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A Magnet for Foreign Companies

France Offers a Wide Range of Possibilities to Invest in the Chemical Industry

Next to the automotive industry, the chemical industry is the most important industry in France. According to information from the French Chemical Industry Association (UIC), the chemical industrry in France achieved a turnover of € 99 billion in 2006. After Germany, France ist the largest producer of chemicals in Europe and comes fifth worldwide, behind the U.S., Japan, Germany and China. In terms of export, France is even in third place, around 55 % of turnover being achieved in the international market.

(...) Against the background of ever increasing global competition, the French government decided in 2004 to implement a policy aimed at promoting competitiveness and innovation, a policy that crystallized in the establishment of "pôles de compétitivité". Numbering a total of 71, these government-privileged and state-promoted competitiveness clusters offer companies a particulary innovative environment deriving from the synergies that exist between research institutes, training establishments and industrial companies. The French government supports these clusters with a funding of € 1.8 billion for industrial R&D projects. The clusters strive towards increased internationalization with attractive incentives for foreign companies and transnational cooperation projects. For the chemical industry, there ar competitiveness clusters across all of France

Sovereign funds - Interview with Philippe Favre

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UK adult stem cell researcher moves to France over 'funding lack'

A leading British adult stem cell scientist has announced he plans to quit the UK for France because he has not been given enough funding or support.

After a series of public warnings of a need for more funding, he has now decided to move to the University of Lyon in January to open the world's biggest institute devoted to cord blood and adult stem-cell research. He will take a 10-man research team from Newcastle with him, including his research partner Nico Forraz.
Speaking to Times Higher Education, Prof McGuckin said France offered a "much better environment" to cure and treat more people.
"The bottom line is my vocation is to work with patients and help patients and unfortunately I can't do that in the UK," he said. "France is very supportive of adult stem cells because they know that these are the things that are in the clinic right now and will be more likely in the clinic."

Frankreich bleibt für deutsche Maschinenbauer attraktiv

This article is available in German only.

This article is available in German only.

An increased movie tax credit in France

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