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Hamburg, Germany News About Hamburg, Germany Economically and culturally Hamburg is the center of Northern Germany. The region has well-developed transportation networks, business and technical facilities. Hamburg is connected by four motorways and is the most important railway junction on the route to Northern Europe. Hamburg has two Airports. The most significant economic basis for Hamburg is the harbour, which ranks 2nd in Europe and 9th worldwide with trans-shipments of 9 million standard container units (TEU) and 115 million tons of goods in 2004. International trade is also the reason for the large number of consulates in the city. Although situated 90 kilometres up the Elbe, due to its ability to handle sea ships it is considered a sea harbour. Hamburg is also an important location of the civil aerospace industry worldwide. Airbus, which has one of its two assembly plants in Hamburg, and related companies employ over 30,000 people in or near the city. Other important industries are media businesses (the most important publishing companies, national newspapers and magazines and Internet businesses of Germany). Heavy industry includes the making of steel and aluminium and copper plant. Hamburg has a good number of shipyards. Hamburg is a very wealthy city. Hamburg is the second wealthiest city of the European Union after London. There are over 100,000 registered with the city's Chamber of Commerce and over 10% of Germany's top 500 companies are located in Hamburg. The city generates 4% of German GDP, and its per capita GDP is €44,500. Other Major Cities:
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