & Partners Gruppe) IBM Global Business Services Ketchum Pleon Management consultants in Düsseldorf (examples in alphabetical order) Kienbaum Management Consultants GmbH Kommpassion KPMG AG WPG Lewis PR Management Engineers GmbH & Co. KG McKinsey & Company Inc. Mercer Deutschland GmbH The Boston Consulting Group GmbH Oliver Wyman Group PricewaterhouseCoopers AG WPG Roland Berger Strategy Consultants GmbH Steria Mummert Consulting AG Source: Lünendonk GmbH, Lünendonk-Liste V2013Q2 B2012. Consultancy firms with branch in Düsseldorf. 6

122 Auditing / Tax Consultancy Düsseldorf - important location for auditing / tax consultancy Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

123 Auditing / Tax Consultancy Düsseldorf - important auditing and tax consultancy location Auditing and tax consultancy location Düsseldorf at a glance Office of NRW Chamber of Public Accountants Office of Düsseldorf Chamber of Tax Consultants Office of Institute of Auditors in Germany Office of Tax Consultancy Association Düsseldorf 885 auditing companies/tax consultancies (company register) 9,350 employees liable to social security contributions working in auditing/tax consultancy 128 trainees as tax clerks Source: Office of Economic Development Düsseldorf, Monitoring V2013Q4. Statistics office Düsseldorf, Company register V2013Q4. Federal Employment Agency V2014Q1 B2013Q2. WZ08-Nr:

124 Auditing / Tax Consultancy Highest sector share of employees in auditing/tax consultancy in city comparison Cities Employees liable to social security contributions working in auditing/tax consultancy 2013 Local share in % Düsseldorf 9, % Stuttgart 6, % Frankfurt 8, % Munich 11, % Hamburg 11, % Hanover, Region 5, % Berlin 13, % Essen 2, % Cologne 5, % Dresden 2, % Leipzig 2, % Nuremberg 2, % Dortmund 2, % NRW 59, % Bremen 2, % Germany 269, % Source: Federal Employment Agency: Employees liable to social security contributions V2014Q1 B2013Q2. WZ08-Nr:

125 Auditing / Tax Consultancy Düsseldorf with highest density of employees in auditing/tax consultancy in city comparison Employees liable to social security contributions and firms liable to tax in auditing /tax consultancy per 1,000 inhabitants Düsseldorf Employees in sector per 1, inhabitants 2013 Frankfurt 0.9 Firms liable to tax per 1,000 Stuttgart inhabitants 2012 Munich Hamburg Nuremberg Cologne Dresden Leipzig Essen Bremen Berlin Dortmund NRW Germany Source: Federal Employment Agency, Employees liable to social security contributions V2014Q1 B2013Q2. ITNRW, VAT statistics V2014Q3 B2012Q4. WZ08-Nr:

126 Auditing / Tax Consultancy Well known auditing firms and tax consultancies present in Düsseldorf Düsseldorf auditors/tax consultants (examples in alphabetical order) BDO AG Clifford Chance CMS Hasche Sigle Deloitte & Touche GmbH Ebner Stolz Wirtschaftsprüfer Steuerberater Ernst & Young GmbH Heuking Kühn Lüer Wojtek Düsseldorf auditors/tax consultants (examples in alphabetical order) KPMG AG PricewaterhouseCoopers AG Rölfs RP AG Wirtschaftsprüfungsgesellschaft Taylor Wessing Verhülsdonk & Partner Warth & Klein Grant Thornton AG WIBERA Wirtschaftsberatung AG Source: Office of Economic Development Düsseldorf, Monitoring V2013Q4. Chamber of Tax Consultants Düsseldorf V2012Q3. 5

127 Finance Important financial location Düsseldorf Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

128 Finance Important financial location Düsseldorf Key points Düsseldorf is the no. 1 banking location in North Rhine-Westphalia and no. 2 across Germany. The North-Rhine-Westphalian financial institutions are regarded as extremely versatile and reflect the varied economic and business structure of the region. 273 financial institutions with head-office function (according to VAT statistics), including 95 listed credit and financial service institutes under federal supervision (BaFin). A total of 501 financing institutions incl. branches and offices in the fields of central banking, lending, investment companies, trust institutions, funds, building societies, pawn shops, stock exchanges and other institutions (according to commercial register). The banking association for North Rhine-Westphalia, representing the interests of private NRW banks has 67 members including 29 from Düsseldorf. There are 20,735 persons liable to social security contributions in the financial sector in Düsseldorf. Financial institutions that have moved to Düsseldorf in recent years: Bank of China, Industrial and Commercial Bank of China, State Bank of India, Denizbank AG, Walser Privatbank AG, Helaba branch as new central bank of NRW savings banks (Sparkassen), Sparda-Bank West (merger from other regions). Source: BaFin V2014Q4, VAT statistics V2014Q3, Commercial Register V2014Q3, Banking Association NRW V2014Q4, Federal Employment Agency V2014Q1, Office of Economic Development Düsseldorf Monitoring V2014Q4. 2

129 Finance Düsseldorf second largest banking location in Germany Number and annual balance sheet total of largest banks with head office in city 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Number of large banks 14 4,206.1 Annual balance sheet total in billion * Frankfurt Düsseldorf Munich Berlin Cologne Stuttgart Hanover Hamburg Source: diebank, The 100 largest German banks V2013Q3. * = Ranking extended with Portigon AG with head office in Düsseldorf which was not taken into account in the study. 3

130 Finance Düsseldorf strong presence of major German banks Head offices of German banks in Düsseldorf (according to balance sheet total) NRW-Bank WGZ-Bank-Gruppe Deutsche Apotheker- und Ärztebank eg Portigon AG IKB Deutsche Industriebank AG HSBC Trinkaus & Burkhardt AG Düsseldorfer Hypothekenbank AG Stadtsparkasse Düsseldorf Targobank AG & Co. KGaA Sparda-Bank West eg Branch offices of German banks in Düsseldorf (examples in alphabetical order) Commerzbank AG Deutsche Bank AG Deutsche Genossenschafts-Hypothekenbank Deutsche Postbank AG HSH Nordbank Hypothekenbank Frankfurt AG HypoVereinsbank UniCredit Bank AG WL Bank AG Source : diebank, journal on banking policy and practice, The 100 largest German banks V2013Q3. Die Welt, Top50-Banken in Deutschland V2014Q2, Group Report 2014 of Portigon AG. BaFin V2014Q1. Office of Economic Development Düsseldorf Monitoring V2014Q4. 4

131 Finance Düsseldorf banking industry with second highest employment density in Germany Bank employees liable to social security contributions per 1,000 inhabitants and absolute number Frankfurt Düsseldorf Stuttgart Munich Hamburg Nuremberg Cologne Hanover, region Essen Germany Bremen Leipzig Dortmund NRW Dresden Berlin Source: Federal Employment Agency; employees liable to social security contributions at employment location V2014Q1 B2013Q2. WZ08-Nr: Federal Statistics Office, Numbers of inhabitants B2012Q4. 5

132 Finance Banking location Düsseldorf enjoys high international confidence Examples of international banks with office in Düsseldorf Source: Office of Economic Development Düsseldorf Monitoring V2014Q4, Federal Gazette V2013Q3. 6

133 Finance Düsseldorf Financial centre for regional banks and private bankers Regional banks and private bankers in Düsseldorf (examples in alphabetical order) Bank Julius Bär Bankhaus Lampe KG Bankhaus Werhahn GmbH (Neuss) Berenberg Bank BHF BANK Bethmann Bank AG DZ Privatbank Regional banks and private bankers in Düsseldorf (examples in alphabetical order) Hauck & Aufhäuser Merck Finck & Co Mizuho Bank Ltd. National-Bank AG Sal. Oppenheim jr. & Cie. AG & Co. KGaA UBS Deutschland AG Walser Privatbank AG Source: Office of Economic Development Düsseldorf Monitoring V2014Q4. Banking Association NRW V2014Q4. 7

134 Finance Strong Stock Exchange in Düsseldorf Characteristics of Düsseldorf Stock Exchange Quality stock exchange for private investors 35 billion annual turnover 14 brokerage firms and 72 banks Electronic trading platform QUOTRIX - leading to longest stock exchange opening hours (8 am 11 pm) - over 200,000 online customers TÜV-certified service quality full implementation of MiFID regulation No broker s fee on share orders under 5,000 QUALITY TRADER CLUB as premium service for investors, around 9,300 members Focus on information for newcomers to stock market Regular information meetings for advanced traders Support of trade with state-of-the-art technology (automatic quotes, limit control systems) Primary market transparent quality segment for small and medium-sized corporate bonds Source: V2014Q4 8

135 Insurance Insurance location Düsseldorf Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

136 Insurance Düsseldorf important insurance industry location in Germany Insurance industry location Düsseldorf 27 insurance institutes are members of German Insurance Association 23 insurance companies are listed with the BaFin Federal Agency for Financial Services Supervision The largest Düsseldorf insurance companies (alphabetical) ARAG CHUBB Insurance Deutsche Rückversicherung ERGO Versicherung Interlloyd Mitsui Sumitomo ÖRAG Provinzial Rheinland Versicherung PRUDENTIA S DirektVersicherung Vorsorge Lebensversicherung Sources: BaFin, GDV, Firmenwissen.de V2013Q4. 2

137 Insurance Düsseldorf has fourth-largest number of insurance companies in Germany Member companies in GDV German Insurance Association Cologne Munich Hamburg Düsseldorf Hanover Stuttgart Frankfurt Nuremberg Berlin Dortmund Bremen Dresden Essen Source: GDV, German Insurance Association V2014Q1 3

138 Insurance Düsseldorf high number of employees working in insurance industry Employees liable to social security contributions working in insurance industry 30,000 27,754 26,648 21,050 20,000 13,751 12,353 11,462 10,984 10,000 8,759 8,668 6,088 3,293 3,030 2,066 1,531 0 Munich Cologne Hamburg Stuttgart Hanover region Düsseldorf Berlin Frankfurt Nuremberg Dortmund Leipzig Bremen Dresden Essen Source: Federal Employment Agency. Employees liable to social security contributions in sectors 65 and 662 according to WZ08 V2014Q1 B2013Q2. 4

139 Energy Düsseldorf - Important Energy location in Germany Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

140 Energy Düsseldorf Top energy supply location in Germany Employees liable to social security contributions working in energy supply, absolute and per 10,000 inhabitants Source: Federal Employment Agency, Employees liable to pay social security contributions in economic sector D (=energy supply) V2014Q1 B2013Q2. Federal Statistics Office, numbers of inhabitants V2013Q4 B2012Q4. 2

141 Energy Important energy concerns in Düsseldorf Energy concerns liable to tax in Düsseldorf in total = 84 (Düsseldorf region = 167) Energie concerns (examples) E.ON AG E.ON Climate & Renewables Statkraft Markets GmbH Stadtwerke Düsseldorf AG Eni Gas & Power GmbH Knapsack Power GmbH & Co. KG AIR LIQUIDE Deutschland GmbH HOCHTIEF Energy Management GmbH NaturStromHandel GmbH NaturStrom XL GmbH Activity Electricity & gas, head office, control of worldwide business Renewable energies and climate protection Energy trading, electricity & gas Energy supply, electricity, gas, water, heat Gas trading via pipelines Electricity generation without external procurement for distribution Production of industry gases Efficient energy use in buildings Electricity generation with external procurement for distribution Electricity generation with external procurement for distribution Source: EnergieRegion.NRW V2014Q3. Creditreform/Handelsblatt, Firmenwissen.de V2014Q3. ITNRW, VAT statistics V2014Q3 B2012Q4. 3

142 Energy Important energy research institutions in the Düsseldorf region Research institutions EnergieAgentur NRW (consultancy) FH Düsseldorf Centre of Innovative Energy Systems (ZIES) Geological Service NRW IUTA Institute for Energy and Environmental Technology Wuppertal Institute for Climate, Environment, Energy GmbH Solar Institute of FH Aachen Research Centre Jülich Institute for Energy and Climate Research (IEK) University of Cologne Institute of Energy Economics (EWI) Location Düsseldorf, Gelsenk., Wuppertal Düsseldorf Krefeld Duisburg Wuppertal Jülich Jülich Cologne Source: EnergieRegion.NRW V2014Q3. 4

143 Energy Important energy projects in Düsseldorf region Projects Solar settlement Düsseldorf Media Harbour Hydrogen filling station and H2 Infocenter E-Carflex (E-car-sharing project) Fuel cells-hybrid drive for shuttle buses Solar thermal installation at company with galvanized production process The clean fleet of Krefeld municipal utilities Wind test site Grevenbroich CO2 scrubbing pilot site Solar thermal tower power plants Location Düsseldorf Düsseldorf Düsseldorf Düsseldorf, Cologne Heiligenhaus Krefeld Grevenbroich Niederaußem Jülich Source: EnergieRegion.NRW V2014Q3. Office of Economic Development Düsseldorf, Monitoring V2014Q3. 5

144 Real Estate Düsseldorf Top Real Estate Location Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

145 Real Estate Top Real Estate Location Düsseldorf Real Estate Location Düsseldorf One of the largest supplies of office space in Germany (9.21 m²) Stable office market, highly attractive for investors Fast availability of office space Many top architects offices based here. Examples: HPP, Ingenhoven Architects, SOP Architekten, Kai 18, Petzinka & Pink, RKW, Eller+Eller Architects Sufficient office space in reserve Chamber of Architects for North Rhine-Westphalia based here Source: Office of Economic Development Düsseldorf V2013Q4. 2

146 Real Estate Düsseldorf a stomping ground for world-famous architects Architects Building William Alsop Bothe Richter Teherani Joe Coenen Sir Norman Foster Fürst Architects Frank O. Gehry Ingenhoven und Partner Helmut Jahn Daniel Libeskind Fumihiko Maki Richard Meier Renzo Piano Claude Vasconi Source: Office of Economic Development Düsseldorf V2013Q4. Colorium Drei Hoch 5 DOCK ARAG Hochhaus Light House Der Neue Zollhof Sky Office Düsseldorf Sign Kö-Bogen Maki-Solitär Feldmühlenplatz Casa Stupenda (at planning stage) Grand Bateau 3

147 Real Estate Award-winning architecture in Düsseldorf Building Stadttor Victoria Tower Sevens Stadtwerke Spherion Stadtwerke Brücke im Medienhafen Kö-Bogen Dreischeibenhaus Award MIPIM Award Business Center Among the top 3 MIPIM Award Business Center MIPIM Award Shopping Center Among the top 3 MIPIM Award Business Center Office of the year (femb) Facility Management Award NRW prize from German Architects Assn BDA MIPIM Award 2014 Urban Regeneration MIPIM Award 2015 Best Renovated Building Source: Office of Economic Development Düsseldorf V2014Q1. 4

148 Quality of life Düsseldorf a city with a very high quality of life Wirtschaftsförderung Burgplatz 1 D Düsseldorf Tel: Fax: [email protected] Internet: 1

149 Quality of life Düsseldorf the city with 600,000 inhabitants Geography Value Inhabitants in Düsseldorf Number Share Share NRW Area Population density Height above sea level (level of Rhine) Highest ground point (Sandberg) km² 2,766 inhabitants per km² m 170,29 m Inhabitants altogether 601, % % female 313, % 51.0 % male 287, % 49.0 % foreigners 113, % 11.3 % Northern latitude Longitude (East of Greenwich) under 20 year-olds 101, % 18.7 % 20 to 65 year-olds 384, % 60.8 % 65 and older 115, % 20.5 % Number of people moving to the city per year Number of people moving away from city per year 43,090 38,659 Source: ITNRW, State data base, Results of population update based on VZ1987 (not yet census 2011) V2014Q4 B2013Q4. The figures of inhabitants are slightly different from those provided by city statistics due to the different counting methods used. The official statistics are used here for the purpose of regional comparison. 2

150 Quality of life Continuing appeal of Düsseldorf for inhabitants Status and development of Düsseldorf population , , , , ,000 Growth of inhabitants : (= +6,3 %) 567, ,046570,279571,005571, , , , , , , , , , , ,210 Population of Düsseldorf 560, , Source: Population update of Düsseldorf Statistics Office V2015Q1. Figures as at of each year. 3

151 Quality of life Düsseldorf world-class city to live and work in The 6 cities with the highest quality of life worldwide Vancouver Düsseldorf Vienna Zurich Munich Auckland Source: Mercer Quality of Living V2015Q1. 4

152 Quality of life The best city administrations in Germany 1. Düsseldorf 2. Hanover 3. Nuremberg 4. Munich 5. Frankfurt 6. Duisburg 7. Dresden 8. Essen 9. Bremen 10. Dortmund 11. Stuttgart 12. Leipzig 13. Hamburg 14. Cologne 15. Berlin Sub-discipline Ranking Basic services Düsseldorf 1st place Range of services Düsseldorf 1st place Citizen advice Düsseldorf 1st place Fair dialogue with citizens Düsseldorf 1st place Citizen service Düsseldorf 1st place Sustainability and responsibility Düsseldorf 1st place Source: ServiceValue GmbH, customer rating: Best City Administrations V2012Q3. 5

153 Quality of life Wide variety of sports Sport establishments and events in Düsseldorf (examples) Special Olympics 2014 Football club Fortuna Düsseldorf International PSD-Bank indoor meeting Henkel Preis der Diana (horse race) Federal table tennis centre Popular city marathon Triathlon Düsseldorf Judo Grand Prix Ice hockey with the DEG Large number of golf courses 500 tennis courts 27 indoor riding arenas 6 marinas Source: Office of Economic Development Düsseldorf Monitoring V2014Q3. 6

154 Quality of life Düsseldorf excellent location for art and culture Art in Düsseldorf (examples) K20, Art Gallery North Rhine-Westphalia K21, Art Gallery in Ständehaus Museum Kunstpalast Hetjens Museum (ceramic art) Heinrich-Heine Institut Goethe Museum Kunstakademie Deutsche Oper am Rhein Tonhalle (concert hall) Düsseldorfer Filmmuseum Quadriennale 2010, 2014 Source: Office of Economic Development Düsseldorf Monitoring V2013Q3. 7