Consumer electronics equipment 400 500 amorepacific

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Consumer electronics Electrical/electronic/IT equipment 400-500 AMOREPACIFIC Perfumes, cosmetics 200-300 KIA MOTORS CORPORATION Automotive industry 50-100 THERE ARE OVER FORTY SOUTH KOREAN COMPANIES OPERATING IN FRANCE, WHERE THEY EMPLOY MORE THAN 2,400 PEOPLE. SOUTH KOREAN COMPANIES IN FRANCE There are over forty South Korean companies operating in France, where they employ more than 2,400 people. In 2016, a project to expand a production facility in the aerospace, naval and railway equipment sector led to the creation of 250 jobs in the Pays de la Loire region. FRANCE AS A RECIPIENT OF SOUTH KOREAN INVESTMENT IN EUROPE In 2016, Germany and Spain were the two leading European recipients of job-creating investment from South Korea, each attracting 20% of all South Korean projects in Europe, ahead of the Czech Republic (13%) and France (7%). 1 SELECTED INVESTMENT PROJECTS IN 2016 NAVER: 2 South Korean internet services provider Naver Corporation and its subsidiary Line each invested €50 million in France’s Korelya Capital, the primary manager of venture capital fund K-Fund 1, thereby freeing up €100 million to invest in startups and new technologies in France and Europe. One month after this injection of cash into the fund, Naver Corporation and Korelya Capital made their first investment in Devialet, a French startup specializing in acoustic engineering. With South Korean investment stock in France of over €900 million, this investment by Naver and Line amounts to more than 10% of FDI ever made in France by South Korean organizations. BEGINS CO., LTD. 2 : This South Korean firm that specializes in battery charging systems signed a partnership agreement with Calais-based electric-vehicle manufacturer Pariss. Begins will now develop and supply batteries for the Pariss electric racing car. 1 Business France Europe Observatory. 2 Non-job-creating investment cited as an example, but not included in the analysis. * FDI stock in France (immediate investor) as of December 31, 2015. FDI stock by immediate investor as of December 31, 2014 was €666 million.
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122 / 2016 ANNUAL REPORT - BUSINESS FRANCE BREAKDOWN OF PROJECTS BY BUSINESS ACTIVITY 2015 2016 Business activity Projects Jobs Projects Jobs Decision-making centers 1 4 First-time investments 1 4 Logistics 1 50 Retail outlets 1 10 Production / Manufacturing 1 250 R&D, engineering, design 2 35 R&D 2 35 TOTAL 5 99 1 250 BREAKDOWN OF PROJECTS BY HOST REGION 2015 2016 Host region Projects Jobs Projects Jobs Pays de la Loire 1 250 Ile de France (Paris region) 2 60 1 10 Provence-Alpes-Côte d’Azur 1 20 Normandie 1 15 Hauts de France 1 4 TOTAL 5 99 1 250 BREAKDOWN OF PROJECTS BY BUSINESS SECTOR 2015 2016 Business sector Projects Jobs Projects Jobs Aerospace, naval and railway equipment 1 250 Transport, storage 1 50 Energy, recycling, other concessions 1 20 Software and IT services 1 15 Agri-food, agriculture, fishing 1 10 Medical/surgical equipment, diagnostics and devices 1 4 TOTAL 5 99 1 250 CHAP. 3 / FOREIGN INVESTMENT OVERVIEW
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2016 ANNUAL REPORT - BUSINESS FRANCE / 123 SPAIN FLOW 45 PROJECTS (Business France) 715 JOBS (Business France) STOCK More than 1,300 COMPANIES
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