Stadt Münster, Economic location
Welcome to Münster in Westphalia
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Economic location
Münster is the creative "desk of Westphalia". Greater Münster is peppered with public authorities, consulting companies, insurance companies, banks, computer centres, publishing houses and advertising and design agencies. Nano-biotechnology, health care and life sciences as well as geodata services are only a few examples of the competences that Münster can offer within the service sector.
With a total turnover of over 2 billion euros, the retail trade is an important economic factor. With its traditional merchants’ townhouses and more modern outlets, such as the Münster arcades and the Stubengasse, the historic centre is a consumer magnet.
Münster’s status as a significant industrial location is frequently overlooked. Yet BASF Coatings and Brillux have their headquarters here – two of the big three in the German paint and lacquer industry market. Hengst GmbH & Co. KG is another jewel in the industrial city's crown. Virtually all the famous car manufacturers place their trust in the filters and filter systems manufactured by Hengst. Armacell, still expanding manufacturer of engineered foams, is the world leader in the market for flexible technical insulation materials, and has its headquarters here, too. Compo (fertilizers) is another famous brand "made" in Münster.
www.ihk-nordwestfalen.de
Almost 27,000 new jobs have been created in Münster since 1995. A rise of over 23 per cent. And there is still a demand in the fields of health care, IT, engineering and several crafts professions. Münster is a powerful economic location with a high quality of life, an above-average income level and a significantly lower unemployment rate than the average currently prevailing in the Federal State of North Rhine-Westphalia.
Information:
Wirtschaftsförderung Münster GmbH
Wolfgang Neteler
Steinfurter Straße 60a
ph 02 51 / 6 86 42 70
neteler@wfm-muenster.de
www.wfm-muenster.de
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