Economic Region of Central Saxony
Within a radius of 50 km around TU Bergakademie Freiberg, the region with approx. 1.8 million inhabitants is densely populated and highly industrialised. Many of the successful industries derive their origins directly from the connection with mining and metallurgy and are therefore in a special connection with TU Bergakademie Freiberg. Important branches of industry in the Central Saxony economic region are:
- Automotive and supply industry
- Mechanical engineering and plant construction
- Semiconductor industry
- Materials production and processing
- Material and raw material recycling
- Geotechnics and mining
- Solar and energy technology
A special characteristic of the regional economic structure is its medium-sized character. The predominant part of the economic and innovation performance is realised by small and medium-sized enterprises (SMEs), whereby numerous "hidden champions" are regarded as world market leaders in their field. Only 1.6% of Saxon enterprises employ more than 500 people. This corresponds to less than half of the national average.
The region's high density of scientific institutions focusing on the MINT subjects (mathematics, information technology, natural sciences, technology) is decisive for its technological and innovative strength. In the regional environment of TU Bergakademie Freiberg there are two further technical universities, two universities of applied sciences as well as twelve Fraunhofer Institutes, three institutes of the Leibniz Society, three institutes of the Max Planck Society and two Helmholtz institutions. The individual institutions complement each other in terms of content and successfully cooperate with each other and with the Saxon economy.