EU notes the growth in foreign investment in key sectors
The European Commission published the report “Foreign Direct Investment in the EU” with a detailed overview of investments in the European Union.
According to the report, foreign companies own more than 35% of European assets. At the same time, only 3% of companies in 2016 belonged to investors from outside the EU, providing employment for 16 million people.
The EU notes steady growth in investment over the past 10 years. The largest investors are the USA, Switzerland, Norway, Canada, Australia, and Japan – they own more than 80% of all foreign assets.
There is also an increase in the number of new investors, where China stands out.
Offshore investors own 11% of foreign companies and 4% of assets.
Most foreign investors invest in oil refining, pharmaceuticals, electronics and optics, insurance and electrical equipment.
There is a noticeable trend towards an increase in the share of state-owned companies among foreign investors. State enterprises of Russia, China, and the United Arab Emirates stand out here, which is 2017 bought three times more companies than in 2007.