Advantages of this Location

The region is a very popular location. Regardless of economic, social, or cultural factors, the administrative district of Greiz has been creating and continues to create ideal conditions for further development. This can be proven by the following:

The region has a long tradition in and focuses on the areas of biomedical sciences, chemical and food industries, rubber and synthetic products, air conditioning technology, engineering, furniture production, optical industry, etc.
An excellent network of educational and research institutions, including an internationally renowned practical research institution specialised in textile research.
A multitude of innovative and successful entrepreneurs
High degree of satisfaction of the entrepreneurs with the location
Well-trained workforce, highly motivated, flexibile regarding working hours
Lower wage level compared to other German states
Low tax rates
Availability of financial aid for businesses
Favourable location in central Germany (proximity to large urban areas such as Leipzig-Halle, Southwest Saxony and the High Tech/Bioregio location Jena) close to central and eastern European states
Availability of land
Versatile and rich culture
Various sports and recreation facilities