Advantages of Business Succession in Sachsen-Anhalt
Sachsen-Anhalt has a large number of universities and colleges that produce many qualified skilled workers every year. Many of these institutions have also specialized in fields like energy, chemistry, and mechanical engineering, which are relevant to industry. There is also good cooperation between business and academia to support research into new technologies.
Sachsen-Anhalt also offers a wide range of support programs for companies, which can help with succession. The state also has good infrastructure, with modern roads, railways, and waterways. It also has several airports and, thanks to its proximity to Berlin and Leipzig, is well connected to the European road and rail network. Compared to other German states, Sachsen-Anhalt has significantly lower living costs, which allows companies in Sachsen-Anhalt to produce and grow affordably — particularly relevant for a business after a generational change.