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Logo of the City of Munich Landeshauptstadt München

Publicly traded companies

Ansicht des MTU Aero Engines AG Firmensitzes in München in der Dachauer Str. 665   Link öffnet eine vergrößerte Darstellung des Bildes.
The new DAX company as of the quarterly review effective on 23 September 2019
© MTU Aero Engines AG

DAX-listed companies in Munich

Seven blue-chip companies base their operations in and around Munich – the highest figure of any German city. Every year, the DAX index lists the 30 biggest companies that post the highest revenues and are traded on the Frankfurt Stock Exchange.

DAX 30

DAX-listed companies headquartered in Munich currently include Allianz, BMW, Munich Re and Siemens as well as MTU Aero Engines as of the quarterly review effective on 23 September 2019 . In addition, Infineon Technologies based in Neubiberg and Wirecard AG based in Aschheim operate within the wider Munich district. Frankfurt/Main currently is home to three and the Cologne-Bonn conurbation to two DAX-listed companies.


The Bavarian capital has its much-vaunted Munich mix to thank for the fact that so many big players are backed up by a good number of medium-sized listed companies too. Eleven of the 60 companies are currently listed on the MDAX index of medium-sized firms.

Walking Man  Link öffnet eine vergrößerte Darstellung des Bildes.
© München Tourismus / BJ. Wildgruber

Additional indices


The technology-focused TecDAX index currently lists seven companies based at Munich's high-tech hub. This again constitutes the heaviest concentration of any German city among the 30 listed firms. The Bavarian capital's consistency and attraction also extends to the small-cap SDAX index (70 companies) which boasts eight locally based companies.

From time to time, German exchange organization Deutsche Börse decides which companies are to be listed in the DAX 30, MDAX, SDAX and TecDAX indices.

After the last changes from September 24, 2018, tech companies can be listed simultanously for the TecDAX as well as the DAX30, MDAX or SDAX indices.

Accordingly, the Department of Labor and Economic Development regularly updates the names and list of relevant Munich-based candidates you can find below.

Forbes Global 2000

International players likewise have a sizeable footprint in Munich. Of the world's largest corporate groups listed on the Forbes Global 2000 list in 2017, 109 have offices in the Bavarian capital. Forbes Magazine identifies the "Global 2000" on the basis of sales figures, profit, company value, market value and the size of the workforce.

Last updated: September 2019)