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This blog article is inspired by our list of the most important companies in Germany, which also covers the largest companies in Munich. It provides you with comprehensive insights into the most important players in Munich’s economy. In addition to current revenue and employee figures, you will also find valuable information on industry focus, executives, and contact details. The data is conveniently available as an Excel file for direct download.
BMW AG is the Largest Company in Munich in 2025
BMW AG, headquartered at Petuelring in Munich, is in 2025 – based on the exclusive ResearchGermany list of the highest-revenue Munich companies – the largest company in the Bavarian capital. According to the BMW Group Annual Report 2023, the company generated revenue of €155.5 billion in fiscal year 2023. This puts BMW well ahead of other major Munich-based corporations such as Siemens, Siemens Energy, Munich Re, or TRATON.
Why BMW is the Industry and Location Leader
- Global presence: BMW sells its vehicles in over 140 countries and has a dense network of production and assembly plants on almost every continent.
- Diverse product portfolio: In addition to its core brands BMW, MINI, and Rolls-Royce, the company is also a leader in motorcycles and is investing heavily in electromobility.
- Strong growth: The increase in revenue from €142.6 billion (2022) to €155.5 billion (2023) demonstrates the group’s innovation and market strength.
- Major employer: With nearly 155,000 employees worldwide, BMW is also one of Germany’s largest employers.
Comparison with Other Munich Corporations
The following table shows the revenue and employee figures of the largest companies based in Munich in 2023 in direct comparison – based on ResearchGermany data:
| Company | Revenue 2023 (€m) | Revenue 2022 (€m) | Employees 2023 | Industry |
|---|---|---|---|---|
| BMW AG | 155,498 | 142,610 | 154,950 | Automobile Manufacturer (Cars, Motorcycles) |
| Siemens AG | 92,305 | 89,010 | 327,000 | Technology, Industry, IT |
| Siemens Energy AG | 53,868 | 38,254 | 99,000 | Energy and Electrical Engineering |
| TRATON SE | 46,872 | 40,335 | 105,674 | Commercial Vehicles, Trucks & Buses |
| Munich Re AG | 32,018 | 31,550 | 42,812 | Insurance, Reinsurance |
Conclusion
With revenue of over €155 billion in 2023, BMW AG is by far the largest company in Munich. The automobile group not only asserts itself in international competition but is also a key economic driver for the Bavarian capital. Siemens, Siemens Energy, TRATON, and Munich Re follow at a significant distance.
Image source: Getty Images, 03.09.2026
Last Updated on 5 months ago
