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State Development Corporation of Thuringia (LEG Thüringen)

Dept. Investment, International Business and Cluster Promotion

Mainzerhofstraße 12
99084 Erfurt
Phone: +49 (0) 361 5603-450
Fax: +49 (0) 361 5603-328
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Despite difficult conditions: Thuringia attracts many investments

Before we start the new year with fresh momentum, let's take a look back at the results of 2022. Despite the difficult situation worldwide due to war, the energy crisis and restrictions still caused by the pandemic, Thuringia was able to achieve good successes last year in attracting new companies or expanding existing ones and thus creating jobs.

In total, 35 companies have invested 614 million euros and secured or created over 2,600 jobs. These include major investments such as the Premium Hotel in Oberhof or the expansions of the companies Marquardt and N3 (all in this issue), but also many other projects with investments in innovative industries, research projects or with a focus on energy efficiency, energy saving and decarbonization of processes and products. The investors are companies such as Desay SV Automotive (development center for prototype vehicles and 3D antenna measurement chamber), IBMiX (software development) and Papacks (plastic-free packaging), to name just a few. "Thuringia has held its own in international competition even under difficult conditions," explains Dr. Arnulf Wulff, head of department. "Our locational advantages have tipped the scales in many cases, including Thuringia's unique favorable location, its high level of technological expertise in business and research and, last but not least, its high quality of life, which is becoming increasingly important in times of a shortage of skilled workers."

The premium industrial area "Erfurter Kreuz" in Arnstadt.

The premium industrial area "Erfurter Kreuz" in Arnstadt. Photo: LEG Thüringen, Photographer: Heiko Wagner, Erfurt