The industrial sector plays a major role in the Asturian economy, with the presence of multinationals from the metal, agrifood, chemical and technological services sectors. Asturias is the 5th highest region in foreign investment in Spain.
The Asturian link to industry has led to the generation of interesting collaboration initiatives between companies in the region’s Cluster Network, 3 acknowledged as excellent by the Ministry of Industry: Agrifood Sector Cluster - ASINCAR, Steel Hub and MetaIndustry4.
The University of Oviedo is ranked among the best in the world, according to the prestigious Shanghai Ranking World Top 500 Universities.
Asturias sits in 3rd position nationally in talent retention, with the 4th highest rate of availability of engineers and researchers in Spain (Talent Map Spain, 2019. COTEC).
Natural Paradise par excellence, a third of Asturias’ territory has been declared Protected Natural Space. Spectacular beaches, Natural Parks and protected landscapes are the perfect complement to the industrial setting. It also has internationally acclaimed gastronomy (9 Michelin stars), with cities whose cleanliness and public spaces have been highlighted by the European Commission, as well as a technologically cutting-edge public and private healthcare system.
IDEPA, main economic promotion instrument in the region and acknowledged in 2018 as the best Regional Development in Europe, it has over 30 years’ experience in advising companies in how to develop their business.