Paderborn is located in North Rhine-Westphalia in Germany. Together with the major cities of Cologne, Düsseldorf, Bonn, Bielefeld, Dortmund and many others, Paderborn as a university city and business location has played a role in the past decades in developing the federal state of North Rhine-Westphalia into an important economic region for small and medium-sized enterprises as well as for industrial companies and major corporations from all over the world.
As a university city, Paderborn is home to more than 150,000 inhabitants and numerous students from Germany and abroad. In 2020, about 20,000 people studied at the Paderborn campus university, and more than 250 professors (some of them world-renowned) taught there. In addition to the Faculty of Economics and the Faculties of Natural Sciences and Mechanical Engineering, the University of Paderbon also has a Faculty of Cultural Studies and a Faculty of Electrical Engineering, Computer Science and Mathematics, making a total of five faculties. Students are offered a wide range of subjects in the fields of economics, natural sciences and engineering.
Numerous world-renowned companies and rising startups have chosen Paderborn as their location in recent years and decades, including Diebold Nixdorf Holding Germany Inc. & Co. KGaA with 9,000 employees, Benteler Automobiltechnik GmbH with about 4,400 employees, dSPACE (1,300 employees) and many other companies with a global reputation as well as startups that are already working on the world of tomorrow.