Economic data

Mönchengladbach – the “Manchester on the Rhine” and the heartland of the textile and clothing industry since the 19th century. Still today the city is home to well-known manufacturers of clothing and fabrics such as Alberto, Cinque, Gardeur and van Laack.

In addition to the textile and clothing industry, Mönchengladbach has also gained international significance as a competence centre for mechanical and plant engineering. Then there are the small and medium-sized textile machine engineering companies and supply companies for metal processing and electrical engineering, including some world-renowned full-service providers of leading technologies (SMS Meer, Rhenus Lub etc.). The region’s healthcare industry and its information and communications technology also enjoy a good reputation. Mönchengladbach’s good connections to the international transport network make it a top-performing logistics location.

Well connected

As the largest German city on the left bank of the Rhine, it offers companies favourable conditions: a diverse range of mixed-use, commercial and industrial areas that can be divided according to individual requirements Furthermore, its location – between the Ruhr region and the Rhine on the one hand and the Benelux countries on the other – means that goods can be transported across Germany and the whole of Europe.

The region also has excellent transport connections: Four federal motorways, two major railway stations, its own business airport and the nearby airports of Düsseldorf and Cologne connect to city to the world. Major inland ports (Duisburg, Krefeld, Venlo and Neuss) and seaports (Antwerp, Rotterdam and Amsterdam) are within easy reach.

Labour market development 2011–2020

Source:  Employment Agency, last updated 12/2020

  • Sustained positive employment trend until the onset of the Covid-19 pandemic
  • Unemployment rate had been at 8.4% in December 2019 (10.1% in December 2020)
  • In January 2021, the unemployment rate was at 10.7%, with 15,043 people being out of work

Employment structure in selected industries

Manufacturing sector (total of 12,399 employees)

Trade (total of 16,927 employees)

Economic services (total of 12,875 employees)

Other (total of 27,759 employees)

Source data: Statistic from the Federal Employment Agency
Employees subject to social security contributions(SvB) at the location (AO)
Düsseldorf, February 2021

Jobs created and secured with WFMG involvement 2016–2020

In 2020, WFMG successfully supported a total of 60 companies, including 11 new settlements, 26 safeguardings of existing businesses, 12 expansions/relocations and 11 start-ups.

Public spaces sold between 2015 and 2020