Attractiveness of Frankfurt am Main as a business location convinces international investors -

The last two years were marked by considerable restrictions and negative effects for the economy worldwide due to the Corona crisis. Despite this development, both FRM GmbH and the Frankfurt Business Development Agency have surprised us with positive figures for the last two financial years.

Eric Menges, President & CEO FRM GmbH, and Oliver Schwebel, CEO Frankfurt Economic Development, can report 42 foreign settlements for the City of Frankfurt for the years 2020 and 2021, which were jointly accompanied and supported by their teams. The focus of the countries of origin was on Japan, China, India and the USA.

"I am very pleased that we actually managed to convince 42 companies of the qualities of Frankfurt as a business location in 2020 and 2021 - and to attract them to the Main from all over the world. Who would have thought such a record possible in view of restrictions caused by the Corona pandemic? But quality continues to prevail in the choice of location. International companies find optimal conditions for their Europe- and Germany-wide business activities in Frankfurt am Main in interaction with the region," says the Chairman of the Supervisory Board of FRM GmbH, Lord Mayor Peter Feldmann, commenting on the positive news.

The chairwoman of the supervisory board of the Frankfurt Economic Development Corporation, Head of the Economic Department Stephanie Wuest, is also pleased with the results of the settlement activities: "The fact that we can present such a strong result for the past financial year was not to be expected given the general conditions. However, it is good evidence of the work of the last few years, which has positioned Frankfurt am Main as a highly attractive location internationally. On the one hand, investors appreciate the high degree of reliability and the associated security of their investments; on the other hand, they are convinced by the good accessibility and the business-friendly climate of our city."

For example, the Japanese medical technology company Asahi Intecc opened a sales office in Frankfurt am Main. Founded in 1976 and listed on the stock exchange at €5.23 billion, the Seto-based company started here with three employees and plans to expand the number of staff to nine soon. The Frankfurt office is the company's first branch in Germany. Asahi Intecc develops and supplies high-quality medical products for catheter treatment. The new corporate headquarters of Ashahi Intecc Deutschland GmbH is located in the Main Airport Center at Frankfurt Airport. This will also further strengthen the rapidly growing Japanese community.

From the USA, the software company Deacom, among others, was able to settle in Frankfurt am Main. The company, headquartered in Pennsylvania, was founded in 1995. Deacom specialises in the development, implementation and support of ERP (Enterprise Resource Planning) systems. This system combines accounting, sales, purchasing, quality control, series production, warehousing, MRO (maintenance, repair and operation) and CRM (customer care) in one IT system. The Frankfurt office is the company's first foreign branch and responsible for the entire European market. Deacom Europe GmbH already employs more than 15 people at Hanauer Landstrasse in the east of city of Frankfurt.