Hannover stands as the capital and the most populous city within the German state of Lower Saxony. With a populace numbering 535,932 as of 2021, it secures its position as the 13th-largest city in Germany. Within Northern Germany, it proudly holds the title of third-largest, trailing only behind Hamburg and Bremen. The expansive urban expanse of Hanover encompasses not only the city itself but also includes the neighboring towns of Garbsen, Langenhagen, and Laatzen, amounting to a collective population of approximately 791,000 in 2018. On a broader scope, the Hanover Region accommodates around 1.16 million residents as of the count taken in 2019.
The Hannover Region has a well-balanced business structure with diverse, dynamic sectors. The most significant economic sectors in the Hannover Region include manufacturing, retail, and health and social services. Sectors particularly noteworthy compared to the rest of Germany are transport and warehousing, information and communications, financial and insurance services, freelance professionals, scientific, technical, and other economic benefits, public administration, and social security.
We help you learn about the business impacts of global expansion. To alleviate business impacts of global expansion, & from our international business expansion strategy, you will find detailed information about the economy in Hannover and the business location in Hannover in the annual "Trends & Facts" report provided by the Business and Employment Promotion Department of the Hannover Region.
Emil Berliner, Inventor of the Record Disc
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German companies are successful due to their focus on quality, innovation, and a highly skilled workforce, as well as a strong emphasis on engineering and manufacturing excellence. These achievements are amplified through their effective international business expansion strategies and a profound understanding of the business impacts of global expansion which contribute to their sustained excellence and competitive edge in the global market.
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