With the Rhine-Main region, Hesse has one of the strongest economies in the country and, thanks to its central location, is considered a German logistics hub. Frankfurt/Main is the financial centre of the Federal Republic par excellence, Frankfurt Airport is one of the largest airports in Europe and many a market leader has its headquarters in the vicinity of the Main metropolis. The presented companies belong to the largest companies in Germany.
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1. Fresenius SE & Co. KGaA, Bad Homburg v.d.H.: 36.3 billion euros in sales
Fresenius is Germany’s largest medical technology and health care group with more than 311,000 employees. The history of the Group dates back to a Frankfurt pharmacy in the 15th century. The company in its present form was founded in 1912. The Fresenius family still holds a significant stake in the company. Fresenius is the largest private hospital operator in Germany. This is represented by the business segment Fresenius Helios with its Helios Kliniken. Associated with the Group is Fresenius Medical Care AG & Co. KGaA, a leading dialysis specialist. Other important Group subsidiaries are Fresenius Kabi (infusion and nutrition therapies) and Fresenius Vamed (health-related consulting).
2. Deutsche Bank AG, Frankfurt/Main: 1.325 trillion. Euro total assets
Deutsche Bank has been the German banking market leader for more than 100 years. Founded in Berlin in 1870, the institution was rebuilt after World War 2 with its headquarters in Frankfurt. It is the only German financial institution among the 25 largest banks in the world. Deutsche Bank is a retail, corporate and investment bank with a nationwide branch presence – especially in large and medium-sized cities. The Postbank brand stands for the retail business. The formerly independent Postbank was fully integrated in 2020. The Deutsche Bank Group includes, among others, the fund company DWS Investment, the asset management Bankers Trust Company, BHW Bausparkasse and the direct bank Norisbank.
3. Heraeus Holding GmbH, Hanau: 31.5 billion euros in revenue
Isaac Heraeus took over a pharmacy in Hanau in 1660. Over the course of several centuries, this has evolved into a highly specialized technology group with nearly 15,000 employees. The business model is based on the production and processing of precious and special metals, medical technology, quartz glass, sensors, and specialty light sources. Customers include many industrial sectors, including the chemical and pharmaceutical industries, the electrical, consumer goods, and automotive industries, photovoltaic manufacturers, and medical technology companies. Heraeus Holding acts as the corporate umbrella for numerous subsidiaries. Heraeus continues to be family-owned and is one of the largest family-owned companies in Germany.
Image source: ian dooley via Unsplash
