§The city has to deal with the demographic change in specific with a declining and ageing population. §Due to the economic crisis the trend of advanced de-industrialization has become worse because the economic stagnation leads to stagnating revenues.The city sees its main challenge to attract new companies and inhabitants in order to stabilize the economical foundation and to create a sustainable structure. And to look for cooparations within the city in the fields of research and development or culture and tourism, et. to create an attractive city image for new and existing inhabitants.There was a dramatic change in the economic basis because the former state owned steal industry has become a successful private owned company. Due to this situation the city had to adopt its economical strategies completely. The privatization was accompanied with a massive employees reduction. Also suppliers located in this area where strongly affected and the city was suffering of a strong emigration of inhabitans as well as less tax incomes.