As in the past decade, Munich is 2016 Germany's most valuable city according to the Börsenliga (Stock Exchange League) which was published on Monday, May 23, 2016 by Simon-Kucher & Partners, Strategy & Marketing Consultants. Bonn, Leverkusen, Dusseldorf and Walldorf traditionally follow the Bavarian capital at places 2-5. However, the Top 10 are relatively stable and there hasn’t been much of a change with the positions of the Top 20.Bochum entered the annually published ranking for the first time at place 17 through the DAX30 company Vonovia (formerly Deutsche Annington) moving its headquarters to the city. Germany’s capital and biggest city Berlin made it to the Top 20 list for the first time.
The Stock Market League of German cities is created each year by the strategy consultancy Simon-Kucher & Partners since 2005. The Börsenliga shows market values of companies listed in the DAX30, MDAX and TecDAX indexes. The companies are levied at a date and assigned to the city where the company is headquartered. Munich also has the most companies (14) that made it to the ranking, followed by Hamburg (10) and Frankfurt (5).
Some of the biggest companies headquartered at the Bavarian capital are BMW Group, Siemens AG, insurance company Allianz SE, Munich Re, Linde, MAN and Wacker Chemie. Munich has the strongest economy of any German city and the lowest unemployment rate of any German city with a population over 500,000 people (the others are Berlin, Hamburg and Cologne). For many years, numerous national and international location benchmark tests have repeatedly given top rankings to Munich as a place to do business. The Bavarian capitals success as a business location is rooted in its economic structure. Virtually all branches of industry that are of significance to the German economy are focal activities in the Bavarian capital.