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You mix a pandemic, a highly developed vaccine and a city and you get: Income from business tax in the billions. Welcome to Mainz.
Mainz – “At the gold mine 12” is the address of the Mainz research company Biontech – the name says it all. Because the city of Mainz, where the vaccine manufacturer is headquartered, will soon be able to look forward to billions of euros in revenue. The entire city benefits from the profit that Ugur Sahin and Özlem Türeci’s company makes with its vaccine against the coronavirus.
Profit thanks to Biontech vaccine: Mayor of Mainz is delighted
The head of finance for the city of Mainz, Günter Beck, is loud Bild.de delighted: “This development is sensational.” Instead of the planned 36 million euros minus, a plus of 1.09 billion euros for the city budget is now in prospect. For the coming year, too, an increase of almost 490 billion euros is to be expected. With this, the city could pay all of its loans and would be debt-free in early 2023. A real stroke of luck for the municipality.
The Mayor of Mainz, Michael Ebling, has noisy with the rest of the money FAZ big plans: they want to make Mainz the world’s leading location for the biotech industry. A biotech hub is to become the central point here. Together with the university, the university clinic and the resident companies, a biotech network is to be created, which should also make the city more attractive for other companies. All in all, the money should create a good foundation for the future.
Biontech brings rain of money: City of Mainz with a plus in the billions
According to Ebling, the city is aware of how dependent one is on the Biontech income. Another reason for expanding Mainz as a research location. In an interview with the FAZ, the mayor is self-confident: You experience “a very resilient commitment”. In other words: Biontech will continue to expand locally and will not stop investing in the city.
The numbers are currently rising again – a recent survey revealed the surprising attitude of many Germans to the obligation to vaccinate.
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