The company was created after the "GIZ Gründungs- und Innovationszentrum GmbH" limited company was converted into a stock corporation. The city of Wolfsburg and Volkswagen each hold a 50 percent share in Wolfsburg AG. In the beginning, the business operations of Wolfsburg AG covered four task areas: the InnovationsCampus, Supplier Park, Adventure World and PersonnelServiceAgency. While the InnovationsCampus promoted the creation of new businesses, the Supplier Park enabled additional suppliers from the automotive industry and related industries to become established in the region. The aim of the Adventure World idea was to provide quality leisure activities in the city of Wolfsburg in order to increase the city’s attractiveness, while giving the service sector a boost at the same time. The tasks of the Personnel Service Agency included taking care of recruitment (including temporary employment) and employee qualifications in particular.
