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Bonn remains stable as a business location

With a slight decrease of 0.3 percent (625 employees), the business location of Bonn is largely stable. As of June 30, 2020, there were 179,903 employees subject to social security contributions in Bonn. The biggest sector winners are information and communication (+2.6 percent or +497 employees) and public and private service providers (excluding public administration) with +2.4 percent or +1,449 employees. The biggest industry losers were financial and insurance services, with -20.0 percent or -1,505 employees, and hotels and restaurants (-7.9 percent or -557 employees). Other indicators, such as the continued very high occupancy rate in Bonn's office property market of 133,900 square meters in 2020 (in 2019: 108,600 square meters), also point to a high level of stability in the business location.

Mayor Katja Dörner attributes the solid situation among other things to the successful transformation of Bonn and the region into an internationally oriented location: "Bonn continues to have a prominent function as the second federal political center and is the German location of the United Nations. Bonn is also considered a center for international cooperation and a competence center for science and for sustainable development. The economic structure is characterized by global players and medium-sized service companies; innovative manufacturing companies and an active start-up scene enrich the location. Further areas of expertise lie in the fields of cyber security and information technologies. Last but not least, Bonn has a strong cultural base."

This is what the ECMWF buildings in Bonn will look like.

Settlement of the ECMWF

The Mayor cites the new EU branch of the London-based European Centre for Medium-Range Weather Forecasts (ECMWF) as a current example of the special international strength of the location. The German governmentwas able to prevail over other European cities when Bonn was selected as the best location. Mayor Dörner commented: "This clearly shows that Bonn can score with the scientific excellence in the entire region, the excellent location, the infrastructure and the good welcoming culture as well as the high quality of life."

Economic Development Office Director Victoria Appelbe elaborated on the special situation in the Corona pandemic for all all units of the Economic Development Office, which needed to „reinvent“ their services digitally. . She highlighted the Service Center Business team as an example, the first point of contact for business start-ups, company development or new business relocations. In 2020, a total of 1,063 concerns and projects were handled, almost exclusively by telephone and in digital form. According to Appelbe, the report presents various concrete cases of business expansions (e.g. Tarent solutions GmbH, GKN Powder Metallurgy Holding GmbH) or start-ups (e.g. ClingTechBionics).

Furthermore, the development of the city centers, which were particularly challenged by the Corona pandemic, was in the focus of the economic development. Economic Development Director Appelbe: "The Economic Development Office organized the first Bonn City Conference Trade means Change'. With state support, a center management program for Bad Godesberg, Beuel and Duisdorf has begun its work. Numerous projects also progressed as part of the Smart City Bonn program, including the elementary broadband expansion in our city."

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