Incoming investments join good company in Catalonia
The global nature of Catalonia’s business panorama is backed up by more than 7,000 incoming firms now operating here. Furthermore, the business ecosystem shows a high level of diversification in terms of sectors and countries, -90% of foreign companies come from 20 different countries- and operates in a competitive, talented and open environment.
One of Europe's preferred areas for investment projects
Catalonia and Barcelona are leading European regions when it comes to attraction of foreign direct investment. FDI inflows hit a record high for two consecutive years, with €4,936 million in 2015, and €5,052 million in 2016. Also, the Financial Times highligted Catalonia as the best Southern European Region 2016/17 in its report on the most attractive European locations for investments.
According to Ernst & Young European Attractiveness Survey 2016, Barcelona is the 5th most attractive investment location in Europe, after London, Paris, Berlin and Amsterdam. And according to the Financial Times’ fDi Markets, Catalonia was in 2016 the 4th region in Continental Western Europe in job creation, the 5th region in attracting the highest amount of projects, and the 6th region in investment volume.
A dynamic export sector
Catalan companies have significant experience in international trade. In 2016, Catalan exports grew by 2%, generating a record breaking 65.1 billion euros for the economy.
Catalan exports represent 30% of Catalan GDP. Main export sectors are chemicals (19%), automotive (17%), food & drink (12%), textile and fashion (7%), pharmaceuticals (7%) and machinery (6%).
Students from abroad
Its cultural diversity, the cosmopolitan atmosphere, and its trading history all mean Catalonia attracts talent worldwide. Thanks to this, both businesses and business professionals from all walks of life are completely at home here.
Catalan universities have gone from being relatively unknown on the international academic circuit to now having a greater percentage of foreign students than countries such as Germany, Denmark or Holland. International students in Catalan universities have experienced a growth of 13.44% over the last three years. The amount of foreign students in Catalan universities is now 9.12% (2014-15). It was 7.9% some years ago (2011-12) when it already doubled the amount of foreign students found on average in Spanish universities (2.8%).
Excellent career prospects and attractive business and leisure opportunities attract skilled professionals from all over the world who share Catalan professionals’ talent, commitment, energy, knowhow, curiosity and work ethic.