Frankfurt Rhein Main is an attractive business location both for startups, scaleups or big corporations. Over the last years more than 1,100 international companies have settled here…but what happened in 2020? Find here a list of companies that relocated, opened new European HQ, or expanded international operations in our region.
Let´s start with the most easy ones, some Tech Giants that recently we wrote about. Big names opening branches or new offices in our region, such as Google or Starlink, also we wrote during summer about the possibility of Tik Tok settling European base here, or as well Coinbase.
Together with the big sharks came as well a lot of startups, such as the project that focus on Tokenizing assets and shares for legal entities in Liechtenstein, Amazing Blocks, that joined TechQuartier in November.
Or other example, we also covered the story of Untap’d , an Indian startup that launched its operations in Europe Frankfurt, Germany to help create a global system of connected vehicles, with the support of Mainstage Incubator.
More additional stories that we highlighted:
- UK FINTECH firm Total Processing that secured £5m and accelerated international growth opening an office in Frankfurt
- HighRadius that continued European Expansion with opening of Frankfurt, Germany Office
- The French AGICAP that scaled from Lyon to Frankfurt
- UL that expanded Frankfurt Laboratory to Advance Electric Vehicle Charging Safety
- Dermapharm Holding SE — subsidiary axicorp GmbH that plwned for new building near Frankfurt am Main
- Ouster Lidar that raised $42 Million Series B Funding to accelerate Digital adoption in places like Frankfurt
- Beercoin that left Bavaria to join Bankfurt
- or Xperience Plus, a brand from eXolve Ltd in UK, that set activities in Germany in Frankfurt
Even during this pandemic times, the ecosystem was quite active and kept bustling, and in a press released published earlier this quarter, Eric Menges, Managing Director of FrankfurtRheinMain GmbH International Marketing of the Region, confirmed it and reported that international companies perceived FrankfurtRheinMain as a business location that coped with pandemic challenges comparatively well: “Of course, 2020 is not a year like any other for us either. Nevertheless, we are pleased to note that the high level of interest from international companies in the region continues. “
The number of real estate inquiries that the FRM GmbH team processed this year has even increased. Already in the third quarter, the number of real estate searches from companies interested in relocating here exceeded the total number for 2019. The demand for commercial real estate came primarily from companies in the USA and Japan.
Examples of international companies that relocated to our region in 2020 (with the support of FRM Gmbh), includes for example:
- British media planner and outdoor advertising specialist Talon Outdoor
- The publicly listed, Amsterdam-based metallurgy corporation Advanced Metallurgical Group
- The US logistics specialist 6 River Systems
- Svolt Energy Technology Co., Ltd., a subsidiary of Chinese car manufacturer Great Wall
- US-based software company Deacom
- LONGi Green Energy Technology Co. Ltd. is one of the six largest Chinese producers of photovoltaics.
- KAM Projects Consultants, a leading independent business delivering construction project management and cost consultancy in the United Kingdom
- Accord Global Technology Solutions Pvt. Ltd, an Indian company that specializes in the development of software solutions and software consultancy with a focus on the aerospace and automotive industries
- The leading Chinese railway vehicle manufacturer CRRC Zhuzhou Electric Co. Ltd
- Swedish IT specialist Netlight Consulting
- Tencent Cloud Europe GmbH, a subsidiary of Tencent Holding Ltd.
Last but not the least, we should mention the Brexit effect, where Banks relocating to Germany are expected to create 2.500 jobs, most of them in Frankfurt.
As the year is closing, we are glad to outline that although 2020 pandemic crisis is sadly affecting a lot of businesses and regions worldwide, FRANKFURT RHEINMAIN REGION REMAINS ATTRACTIVE FOR INTERNATIONAL COMPANIES, and there were multiple success stories of newcomers and expansions this year that is ending.
Frankfurt Rhein Main attracted multiple international companies in 2020 was originally published in FrankfurtValley on Medium, where people are continuing the conversation by highlighting and responding to this story.