July 2022
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Dear Readers,

Even in challenging times there is a lot of good news to report from Hessen.

In May, the new Consul General of the Republic of Korea in Frankfurt, Kyungsok Koh, and Consul Jae Jeong Lim visited HTAI in Wiesbaden. At this inaugural visit, we discussed the economic relations between the Republic of Korea and potential cooperation projects for future. The Korean business community in Hessen is the largest in Germany and the companies and people are not just contributing to our economic strength and prosperity, they are also enriching our cultural landscape. Just recently, the KPOP.flex, Europe's first K-pop mega festival, took place in Frankfurt attracting an audience from far beyond the Hessian borders.

Moreover, in this edition of our newsletter we would like to highlight exciting new developments such as the establishment of an AI innovation laboratory at the Hessen Center for Artificial Intelligence in Darmstadt, and new investments in the existing Volkswagen site in Baunatal which will position Hessen as a leading hub for the implementation of the Group´s EV strategy. We are welcoming newcomers such as Sweden-based MedTech multinational Getinge which recently inaugurated an Experience Center in Frankfurt as well as the US-based data center operator Cloud HQ planning their German headquarters in Offenbach. In Eastern Hessen, the town of Burghaun has been selected as the location for one of the largest plants for the production of bio-liquefied natural gas worldwide and will thus become an essential part of the decarbonization of heavy-duty traffic in Germany.

Additionally, we present you the success story of Eli Lilly, an US company which opened their German headquarter in Hessen already in 1960.

Last but not least, I would like to recommend our newly published brochure “HESSEN & FRANKFURT: Your business location in healthcare“.

I wish you interesting reading.

Dr. Rainer Waldschmidt

Chief Executive Officer
Hessen Trade & Invest

Developments in Hessen

New Consul General of the Republic of Korea visited HTAI

On May 17, the new Consul General of the Republic of Korea in Frankfurt, Kyungsok Koh, and Consul Jae Jeong Lim visited HTAI in Wiesbaden.

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Data center operator Cloud HQ plans German headquarters in Offenbach

The US-based data center operator Cloud HQ is currently building one of the largest data center complexes in Europe in the city of Offenbach.

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Getinge opens Experience Center in Hessen

On May 9, Sweden-based MedTech multinational Getinge inaugurated an Experience Center in the Gateway Gardens district near Frankfurt airport.

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Volkswagen invests EUR 1.2 Bil. in its Bauntal/Kassel EV component plant

The worlds second largest car manufacturer announced the expansion of its key component plant in Northern Hessen.

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One of the largest production plants for of bio-liquefied natural gas is being built in the Eastern Hessian town of Burghaun

The facility will be built on a 12,500 square meter commercial site that the municipality sold to Reefuelery GmbH earlier this year.

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A Hessian-American Success Story

Interview with Oliver Stahl, Head of Corporate Affairs at Lilly Deutschland GmbH

Lilly, founded in 1876, is a global, research-based pharmaceuticals company. Since 1960, their German headquarters is located in Hessen. In our Interview with Oliver Stahl, Head of Corporate Affairs at Lilly Deutschland GmbH, we talked about the advantages they gain from being located here over the decades.

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Meet our Hessen Experts at these Events:

20. Jun - 30. Sep 2022

Smart & Technical Textiles - Matchmaking Sessions and Expert Talks

Find out more here.

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09. Sep 2022

German-Polish Business Meeting in Frankfurt, Main

Find out more here.

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How We Can Help You

Advisory Services

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Your Founding Process

Your Expansion in Hessen

Imprint

Hessen Trade & Invest GmbH
Konradinerallee 9
65189 Wiesbaden
Phone +49 611 95017 8641
info@htai.de

Concept, text and editing
Fabienne Privat (responsible according to German Press Law)

CEO:
Dr. Rainer Waldschmidt

Chairman of the Supervisory Board:
State Secretary Dr. Philipp Nimmermann

Register Court:
Wiesbaden Municipal Court:
HRB 26657
VAT ID No. DE285787703

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