It circulates nearly 6000 newspapers and magazines

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It circulates nearly 6,000 newspapers and magazines from more than 100 countries in 60 languages, with unlimited access from tablets, smartphones and computers. Almost 500 publications are available in France. To be closer to its customers and publishing partners, the company decided to establish its first European office in Bordeaux, which will serve as its headquarters for the Europe/ Middle East/Africa (EMEA) region. The initial French team of six people is expected to number 25 in the medium term. According to Igor Smirnoff, co-founder of PressReader, France’s status as a country of culture, a pioneer in press freedom, and a leader in digital innovation meant it quickly became the obvious choice. Regional offices reporting to Bordeaux will also be established in Germany, South Africa and Spain. Merck & Co. MEDICAL/SURGICAL EQUIPMENT AND DEVICES American pharmaceutical company Merck & Co. generates 27% of its revenues in Europe, the Middle East and Africa, and decided in 2016 to expand its subsidiary Aptus Health in France. This startup specializing in digital solutions for healthcare professionals chose Puteaux, just outside Paris, as the location for its new decision-making center, which will serve as its international headquarters outside the United States. The investment will lead to the creation of a hundred jobs. They chose FRANCE 2016 ANNUAL REPORT - BUSINESS FRANCE / 29
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0% 4% 8% 12% 16% 20% 24% 0% 10% 20% 30% 40% 50% 60% Share of sector in all R&D projects in France (left axis) Share of R&D projects by sector in France (right axis)e) Agri-food Construction, building materials Chemicals, plastics Electronic components Consulting, engineering and business services Automotive industry Consumer electronics Energy, recycling, other concessions Electrical/electronic/IT equipment Medical/surgical equipment, diagnostics and devices Software and IT services Machinery and mechanical equipment Aerospace, naval and railway equipment Pharmaceuticals and biotechnologies Metals, metalworking Telecoms, ISPs Perfumes, cosmetics Financial services, banking and insurance Textiles, industrial textiles, clothing and accessories Glass, ceramics, minerals, wood, paper FIG. 7 Sector-by-sector breakdown of R&D investment projects in France (2016) The number of foreign investment projects in R&D, engineering and design boosted such entrepreneurial momentum in 2016, with 115 investment decisions, including 72 in R&D alone. 1 Beyond their impact on growth, R&D operations supply highly qualified jobs that generate high value added and are generally more stable than manufacturing jobs. R&D, engineering and design accounted for 10% of all foreign investment decisions in 2016, generating nine percent of all jobs created in France by foreign investors. Investments in R&D operations mostly involved setting up new R&D or engineering centers.
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