München is the capital of the Bavarian Free State (Freistaat Bayern), located in southeast Germany, less than 200 kilometers from the Austrian border, is the third largest city in Germany after Berlin and Hamburg. Munich is the economic, cultural and technological center of Germany and Europe. Industrially, there are many German brands such as BMW, Siemens, Mann, and many other heavyweight industrial groups. In the financial industry, Munich is Germany's second largest financial center after Frankfurt, and it boasts the insurance sector of Allianz and Munich Re. The dynamic economy and market offer opportunities, attracting people from Germany, Europe and around the world, and making Munich a fairly international city.