Spain investments Renault Nissan ITP VW Volskwagen IRIZAR GM General Motors AIRBUS Antolin THALES EADS Opel SEAT Iveco

Latin American foreign investment grows strongly with a growth of 75% in 2022, up to a historical maximum of 73,000 million dollars+ 55% Direct Investment.

In the first three quarters of 2022, Foreign Direct Investment (FDI) accounted for almost 22,500 million euros, which represents a growth of 55% compared to the same period in 2021 ( ICEX).

Spain allocate 10 billion euros to its automotive industry to modernize it, this in order to develop connectivity with electric vehicles.

The group has estimated the initial investment at 3,000 million euros, in addition to 500 million for a photovoltaic solar plant and 1,000 million euros for later phases.

The German automotive group call for the Sagunto factory to start operating in 2026 to supply its cells to its electric cars manufactured in Martorell and Pamplona.

"Horse" will be based in Spain, in Madrid, where Renault has its main hub for hybrid engines.

ITP Aero leads a consortium of Spanish companies that begins the development of the first aircraft engine powered by hydrogen.

Danobatgroup invests 35 million euros to respond to the challenges of advanced manufacturing

Within this renovation plan, the group's businesses have invested a total of 35 million euros; Of which, 12 million are destined to expand and modernize the Danobat facilities in the Arriaga industrial estate in Elgoibar, 15 million to update the Soraluce plants in the Osintxu neighborhood in Bergara and 7 million for the Goimek facilities in Itziar .

80% Spanish companies plan to increase or maintain their investments in Spain in 2023

Spanish exports mark a new annual historical maximum and exceed €389,000 million for the first time in 2022.

Foreign trade continues to be the main engine of economic growth and job creator in our country. As shown by the data on foreign trade declared by Customs, Spanish exports of goods in 2022 as a whole set a new annual all-time high and exceeded 389,000 million euros for the first time. Likewise, the foreign sector in 2022 contributed almost half of the growth of Spanish GDP, with a contribution of 2.6 percentage points, out of a GDP increase of 5.5%. Of the large European countries, Spanish exports are the only ones that have not lost their share of world exports: their export activity shows greater dynamism than that of the European economies as a whole.

Stellantis, the industrial leader in Spain, marks a new milestone with more than 100,000 100% electric vehicles produced in 2022

851,661 vehicles of 16 different models of 5 brands have left its plants in Madrid, Vigo and Zaragoza, figures that place the Group as the leading automobile manufacturer in our country, with 38.4% of the total number of automobiles produced in Spain, according to data published today by ANFAC.

Stellantis Zaragoza, with 365,263 vehicles manufactured in 2022, produces, exclusively worldwide, the Opel Corsa and the electric Opel Corsa-e, which represents 15.5% of the Corsa that were manufactured in 2022.

In addition, it is key in the strategy Stellantis SUV with models such as the Citroën C3 Aircross and the Opel Crossland.

This year, the Aragonese plant has celebrated its 40th anniversary and has announced the upcoming arrival of a new model, the award of which responds to the high levels of quality, competitiveness and social climate of the plant.

Stellantis Madrid stands out for the success of the electric versions of the Citroën C4 and C4 X, which it produces exclusively worldwide.

The 23,677 units of the Citroën ë-C4 and ë-C4 X represent 29% of the total production of these two models in the Madrid factory, which totals 81,813 vehicles in 2022.

Europe represents the majority of order intake, i.e. 55% of the Group's total. Alstom has won a contract worth nearly 370 million euros for the supply of 49 additional high-capacity Coradia Stream trains to Renfe in Spain.

Indra, in the words of its president, has set itself the challenge of responding to the needs of the Armed Forces in an "optimal and effective" manner and mentioned that, although "we are in progress and progress has been made, there is still much to be done in fast, ambitious and coordinated way”.

Ms. María Amparo Valcarce, Secretary of State for Defense, added that in 2022 "we will take the first step to meet Wales's objectives of allocating at least 2% of GDP to Defense by 2029, by allocating a budget of 2 billion euros euros to this sector" and that in 2023 "we will celebrate a fundamental milestone": "we will reach 1.2% of investment in defense, that is, 4,902 million euros in special modernization programs". The significant increase in the PGE Defense budget, which will be 25.8%, will mean the creation of more than 26,000 jobs, and will have a great impact on "engineering, higher-level professional training and, therefore, on essential industrial qualified employment to guarantee the well-being and progress of Spain”.

82% of the vehicles manufactured in Spain were exported to more than 100 countries in 2019. In 2019, 2,310,070 vehicles were destined for foreign markets, of which about two million were exported to EU countries, but with growth of exports to destinations outside the EU.

For destinations outside the EU, exports to Africa increased by 48.5%, mainly to Algeria, Egypt, South Africa and Tunisia. Exports to countries such as Mexico, Brazil and Chile are also increasing.

Siemens Gamesa announces that the company OX2 has chosen its SG 6.6-170 wind turbine for Niinimäki, its next project in Finland.

Located in the municipality of Pieksämäki, this project concerns 22 SG 6.6-170 turbines, among the most powerful in the onshore wind landscape. "With a hub height of 165 meters, these wind turbines will take advantage of the high wind speeds encountered in the region", indicates Siemens Gamesa which specifies that when they are operational, these wind turbines will provide enough green electricity to supply approximately 100,000 homes. Once installation is complete, expected in late 2024, Siemens Gamesa will also assume maintenance services for the project over a period of 35 years, ensuring that the wind turbines operate at their maximum capacity throughout their lifetime.

Railway manufacturer Alstom announced on Thursday that it will supply 49 additional commuter trains to Renfe in Spain, completing an order worth more than 1.4 billion euros announced in early 2021. This order brings the total number of trains to 201 “ Coradia Steam» ordered by the Spanish national company, i.e. a total amount of 1.8 billion euros, maintenance and parts included. All trains will be manufactured at Alstom's production site in Santa Perpetua, Barcelona. The manufacturer has sold around 3,900 Coradia trains to date, and more than 3,000 are currently in operation in Denmark, France and Germany.

Two new converters for Spanish Duro Felguera

Duro Felguera Calderería Pesada (DFCP) has received an order from Primetals Technologies to build two new converters for ArcelorMittal’s steelmaking plant in Dunkerque, in northern France.
The converters will be produced at the company’s workshop for the manufacture of capital goods in Gijón, one of the best in the world in terms of technical capacity and product profile. Duro Felguera Calderería Pesada will be in charge of the complete manufacturing, testing, workshop adjustment and FOB delivery of the equipment. The work will be carried out throughout 2022 and 2023.

María Amparo Valcarce, Secretary of State for Defense, added that in 2022 "we will take the first step to meet Wales's objectives of allocating at least 2% of GDP to Defense by 2029, by allocating a budget of 2 billion euros euros to this sector" and that in 2023 "we will celebrate a fundamental milestone": "we will reach 1.2% of investment in defense, that is, 4,902 million euros in special modernization programs". In addition, he mentioned that the significant increase in the PGE Defense budget, which will be 25.8%, will mean the creation of more than 26,000 jobs, and will have a great impact on "engineering, higher-level professional training and, therefore, in qualified industrial employment essential to guarantee the well-being and progress of Spain”.

The ICEX Innova Invest Program aims to attract investment in Spain from foreign companies with a high innovative component. Its objective is to get companies to undertake complementary activities that they would not carry out, or that, without help, they would carry out in a limited way. More info in foundry magazine FUNDIDORES - december edition

“Spanish exports of goods have not only exceeded pre-pandemic levels, but have also marked an annual historical maximum. It is the first time in the entire historical series that Spanish exports exceed the barrier of 300,000 million euros” says Xiana Méndez; the executive director of ICEX-Invest in Spain at ICEX The investment trend that foreign companies have maintained in Spain during 2021 reflects a clear recovery compared to 2020. Thus, 90% of the companies surveyed increased or maintained their investments in 2021, compared to 69% in 2020. By 2022, 93% of companies plan to increase or maintain their investments. The volume of exports: companies with foreign capital in Spain have a clear export profile, and 75% of them export to third markets from our country. By 2022, 96% of companies expect to increase their sales abroad.

Industrial relocation at the time of the energy crisis: a note from Volkswagen announces that the production of the Wolsburg company could move to shores where gas arrives with reasonable continuity, in particular Portugal and Spain. A desire that could become more concrete in light of the mysterious incidents affecting the Nord Stream 1 and 2 gas pipelines in recent days. The announcement is also a sign of the changed geopolitical framework induced by the Russian-Ukrainian war. ( info Corriere della Sera)

NATO's Eurofighter and Tornado Management Agency has signed a 2,043 million euro contract for the acquisition of 20 Eurofighter aircraft for the Spanish Air Force.

The Halcón project will cover the delivery of combat aircraft equipped with electronic scanning radar (E-Scan), 16 single-seaters and 4 two-seaters. the Spanish Eurofighter fleet will then increase to 90 aircraft.

Spain must replace 80 combat aircraft from 2025 and there is a contract of 10,000 million at stake

FORD : electric future in Valencia to built engine plant from late 2022 and increased battery pack assembly capacity. The Valencia Engine Plant will build the 2.5-litre Duratec hybrid engine for Europe beginning late next year, to powers Kuga PHEV, Kuga, Galaxy and S-MAX Full Hybrid models.

Ford confirmed a new investment of €5.2M to increase battery pack assembly capacity at Valencia following the initial €24M investment.

Alstom Spain wins the order for the propulsion system of 25 TGVs for Sweden
Alstom's industrial site in Trápaga (Spain) will be responsible for supplying the propulsion system for the new 25 Zefiro Express high-speed trains, with an option for a total of 40 trains. The value of the first order is 650 million euros and the delivery scheduled for 2026.
In Spain Alstom employs 3,000 people, including 200 at the Trápaga site.

In the Iberian Peninsula, the group has 27 sites incl uding 4 sites dedicated to innovation and technology and 3 factories dedicated to the manufacture of industrial components.

The railway manufacturer Alstom has sold its Alsatian factory in Reichshoffen to its Spanish competitor CAF and the rights to two series of regional trains, French and German, the two groups announced on Monday.

Spanish CAF will supply 77 trams to Montpellier (France) : a new 224 million euros contract.

The Mexican market continues to be one of the most thriving for Spanish companies.

The most outstanding sectors so far in 2022 are the automobile, with the sale of engines and various components, and the furniture sector.

Spanish exports to Latin America in July 2022 grew by 22.4% year-on-year. Between January and July, growth was 32.9%.

Key to this growth was Mexico, which so far this year has already accounted for more than 2,920 million euros for Spanish companies. In fact, only in July it moved 458 million between the different sectors involved. More info at http://metalspain.com/2019.htm

The industry (assembly and the automotive supplier sector) invests on average an estimated at €4 bn a year in expanding and modernizing plants.

Spanish production plants are among the most efficient and automated in Europe, with 1,000 industrial robots for every 10,000 employees. This industry is one of the largest investors in modernization, automation, and RDI of any industrial sector.

The aerospace and defense industry is highly developed in Spain. In 2020 the Spanish market saw 11.4 billion euros in turnover and over 47,600 people employed.

The Spanish aerospace sector represents almost 5.4% of industrial GDP. To promote its development, the Ministry has drawn up a Strategic Project for Economic Recovery and Transformation (PERTE), which focuses on investing resources for research and innovation in the industry. According to the official project document, which provides the most recent official data, this industry generated an economic impact of €13,093M and generated a total of 155,261 jobs in 2020.

The Spanish aeronautics industry is a world leader in many fields, including composite materials for aircraft structures, low-pressure turbines, air traffic management systems and military transport aircraft

Volkswagen AG : cell factory in Valencia, Spain, and investments 7 billion euros together with Tiers.
3,000 jobs created with a production capacity of 40 gigawatt.
The new plant would be Volkswagen's second large-scale battery factory and the first one planned outside of Germany.

Spain to invest $13 billion to build microchip industry to convert the country into a major producer of microchips and help reduce the dependence of Spain and the European Union on other suppliers.

For destinations outside the EU, exports to Africa increased by 48.5%, mainly to Algeria, Egypt, South Africa and Tunisia. Exports to countries such as Mexico, Brazil and Chile are also increasing.

Aerospace : The sector has experienced constant growth in the last decade (83.7% since 2008).

The Spanish market reached a turnover of € 13.4 billion in 2019, employing more than 57,600 people. It is characterized by high growth and significant investment in R&D, which reaches 9% of the sector's turnover. The sector has experienced constant growth in the last decade (83.7% since 2008). • The Spanish aerospace sector represents 1% of the total Spanish GDP and 7.3% of the Spanish industrial production index.

SPAIN, FIRST EUROPEAN DESTINATION FOR LATIN AMERICAN INVESTMENT (source ICEX)

Latin American companies constitute a fundamental part of the Spanish business fabric. Together they maintain an accumulated investment of 47,168 million euros, 9.8% of the FDI received by Spain, according to official Spanish data.

Latin American investment in Spain amounts to 63,332 million euros, 12.1% of the FDI received.

Only the United States, the United Kingdom and France have invested more in Spain than Latin America, which places the region as the fourth largest investor.

Spain captures 2,800 million from Sovereign Funds, which in 2021 tripled global investment

It is the 4th economy in the EU and the 14th in the world with a GDP of 1,200 million dollars.

Spain is the 11th largest world exporter of commercial services with a record of 115,000 million.

Reyes Maroto, Minister of Industry, announced that the government will allocate 10 billion euros to the automotive industry, ie, 14% of European Next Generation EU funds. This in order to carry out a modernization that would take 10 years in 3 years.

Fagor Ederlan is a world leader in Chassis and Powertrain components for the Automotive sector. Our forward-looking strategy is based on innovation, technological development and our values as a cooperative committed to the environment, which makes us unique and different.

Experts in the entire value chain, we offer the best product solutions in different technologies and materials.
Technology and talent to achieve great expertise
More than 4,500 people make our project a reality. Talent, technological capability and an ongoing commitment to innovation allow us to customise our range of components for light and industrial vehicles, both in the terms of Chassis, Powertrain, Electric powertrain and Structural components.
We engineer high quality products tailored to satisfy the customer’s needs anywhere in the world.

MAHLE is a leading international development partner and supplier to the automotive industry, as well as a pioneer and technology driver for the mobility of the future. MAHLE Electronics has been part of the business of the German company since the acquisition and integration of the Nagares Group in 2017.

It currently has three production centers in Spain located in Motilla del Palancar, with 1,100 employees, in Boecillo, where it has a center production support satellite with 31 employees and in Paterna, with an R&D center with 381 employees. MAHLE products are installed in at least one in two vehicles worldwide. For decades, its components and systems have also been used on the world's racetracks and off-road, in stationary applications, for mobile machinery, rail transport, and marine applications.

SPAIN N° 1 in 2022 : Brussels raise the growth forecast for Spain's gross domestic product (GDP) to 6,3% in 2022: the most important growth in Europe.

New Investment 1 Billion euros in Spain
QEV Technologies, BTECH and Ronn Motor Group plan an investment of 1,000 million euros in the next 5 years for the development of electrical products for vehicles, buses and trucks. The project includes the production of Nissan lines, such as the e-NV200, under a new brand name, and would also host other leading projects with HispanoSuiza, Lupa, Voltia, EBRO (Ecopower), Inzile, Volta, Quantron, APPLUS Laboratorios, CANDLE Mobility, W-CARBON… The project includes more than 4,000 direct jobs and nearly 10,000 indirect jobs through a wide network of suppliers.

The associated companies in the Basque Aerospace Cluster invested 5.4% of their turnover in R + D + i (102 million euros) in 2020, a considerable magnitude -in the most difficult year - to ensure their competitiveness in technological advances for a more sustainable future. In the last decade, the effort of companies in R & D & I totals 1,596 million euros.

Aerospace : The sector has experienced constant growth in the last decade (83.7% since 2008).

Los productos MAHLE se instalan en al menos uno de cada dos vehículos en todo el mundo. En la actualidad, la compañía alemana cuenta con tres centros producción en España.
MAHLE es un socio de desarrollo internacional líder y proveedor de la industria automotriz, así como un pionero y un impulsor tecnológico para la movilidad del futuro. MAHLE Electronics forma parte del negocio de la compañía alemana desde la adquisición e integración del Grupo Nagares en el año 2017. En la actualidad cuenta con tres centros producción en España ubicados en Motilla del Palancar, con 1.100 empleados, en Boecillo, donde tiene un centro satélite de soporte de producción con 31 empleados y en Paterna, con un centro de I+D con 381 empleados. Los productos MAHLE se instalan en al menos uno de cada dos vehículos en todo el mundo. Durante décadas, sus componentes y sistemas también se han utilizado en las pistas de carreras del mundo y fuera de la carretera, en aplicaciones estacionarias, para maquinaria móvil, transporte ferroviario y aplicaciones marinas.

¿Qué ventajas tiene para una multinacional como MAHLE tener una fuerte presencia en España?
En primer lugar, disponer de un centro de referencia mundial de I+D con personal cualificado en electrónica e informática, una buena infraestructura y por supuesto una fuente de gran cooperación con la Universidad y Politécnica de Valencia. Así mismo, contamos con una excelente cooperación con los institutos tecnológicos en el parque de Paterna. En MAHLE Electronics disponemos de un gran soporte de las instituciones gubernamentales en Paterna, Valencia y la Comunidad Valenciana para llevar a cabo el desarrollo de la actividad estratégica y sostenible relacionada con la movilidad eléctrica. En Motilla del Palancar contamos con una organización cualificada en producción electrónica, formación profesional con cooperación con las instituciones de universidad de Castilla-La Mancha, gran disponibilidad de trabajadores y también gran soporte de las organizaciones gubernamentales locales en Motilla del Palancar, provinciales en Cuenca y regionales en Castilla-La Mancha.

¿Cuáles son los componentes que fabrican en España?
Fabricamos principalmente componentes estratégicos para el vehículo eléctrico, OBC (On Board Charger), HV PTC (Controladores de PTC para calefacción eléctrica), OBC (On Board Charger) + DCDC, E-compressors electrónicos, así como múltiples controladores para motores.

¿A qué mercados se venden las piezas fabricadas en España?
El mercado principal es Europa, pero suministramos también a Asia, Norteamérica y África.

Entre sus planes de expansión en España se encuentra una mayor presencia en la fábrica de Motilla del Palancar. ¿Cómo esperan crecer?
Desde 2017 hemos crecido de 450 a 1100 empleados en 2021 en Motilla del Palancar y el plan es continuar con una tendencia similar de crecimiento hacia 2025. En cuanto a facturación, hemos crecido de 70M€ a 135M€ en 2020, con planificación de 455M€ hasta 2025.

¿Estarán igualmente más presentes en otras plantas?
Nuestra unidad de negocio está relacionada con el vehículo eléctrico y tiene un desarrollo estratégico diferente y más rápido que otras plantas.

¿Cómo afecta al negocio de MAHLE la apuesta por el vehículo eléctrico?
Como otros proveedores MAHLE está en un proceso de transición tecnológica y con su estrategia dual está disminuyendo la dependencia del motor de combustión rápidamente, contribuyendo a la mejora medioambiental de nuestro planeta. La dependencia actual del motor de combustión es del 55% globalmente en MAHLE. En el caso de España, es uno de los sectores estratégicos del Plan de Recuperación, Transformación y Resiliencia.

¿Alguno de sus proyectos podrá recibir ayuda de los fondos europeos?
En la actualidad hemos sido ya nominados para participar en el PERTE junto con Ford en Almussafes. También estamos en conversaciones para la participación en el PERTE en Castilla-La Mancha.

La compañía ha desarrollado un motor eléctrico sin imanes. ¿Se fabricará en España?
No está planificada esta actividad en el ámbito de nuestra unidad de negocio de MAHLE Electronics.

MAHLE ha participado en el programa de inversiones de empresas extranjeras en actividades de I+D organizado por ICEX-Invest in Spain. ¿Qué ha significado para la compañía?
Nuestra participación es muy positiva y a la vez fundamental para poder continuar con el objetivo de atraer estas actividades de desarrollo que garantizan la continuidad y el futuro de las organizaciones, particularmente en los grandes sectores industriales, como es automoción, y estratégicos, como lo es la movilidad eléctrica.

¿Cómo ha sido esa colaboración con ICEX-Invest in Spain?
Desde el inicio, la colaboración ha sido muy cercana y fluida, pero sobre todo profesional. Nos han ayudado durante todo el proceso para resolver conjuntamente cualquier obstáculo, participando en revisión de nuestras instalaciones confirmando el potencial tecnológico del que disponemos como proveedor clave en desarrollo y fabricación de aplicaciones electrónicas de potencia para el vehículo eléctrico.

A pocos días de cerrar el año ¿Cómo esperan la facturación?
En el año 2021 y considerando todas las dificultades de disponibilidad de materiales para fabricación que afectan a todo el mundo y especialmente al sector de automoción, nuestra previsión actual es conseguir aproximadamente 200M€ de facturación, lo cual significa un crecimiento del 50% con respecto al año anterior.

Johann Meier
Vicepresidente XE de MAHLE Electronics
El apoyo de ICEX-Invest in Spain nos ha ayudado a resolver conjuntamente cualquier obstáculo, participando en la revisión de nuestras instalaciones confirmando nuestro potencial tecnológico como proveedor clave para el vehículo eléctrico.

Alstom : new contract 1.4 billion euros in Spain
The contract to supply Renfe, the operator of the Spanish railways, with 152 high-capacity trains from its X'Trapolis suburban train range
The contract also provides for the maintenance of 56 of these trains for a period of 15 years and the supply of parts for the fleet, as well as the initial stock of spare parts and their tools. Each train will be able to accommodate more than 900 passengers.

Hycast AS, a fully owned subsidiary of Hydro, is entering into a €9.7 million contract with Alu Iberica to provide casthouse technology for two aluminium plants in northern Spain.

The agreement includes design and supply of equipment for casting extrusion ingots based on recycled aluminium.

Galicia presents very high percentages of modernization, both of its machinery (14.2%) and of its facilities (23.5%). In addition to Galicia, the processes for improving the productive capacities of machinery occur with special intensity in Navarra (24.6%), Balearic Islands (23%), Basque Country (15.6%) Valencian Community (15.2%) ) and Asturias (14.4%). In the case of facilities, Cantabria (23.4), Asturias (11.9%) and Murcia (11.9%) stand out. By sectors, the renewal of productive capacities has been more intense in the manufacturing industry, followed by services.

Fagor Ederlan Tafalla foundry upgrades Compacted Graphite Iron production capability

The Fagor Ederlan Group has ordered a capacity and functionality upgrade of the SinterCast Compacted Graphite Iron (CGI) process control system at its foundry in Tafalla, Spain. The order specifies an upgrade from the initial System 2000 installation to the full System 3000 standard in order to support intensified product development of commercial vehicle and industrial power engine components. The System 3000 has been installed and initial CGI prototype production is underway.

“Following our last investment of more than EUR 40 million in new melting and moulding facilities, we have positioned ourselves with the metallurgical flexibility and dimensional capability to fully realise the potential benefits of Compacted Graphite Iron” said Mr. Ignacio Ainzua, Engineering Director of Fagor Ederlan Tafalla S. Coop. “With the upgrade to the full SinterCast System 3000 standard, we look forward to supporting the CGI product development and series production needs of our customers.”

and the end of April / beginning of May in North America.

Valeo expects sales in China to return to 2019 levels in the second quarter.

Valeo with a fall of 8% of its turnover in the first quarter to 4,488 million euros.

Spain Foundry Congress
Jornada FUNDICION Bilbao

Spain Heat Treatment Congress
Jornada Tratamientos Térmicos

Bilbao

Air Liquide reports revenue of 5,370 million euros for the first quarter of 2020,
showing comparable growth of +0.6%

GRUPO INDUSTRIAL RIESGO announced a 5 YEARS investment of 250 Million euro in Alu Ibérica

The new owner, GRUPO INDUSTRIAL RIESGO, will immediately invest 20 MILLION EUROS to improve existing equipment in the two Spanish plants of and

The two plants in Spain have restarted aluminum production April 13th, following a strict prevention protocol and minimizing the number of personnel in the factories.

Alu Ibérica is a Spanish manufacturer of billets and aluminum ingots and electrometallurgical paste products, currently focused on the Iberian peninsula market but with a clear exporting vocation.
It has two plants, in A Coruña and Avilés, which have been in operation for 60 years, and was acquired from Alcoa by the Swiss investor PARTER Capital Group AG, on July 31.

Alu Ibérica currently manufactures secondary (recycling) aluminum with a capacity of 140,000 mt / year today.
It maintains 328 employees in A Coruña, 168 of which in electrolysis operations, and 286 employees in Avilés, of whom 155 also in such operations. More info in the next magazine FUNDIDORES www.metalspain.com/FUNDIDORES-Foundry.html

The car industry invests more Spain
Investment in Spain grew 42% in 2018, according to the Spanish Association of Automobile and Truck Manufacturers (Anfac).

The automobile industry invested more than 3,000 million euros, a figure that exceeds 50% the average of the previous five years.
In total, in the last six years, the sector has invested more than 13,000 million euros in Spain.
The car companies billed 66.550 million euros with 93,500 employees.

The Chinese investment in Spain is of 15,7 Billion dollars between 2014 and 2018, which has meant an increase of more than 800% with respect to the previous period - between 2009 and 2013 (Source Solunion).

Ford is investing $879.67 m in Spain
Ford is investing $879.67 m in Spain to expand its plant in Almussafes, Spain by 2020 to produce the new Kugamodel.

ITP Aero begins the construction of its new plant in Vizcaya, Spain.
The growing demand for "externals", the components that are used in the coating of aeronautical engines, has led the Spanish company ITP Aero, of the Rolls-Royce group, to build a new factory for the design and manufacture of these elements.
Ninth company in its sector for worldwide sales and one of the top one hundred in the global aviation industry, ITP has more than 3,500 employees in its plants in Spain, the United Kingdom, Malta, the United States, India and Mexico.
The new plant, which will invest 14.2 million euros, will open next spring at the Scientific and Technological Park of Vizcaya, in the town of Derio. This location is very close to Zamudio, where the company has its headquarters. More info in next edition of magazines metalspain.com

FDI in figures
Spain has the sixth highest accumulated amount of FDI (Foreign Direct Investment) and is the sixth largest investor in the EU.
In 2016, flows to Spain increased by almost 50%, reaching USD 16,800 million (USD 11,900 million in 2015). In addition, Spain has strong outward flows of FDI, estimated at USD 41,790 million.
Among the strong points of Spain to attract FDI is its proximity to Latin America, where several Spanish multinationals . (Source bank SANTANDER)

RENAULT, PEUGEOT-CITROËN, NISSAN, IRIZAR are already manufacturing 5 full electric powered and hybrid vehicles in Spain.
Spanish Plants assembling 12 models with alternative energies propulsion (Gas, Hydrogen, electric)
Ford launched the new MONDEO Hybrid in the Spanish Plant of Almussafes.
AUTO-PARTS companies with plants in Spain advanced suppliers of components and systems for electric and hybrid vehicles.