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Author: Invest in Asturias / IDEPA

3D Technologies: ArcelorMittal Spain and the Austrian company Frankstahl Technology come together in Asturias to form Thesteelprinters, designing, manufacturing and commercialising replacement steel pieces for industrial equipment based on 3D technologies.

After researching additive manufacturing at its global R&D centre in Aviles, ArcelorMittal Spain has forged a business alliance with the technology division of the Austrian multinational Frankstahl group. This partnership has led to the creation of a new company called Thesteelprinters, specialising in the design, manufacture and commercialisation of 3D printed steel pieces.

This company was constituted to meet the need detected by ArcelorMittal to shift laboratory-based research to the industrial manufacture of pieces based on 3D technologies. To do this, they have relied on Frankstahl Technology, a company present in 10 European countries and outstanding for its high levels of innovation within the industrial sector.

Thesteelprinter’s production centre is located in Aviles, in the Principality of Asturias Business Park (PEPA), where ArcelorMittal Spain has its headquarters. Here, the company has already begun to design and manufacture steel pieces, such as air nozzles and water diffusers, used by the Indian multinational in its machinery and production processes.

Thesteelprinters was founded in September 2018 with a capital of 2 million euros. This company will not just supply ArcelorMittal, as it also aims to market its 3D printed pieces to different industrial companies that carry out their activity in the metallurgy, steel making and mining sectors.

The presence of this new company gives our region a new drive in industrial innovation, setting an example of business confidence from foreign multinationals and adding yet another piece to the Asturian Steel Innovation Cluster.

 

Source: La Nueva España

6 November, 2018 /  

Asturias presents its “Advanced Manufacturing and Materials Hub –AM2H” at Offshore Energy 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event. It takes place on October 23 and 24 in Amsterdam and it has become a global benchmark concerning marine energy industry, oil&gas and offshore wind, gathering the most influential companies and stakeholders in the sector.

20 institutions and companies located in Asturias participate in the fair. The business promotional initiative is led by the Minister of Employment, Industry and Tourism, Isaac Pola; also it has the participation of the managing director of IDEPA, Eva Pando, and the director of Asturex, Teresa Vigón.

As the Minister of Industry has pointed out “This sector, offshore wind, combines the logistical and industrial capabilities of Asturias. The fair involves more than 600 companies from 90 countries. It is a great opportunity to strengthen and consolidate the presence of the Asturian industry in a growing sector “.

23 Oktober, 2018 /  

Du Pont and Corteva, branches of the DowDuPont multinational, will have a European service centre in Asturias.

The North American multinational has opted for the Tamón complex (Carreño) to house its service centre, following Axalta’s envisaged transfer to the Asturias Technology Park in Llanera.

In Asturias the company has three factories, a service centre and 1,200 employees. Throughout this year it has incorporated around a hundred workers, a move that required additional building modules to accommodate them.

The service centre will function European-wide in the areas of human resources, information technologies, purchasing and logistics. It will also have a finance department offering its services globally. The companies are set to operate independently by 1st November, and the split will be definitive by June 2019.

Corteva, the agricultural division, and Du Pont, specialised products, belong to the DowDuPont company. This business conglomerate started operating in 2017 following the merge of the Dow Chemical and Du Pont multinationals. This multinational, with a 26-year history in Asturias, is present in over 90 countries, and is currently the largest chemical company in the world.

Job offers (LinkedIn) from Du Pont and Corteva

Source: La Nueva España

7 September, 2018 /  

Axalta chooses Asturias to expand its business as a Global Centre of Excellence

Throughout the month of September, the company will move its service centre from Valle de Tamón in Asturias to the Llanera Technology Park. This move is promoted by the regional government and managed by the Economic Development Agency of the Principality of Asturias (IDEPA). The infrastructure and services provided by the Technological Park, as well as the existing options for future expansion, have been some of the fundamental reasons for choosing this site. The centre will provide financial, technological, human resources, purchasing, logistical and marketing services on a global level.

The move resulted from the company’s decision to make Asturias its “global centre of excellence”. This change will allow the company to increase its staff by 197 employees from 12 countries; from a minimum of 400 up to 2020. New hires will be made in Asturias and others will be transferred from within the company.

The multinational American company Axalta Coating Systems began operations as an independent company in 2013, after the de-merger from DuPont as an automobile industry painting company. The company is present in America, Europe, Africa and Asia Pacific, has over 13,300 employees and serves 100,000 clients, creating annual sales of 3.761 million euros.

Source: La Nueva España

30 August, 2018 /  

Auszeichnung „Europäische Unternehmerregion 2019“ für Asturien

Nur die Regionen mit der überzeugendsten und vielversprechendsten unternehmenspolitischen Vision erhalten die jährlich vergebene Auszeichnung „Europäische Unternehmerregion“ (EER), eine Initiative des Europäischen Ausschusses der Regionen (AdR). In diesem Jahr wählte die Jury das Fürstentum Asturien, die Provinz Gelderland und die Region Thessalien aufgrund ihrer herausragenden Strategien und ihres Einsatzes für die Förderung des Unternehmertums in ihrer Region als würdige Preisträger aus.

„Wie die Preisträger 2019 beweisen, sind die Regionen Europas der wichtigste Motor für Wachstum und tragen entscheidend zur Schaffung von Arbeitsplätzen bei. “ , betonte Karl-Heinz Lambertz , Präsident des Europäischen Ausschusses der Regionen, bei der Bekanntgabe der Preisträger.

Im Fürstentum Asturien im Nordwesten Spaniens hat sich ein tiefgreifender wirtschaftlicher Wandel von traditionellen Industriezweigen hin zu kompetenzbasierten Wirtschaftsbranchen vollzogen. Die frühere intensive industrielle Entwicklung stellt die Region vor Herausforderungen; ihre EER-Strategie stützt sich daher im Wesentlichen auf Innovation, Diversifizierung und Humankapital. Die Region wurde aufgrund ihrer beeindruckenden Reihe an Maßnahmen ausgewählt, mit denen sie die Gründung und das Wachstum von Unternehmen unterstützt, den Zugang kleiner und mittlerer Unternehmen (KMU) zu Finanzmitteln verbessert und die unternehmerische Bildung fördert. Dazu kommen Maßnahmen zur Förderung der Umstellung auf eine Niedrigemissionswirtschaft.

„Für die Regionalregierung von Asturien sind die beiden Konzepte Innovation und Unternehmertum miteinander verknüpft. Daher fördern wir Programme auf verschiedenen Bildungsstufen, mit denen wir das Talent unserer jungen Generation stimulieren, um ein System wissensintensiver KMU und Start-ups aufzubauen, durch das Innovationen in Unternehmen vorangetrieben werden“ , erläuterte Isaac Pola Alonso , Minister für Beschäftigung, Industrie und Tourismus der Regionalregierung von Asturien.

Ursprung: Comité Europeo de las Regiones
Weitere Informationen: http://www.rtpa.es/asturias:Asturias-se-une-al-selecto-club-de-las-regiones-europeas-emprendedoras_111530731102.html

6 Juli, 2018 /  

IDEPA Asturias, Best European Regional Development Agency of 2017

EURADA, the European Association of Development Agencies, has recognised the Economic Development Agency of the Principality of Asturias (IDEPA) as “Best Regional Development Agency of 2017”.

The award ceremony was held today in Charleroi, Belgium. In attendance at the ceremony were the Regional Minister of Employment, Industry and Tourism and the General Manager of  IDEPA

In an interview granted to the newspaper El Comercio, Eva Pando, the General Manager of the regional agency that was awarded the prize, stressed that this distinction was a source of great satisfaction. -It constitutes a recognition by your peers at the European Association of Development Agencies.

The prize was granted due to the program ‘Open Innovation 4.0’ which is managed by IDEPA in Asturias. “It is a satisfaction for all parties involved” asserted the General Manager of IDEPA. Collaborators in this project include companies such as Thyssenkrupp Elevator Innovation Center, ArcelorMittal I+D or EdP. It enables the development of entrepreneurial businesses by promoting their interaction with attractor companies located in Asturias.

 

Source: El Comercio

21 Juni, 2018 /  

KPS Euman wants to become a world benchmark in the sale of electrical appliances

The Asturian company KPS has celebrated its alliance with the Mastech group in an act attended by the Regional Minister for Employment, Industry and Tourism.

The company’s staff base comprises around fifty people, a production division covering 3,500 square metres, and a five-year production forecast of 250,000 devices each year.

The newspaper La Nueva España has published an interview with Jackie Ip, CEO of the Mastech group, in which the Asian businessman claims to be proud of the new project that will be taken on by his group and KPS.

“I am truly excited about this new project because I think we are doing something that no one has done before, especially in Asia”.

KPS Euman’s creation opens its doors to Mastech and allows it to enter the European and American market. “It will be a key point for introducing our company into the Spanish and European market, and we think that we could lay foundations in developed American countries”.

Jackie Ip’s expectations for the new company are very positive. In a time frame of five years, he hopes the company will turnover around 15 million euros – this figure is currently at 7 million – selling products on a world level. Aware that the Asian and European cultures are different, he proposes a global business strategy in which the specific way of working in each local group is respected. The GdP Legal office, with headquarters in Asturias, has commercially coordinated the business operation, right from its origins through to achieving a successful end to the operation.

Finally, he expresses his best wishes for the KPS factory: “We hope that by the end of this year, production will be taking place with the same speed and efficiency as in our Asian factories”.

 

Source: La Nueva España

7 Juni, 2018 /  

Nestlé set to produce 25{08ebde5227d2656f547af4c80a62e8021f1b1663135b6de5b0094b2f22365337} of its new ‘bio’ product range in Asturias

According to information released by the newspaper El Comercio, “Nestlé has joined the trend for organic products and has launched a new range that has repercussions on Asturias, as 25% of the production will take place in the plant owned by the Swiss company in Sevares, where jars of baby food and liquid milks are made, employing around two hundred people. The new range includes purees, pouches, baby cereal, dairy desserts and biscuits, but the Piloña factory will specifically manufacture the six varieties of baby food in jars that are being launched: three of fruit, three of meat.”

On the other hand, the company published a press release on 23rd May giving information about the launch and growth forecasts:

– The Company envisages that in five years, the new organic range will contribute between 10% and 15% of its turnover. In terms of production, 65% of these new products will be manufactured in Nestlé España’s Spanish factories.

– The main organic products that the company has just released into the market are: the complete range of Naturnes Bio baby food, Solís fried tomato sauce, Organic Bonka ground coffee, Nescafé Gold Organic instant coffee, and three varieties of Nescafé Dolce Gusto capsules.

– Other new launches such as the Litoral pulse salads (appearing on shelves this May), the new Garden Gourmet varieties based on vegetable protein, and Nestlé Sin Azúcares Añadidos (No Added Sugar) chocolates, complete a portfolio of products that respond to new trends.

The CEO of Nestlé España, Laurent Dereux, revealed in a press meeting that: “consumer demand is increasingly for healthier and more sustainable products. In this respect, we believe that these organic products will contribute between 10% and 15% of Nestlé España’s turnover within five years. Furthermore, in terms of production, I am particularly proud to state that 65% of our organic products will be produced in our Spanish factories in Miajadas (Caceres), Sebares (Asturias) and Reus (Tarragona)”.

Sources:  El Comercio, Nestlé-press release 

24 Mai, 2018 /  

Today, foreign investor interest in Asturias is still high

Jaime Montalvo, Project Manager at ICEX – Invest in Spain: “When considering the quality of life factor it is very difficult to find an offer that can top that of this region”

The Project Manager at the Spanish Foreign Trade Institute – ICEX-Invest in Spain, has dubbed the current climate for attracting projects to the region of Asturias as “excellent”. In particular, he mentions that the Principality has “a favourable and welcoming environment, good availability of trained human resources, a top-level client and supplier base, and the strong support of regional authorities”. And when quality of life comes into play, “it is very difficult to find an offer that can top that of this region”, he ensures.

– After the financial crisis, are there also green shoots in investment?

– Foreign investment figures in Spain over the past three years have been very favourable and reveal that investors have strengthened their trust in our country. Following the strong investment growth in 2014 and 2015, flow rates were consolidated in 2016, and in the first half of 2017, a growth rate was observed of almost 10% compared to the same period the previous year.

-The investment climate for Spain is therefore positive.

-The investment climate in Spain is very positive, as revealed over recent years, in which our country has positioned itself as the second greatest host country for direct foreign investment in the EU. Investors value the growth and stability of our economy, legal certainty and the commitment of Public Administrations with the promotion of productive investments. All of this within a physically secure setting, with quality of life for expatriates.

– And in Asturias?

– In terms of Asturias it is worth highlighting the same factors that are true for the country as a whole. The best testimony that the investment climate in Asturias is excellent can be seen in the foreign and Spanish companies that operate in the Principality. Asturias offers a favourable and welcoming setting, available trained human resources, a top-level client and supplier base, and the strong support of regional authorities. Obviously, in terms of quality of life it is difficult to find an offer that can top that of this region.

– What would you say to foreign companies when it comes to ‘selling’ its virtues?

– I would first explain that Asturias has been a success story in terms of the capacity of a region to transform its economic model from one based on basic industries to one that is centred on high-added value industries and services. Today, Asturias is a very different reality to the one they might imagine, and is a veritable land of opportunities. As such, I would invite them to visit Asturias and to talk to the companies that are settled in the Principality to prove it.

Extract from the interview by Susana Baquedano for the El Comercio newspaper, published on 22nd October 2017.

10 November, 2017 /  

Foreign investment grew by 8.6{08ebde5227d2656f547af4c80a62e8021f1b1663135b6de5b0094b2f22365337} in Asturias, positioning the region in 3rd place within Spain.

  • The productive foreign investment position in Spain grew by 1.9% in 2015
  • 18 million employment positions depend on this investment in Spain, some 1.5% more than in 2014

The total position of foreign investment (stock) in Spain was positioned at 387,315 million euros upon closing 2015, with an increase of 0.5% over 2014 figures. If the Entities Holding Foreign Securities (ETVE in Spanish) that do not have direct economic effects are deducted, the productive investment reached 347,745 million euros, some 1.9% more than in the previous tax year, according to data from the 12,346 companies that feature in the Foreign Investments Registry (RIE in Spanish).

1.18 million employment positions depend on these productive investments, some 1.5% more than in 2014. The turnover generated by foreign stock, rose to 389,450 million euros, around a third of the Spanish GDP, with an increase of 2% over the previous year.

The profits of the companies with foreign investor shares – for these purposes only those with percentages above 10% are taken into account – increased by 6.6%, to 21,310 million euros.

Foreign investment stock is the result of adding the value of the shares in net worth (book value) of the company in which the direct investment is made, and the outstanding balance of the net loans of non-resident investors to these companies.

With regards to the source of the investment, the United States tops the list, with 14.4%; followed by the United Kingdom (12.8%), Italy (11.8%) and France (11.5%). The top ten countries represent 80.7% of the stock.

The stock by investment receiving sectors has remained stable over recent years, and centres on the supply of electrical energy and gas (15.8%); the manufacture of other non-metallic mineral products (8.7%); telecommunications (6.7%); wholesale trade and commercial intermediation (6.5%); and real estate activities (4.9%), among others.

By autonomous communities, 87% of the stock distribution is concentrated in just four of them: Madrid (64.5%); Catalonia (13.7%); Asturias (5.1%); and the Basque Country (3.7%), though it should be noted that the so-called “headquarters effect” tends to overestimate the locations in the major economic hubs.

The stock statistics are published with so much delay because, for the purposes of the RIE, the accountable closure of the 2015 tax year of foreign companies that invest in Spain is performed until 30th June 2016 and the companies have a further 9 months to declare their investments (until March 2017).

Source: Ministry for the Economy, Industry and Competitiveness

8 Juni, 2017 /  

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Institut für Wirtschaftliche Entwicklung des Fürstentums Asturien, IDEPA
Parque Tecnológico de Asturias. 33428 Llanera, Asturien. Spanien.

Tel.: + 34 985 980 020
Fax: + 34 985 264 455

E-mail: investinasturias@idepa.es

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