The state capital has a large number of well-equipped industrial and business parks ideally-situated from a logistics standpoint, which can be had at reasonable rates. Storage and production areas in modernized brickwork buildings, fully developed building premises ranging from 2,000 and 250,000 sq. m., connections to highways, integrated freight transport centres, as well as railway routes, Magdeburg’s ports and a major waterway intersection are all close at hand. The city and its surroundings provide a base for automotive companies, manual trades, services and logistics as well as technology-oriented companies and innovation centres near the university.