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Our shareholders and our advisory board

Founded in 1988 as“Wirtschaftsförderungsgesellschaft Kassel mbH”and now known as “Wirtschaftsförderung Region Kassel GmbH” (WFG Kassel), the organization serves as a trusted point of contact for businesses, policymakers, research sector and other stakeholders. The city of Kassel and the district of Kassel worked hand in hand and developed the WFG as one of the first public-private partnership projects in the region The company continued to develop into an independent limited company until the end of the 1990s.

Overview of shareholders

Today, the shareholders of Wirtschaftsförderung Region Kassel GmbH include the City of Kassel and the District of Kassel, the Kassel Savings Bankthe Volksbank Kassel Göttingen eG,the IHK Kassel-Marburg and the Kassel Chamber of Crafts, bringing together key regional partners and shareholders. Under its Articles of Association, WFG Kassel promotes initiatives that strengthen the economy of the City and District of Kassel, improve business-related infrastructure, and safeguard existing jobs while creating new employment opportunities, laying the foundation for sustainable economic growth in the region.

To ensure impartiality and support this objective, it was agreed that WFG Kassel would not charge clients directly for its services. Operating costs are covered by the shareholders on a pro rata basis.

Shareholder Share capital in euros (€) Share in percent (%)
City of Kassel 18.410 25,5
District of Kassel, 18.410 25,5
Kassel Savings Bank 17.640 24,5
Volksbank Kassel-Göttingen eG 7.670 10,6
IHK Kassel-Marburg 7.420 10,3
Kassel Chamber of Crafts, 2.560 3,6
Total 72.110 100

Overview Advisory Board

The advisory board of WFG Kassel consists of a chairman and up to 16 members. It is with Representatives of the shareholders, the political groups from the city and district of Kassel, the chambers, the labor administration, the trade unions and the University of Kassel. In several annual meetings, it advises and supports the management and the shareholders' meeting on groundbreaking issues. It does not meet in public in order to be able to discuss and agree on upcoming important decisions of major political significance in advance.

Our advisory board is made up of a chairperson, members and permanent guests. We have listed these for you in the following, expandable modules.


Get in touch with us!

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Do you have further questions about the website article, or would you like to benefit from our excellent network? We look forward to exchanging ideas with you and would be happy to serve as your competent first point of contact.

Phone: +49 561 70733-50
E-Mail: info@wfg-kassel.de