Operations manager sylvain michaut and his 23 strong

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Operations Manager Sylvain Michaut and his 23-strong team are based in the Saint-Thibault business park. The facility comprises 1,000 sq. m. of storage space and 200 sq. m. of offices for 17 technicians responsible for performing both preventive (lubrication, filter maintenance, checking electromechanical systems) and predictive maintenance (inspecting and replacing components to limit risk of breakage), along with curative maintenance as and when required (in the event of faulty contactors or circuit-breakers, for instance). “Our technicians always work in pairs, whether they’re conducting scheduled maintenance or troubleshooting,” explains the regional supervisor, emphasizing, as ever, Vestas’ two major priorities: safety and quality. To do this, Sylvain Michaut works with one person responsible for planning, a technical manager and three warehousemen dealing with inflows (parts arriving from Germany, where they are manufactured) and outflows (equipment transported to the wind farms by the teams). “From Aube, with the A5 and A26 motorways on our doorstep, we can easily supply parts to the wind farms in the Grand Est region,” he observes. 2016 ANNUAL REPORT - BUSINESS FRANCE / 59
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THE CONTRIBUTION OF FOREIGN SUBSIDIARIES TO FRANCE’S REGIONAL ECONOMIES A s foreign multinationals benefit from expertise within their parent companies, synergies between subsidiaries, global economies of scale, and differences in factor prices, they are more efficient and productive than domestic companies. OVERVIEW OF FOREIGN-OWNED COMPANIES Foreign multinationals are set up throughout France and contribute to economic growth in the regions that host them. According to the French National Institute for Statistics and Economic Studies (INSEE), there are a total of 22,571 foreign- owned legal entities in France. 1 At the end of 2014, foreign firms in France accounted for only one percent of all companies in France, but: • Generated 19% of all turnover 2 in the French economy. • Employed 12% of all employees in France. • Generated 30% of all export turnover. While these companies are set up nationwide, there is nevertheless a high concentration around major cities; consequently, Ile de France (Paris region) and Rhône-Alpes are home to more than half of these firms. Most foreign-owned companies operating in France are from fellow European countries, accounting MULTINATIONAL FIRMS ARE MORE EFFICIENT AND PRODUCTIVE THAN DOMESTIC COMPANIES. for 79% of legal entities. The leading source countries are Germany (16% of all foreign- owned legal entities), the United States (11%), Belgium (11%), Luxembourg (11%) and the United Kingdom (9%). FOREIGN INVESTMENT IN FRANCE LED BY MID-SIZE COMPANIES Mid-size companies dominate foreign investment in France, accounting for 52% of foreign company employees and turnover generated in France, as well as 60% of export turnover.
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