The economy and the harbour
18.08.2009, 11:06 Uhr
Hamburg Harbour is the central hub for trade with Eastern and Northern Europe.
As a container harbour, Hamburg takes second place in Europe and seventh place in the world. It is 120 km from the North Sea, but can accommodate the largest container ships in the world.
Its inland location and excellent rail, water and motorway connections, make Hamburg very attractive. Trade with the Baltic Sea region alone accounts for 25% of port turnover.
As a trade and transport metropolis, Hamburg has more than 90 consulates. 460 companies from Asia have their European headquarters or a branch office in Hamburg. With the HafenCity, an ultra-modern commercial and business district is currently being built directly on the Elbe river.
Hamburg is also a location for highly specialized industries. It is a leader in medical technology and biotechnology and is one of the world centres for aircraft construction: it is here that the wide-bodied A380 is being built.
The mail-order firm Otto-Versand and Helm AG (chemicals) are market leaders throughout the world. Whoever plays on a Steinway, rubs in Nivea or writes with a Montblanc fountain pen, uses a Hamburg product. Hamburg press products are read throughout the world and in all languages.
Mister Wong
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