March 2024
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Dear Readers,

You may have heard about the European Union’s recent decision to locate its new Anti-Money Laundering Authority (AMLA) in Frankfurt. The new authority will work together with the European Central Bank at one place in Frankfurt to boost the european financial system. I think this news says a lot about our state as continental Europe’s primer financial center. The city’s strategic location at the heart of Germany and Europe, its large pool of professional talent make it an excellent choice for the EU’s new enforcer in the fight against money laundering and terrorism financing.

I invite you to learn more about AMLA and these other recent developments in the state of Hessen:

Volkswagen will produce hydrogen for aluminum smelting at its Kassel plant in Baunatal starting in 2025 – a first for the company and the automotive industry.

Crane Worldwide Logistics is expanding its footprint in Frankfurt, opening a new warehouse in Ginsheim-Gustavsburg, close to Frankfurt Airport.

Chery, one of China’s leading carmakers, begins a major expansion of its development center in Raunheim near Frankfurt.

Sandbox VR, a virtual reality startup, is opening ten new locations across Germany, promising job growth and investment in the state.



I hope you find these updates useful. If you have any questions or are interested in Hessen as a location for your business, please don’t hesitate to contact us. We’d be happy to assist you in whatever way we can.

Dr. Rainer Waldschmidt

Chief Executive Officer
Hessen Trade & Invest

Developments in Hessen

Frankfurt chosen as home for new EU Anti-Money Laundering Authority

The city has been selected as the headquarters of the European Union’s new Anti-Money Laundering Authority (AMLA), marking a significant development for Europe’s financial sector.

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Volkswagen to produce hydrogen in North Hessen

In a pioneering step towards sustainable energy, Volkswagen will produce hydrogen at its Kassel plant in Baunatal starting in 2025.

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Crane Worldwide boosts Frankfurt’s logistics landscape with new warehouse

Crane Worldwide Logistics has expanded its footprint in Germany, opening a new 4,050 sqm warehouse in Ginsheim-Gustavsburg, close to Frankfurt Airport.

read more

Leading Chinese automaker begins major expansion of development center in Hessen

Chery’s initiative in Raunheim underscores the automobile manufacturer’s commitment to innovation and economic development in Hessen and Europe.

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Sandbox VR drives innovation and job creation in Central Hessen and beyond

Virtual reality startup Sandbox VR is opening more locations across Germany, promising job growth and investment.

read more

Meet our Hessen Experts at these Events:

05. Nov - 07. Nov 2024

SMART CITY EXPO WORLD CONGRESS 2024

Smart City Expo World Congress is the world’s biggest and most influential event for cities and urban innovation.

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26. Nov - 29. Nov 2024

BIG 5 GLOBAL 2024

Big 5 Global is the largest and most influential trade fair for the construction industry in the MENA region.

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30. Nov - 08. Dec 2024

ARTIGIANO IN FIERA 2024

The Artigiano in Fiera is a huge trade fair which brings together artisans from various corners of the globe.

read more

Your services in Hessen

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Imprint

Hessen Trade & Invest GmbH
Mainzer Straße 118
65189 Wiesbaden
Phone +49 611 95017 8641
info@htai.de

Concept, text and editing
Jonas Winkler (responsible according to German Press Law)

CEO:
Dr. Rainer Waldschmidt

Chairman of the Supervisory Board:
Umut Sönmez

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

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