Hamburg's Growing Relationship with Japanese Companies and Focus on Hydrogen
Key Ideas
- Japanese companies, including Olympus, have established a strong presence in Hamburg, creating around 6,000 jobs and contributing significantly to the region's economy.
- Hamburg is a hub for industries like logistics, life sciences, and renewable energies, with a focus on wind energy and hydrogen as key areas of interest.
- There is a growing interest from both Japan and Germany in decarbonizing industry through green hydrogen, with positive feedback from Japanese companies on investment opportunities in northern Germany.
- Japanese founders are also making their mark in Hamburg, with companies like Tsubame BHB entering the Scaleup Landing Pad Hamburg to launch innovative solutions like a decentralised production system for ammonia.
In Hamburg, a thriving relationship between Japanese companies and the city has emerged, with Olympus Europe GmbH becoming the largest Japanese employer in the Hamburg Metropolitan Region. Hamburg's appeal lies in its strong interfaces with various industries, including logistics, life sciences, and renewable energies. The focus on wind energy and hydrogen has sparked interest from both Japan and Germany in transitioning towards greener practices. Hamburg Invest, along with HY-5, is actively involved in the green hydrogen market development, with positive reception from Japanese investors. The city is also becoming a destination for Japanese founders, as seen with Tsubame BHB's entry into the Scaleup Landing Pad Hamburg with an innovative ammonia production system. Overall, the collaboration between Hamburg and Japanese entities signifies a positive step towards sustainability and innovation in the region.