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==Economy== [[File:D medienhafen.jpg|thumb|[[Rheinturm]] and [[Frank Gehry|Gehry]]-buildings ''[[Der Neue Zollhof]]'' in [[Düsseldorf-Hafen|Hafen]]]] [[File:Düsseldorf Königsallee.jpg|thumb|Königsallee in [[Düsseldorf-Stadtmitte|Stadtmitte]]]] [[File:Duesseldorf Immermannstr bilingual streetname.jpg|thumb|Since 2021 the central street Immermannstraße has bilingual (German/Japanese) signs.]] Düsseldorf has become one of the top [[telecommunications]] centres in Germany. With two of the four big German providers of mobile frequencies, [[Vodafone|D2 Vodafone]] and [[E-Plus]], Düsseldorf leads the German [[mobile phone]] market. There are many foreign information and communication technology companies in Düsseldorf such as [[Huawei]], [[Nippon Telegraph and Telephone|NTT]], [[Ericsson]], [[Oppo]], [[Vivo (technology company)|Vivo]] and [[Xiaomi]].<ref>{{Cite web |title=Strengthening the IT and digital location: Three Chinese tech corporations move to North Rhine-Westphalia |url=https://www.nrwinvest.com/en/about-us/press/detail/news/detail/News/strengthening-the-it-and-digital-location-three-chinese-tech-corporations-move-to-north-rhine-westp/ |access-date=8 June 2020 |website=www.nrwinvest.com |language=en |archive-date=14 August 2020 |archive-url=https://web.archive.org/web/20200814223513/https://www.nrwinvest.com/en/about-us/press/detail/news/detail/News/strengthening-the-it-and-digital-location-three-chinese-tech-corporations-move-to-north-rhine-westp/ |url-status=live }}</ref> There are 18 [[internet service provider]]s located in the capital of North Rhine-Westphalia. There are two airlines with headquarters in the city: [[Eurowings]] and formerly independent [[LTU International]].<ref>{{cite web |url=http://www.ltu.de/kontakt/i_kontakt.html |title=Kontakt |access-date=30 March 2017 |url-status=deviated |archive-url=https://web.archive.org/web/20000606221616/http://www.ltu.de/kontakt/i_kontakt.html |archive-date=6 June 2000}} [[LTU International]]; retrieved 21 June 2009.</ref> Many of the internet companies in Düsseldorf have their roots in the world of advertising: there are 400 [[advertising agency|advertising agencies]] in Düsseldorf, among them four of the largest in Germany: [[BBDO|BBDO Worldwide]], [[Havas|Havas Worldwide]], [[Grey Global Group]] and [[Publicis]]. A number of affiliates of foreign agencies deserve mention as well, such as [[Ogilvy & Mather]], [[Dentsu]], [[Hakuhodo]], [[TBWA Worldwide|TBWA]], and [[DDB Worldwide|DDB]]. There are also about 200 [[publishing|publishing houses]] in Düsseldorf. Businesses operating in Düsseldorf include [[Peek & Cloppenburg]] (fashion); [[Uniper]] (electricity generation); [[L'Oréal]] Germany (Cosmetics and Beauty); [[Net mobile AG]] (business-to-business service provider in mobile telecommunications); [[Henkel]] AG & Co. KGaA (Branded Consumer Goods and Industrial technologies); [[Teekanne]] GmbH & Co. KG ([[tea bag]]s and [[iced tea]]s products); [[Metro AG|Metro]] (wholesale, retail); [[Ceconomy]] (retail); [[Esprit Holdings]] (fashion, headquarters in Ratingen near Düsseldorf); [[BASF]] Personal Care & Nutrition (formerly [[Cognis]] – chemicals, headquarters in Monheim near Düsseldorf, but production mainly in Düsseldorf).{{Citation needed|date=August 2016}} [[Daimler AG]] builds the [[Mercedes-Benz Sprinter]] light commercial vehicles in Düsseldorf. Since the 1960s, there has been a strong relationship between the city and [[Japan]]. Many Japanese banks and corporations have their European headquarters in Düsseldorf – so many that Düsseldorf has the third largest [[Japanese community of Düsseldorf|Japanese community]] in Europe, after [[London]] and [[Paris]].<ref name="virtualtourist.com">{{cite web |url=http://www.virtualtourist.com/travel/Europe/Germany/Land_Nordrhein_Westfalen/Duesseldorf-67466/Local_Customs-Duesseldorf-Japanese_Duesseldorf-BR-1.html |title=Japanese Düsseldorf |publisher=VirtualTourist.com |date=11 February 2003 |access-date=6 December 2014 |archive-date=19 September 2008 |archive-url=https://web.archive.org/web/20080919220103/http://www.virtualtourist.com/travel/Europe/Germany/Land_Nordrhein_Westfalen/Duesseldorf-67466/Local_Customs-Duesseldorf-Japanese_Duesseldorf-BR-1.html |url-status=live }}</ref><ref name="Japantag in Düsseldorf: Welcome">{{cite web |url=http://www.japantag-duesseldorf-nrw.de/305.html?&L=1 |title=Japantag in Düsseldorf: Welcome |publisher=Japantag-duesseldorf-nrw.de |access-date=6 December 2014 |url-status=dead |archive-url=https://web.archive.org/web/20120217025744/http://www.japantag-duesseldorf-nrw.de/305.html?&L=1 |archive-date=17 February 2012 }}</ref> The "Kö", which stands for [[Königsallee (Düsseldorf)|Königsallee]] ("King's Avenue"), is a shopping destination. Many jewellery shops, designer labels, and galleries have store locations here. The Kö has among the highest rents for retail and office space in Germany.<ref>{{cite web |url=http://comfort-gmbh.de/pressemitteilungen/21.03.2007.pdf |title=Modemetropole Mit Internationalem Chic |access-date=6 December 2014 |url-status=dead |archive-url=https://web.archive.org/web/20070809144413/http://comfort-gmbh.de/pressemitteilungen/21.03.2007.pdf |archive-date=9 August 2007 }}</ref> === Financial center === The city is an important [[financial center]].<ref>{{Cite journal |last=Finke |first=Tobias Rafael |date=2016 |title=Deutschland, deine Finanzplätze |journal=Die Bank – Zeitschrift für Bankpolitik und Praxis |volume=8 |pages=18–22 }}</ref> More than 30,000 people work for the financial and insurance sector in Düsseldorf.<ref>{{Cite web |url=https://statistik.arbeitsagentur.de/nn_217688/Statischer-Content/Rubriken/Beschaeftigung/Beschaeftigte/Beschaeftigte-nach-Regionen-Kreise-kreisefreie-Staedte-und-Agenturen-fuer-Arbeit.html |title=Regionalreport über Beschäftigte – Kreise und Agenturen für Arbeit |date=2019 |access-date=2 November 2019 |archive-date=2 November 2019 |archive-url=https://web.archive.org/web/20191102220019/https://statistik.arbeitsagentur.de/nn_217688/Statischer-Content/Rubriken/Beschaeftigung/Beschaeftigte/Beschaeftigte-nach-Regionen-Kreise-kreisefreie-Staedte-und-Agenturen-fuer-Arbeit.html |url-status=dead }}</ref> There are around 170 national and [[global financial system|international financial institutions]], and about 130 insurance agencies, and one of Germany's eight [[stock exchange]]s. [[HSBC Trinkaus|HSBC]] has its German headquarters in Düsseldorf and employs 3,000 people. [[NRW.BANK]] is a development bank of the State of North Rhine-Westphalia and the largest state development bank in Germany. NRW.BANK was spun off from [[Portigon Financial Services|WestLB]] in 2002. Today [[Deutsche Bank]] and [[Commerzbank]] have major branches in Düsseldorf with about 2,000 employees. Düsseldorf is also the most important German financial center for Japanese credit institutions. [[MUFG Bank]], [[Sumitomo Mitsui Banking Corporation|SMBC]] and [[Mizuho Bank|Mizuho]] have their German headquarters in Düsseldorf. Also [[Santander Consumer Bank (Deutschland)|Santander]] has its German headquarters in the Düsseldorf region. Some major insurance companies such as [[ERGO Group|ERGO]], a subsidiary of [[Munich Re]], and [[ARAG SE|ARAG]] are located in the city. Several other major financial service companies have their headquarters in the city. ===Media=== Important newspapers and journals such as ''[[Handelsblatt]]'', ''[[Rheinische Post]]'', ''Wirtschaftswoche'', ''Deutsches Wirtschaftsblatt'' and ''VDI-Nachrichten'' are published in Düsseldorf. Almost all of these papers are available online. Renowned filmmaking companies, such as Germany's biggest cinema enterprise, the Riech Group, and TV channels such as [[Westdeutscher Rundfunk|WDR]] and [[QVC]] are located in Düsseldorf. The ''Film- und Medienstiftung NRW'' foundation supports the production of film and new media.{{citation needed|date=December 2014}} With regard to movies and movie theatres in Düsseldorf, moviegoers are able to view movies in a range of different languages. Many mainstream movies are shown in English, Spanish, French, and German.<ref>{{Cite web |url=http://www.amazingcapitals.com/dusseldorf/things-to-do/stage-screen/movies |title=Movie theatres and cinemas showing original language films and movies, OV, OmU in Düsseldorf on Amazing Düsseldorf {{!}} Amazing Capitals |last=Garry |website=www.amazingcapitals.com |access-date=9 November 2016 |archive-date=9 October 2016 |archive-url=https://web.archive.org/web/20161009094820/http://www.amazingcapitals.com/dusseldorf/things-to-do/stage-screen/movies |url-status=dead }}</ref>
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