SWOT-Analysis of Halle 14 in the Cotton Spinning ... - Central Europe
SWOT-Analysis of Halle 14 in the Cotton Spinning ... - Central Europe
SWOT-Analysis of Halle 14 in the Cotton Spinning ... - Central Europe
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The city <strong>of</strong> Leipzig, its major economic and cultural pr<strong>of</strong>ile<br />
Follow<strong>in</strong>g German reunification <strong>in</strong> 1990, major corporations were attracted to Leipzig by means <strong>of</strong> economic policy<br />
and development measures <strong>in</strong>troduced by <strong>the</strong> City <strong>of</strong> Leipzig and <strong>the</strong> Free State <strong>of</strong> Saxony. This resulted <strong>in</strong> <strong>in</strong>vestment<br />
projects <strong>in</strong> Leipzig such as a BMW car plant (about 2,500 employees + ano<strong>the</strong>r 3,100 staff work<strong>in</strong>g for partners<br />
and suppliers), DHL’s <strong>Europe</strong>an freight hub (which is expected to have a workforce <strong>of</strong> 3,500 when completed <strong>in</strong><br />
2012), various Siemens operations (about 1,700) and a Porsche assembly plant (about 400).<br />
The ma<strong>in</strong> economic sectors <strong>in</strong> Leipzig are nowadays as follows:<br />
• Telecoms and IT (Unister Hold<strong>in</strong>g GmbH, Primacom, PC-Ware)<br />
• Energy sector (DBFZ German Biomass Research Centre), energy utilities (VNG – Verbundnetz Gas,<br />
Stadtwerke Leipzig), seat <strong>of</strong> <strong>Europe</strong>an Energy Exchange (EEX)<br />
• Transport and logistics (DHL’s <strong>Europe</strong>an cargo hub, Amazon)<br />
• Healthcare sector (Leipzig University Hospital, Leipzig Heart Centre – Rhön Cl<strong>in</strong>ic, etc)<br />
• Biotechnology (BioCity Leipzig – <strong>the</strong> University <strong>of</strong> Leipzig’s BBZ Biotechnology-Biomedic<strong>in</strong>e Centre, Max<br />
Plank and Frauenh<strong>of</strong>er <strong>in</strong>stitutes, etc)<br />
• Tourism (2007: 1.9 million visitors, 92 hotels and hostels. Turnover <strong>in</strong> hospitality : €1.1 billion. Day-trippers<br />
from Germany 840,000, UK 11,800, Ne<strong>the</strong>rlands 11,000, USA 25,000 and Japan 5,600 (all figures approximate)<br />
In June 2010, 39,626 companies were registered with Leipzig Chamber <strong>of</strong> Industry and Commerce along with over<br />
3,900 firms <strong>in</strong> <strong>the</strong> skilled manual trades (correct as <strong>of</strong> 2009). The number <strong>of</strong> employees <strong>in</strong> Leipzig subject to social<br />
security <strong>in</strong> 2009 was 205,709.<br />
In 2008, Leipzig’s GDP was €13.802 billion. Moreover, sales tax revenue <strong>in</strong> 2007 reached €18.8 billion. In recent<br />
years, Leipzig has had one <strong>of</strong> <strong>the</strong> best balances <strong>of</strong> bus<strong>in</strong>ess registrations and deregistrations <strong>in</strong> Germany.<br />
Accord<strong>in</strong>g to <strong>the</strong> latest economic report by Leipzig Chamber <strong>of</strong> Industry and Commerce, although Leipzig’s GDP<br />
decl<strong>in</strong>ed sharply <strong>in</strong> 2009 ow<strong>in</strong>g to <strong>the</strong> recession, all sectors <strong>of</strong> <strong>the</strong> economy (with <strong>the</strong> exception <strong>of</strong> construction) have<br />
s<strong>in</strong>ce stabilised or even improved. The local labour market was protected from severe repercussions by <strong>the</strong> widespread<br />
use <strong>of</strong> short-time work and work<strong>in</strong>g time accounts.<br />
2.3 Cultural pr<strong>of</strong>ile<br />
Leipzig has become known <strong>in</strong>ternationally for its traditional high culture (music and <strong>the</strong> visual arts) as well as more<br />
recent developments <strong>in</strong> design (Designers Open) and modern festivals (e.g. DOK Leipzig, euro-scene Leipzig,<br />
Wave-Gotik-Treffen and <strong>the</strong> Leipzig Jazz Festival). Its <strong>in</strong>ternational reputation is chiefly accounted for by its image as<br />
a city <strong>of</strong> music. With a musical history stretch<strong>in</strong>g back 800 years, <strong>the</strong> city has a proud heritage <strong>of</strong> both composers<br />
(<strong>in</strong>clud<strong>in</strong>g Johann Sebastian Bach, Richard Wagner, Felix Mendelssohn, Robert Schumann and Clara Wieck, and<br />
Edvard Grieg, see also 3.5) and long-stand<strong>in</strong>g venues (Gewandhaus concert hall, St Thomas’s Church, <strong>the</strong> University<br />
<strong>of</strong> Leipzig and Forum Thomanum).<br />
In addition, <strong>in</strong>ternational attention has been directed towards <strong>the</strong> visual arts <strong>in</strong> Leipzig, chiefly on account <strong>of</strong> <strong>the</strong> New<br />
Leipzig School, whose most popular representative is Neo Rauch. Then aga<strong>in</strong>, <strong>the</strong> HGB Leipzig Academy <strong>of</strong> Visual<br />
Arts was orig<strong>in</strong>ally founded back <strong>in</strong> 1764, mak<strong>in</strong>g it one <strong>of</strong> <strong>the</strong> oldest art colleges <strong>in</strong> Germany. Moreover, <strong>the</strong> Leipzig<br />
Art Society was established by wealthy citizens <strong>in</strong> 1837 with <strong>the</strong> aim <strong>of</strong> collect<strong>in</strong>g significant works <strong>of</strong> art and display<strong>in</strong>g<br />
<strong>the</strong>m to <strong>the</strong> general public. Thanks to f<strong>in</strong>ancial support, lobby<strong>in</strong>g and donated collections, <strong>the</strong> Museum <strong>of</strong> F<strong>in</strong>e<br />
Arts (which moved <strong>in</strong>to a brand new build<strong>in</strong>g <strong>in</strong> 2004) is regarded as one <strong>of</strong> Germany’s lead<strong>in</strong>g museums <strong>of</strong> art.<br />
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