Economic & industrial structure

Finance and insurance sector

Hannover is one of the most important centres in the German insurance sector.

Major nationwide companies such as Talanx AG, Hannover Rück SE, VHV Group, VGH Versicherungen, Concordia insurance group and Mecklenburgische Versicherungsgruppe are all headquartered here. Likewise, in the banking sector big names include Nord/LB and Deutsche Hypothekenbank. With a balance sheet total of over €14 billion, Sparkasse Hannover is one of the biggest public financial institutions. Hannover is home to Lower Saxony’s stock market and a branch of the German Central Bank. The growth rate is around 8.5% – with approximately 2,000 new jobs, the industry represents a major employer.

Economic & industrial structure

Healthcare sector

With a workforce of over 66,000 and 7,000 more jobs since 2010, the healthcare sector is the flagship for growth.

Economic & industrial structure

Automotive industry

The high skill level in the construction of commercial vehicles has made the Hannover region an international centre for the automotive industry with over...

Nord LB

Economic & industrial structure

Finance and insurance sector

Hannover is one of the most important centres in the German insurance sector.

Advice

Economic & industrial structure

Information and communications sector

Digital information and communication technologies (ICT) are major crossover technologies used everyday in almost every sector.

Tischlerei

Economic & industrial structure

Trade industry

Important to the building industry, healthcare and personal hygiene, cleaning and metal: unlike the other key sectors, the trade sector is not a self-cont...