Hamburg's potential is estimated to be high

Top position in the European Cities of the Future 2020/21 Ranking

Hamburg's potential is estimated to be high

Hamburg is one of the leading European business locations. In the current ranking of the Financial Times Group’s fDi Magazine, a specialist publication on foreign direct investment. In its "European Cities of the Future 2020/21" survey, Hamburg scored second place in the overall rating of the Large European Cities section of the survey. In the individual rankings, Hamburg came in first in the Human Capital and Lifestyle category and third in the Economic Potential and FDI Strategy categories. In the Business Friendliness category, Hamburg reached ninth place, and in the Connectivity category Hamburg came in tenth. As part of the survey, nearly 500 European cities and regions were assessed.

Minister Westhagemann commented: "For us, these positive ratings are both a confirmation and an incentive. To retain our position as a top business location in Europe, we need to ensure an attractive business environment and keep developing our infrastructure for young, technology-oriented companies in particular. Innovations are vital for strengthening a location’s competitive edge." Dr Rolf Strittmatter, managing director of Hamburg Invest, adds: "To secure our position as a top business location in Europe, we need to ensure an attractive business environment and keep developing our infrastructure for young, technology-oriented companies in particular."