Who we are and What we do
The Saxony Economic Development Corporation (WFS – Wirtschaftsförderung Sachsen GmbH) was founded in 1991 as a state-owned enterprise of the Federal State of Saxony and has been active in three key fields since that time. The WFS promotes Saxony as a business location and advises potential investors comprehensively from the initial idea all the way to the implementation of their relocation projects.
In addition, the WFS assists Saxony’s companies in achieving their export goals and initiates cooperations with companies located outside of Saxony. The objective is to open up new international markets for Saxony’s business community and to create new jobs in Saxony.
In other words: The Saxony Economic Development Corporation builds bridges. Between Saxony’s companies and foreign customers, between enterprises looking for investment opportunities and the regions and municipalities of the Federal State of Saxony.
An important foundation for the effective work of the WFS is its strategic orientation towards Saxony’s key industrial branches. Identifying the relevant technological trends early on and integrating them into its locational and sales promotion measures represent a field of competence which the WFS has been focusing on for several years now.