Cologne is a large economic situation of Germany. The binding to the Rhine and the proximity to the Ruhr district determine the economical picture of Cologne since ever ago, in addition, other industries collect themselves here.

Historical industries

Since the establishment in the year 50 the history of Cologne is connected with trade and handicraft. The Rhine as trade route secures the business over import, export in Cologne and. In the year 150 glass becomes from Cologne Manufakturen export success in the Roman realm.

In the Middle Ages Cologne was Hanseatic city. The city developed not least because of their Rhine binding to the central place of transshipment for goods. Since 1709 Farina exists the oldest still existing enterprise of Cologne opposite. Cologne owes its most well-known product Eau de Cologne to its founder Johann Maria Farina (1685-1766). In 19. Century became from it the German designation water. Farina opposite with the red tulip and Procter & Gamble with their mark 4711 are today the two producers Cologne waters in Cologne, which abroad as original Eau de Cologne is the most well-known product Cologne.

Local economy

One million humans mean a large purchasing power, then there are many small medium-size enterprises, in addition, large enterprises, which serve the local market in Cologne.

• Cologne transporting enterprises (KVB)
• Ports and goods traffic Cologne (HGK)
• Savings bank Cologne Bonn
• Airport Cologne/Bonn
• Rhine energy
• NetCologne
• Cologne (Rhine navigation)

The city center is coined/shaped by culture and purchase miles.

Many Cologne enterprises point also in its company names and Logos the purchase to its city, it gives 57 companies with the name Colonia, many different carry the two Kirchturmspitzen Cologne cathedral or Cologne coats of arms in their Firmensignet.

Substantial politico-economic measures of the city Cologne, as for instance the establishment of the Mediaparks, are furnished over the participation of the city Cologne, in particular over the savings bank Cologne Bonn and the Cologne fair. Besides also over the many other urban participation under the roof of public utilities Cologne and its company nut/mother GEW Cologne are organized.

Administrations

Many national and international enterprises have their head office in Cologne. So the trading ventures purchase yard, REWE, and Tuffi Campina of milk works and the airlines Lufthansa and Germanwings.

Further enterprises:

• Rhine country
• QSC, a network carrier
• Monastery woman

Insurance

The following insurance has your head office in Cologne:

• Gerling
• AXA (formerly Colonia before the assumption by AXA, now German head office)
• DEVK
• DKV
• Europe
• Gothaer
• Roland

Banks

• District savings bank Cologne
• Cologne bank
• Sal. Oppenheim
• Savings bank Cologne Bonn

Industry

Parfum and Kosmetik industry

• Farina opposite Johann Maria Farina in relation to the place GmbH
• Procter & Gamble P&G prestige Products GmbH among other things with the mark 4711

Automobile industry

The automobile industry has a long tradition in Cologne. Already in the beginnings car manufacturers had here their enterprises or German address. Exactly automobile history can not at all taken be written without the city Cologne, since the first pure engine factory of the world developed here the N.A.Otto Cie those the developer of the Otto engine Nikolaus Otto together with Eugen being enough 1864 based. Later then the gas engine factory Deutz, from which the today's Deutz AG developed. The two got themselves May brook and God-dear Daimler to Karl as mechanics to Cologne. The remainder is history.

E.g. continued to create. August Horch 1899 in Cologne honour field the company Horch (A. Horch & Cie.) into the 1901 the first series vehicle the factory left. Later from it the company Audi developed with stopovers as admits.

The automobile AG was registered on 08 January 1927 into the trade register of the city Cologne. Until today is here the German center.

The largest employer in Cologne is the Ford works GmbH.

AG finally shifted the Ford works 1931 their seat from Berlin to Cologne, where she had established a new work directly in Cologne Niehl on the Rhine. This was continuously developed after the war. Here today seat Europe is center. With approximately 20,000 coworkers Ford is the largest employer of the city and an important restaurant factor. Beside different works in Cologne Niehl here also the development and one are the large European Ersatzteilager in Cologne Merkenich resident.

finally 1954 shifted Renault its Germany center to Cologne, from where she moved 1962 to the Cologne city boundary after

Since 9 October 1970 the Toyota selling society late Toyota Germany GmbH finally is in Cologne, today Cologne Mars village. Beside the center here also the formula 1 running universe is resident and the development for this.

Even if it is not conscious of many, Cologne is one of the prominent automobile cities of Germany.

The quarters Deutz, on peel crimp the Deutz AG his name gave.

Further enterprises:

• Lime tree refrigeration technology
• Leybold Vacuum
• nkt cables
• Wire works Cologne

Chemical industry

An important engine of the Cologne economy is the meaning as chemistry location. Rhine upward the of the Basell, Shell is and BP on the city boundary to Wesseling. In the north to Leverkusen the Bavarian works and far city inward the chemistry park Kessenich. Further large companies are the Degussa and the chemistry park Knapsack.

Research

Also as state of research place Cologne is well-known, then the institute for Max-Planck operates three institutes: for society research, for neurological research and for breeding research.

Articles in category "Economics in Cologne"

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