Saxony And Dresden At A Glance

Dec. 21, 2004
Location -- The German state of Saxony lies in the southeast corner of the former German Democratic Republic, bordering on both the Czech Republic and Poland. Dresden, its capital, sits on a bend in the Elbe River, 75 miles north of Prague and 80 miles south of Berlin. Population -- Saxony, 4.6 million people. Dresden, 480,000, about the size of Long Beach, Calif., New Orleans, or Oklahoma City. Labor force -- Dresden's jobless rate was 16% in 1997, Germany's 9.9%. Economy -- Saxony's gross domestic product is about $68 billion. Manufacturing accounts for 37%. Major investors -- In addition to Siemens AG and Advanced Micro Devices Inc., major investors in Saxony are Dow Chemical Co., Case Corp., Philip Morris Cos. Inc., Daimler-Benz Aerospace, Volkswagen AG, Takata Corp., Bayer AG, and Sumitomo Rubber Industries.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!