OAE
Catalonia breaks foreign investment records in 2015
08/08/2017 15:12
Catalonia breaks foreign investment records in 2015
During the first nine months of last year some 3.700€ million were invested

During the first nine months of last year some 3.700 € million were invested in Catalonia, and regional startups received over 260 € million worth of financing, 266% more than in 2014.

In 2015, Catalonia matched its best ever foreign investment results for the first nine months of the year. Between January and September, some 3,700 € million were invested in Catalonia, a similar figure to that achieved in 2010, which was an exceptionally good year. 

These figures represent an increase of 240% compared to the same period in 2014, while the rest of Spain grew by 42%. These fine results were due to a strong third quarter showing an increase of 1,164 € million, its third best ever results only in 2010 and 2006. 

The figures supplied by the Ministry of Economy indicate that if the pace of investment is maintained during the last quarter of 2015 the results could be the best on record. 

According to these Ministry of Economy figures, investments in Catalonia came mainly from the Netherlands, France, Luxembourg, Germany, Mexico, the United Kingdom  and Ireland. 

Growth also seen in startups 

2015 was also a record year for startups in Catalonia, with record financing rounds raising over 260 € millions, some 266% up on figures seen in 2014. 

More than 100,000 € from private investors and public funds helped 55 companies develop their businesses, most of these in new technology businesses. 

Mobile application Letgo designed for selling second hand items got more than 92 € million, followed by its main competitor Wallapop, with 38 € million.