Where the period to the mid 1970s was characterised by mining and steel making, economic development today is largely supported by modern industrial companies and services. Since the mid 1980s a clear trend has seen the service sector establish itself as the largest employer. Despite this, modern, competitive manufacturing companies continue to generate 50 percent of local turnover - with an export share that is unusually high, even by the standards of the region: well over 50%.
Herne has a high-performance corporate landscape - around 5,000 companies already utilise the location advantages that the city has to offer. Major companies and SMEs alike all benefit from the favourable conditions for production, services, trading and the crafts. In a converging Europe companies exploiting the central location of Herne enjoy positive conditions for services, manufacturing industry, trading and the crafts. Companies investing in Herne also benefit from the special subsidies that Herne is allocated in the scope of joint initiatives of the state and federal governments to improve the regional economic structure. Further subsidies are also available from the regional aid of the EU: Herne is an Objective 2 area.
The varied research and transfer landscape of the Herne area includes no fewer than three university sites: Bochum, Dortmund and Essen are less than 25 kilometres away. In addition to the transfer opportunities, this also provides an interesting workforce offer. Several thousand students graduate from the universities and further education institutions of the region each year. The nearby development, research and consulting establishments also guarantee rapid assistance and support for corporate development.
Significant market potential and excellent infrastructure make Herne an attractive destination for companies and founders to settle in. A diverse range of market opportunities is guaranteed not only by the population of Herne itself, but also by the 800,000 residents of the neighbouring towns. An excellent autobahn network and airports in close proximity ensure convenient transport connections within Germany and to other European countries. Herne-based companies can be reached by customers and suppliers via the A43 autobahn in a north-south direction and the A2, A40 and A42 in an east-west direction. Dortmund’s regional airport (just 30 minutes by car) links Herne to destinations within Europe, and Düsseldorf airport (only 40 minutes by car) provides global connections.
Herne features a wide range of attractive commercial properties, providing a broad scope for entrepreneurial initiative. For example, at the Schloss Grimberg site space is currently being created for logistics companies, services and SMEs. With the intermunicipal Last Mile Logistics Network project, launched by the towns of Gelsenkirchen, Herne and Herten, a new network is being created for innovative products and services on the "last mile", including the 170-hectare Last Mile logistics park. A wide range of properties at competitive rates include tailor-made premises for all types of businesses. In recent years, the Herne Business Development Agency’s innovation and industrial centres (IGZ Herne) have proved to be successful starting points for commercial businesses and future-oriented companies. Joint facilities and a wide range of information and advisory services support the centres’ users during their start-up and expansion phases.
Herne offers a wide range of recreation, leisure, education and cultural activities, which make it an attractive city not only to work, but also to live in. The city features a large number of cultural, sports and leisure facilities, excellent educational institutions and schools, attractive shopping facilities and homogeneously grown residential areas in its districts. The Cranger fun fair is the largest of its kind in North Rhine-Westphalia and attracts around 4 million visitors every year.