Düsseldorf - The Fashion, Art, and International Business Hub
From as far back as the 11th century, Düsseldorf has undergone a series of makeovers. The city has sustained rounds of political, social and economic metamorphoses and emerged as a financial center. The modern architecture and vibrant art make the city a historical business center.
Düsseldorf has had a constantly growing population and has gone through thriving periods of industrialization, which has kept pace through tumultuous wartime until the current economic stability has been achieved. With a GDP of 331.5 billion Euro, Düsseldorf is considered to be one of the fastest growing cities in Europe. Düsseldorf is the banking and wholesale center and home for many of Ruhr’s businesses. In support of this rapid and constant economic growth, management consultants and digital experts have helped businesses to improve their performance.
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Düsseldorf offers some of the best talents, when it comes to consultants and digital experts
Düsseldorf is home to high ranking reputable universities and institutions that offer background training to support the presence of experts in business management. These experts have been crucial in maintaining economic stability and growth. Düsseldorf is a multicultural and multinational city with the current international residents making up over 18% of the total population. The social and cultural diversity in Düsseldorf makes it a business center within Europe. With 31% of the EU population residing within a 500 km radius from Düsseldorf, the city commands a high purchasing power which facilitates business growth.
International Business: Düsseldorf takes the prestigious number one position as a center for foreign direct investment in Germany. It is also considered to be the international business hub in the heart of Europe. Holding this strategic central location, coupled with a well-developed infrastructure, makes Düsseldorf easily accessible within Europe. This supports international business and promotes entrepreneurship. Government policies, together with provisions for a safe living environment have made Düsseldorf the second-most popular city to attract direct investment in Europe, second only to London.
Financial Center: Düsseldorf is home to 170 national and international institutions and 130 insurance agencies. One of the eight stock exchanges in Germany is located in Düsseldorf. It is also home to NRW Bank, which is the largest state development bank. The Deutsche Bank and Commerzbank also have branches in Düsseldorf and provide a job for more than 2,000 people. In general over 30,000 people are employed in the financial and insurance industries.
Fashion and Trade Fairs: Credited for its fashion and arts, Düsseldorf is home to a distinguished Academy of Fine Arts. It is branded the fashion capital of Germany. And, as far back as 1948, the city has been renowned for fashionable clothes. The city has been organizing fashion shows and established specialized schools for fashion design and related topics.
The thriving international business, financial services and legendary fashion and art sectors in Düsseldorf are justification enough for SMEs to hire consultants to handle the management and digital expertise side of business growth.