Participation report: Saxony participates in 31 companies

The Free State of Saxony held direct stakes in 31 companies last year. This is according to the 2025 investment report, which Finance Minister Christian Piwarz (CDU) presented to the cabinet. According to the report, the state holds nominal capital of around 594 million euros. As of December 31, 2024, more than 5,800 people were employed in the associated companies based in Saxony.

"It's about the common good of the state"

According to the Ministry of Finance, the shareholdings do not primarily serve financial interests, but important state tasks. "Every investment serves one or more important national interests. It is about nothing less than the common good of the state," said Piwarz. Without the investments, Saxony would be much poorer in every respect. For example, cultural heritage would be preserved, infrastructure for economic development secured and environmental research supported.

Broad range of participation rates

The Free State's participation rates vary. They range from around one percent in Kreditanstalt für Wiederaufbau to around 77 percent in Mitteldeutsche Flughafen AG. 14 companies are wholly owned by the state, including Wirtschaftsförderung Sachsen GmbH, Staatliche Porzellan-Manufaktur Meissen, Sächsische Lotto-GmbH, Landesbühnen Sachsen and Sächsische Binnenhäfen Oberelbe.

Focus on infrastructure and business development

The involvement in airports and inland ports, for example, is intended to strengthen the performance of the transport infrastructure. "The Saxon economic development consultants help companies to open up new markets, as does the trade fair in Leipzig," said the Minister. The investment report provides regular information on the economic development of companies with shares in the state.