Loire Economic Development Agency - ADEL
Key Competitive Attractions
Seven good reasons to set up in Loire:
1) The location: the Rhone-Alpes is the most important region in France (excluding the Paris Region) for investments
2) You will be at the heart of nationally recognised research centres and activity zones, such as ViaMeca.
3) A qualified and available workforce, with an industrial culture and a range of training opportunities.
4) Modern logistics infrastructure facilitating efficient rail, road and air connections.
5) Over 20 sites with a sustained development approach to business
6) Optimum assistance for setting up a business: recruitment, financial aid and property search help, amongst other services.
7) A good quality of life
Loire occupies an excellent European location, with easy access to numerous major population centres in Western and Central Europe. It is a 45-minute drive from Lyon and 2 hours from Grenoble and Geneva.
Loire’s administrative centre is Saint-Etienne. It is France’s 8th largest urban centre by population, and, combined with Lyon and its suburbs, France’s 2nd largest urban metropolitan area, with a total population of 2.5 million people. Loire is at the top of its game in high-speed broadband for industrial companies and services. In 2006-2007 it produced a "very high speed broadband" programme, creating an exceptional technology park in the Saint-Etienne-Roanne area, equipped with secure optical fibre connections for companies across 114 activity zones.
Assistance and Support For New Business Investors
The Loire Development Agency (ADEL42) offers a variety of services, including:
- Offering detailed, reliable information.
- Organising and promoting proposals
- Making significant proposals to companies on your behalf
- Offering property assistance and advice
- Providing personalised assistance to the CEO throughout the project
- Providing follow-up assistance and support for your project
- Arranging meetings with significant business contacts, local authorities and potential partners, including lawyers, suppliers, consultants and contractors.
- Financial and legal advice, and study of the possible subventions.
- Support throughout the recruitment process, using our key partnerships with the national employment agency.
Existing Business Base
The economic region of Saint-Étienne and Lyon has 2.5 million inhabitants and is becoming one of Europe’s leading economic areas.
Loire’s Economy – Key Figures
- There are 1.2 million people in employment in Loire, of which almost 70% are in the service sector
- There are over 100 large companies with head offices in Loire
- Loire is home to around 541 companies with overseas capital
- There are 7 nationally recognised innovation clusters based in Loire
International Investments in Loire
- 68% of international companies in Loire are SMEs (20-249 employees)
- The international companies in Loire cover 15 sectors and have 20,000 employees
- Almost 35% of foreign investments in the Loire are in the mechanics sector
- Companies with overseas capital are located mainly in the south of Loire
- €2,662 million in exports and €2,107 million in imports
Foreign Capital:
Germany: 12 companies, Austria: 1 company, Belgium: 6 companies, Canada: 1 company, Spain: 2 companies, USA: 21 companies, Greece: 1 company, Iceland: 3 companies, Italy: 5 companies, Japan: 2 companies, Luxembourg: 1 company, Netherlands: 7 companies, Singapore: 1 company, Sweden: 3 companies, Switzerland: 6 companies, UK: 3 companies.
