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France is the leading destination country for Italian investment in Europe
France is the leading destination country for Italian investment in Europe
15.5.24

France is the leading destination country for Italian investment in Europe

Written by DG Treasury - Published on 12 June 2020

The 2019 report on international investment in France reaffirms foreign investors' confidence in France as a destination

France is the leading destination country for Italian investment in Europe

The "Bilan 2019 des investissements internationaux en France", published on 2 June by the Business France Agency, reaffirms the confidence of foreign investors in the destination "France", which is ranked 1st in Europe for foreign investment in industry and R&D. Foreign investments in France in 2019 come from 58 different countries with a predominance of projects generated by European countries (64% of the total). In order we find: 1- United States (16.2% of total projects), 2- Germany (15.5%), 3- Great Britain (12%) and 4- Italy (8%).

The Business France report highlights the dynamism of Italian investors in France with a 26% increase in the number of new investment projects in 2019 (118 in 2019 / 94 in 2018). These projects will create or maintain nearly 2,200 jobs (50% more than the previous year) by 2021. France is confirmed as the leading destination country for Italian investment projects in Europe (43% of Italian projects: they represented 37% in 2018), followed by Spain (9%) and Germany (8%). More than 1,700 companies have Italian majority shareholders and they employ almost 63,000 people nationwide.

Italy is the source of 13% of foreign investment in R&D, which places it in second place worldwide after the United States and ahead of Germany (10%).

Sectoral distribution of investments. In 2019, Italian companies invested primarily in the textile and fashion sector (13% of projects, 16% of jobs), energy (10% of projects, 17% of jobs), software and IT services (10% of projects, 5% of jobs) and in the mechanical and metallurgical sector (8% of projects, 6% of jobs)

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France is the leading destination country for Italian investment in Europe

The 2019 report on international investment in France reaffirms foreign investors' confidence in France as a destination

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