The Frankfurt Rhine-Main metropolitan region reaches from the Gießen district in the north to the Bergstrasse district in the south and from the Mainz-Bingen district in the west to the Aschaffenburg district in the east. The region extends over parts of 3 federal states.
5.52 million people live in the area. 365,000 companies with 2.87 million employees generate an annual gross domestic product of over 205 billion euros. Businesses of all sizes, from industrial corporations to small software developers, flourish in this productive environment with its international industry mix.
Concentrated strength - with a wide reach
Frankfurt am Main, a world-class financial and service center, is one of the leading European business locations at the heart of the dynamic Frankfurt Rhine-Main economic region. The city is booming and, like the metropolitan regions surrounding Berlin, Hamburg, Munich and Stuttgart, is considered to have benefited from the demographic shift in Germany that has encouraged people to return to the cities. With more than 695,000 people living in an area of only 249 square kilometers (2,790 residents/square kilometer), Frankfurt is one of the regions with the highest population density in Germany.
Frankfurt is one of the world's most important locations for the financial sector. Along with London and Paris, the metropolis on the Main is one of Europe's "top three." The European Central Bank is headquartered in the German "banking capital" as are global players such as Deutsche Bank and Commerzbank, 248 other banks, Deutsche Boerse, Eurex Deutschland and the administrative office of the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS). Due to the House of Finance, numerous universities and universities of applied sciences, Frankfurt is also a center of science and academics with a strong focus on financial expertise.
The State Capital of Wiesbaden
The Hessian state capital of Wiesbaden is located directly on the border to the state of Rhineland-Palatinate and is not only known for its treatment centers and convention centers but increasingly for being a vibrant service center as well. Wiesbaden is home to large, well-known companies as well as numerous small and medium-sized enterprises. Finance and insurance companies play an important role in the city. They benefit from Wiesbaden's proximity to the financial metropolis of Frankfurt and from the European Central Bank (ECB), which is headquartered in Frankfurt. Wiesbaden has been home to the R+V Versicherung insurance company and the insurance groups of Volksbank and Raiffeisenbank since 1948. The Aareal Bank Group, a leading international specialist for financing, consulting and services in the commercial and residential real estate sector, is also headquartered in the Hessian capital.
The consulting industry forms an additional pillar of economic growth in Wiesbaden. With numerous business consulting firms and independent business consultants, Wiesbaden is known to insiders as the industry's capital. Some renowned companies from the emerging IT industry recently set up shop in the city as well. CSC AG is one of the market leaders. The company is number one in Germany when it comes to IT consulting and IT services. Almost 80% of the more than 122,000 people who work in Wiesbaden are employed in the service sector. More than 2.3 million square meters of office space and 466,300 square meters of total retail space was on the market as of 2012. And Wiesbaden's capacities are far from being exhausted.