Economy –
a great place for business
Economy
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About the WFM
Münster is the largest city and the most important location for work in the region. Münster’s economy has grown steadily over the years, and the city enjoys high rates of employment, making Münster one of Germany’s most prosperous regions. In a ranking of cities, Münster is among the top 15 major cities in Germany in terms of living and working. Thanks to its broad and highly innovative economic base, Münster has largely remained untouched by any crisis in the past 50 years. Its economy shows great stability, despite the challenges of corona and the energy crisis caused by the Russia-Ukraine war.
The city of Münster has about 40 business, trade and industrial areas. Alongside many small and medium-sized firms, Münster is also home to larger companies such as the insurance firm LVM, BASF Coatings, Brillux, Westfalen AG, Hengst, and Agravis. Overall, though, Münster’s economic landscape is dominated by small and medium-sized businesses.