FDI
Join the Growing Number of British Companies in Germany
The number of British companies setting up in Germany increased by 20 percent to surpass China as a source of investment projects in 2022.
British companies are increasing their investments in the German market. Over the past decade the number of annual projects has more than doubled. In 2022 a total of 170 investment projects worth over EUR 750 million were committed to the German market, marking the second highest level of all time. Only 2019 surpassed this level, which was driven by companies de-risking for the post-Brexit business environment. Now the UK comes in third behind only the USA and Switzerland.
British companies are setting up legal entities within the EU to continue seamless operations from inside and outside the EU legal framework. More British small and medium enterprises (SMEs) are setting up in Germany than ever before. Large companies tend to already have multinational structures in place, but GTAI assists companies of all sizes.
Recent investments
The largest investment in 2022 was by retail giant Frasers Group, which is setting up a hub in Bitburg to serve central Europe and investing EUR 300 million and hiring 800 employees at the site. Additionally, Huboo, another company in the e-commerce space, set up in Leipzig. British company Mura Technology is joining forces with US-based Dow in the field of chemicals recycling at their site near Leipzig. Proton Motor Fuel Cell as well as digital printing and branding studio THEMPC both chose the Munich area for their investments.
For details on recent trends in foreign direct investment, visit GTAI's FDI Reports website.
