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Case Studies
Crown Holdings
Raw materials, industrial products and capital goods UNITED STATES OF AMERICA
United States company and world leader in the manufacture of metallic packaging products.
Foreign companies established in La Rioja
Muro de la Mata, 13-14 26071 Logroño
Tel.: +34 941 291 500
Fax: +34 941 291 544
www.ader.es ader@ader.es
Region
La Rioja
Reasons
Attractive economy
- Stable and dynamic economy.
- Job creation.
- Institutional stability.
- Favorable social atmosphere.
La Rioja is one of Spain’s richest regions, with a high per capita GDP (24,717 euros in 2007) and a high rate of growth in recent years.
The purchasing power parity of La Rioja’s GDP for the year 2004 put the region at 110% of average for the 27 European Union countries (UE 27).
La Rioja has a high activity rate (59.12% for fourth quarter 2007), which is favorable for the ongoing creation of jobs.
Additionally, La Rioja has some of the best quality levels for contracts, with a high percentage of permanent contracts (73.95% for fourth quarter 2007).
La Rioja has significant institutional stability, which encompasses all levels of regional and local government, providing the necessary security for investments.
La Rioja enjoys a favorable social climate due to good relations among the regional government, businesses and unions. A reflection of this situation is the low rate of labor conflict, among the lowest in Spain.
Competitive and innovative business environment
- Technological and research centers.
The government of La Rioja, in its determined commitment to R&D&I to improve the competitiveness of companies, has promoted the creation of various specialized technology and research centers. The following are noteworthy among these:
- La Rioja Technology Center(Centro Tecnológico de La Rioja).
- National Center for Training in New Technologies (Centro Nacional de Formación en Nuevas Tecnologías).
- Center for Innovation and Technology Transfer (Centro de Innovación y Transferencia Tecnológica).
- Center for Technology-based Business Initiatives (Centro de Iniciativas Empresariales de Base Tecnológica).
- Center for Agri-food Technology Research and Development (Centro de Investigación y Desarrollo Tecnológico Agroalimentario - CIDA).
- La Rioja Industry Technology Center (Centro Tecnológico de la Industria Cárnica de La Rioja - CTIC).
- La Rioja Mushroom Research Technology Center (Centro Tecnológico de Investigación del Champiñón de La Rioja - CTICH).
- La Rioja Center for Food Research and Technology (Centro de Investigación y Tecnología Alimentaria de La Rioja - CITA).
- La Rioja Viticulture Research Institute (Instituto de Investigación Vitivinícola de La Rioja).
- La Rioja Footwear Center (Centro Tecnológico del Calzado de La Rioja - CTCR).
- La Rioja Center for Biomedical Research (Centro de Investigación Biomédica de La Rioja - CIBR).
In addition, La Rioja companies also have the following research and technology centers:
- National Center for Food Technology and Safety (Centro Nacional de Tecnología y Seguridad Alimentaria - CNTA).
Rioja Technology Center (Centro Tecnológico Riojano - CTR), initially created as a specialized center for the rubber industry, it current serves other manufacturing sectors such as the car industry, plastics and compounds.
- Operating costs
Operating costs in La Rioja are among Spain's most competitive. They are below the average for both Spain and European Union countries (24,789.60 euros/p.a. per worker in 2006, of which 17,989.33 euros correspond to wages and salaries).
