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 [[Directory:IBM|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. | 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 [[Directory:IBM|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. |