BERLIN, May 26 /PRNewswire/ -- Germany is one of the world's top investment locations and the largest exporter of intralogistics technologies. The leading intralogistics trade fair CeMAT 2008 is taking place in Hannover, Germany from May 27-May 31. It will feature 1,100 exhibitors from all over the world. Visitors will be able to learn about investment possibilities and industry developments in the host country.
Intralogistics describes the internal flow of materials between different logistics nodes in a company. Germany is Europe's largest intralogistics market and the third largest worldwide. According to the industry association VDMA, German intralogistics sales for 2007 approached EUR20 billion, an increase of 17% over the previous year. Germany is also the world's largest exporter of intralogistics technologies. In 2006, its exports approached EUR10 billion, 20% more than the previous year and a total nearly twice as great as the second-place country.
The increasing need to move equipment and goods faster in a globalized economy is forcing businesses to seek solutions from intralogistics companies, creating demand for new market entrants. For example, the largest single-country export client of German intralogistics companies is the United States with estimated sales of over EUR1 billion in 2007.
Emerging markets also play a growing role in the German intralogistics sector. Sales to China jumped to an estimated EUR475 million in 2007, an increase of over 30% compared with 2005. Exports to Russia exceeded an estimated EUR500 million in 2007, an increase of 40% over 2005. In total, the 27-member EU is the largest market for intralogistics services from Germany.
Furthermore, companies choose Germany because of its educated workforce. Over 90% of German employees in the intralogistics sector, a workforce that approaches 100,000 individuals, have either a professional qualification or a university degree.
Invest in Germany is the inward investment promotion agency of the Federal Republic of Germany. It provides investors with comprehensive support from site selection to the implementation of investment decisions. Invest in Germany can be found in the "Logistics Network" booth A16 in hall 12.
Invest in Germany GmbH Headquarters: Friedrichstasse 60, 10117 Berlin, Germany, T: +49-30-200-099-0, F: +49-30-200-099-111, firstname.lastname@example.org, http://www.invest-in-germany.com; Media Contact: Eva Henkel, T: +49-30-200-099-123, F: +49-30-200-099-111, email@example.com
Invest in Germany GmbH, Headquarters: Friedrichstasse 60, 10117 Berlin, Germany, T: +49-30-200-099-0, F: +49-30-200-099-111, firstname.lastname@example.org; Media Contact: Eva Henkel, T: +49-30-200-099-123, F: +49-30-200-099-111, email@example.com