INVEST IN SPAIN

Newsletter	March 2010 Nº 41

Headline

Regions

Key Sectors

	Biopharmaceutical company Celgene to invest 45 million in an advanced therapy and regenerative medicine research center in Seville
	BSH opens R&D and Innovation center in Saragossa

	Apple is getting ready for the opening of its own stores in the centers of Madrid and Barcelona
	BioMérieux expands its Tres Cantos plant

Business Indicators

Worldwide investment flows fell by 39% in 2009, according the UNCTAD’s first estimates

The UNCTAD’s second “Global Investment Trends Monitor” report estimates worldwide FDI flows to have fallen by 39% in 2009 when compared with the previous year; down to a figure of 1 billion dollars.

Overall data and country-specific data are both UNCTAD estimates made by annualizing data available on the 7th of January 2010.

The fallback in FDI worldwide is mainly the result of a combination of two factors: the reduction in business profits and a redirectioning of intra-group loans back towards parent companies. As a consequence, the figure for merger and take-over operations has gone down by 66%.

Success story

"In Climate Well we are still optimistic about the sensitivity of the Spanish market to increasingly efficient HVAC systems"

Pedro Luis Rodríguez, Director General of Climate Well

Appointments

01/03/10 · Pirelli appoints Gian Paolo Gatti Director General of the firm in Spain and Portugal

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News in Brief

02/03/10

Technigraphics chooses Madrid for its new European center

North American company Technigraphics, dedicated to geospatial services linked to geographical information systems and graphical information systems in general, has decided to set up the headquarters of its recently created subsidiary, Technigraphics Systems Spain, in Madrid.

02/03/10

UK Firm Sinclair Pharma sets up in Madrid

United Kingdom company, Sinclair Pharma has set up shop in the San Fernando Business Park in San Fernando de Henares (Madrid), in order to begin activities in Spain.

08/02/10

INVEST IN SPAIN analyzes investment opportunities between Spain and the United Kingdom in the UK Parliament

Executives from nearly 20 major Spanish and British companies and parliamentarians and members of the governments of both countries, came together in London for a conference organized by the British Chamber of Commerce in Spain in order to ascertain the best business opportunities between the two economies.

Events

12/04/10 - 12/04/10

Competitiveness and Foreign Investment: towards a sustainable way forward in the EU

INVEST IN SPAIN will organize in the morning of April 19th 2010 a workshop on the Europe's attractiveness for foreign direct investment that will be held at the Ministry of Industry, Tourism and Trade, coinciding with the Spanish Presidency of the European Union.

The event entitled "Competitiveness and Investment Foreign: building a sustainable future for the EU, will be structured in two panel discussions around the external competitiveness of the European economy and providing foreign investment to economic sustainability in the EU Union.