Albert Einstein (1879–1955), a genius, who emigrated from Germany in 1933, gave a new dimension to the concept of space and time by his theory of Relativity (E=mc²). In 1995, it was the Germans who made the dream of MP3 player become a reality. A team at the Fraunhofer Institute, under Karlheinz Brandenburg, developed this method of audio compression. The country also has to its credit a total of 76 Nobel Prize winners till date, 65 of whom have won the prize for their contributions to the natural sciences or medicine. The very first Nobel Prize for Physics went in 1901 to Wilhelm Conrad Roentgen for”a new type of ray”. Robert Koch , Max Planck , Albert Einstein, Christiane Nüsslein-Volhard, Horst L. Störmer, Herbert Kroemer, Wolfgang Ketterle, Theodor Hänsch, etc. are some of the German winners of this prestigious honour.
Companies in Germany have created the German economy to be the largest in all of Europe. This economy, in fact, is the third largest in the world. Billions of Euro in investment money come into Germany each year. To maintain the high standard of living in Germany takes a lot of hard work. German companies contribute to this high standard of living in the quality and popularity of their products and services. And they do this by excellent manufacturing and engineering.
Of the world’s 500 largest stock market listed companies measured by revenue, the Fortune Global 500, 37 are headquartered in Germany. In 2010 the ten largest were Volkswagen, Allianz, E.ON, Daimler, Siemens, Metro, Deutsche Telekom, Munich Re, BASF, and BMW. Other large German companies include: Robert Bosch, ThyssenKrupp, and MAN (diversified industrials); Bayer and Merck (pharmaceuticals); Adidas and Puma (clothing and footwear); Commerzbank and Deutsche Bank (banking and finance); Aldi, Lidl and Edeka (retail); SAP (computer software); Infineon (semiconductors); Henkel (household and personal consumer products); Deutsche Post (logistics); and Hugo Boss (luxury goods). Well known global brands are Mercedes Benz, BMW, Adidas, Audi, Porsche, Volkswagen, DHL, T-Mobile, Lufthansa, SAP, and Nivea.