Frankfurt am Main is situated in Germany, in the federal state of Hesse. It is the fifth largest city of the country and is located in the centre of Germany.
Ever since the Middle Ages Frankfurt am Main, located on the Main River, has been an important crossroads for European commerce. Over the next few centuries, it developed into one of Europe's major trade and finance centres. Frankfurt am Main was bombed heavily during the Second World War. After the war, the construction of skyscrapers and new industrial structures transformed the city into the international economic metropolis it is today.
Useful facts:
- Size: 248 km2
- Number of citizens: 644,321
- Population growth rate: 0.3%
- Languages: the official language is German, but most people speak fluent English.
Frankfurt am Main is home to many cultural and educational institutions - the remnants of its long and colourful history. The city is also noted as one of only four European cities that have a large number of high-rise skyscrapers.
Frankfurt am Main is the powerhouse of the diversified and dynamic Rhine-Main region, one of the most economically productive areas in Europe. The three main pillars of its economy are finance, trade fairs and transport.
- Labour force: 590,750
- Key sectors: the financial sector, ICT sector and public services
- Main knowledge centres: the Business School of Finance and Management and the Frankfurt am Main Chamber of Commerce and Industry
Frankfurt am Main is a lucrative city for foreign investors, which is borne out by just how many trade fairs are staged there. The most lucrative sector is the finance sector. Frankfurt has been Germany’s financial centre for ages and it houses numerous banks and financial institutions, such as the Frankfurt Stock Exchange and the European Central Bank.
Fast-growing markets include the ICT sector and the biotechnology sector.
In addition, the city has an excellent transport network, including Europe’s third largest airport and an inland port.
- Business events: The Messe Frankfurt Company organizes over 100 trade fairs worldwide and is one of the few truly global players in the trade fair sector.
- Policy of subsidies: Frankfurt Economic Development GmbH provides foreign companies with all the information necessary to implement their business plans in Frankfurt.
- Port: Port of Frankfurt am Main
- Airport: Frankfurt International Airport
