The market of international brands
Germany is the largest economy in the European Union and the fourth largest in the world after the USA, China, and Japan. The German economy is highly innovative and focuses on exports, with a number of well-known international brands including Volkswagen, Mercedes, BMW, Adidas, Siemens, and Deutsche Bank. The German economy also houses a large portion of specialised small-to-medium sized businesses, and oversees the fast growth of many innovative start-ups.
These accolades, coupled with Germany’s stable trading economy, offers a highly developed political and economic framework for companies looking to do business in Germany. Germany’s position in the European Union also opens a diverse broad European market for Germany businesses. International businesses can enter the German and European market with the use of a PEO or EOR model.
With capacity as a Germany PEO, Procorre Global can provide a cost-effective, transparent and quick route for international businesses to hire staff in Germany, and start benefiting from this country’s unique economy.
The German Market - Did you know?
- Germany is particularly famous for its Automotive market, creating leading brands such as Volkswagen, BMW, Porsche, Mercedes-Benz, Audi and more
- The engine of the German economy is fuelled by small-to-medium businesses, with 99% of German businesses in this category. This is know as the Mittelstand Model
- Germany has the largest population (83.02m) of any EU member state
- The German language is the most widely used language in the European Union, with Austria, Belgium and Luxembourg also using it as their official language
- Germany is a mixed economy, with strong public services including healthcare, insurance and education provided
Additional Reading
Germany PEO Services
The market of international brands
Germany is the largest economy in the European Union and the fourth largest in the world after the USA, China, and Japan. The German economy is highly innovative and focuses on exports, with a number of well-known international brands including Volkswagen, Mercedes, BMW, Adidas, Siemens, and Deutsche Bank. The German economy also houses a large portion of specialised small-to-medium sized businesses, and oversees the fast growth of many innovative start-ups.
These accolades, coupled with Germany’s stable trading economy, offers a highly developed political and economic framework for business’s looking to do business in Germany. Germany’s position in the European Union also opens a diverse broad European market for Germany businesses. International business’s can enter the German and European market with the use of a PEO or EOR model.
With capacity as a Germany PEO, Procorre Global can provide a cost-effective, transparent and quick route for international business’s to hire staff in Germany, and start benefiting from this countries’ unique economy.
The German Market - Did you know?
- Germany is particularly famous for its Automotive market, creating leading brands such as Volkswagen, BMW, Porsche, Mercedes-Benz, Audi and more
- The engine of the German economy is fuelled by small-to-medium businesses, with 99% of German businesses in this category. This is know as the Mittelstand Model
- Germany has the largest population (83.02m) of any EU member state
- The German language is the most widely used language in the European Union, with Austria, Belgium and Luxembourg also using it as their official language
- Germany is a mixed economy, with strong public services including healthcare, insurance and education provided
Additional Reading
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