Technology company TeamEQ settles in Asturias for international expansion

This move is the result of the Asturias Government’s Investment Attraction Strategy

TeamEQ proposes an investment of 2.3 million euros and the creation of 18 highly qualified jobs in two years

The international technology company TeamEQ has just completed its move to Asturias. This movement is framed within the Investment Attraction Strategy of the Asturian Regional Government, materialised through the joint work of the Economic Development Agency (IDEPA) and the Regional Promotion Society of the Principality of Asturias (SRP).

Created between Silicon Valley and Barcelona, TeamEQ plans to develop its international expansion from Asturias. Its growth strategy involves an investment of 2.3 million euros and the creation of 18 highly qualified jobs in two years.

28 July, 2021 /

ArcelorMittal acería de Gijón Asturias

ArcelorMittal starts the revolution of the iron and steel process in Asturias with an investment of 1 billion euros

The multinational signs a Memorandum of Understanding with the Spanish Government to reduce CO2 emissions by 50% in five years

It will build a DRI (direct reduction of iron ore) plant and an electric arc furnace at its Gijón factory

ArcelorMittal has signed a Memorandum of Understanding (MoU) with the Spanish Government that will see a €1 billion investment in decarbonisation technologies at its plant in Gijón, Asturias, and means revolutionising the way the multinational produces steel in our region.

The investments will reduce CO2 emissions at ArcelorMittal’s Spanish operations by up to 4.8 million tonnes, approximately 50% of emissions, within the next five years. It will be its largest decarbonisation project in the world.

16 July, 2021 /

Puerto de El Musel Gijón torre de Capitanía

Sea8 to invest 73 million euros in a sole farming plant in the Port of Gijón

This new sole plant in Gijón will create 145 jobs in a few years

The company Sea8 will create an aquaculture center for the breeding of sole in the Port of El Musel, Gijón. It will involve an investment of 73 million euros and, when fully mature, will create 145 jobs.

The project by Sea8, which belongs to the Atitlán Group, is part of the Asturias Investment Attraction Strategy, led by the Regional Ministry of Industry, Employment and Economic Promotion through the Economic Development Agency of the Principality of Asturias (IDEPA). This means that all administrative deadlines will be accelerated to the maximum.

31 May, 2021 /

Two Asturian health infrastructures, among the most appreciated in Spain

The Fernández-Vega Ophthalmological Institute has been chosen again as the best private ophthalmological centre in Spain

The Central University Hospital of Asturias (HUCA) ranks 18th among the 100 public hospitals with the best reputation

The Fernández-Vega Ophthalmological Institute has been chosen again as the best private ophthalmological centre in Spain, and the Central University Hospital of Asturias (HUCA) ranks 18th among the 100 public hospitals with the best reputation. Both health infrastructures are located in Oviedo.

These are some of the results of the 2020 ranking of the Health Reputation Monitor (MRS), which rates the opinion held of the Spanish healthcare system. The ranking is based on the answers of more than 6,000 surveys of professionals, users, and the Media.

28 May, 2021 /

New support line for the setting up of emerging industries in Asturias

The Regional Government allocates 4 million euros to companies that want to set up in Asturias with an innovative project

Faced with the current delicate economic situation that we are still suffering due to the COVID19 pandemic, the Government of Asturias takes the initiative with a series of measures for a strong boost to the recovery of the Asturian business fabric.

Sociedad Regional de Promoción (SRP) allocates 14.5 million euros to three new lines of financing to support companies affected by COVID19, the setting up of innovative industries to the region, and the creation and growth of startups.

28 April, 2021 /

Asturias business location IDEPA Invest in Asturias CCINCE China

“Asturias, your business location”, an event in search of investments by Chinese companies

This event led by IDEPA and CCINCE tried to connect the investment strategies of Chinese companies interested in Spain with the opportunities offered by our region

IDEPA – Invest in Asturias delivers customised attention to each project of investment

The Economic Development Agency of the Principality of Asturias (IDEPA) and the Chinese Chamber of Commerce and Investment in Spain (CCINCE) held on April, 14th., “Asturias, your business location”, an online seminar with representatives of Chinese companies based in Spain, belonging to different productive sectors with potential interest in investing in our region.

This special event was held within the framework of the Investment Attraction Strategy promoted by the Regional Ministry of Industry, Employment and Economic Promotion and led by IDEPA.

20 April, 2021 / No Comments /

Foro Internacional del Sector TIC Asturias octubre 2020

The ICT industry in Asturias shows its power in the 6th International Forum of the sector

The Asturian industrial network has undergone a major transformation and advanced services are taking on a greater role

Next Monday, October 26th, starts the 6th International Forum of the ICT Sector, turning Asturias into the epicentre of this industry. For three days, the participating companies will publicise their potential as generators of innovative projects and solutions, analyse the opportunities offered by the market and exchange successful experiences in different areas.

Industry 4.0, robotics, tourism intelligence, virtual reality or health will be some of the topics developed during the presentations of the Forum, which will highlight the enormous evolution that the Information and Communication Technologies (ICT) sector in Asturias has undergone in recent years, as well as its potential for growth and attracting investment.

23 October, 2020 /

A growing interest in investing in Asturias despite the COVID19 pandemic

The Economic Development Institute of the Principality of Asturias has received 59 applications for aid from companies that want to invest

What can Asturias do to attract economic activity? Eva Pando, Managing Director of the Economic Development Institute of the Principality of Asturias (IDEPA), outlined the keys to our region’s strategy to remain an attractive destination for both domestic and foreign investment during a debate organised by the Asturian newspaper La Nueva España,

Pando presented some data that gives an idea that, despite the crisis associated with the coronavirus pandemic, there is interest in companies to develop projects in our region. “We have received 59 applications for aid from companies that want to invest,” she said, adding that IDEPA is also working with 22 technology-based companies that have plans for Asturias.

16 October, 2020 /

Proyectos greenfield inversión extranjera en Asturias España

Spain ranks 4th worldwide in the reception of foreign direct investment in greenfield projects

Greenfield projects mean that non-resident investors, bringing in all the capital from abroad, build the facilities “from scratch” to implement them

Spain was the fourth-largest recipient of greenfield projects in the world during the first half of 2020, according to FDI Markets, the database of the British newspaper Financial Times, which compiles Invest in Spain.

In these six months, 313 foreign capital greenfield projects have been carried out in Spain. Although this figure is 42% less than last year, the overall fall has been even greater. Fourth place also represents an improvement on the previous two years: in 2019, our country was in fifth place, and in 2018 it was in seventh place.

In terms of greenfield projects with innovative activities and high technological content – R&D, the establishment of corporate headquarters, ICT, and internet infrastructures – Spain was the sixth-largest recipient, after the United States, the United Kingdom, Germany, Ireland, and India.

9 October, 2020 /

Eleanor Roosevelt Balearia botadura Astilleros Armón Gijón

Asturias, at the forefront of sustainable shipbuilding

The launching of the catamaran ‘Eleanor Roosevelt’, manufactured in Gijón and propelled by liquefied natural gas, is a technological milestone at a time of great activity and strength of the Asturian shipyards

A few days ago the launching of the fast ferry ‘Eleanor Roosevelt’ took place at the Armón Shipyard in Gijón. Commissioned by the Baleària company, it is the first high-speed passenger catamaran to sail propelled by liquefied natural gas.

This pioneering and innovative project, a milestone for the shipbuilding industry in Asturias, has been supported by leading Spanish and international partners and has involved an investment of 90 million euros.

29 September, 2020 /

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