WHY DO BUSINESS IN FRANCE? THE PARIS AREA
THE TOP 10 MAJOR PARIS REGION COMPANIES, SUBSIDIARIES OF FOREIGN GROUPS
TOURISM
World’s top tourist destination with 47 million tourists, including 42% foreigners (20 million), €22b in economic benefits.
In 2014 there were 15.57 million international overnight visitors to Paris.
EUROPE’S LEADING EMPLOYMENT AREA It boasts a highly qualified workforce comprising 33% of French executives.
33%
Top-notch infrastructure facilities The Paris air hub is continental Europe’s leader
NUMBER OF INHABITANTS AND TOURISTS IN THE PARIS REGION
Tourism makes an essential contribution to France’s foreign trade. Since 1999, it has accounted for the main balance of payments surplus.
2011
2012
€7.5
€13
BILLION
BILLION
TOURIST TRADE INCOME
DIFFERENT TYPES OF INDUSTRIES/ECONOMIC ACTIVITIES OF THE PARIS REGION
12 million inhabitants 18.2% of France’s population 2.4% of EU population 153,500 people involved in research (including 100,000 researchers)
600,000 jobs in Research & Development and Innovation
Most major European cities are less than a 2-hour flight away Excellent train connections: 1h20 to Brussels, 2h20 to London, 3h15 to Cologne
13,000 foreign establishments of which 279 created or preserved 6400 jobs in 2013. 27% of foreign investment established in the country
COMPANY
BUSINESS SECTOR
COMPANY’S SALARIED WORKFORCE RANGE
The Walt Disney Company
Amusement parks and theme parks
10,000 to 14,999
IBM World Trade EMEA Corporation
Information systems and software consulting
4,000 to 4,999
Generali Assicurazioni SPA
Reinsurance
3,000 to 3,999
Logica PLC
Information systems and software consulting
3,000 to 3,999
Accenture PLC
Information systems and software consulting
2,000 to 2,999
Saipem SPA
Construction of maritime and riverside works
2,000 to 2,999
Pfizer Inc
Pharmaceutical wholesale trade (inter-company trade)
1,500 to 1,999
Securitas AB
Private security
1,500 to 1,999
General Electric Company
Manufacture of equipment for medical radiation, electro-medical and electro-therapeutic equipment
1,500 to 1,999
Touristik Union International TUI
Passenger air transport
1,500 to 1,999
Source: INSEE, Esane, Clap and Lifi, 2010
BUSINESS SECTOR AND JOBS 799,891 Sciences and technology, administrative and support services
188,030 Public administration, education, human health and social action
690,465 Trade, automotive and motorcycle repair
74,817 Manufacturing of electrical, electronic and computer equipment
367,928 Information and communication
72,818 Real-estate
324,065 Finance and insurance
279,864 Construction
1,500 projects with €6.6 billion of total funding including €2.6 billion of public sector funding
Imports / Exports
With 70 ports dotted along 500km of navigable waterways. IMP
EXP
€131billion, 26% of France’s imports
€77billion, 18% of France’s exports
Sources http://www.statista.com/statistics/310377/international-overnight-visitors-to-paris/ http://www.diplomatie.gouv.fr/en/french-foreign-policy/economic-diplomacy-foreign-trade/facts-about-france/one-figure-one-fact/article/france-the-world-s-leading-tourist
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