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Stuttgart is a city in the southwest of Germany, located in the center of the densely populated region Mittlerer Neckarraum. Stuttgart is the capital of the Bundesland Baden-Württemberg and is populated by about 600,000 inhabitants.
The city and its surroundings are known for the High Tech industry based there. Among the most prominent ones are Daimler-Chrysler, Porsche, Bosch, Hewlett-Packard and IBM, all of whom have their world or German headquarters here. Beside these global players the Stuttgart economy consists of many highly versatile and dynamic medium-sized enterprises (the so-called "Mittelstand"). Approximately 150,000 companies are located in the Stuttgart region.