Key Industries in Münster
Business English Münster – 25 Industry Vocabulary Exercises
Münster has a diversified economy. Important fields include healthcare, science and research, IT and digital infrastructure, financial services, insurance, start-ups and technology-related innovation.
Münster verfügt über eine vielfältige Wirtschaftsstruktur. Wichtige Bereiche sind Gesundheitswirtschaft, Wissenschaft und Forschung, IT und digitale Infrastruktur, Finanzdienstleistungen, Versicherungen, Start-ups und technologiebezogene Innovation.
Choose a), b) or c). After you click, the correct answer will replace the blank in the English sentence.
Wählen Sie a), b) oder c). Nach dem Anklicken ersetzt die richtige Antwort automatisch die Lücke im englischen Satz.
The healthcare sector includes hospitals, clinics, medical services and related research.
A major employer provides jobs for a large number of people.
Münster's universities and research institutions play a major role in the city's economy.
Research institutes carry out scientific and applied research.
Münster has developed a recognised profile in battery research.
Battery research links science, manufacturing technology and innovation.
IT services can include software, infrastructure, consulting and support.
Reliable digital infrastructure supports companies and strengthens competitiveness.
Digital infrastructure includes broadband, fibre and mobile networks.
The IT sector includes software, data, networks, systems and digital services.
Financial services include banking, investment, payments and related activities.
Insurance companies assess, price and manage risk.
Risk assessment is the process of evaluating possible risks and their impact.
The policyholder is the person or organisation that holds the insurance policy.
Business finance covers funding and financial services for companies.
Technology transfer moves research knowledge into practical or commercial use.
Funding helps young companies develop products, hire staff and grow.
Clusters connect firms and research bodies in related fields.
Healthcare services include treatment, care and related professional services.
Commercial application means using research results in products, services or processes.
An insurer provides insurance coverage in return for premiums.
Science, IT, healthcare and finance often depend on specialised qualifications.
An innovation ecosystem is a network of organisations that support new ideas and technologies.
Skilled professionals bring specialised knowledge and experience.
A diversified economy can be more resilient because it does not depend on only one sector.