Foreign companies operating on the French Riviera currently come from 68 countries in 2015, 3/4 of which are based in Europe, according to a study by the Sirius Observatory. Below is the second part of our record on foreign investment in the French Riviera in 2015
New foreign companies have invested on the French Riviera in 2015, bringing the number of countries represented in the territory to 68 through their investments as indicated by the latest study from the Sirius Economic Observatory.
Anglo-Saxon investments have been the majority for several years on the French Riviera:
- Investor history, the United Kingdom lists 340 foreign-funded institutions on the French Riviera responsible for 3915 jobs
- The United States, though quiet in 2014, returns to the French Riviera with 2 new locations for R&D centers (Dolby and Ansys) for a total of 274 establishments and responsible for 7285 jobs in 2015.
- Confirming he Canadian startup Sierra Wireless acquired local MVNO startup Mobiquithings based in Sophia Antipolis.
Team Côte d’Azur, as an agency of economic promotion and foreign investment facilitator of the French Riviera, could support 33 new foreign companies in their implementation process on the French Riviera in 2015.
In this sample, we can see that European countries represent a large share of investment decisions on the French Riviera in 2015 (30% of the locations for 41% of jobs created). Italy is particularly well positioned with 5 new projects in the fields of IT and the construction of health care.
Asia confirms its interest in the Riviera’s highly skilled workforce with the opening of 2 new R&D centers in electronics from China and Japan (Respectively TCL Communication Technology and TDK).
India also continues to expand its activities on the French Riviera with 3 companies established in 2015 and new site openings in the field of Health confirmed in 2016.