Leipzig, Saxony, Germany

Economy

🇩🇪 Leipzig is the most populous city in the German state of Saxony. It is Germany's second most populous city in the area of former East Germany. Together with Halle, the largest city of the neighbouring state of Saxony-Anhalt, the city forms the poly-centric conurbation of Leipzig-Halle. Between the two cities lies Leipzig/Halle Airport.

Leipzig is located about 160 km (100 mi) south-west of Berlin in the Leipzig Bay, which constitutes the southernmost part of the North German Plain, at the confluence of the White Elster River (progression: Saale→ Elbe→ North Sea) and two of its tributaries: the Pleiße and the Parthe. The name of the city as well as the names of many of its boroughs are of Slavic origin.

Leipzig has been a trade city since at least the time of the Holy Roman Empire. The city sits at the intersection of the Via Regia and the Via Imperii, two important medieval trade routes. Leipzig was once one of the major European centres of learning and culture in fields such as music and publishing. After the Second World War and during the period of the German Democratic Republic (East Germany) Leipzig remained a major urban centre in East Germany, but its cultural and economic importance declined. Events in Leipzig in 1989 played a significant role in precipitating the fall of communism in Central and Eastern Europe, mainly through demonstrations starting from St. Nicholas Church. The immediate effects of the reunification of Germany included the collapse of the local economy (which had come to depend on highly polluting heavy industry), severe unemployment, and urban blight. Starting around 2000, however, the decline was first arrested and then reversed and, since then, Leipzig has seen significant changes with the restoration of major historical buildings, the demolition of derelict properties of little historical value, and the development of new industries and a modern transport infrastructure.

Leipzig today is an economic centre, is rated as the most liveable city in Germany by the GfK marketing research institution, and has the second-best future prospects of all cities in Germany according to the Hamburg Institute of International Economics (HWWI) and Berenberg Bank. The city is one of two seats of the German National Library, as well as the seat of the German Federal Administrative Court. Leipzig Zoo is one of the most modern zoos in Europe and ranks first in Germany and second in Europe. Since the opening of the Leipzig City Tunnel in 2013, Leipzig forms the centrepiece of the S-Bahn Mitteldeutschland public transit system. Leipzig is currently Germany's "Boomtown" and was the 2019 European City of the Year.

Leipzig has long been a major centre for music, both classical as well as modern "dark alternative music" or darkwave genres. The Oper Leipzig is one of the most prominent opera houses in Germany. Leipzig is also home to the University of Music and Theatre "Felix Mendelssohn Bartholdy". The Leipzig Gewandhaus Orchestra, established in 1743, is one of the oldest symphony orchestras in the world. Johann Sebastian Bach is one among many major composers who lived and worked in Leipzig and, during a stay in the city, Friedrich Schiller wrote his poem "Ode to Joy".

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Economy The city is a location for automobile manufacturing by BMW and Porsche in large plants north of the city. In 2011 and 2012 DHL transferred the bulk of its European air operations from Brussels Airport to Leipzig/Halle Airport. Kirow Ardelt AG, the world market leader in breakdown cranes, is based in Leipzig. The city also houses the European Energy Exchange, the leading energy exchange in Central Europe. VNG – Verbundnetz Gas AG, one of Germany's large natural gas suppliers, is headquartered at Leipzig. In addition, inside its larger metropolitan area, Leipzig has developed an important petrochemical center. Some of the largest employers in the area (outside of manufacturing) include software companies such as Spreadshirt and the various schools and universities in and around the Leipzig/Halle region. The University of Leipzig attracts millions of euros of investment yearly and celebrated its 600th birthday in 2009. Leipzig also benefits from world leading medical research (Leipzig Heart Centre) and a growing biotechnology industry.

Many bars, restaurants and stores in the downtown area are patronized by German and foreign tourists. Leipzig Main Train Station is the location of a shopping mall. Leipzig is one of Germany's most visited cities with over 3 million overnight stays in 2017.

In 2010, Leipzig was included in the top 10 cities to visit by The New York Times, and ranked 39th globally out of 289 cities for innovation in the 4th Innovation Cities Index published by Australian agency 2thinknow. In 2015, Leipzig have among the 30 largest German cities the third best prospects for the future. In recent years Leipzig has often been nicknamed the "Boomtown of eastern Germany" or "Hypezig". As of 2013 it had the highest rate of population growth of any German city. Companies with operations in or around Leipzig include: • Amazon • Blüthner: piano-manufacturing • BMW • DHL • Porsche • Siemens • Future Electronics

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Leipzig, Saxony, Germany 
<b>Leipzig, Saxony, Germany</b>
Image: Adobe Stock stylefoto24 #215866128

Leipzig is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.

Leipzig is ranked #116 by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. Leipzig was ranked #405 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Leipzig has a population of over 605,407 people. Leipzig also forms part of the wider Central German metropolitan area which has a population of over 4,360,000 people. Leipzig is the #300 hipster city in the world, with a hipster score of 2.6309 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Leipzig is ranked #167 for startups with a score of 3.232.

To set up a UBI Lab for Leipzig see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Leipzig has links with:

🇪🇹 Addis Ababa, Ethiopia 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Birmingham, England 🇮🇹 Bologna, Italy 🇨🇿 Brno, Czech Republic 🇩🇪 Frankfurt, Germany 🇩🇪 Frankfurt am Main, Germany 🇩🇪 Hanover, Germany 🇮🇱 Herzliya, Israel 🇻🇳 Ho Chi Minh City, Vietnam 🇺🇸 Houston, USA 🇵🇱 Kraków, Poland 🇺🇦 Kyiv, Ukraine 🇫🇷 Lyon, France 🇨🇳 Nanjing, China 🏴󠁧󠁢󠁥󠁮󠁧󠁿 Sparkbrook, England 🇬🇷 Thessaloniki, Greece 🇧🇦 Travnik, Bosnia and Herzegovina
Text Atribution: Wikipedia Text under CC-BY-SA license | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

Antipodal to Leipzig is: -167.627,-51.336

Locations Near: Leipzig 12.3729,51.3356

🇩🇪 Delitzsch 12.333,51.517 d: 20.3  

🇩🇪 Borna 12.5,51.127 d: 24.9  

🇩🇪 Bitterfeld-Wolfen 12.328,51.623 d: 32.1  

🇩🇪 Altenburg 12.444,50.992 d: 38.5  

🇩🇪 Merseburg 11.983,51.35 d: 27.1  

🇩🇪 Halle 11.975,51.482 d: 32  

🇩🇪 Halle (Saale) 11.967,51.467 d: 31.7  

🇩🇪 Weißenfels 11.967,51.2 d: 32  

🇩🇪 Dessau 12.25,51.833 d: 56  

🇩🇪 Dessau-Roßlau 12.245,51.839 d: 56.7  

Antipodal to: Leipzig -167.627,-51.336

🇹🇴 Nuku'alofa -175.216,-21.136 d: 16593  

🇦🇸 Pago Pago -170.701,-14.279 d: 15885.4  

🇼🇸 Apia -171.76,-13.833 d: 15828.5  

🇵🇫 Papeete -149.566,-17.537 d: 15932.9  

🇺🇸 Hilo -155.089,19.725 d: 12019.2  

🇺🇸 Maui -156.446,20.72 d: 11928.7  

🇺🇸 Maui County -156.617,20.868 d: 11914.7  

🇺🇸 Wailuku -156.505,20.894 d: 11910.3  

🇺🇸 Kahului -156.466,20.891 d: 11910.1  

🇺🇸 Honolulu -157.85,21.3 d: 11882  

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