Reuters, 22/03 12:23 CET
Photo provided by the Multinational Association for brand Spain, its president, Adolfo Aguilar . EFE
Madrid, Mar 22 ( EFE ) .- The Spanish Multinational Association for brand Spain admits that there is “some concern” among companies capital located abroad in Spain before the outbreak of the political landscape can, but fear not see a slowdown in foreign investment.
In an interview with EFE Adolfo Aguilar, president of the association born in late 2013 and which brings together 26 foreign multinationals necessary “to avoid unforeseen measures” in relation to frequent legislative changes may create legal uncertainty for employers.
Notes that to consolidate economic recovery should increase investment in education, which calls for “urgent” a pact of State allowing the Spanish “stay ahead”.
large foreign companies value the Spanish professionals for their high qualifications, so Aguilar sees fit to promote training as an incentive to keep these companies in Spain.
It points to a 20-year Strategic Plan for project the challenges facing Spain and “knowing what the production model wants to go.”
In this sense, the president of the organization says that we must go for the industry and requests the Government that has the foreign-owned multinationals that are in Spain to address the new trading plan with stakeholders.
“We must work more industrial development” incident, while exemplified in the automotive industry , which represents 10% of GDP Spanish and is “one of the prides of the Spanish industry.”
Aguilar remember there 15,600 foreign multinationals in Spain responsible for 26% of turnover generated by the economy and 12.4% of employed persons in Spain.
The latest report by the association on the contribution of multinationals to the Spanish economy explains that subsidiaries of these companies have managed to maintain employment “even in the worst years of economic crisis.”
10.2% of innovative companies in Spain are of foreign capital and in the case of large companies this percentage stood at 32.8%.
Exports of these large companies account for 40% of the total.
At work, Aguilar values the reform approved by the Executive because it has flexibility and has boosted the labor market, although considered “very ambitious” the government’s goal of creating 3 million net jobs by the end of 2019.
However, Regarding fiscal reform, the president of the association sees further harmonization needed between the different regions and especially “more incentives for productive investment of foreign capital.”
The Association of Multinational by Brand Spain works closely with the High Commissioner for the Spain Brand and government agencies such as the ICEX e Invest in Spain.
“We must boost the image of Spain Outdoor and convince multinationals need to continue investing in Spain, “said Aguilar, recalling that the crisis many large companies decided to put their focus elsewhere.
One of the objectives 2015 will be the creation of a network of Spanish executives working in multinational outside Spain and can be “representatives of the image and brand of Spain”.
The purpose is that they can act as “ambassadors” Brand Spain and transmit “positive about our country.”
This year is planned to prepare a report with proposals for the association to promote a favorable environment for business and investment foreign multinationals in Spain, and the annual barometer that reflects the state of opinion of these companies on the Spanish socioeconomic status.
Aguilar says the growing interest of foreign capital companies that want to join the association and provides . that this year may reach captured up to 45 new companies, including some Mexican
Currently in the association are present: Accenture, Altadis, AON , Bayer BT, Bureau Veritas, Citroën, Deloitte, DHL , Diageo, EY, Facebook, Google, Grant Thornton, Heineken, Homeaway, HSBC , Huawei, ING Bank, Ketchum, L’Oreal, Leroy Merlin, Regus, Siemens, Thales and Unilever.
euronews published from Reuters as, but not involved in the published articles.
Copyright 2015 EFE.
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