The growth of Krefeld into a large city with approx. 235,000 inhabitants as well as a high-performing business and industrial location is inseparably linked to the textile industry. The relocation of textile production, especially to the Far East, triggered a massive structural change as early as the seventies of the last century.
Although the proportion of jobs in the services sector has since increased significantly, Krefeld is still a strong production centre today. Large and well-known companies in the chemical, stainless steel production, metal processing and mechanical engineering sectors still generate more than 40% of its gross added value.
An equally strong service sector, and innovative and broadly based skilled labour, as well as creative industries, logistics and many other areas, make up a strong mix of industries in Krefeld.