Brandenburg in the upswing: Tesla catapults us to the top!

Brandenburg in the upswing: Tesla catapults us to the top!

Oberspreewald-Lausitz, Deutschland - What is going on in Brandenburg? The state impresses with an outstanding record in the "Future-Atlas 2025". According to the Tagesspiegel has taken Brandenburg first place under all East German countries. Prognos AG has evaluated the economic and social development of a total of 400 land and city districts in Germany, and the result could hardly be better for Brandenburg. The eastern Brandenburg in particular made a remarkable jump through massive investments, for example through the Gigafactory of Tesla in Grünheide.

The gigafactory plays a key role in this upswing. Brandenburg's economic situation is improving, which is expressed in a spraying interest in the region. Tesla has not only boosted local economic growth, but also increased the total number of jobs in the region to over 12,000. In the first half of 2023, Brandenburg recorded the largest economic growth of all federal states with an increase of 6.0 percent compared to the previous year, clearly led by the automotive industry, such as the Capital reported.

economic upswing through investments

The expansion of vehicle production in Brandenburg not only had positive effects on the gross domestic product (GDP), but also formed a value chain because more and more suppliers are being based in the region. Despite general difficulties in other federal states, Brandenburg shows that things can go differently. While the economy shrinks by 0.3 percent in 2023, the industry in Brandenburg is flourishing thanks to the "Tesla effect", which ensured that the gross value creation in the processing is over 13 percent.

But not only the vehicles have it all. The pastilles of the progress engines in Brandenburg are also the structural funds as part of the coal phase -out and the new airport in Berlin, which offer the region additional perspectives. Brandenburg's Minister of Economic Affairs Daniel Keller (SPD) sees in these developments a strong signal for the future of the federal state and emphasizes that Brandenburg is the economic inspector in East Germany.

risks and challenges for the future

However, there are also challenges that should not simply be ignored. There are clear differences in the evaluation of the future opportunities. Six of the 18 counties and four independent cities have balanced future opportunities, while in areas such as Prignitz and Uckermark there are high risks. This differentiation illustrates that despite the positive development in the outskirts of the city, not all regions are prosperous.

A comprehensive investigation of the Tagesschau shows that East German economy is expected to grow more than the overall German economy in 2024 and 2025 Service sector and increasing purchasing power, especially with higher pension adjustments and a market that is geared towards growing internal consumption. But it remains to be seen whether these developments will remain stable in the long term or whether they are incorporated into unforeseen risks.

Brandenburg has done a lot right in recent years and continues to grow on growth through strategic investments and innovations. The question that concerns us all: Can this economic boom be maintained? In any case, the country remains a hot candidate for future developments and will certainly continue to be the focus of economic policy.