GE Oil&Gas invests more than 100 million in gas turbines
General Electric’s Oil&Gas division wagers over 100 million Euros on Tuscany and on the development of new generation gas turbines in the next four years.
General Electric’s Oil&Gas division wagers over 100 million Euros on Tuscany and on the development of new generation gas turbines in the next four years.
Foreign investments in Tuscany amount to over 9 billion euros, making up 8.6 percent of the regional GDP and 3.5 of all direct foreign investments in our country. There is a prevalent attention for financial services but also relevant are the real estate, the oil-chemical and the mechanical sectors. The data, relative to the year 2011, emerged from the research on “regional economies” recently published by Bank of Italy – Eurosystem.
The Tuscan airport system is working towards a goal of 11-12 million passengers a year within the year 2030, achievable combining Pisa international tourism vocation and Florence’s business customers one.
Tuscany is a great pole of attraction for European funds destined to innovation investments. The intense regional activity in setting up operational plans in order to support innovation, the presence of public and private research agencies of excellence, and the partnerships between actors of diverse nature operating in the same sector, created the conditions to take advantage of resources made available by the European Union (EU) in a much more substantial way compared to other Italian regions.
The global palm oil leader wagers 50 million on Livorno, making it its reference hub for Southern Europe. The Indonesian Musim Mas group – with a turnover of nearly 700 million dollars, 28,000 employees, and a presence in twelve countries along the entire palm oil production chain – has chosen Tuscany as the location for its production plant presiding over the Mediterranean and North Africa, and promises to be a reference point for the activities present in the areas surrounding the Tyrrhenian port.
«The main reason why we are located in Tuscany can be summed up in one word: expertise». But also because of the support on the part of the local authorities, which allows us to reduce our Research & Development costs, in effect increasing our company’s competitiveness and the eminent quality of our infrastructure. This according to Alberto Marinai, CEO of Continental Automotive Italy SpA, who was interviewed on the reasons that led the German company to establish themselves in the Tuscany region. It is on the basis of this observation, now shared by the 335 multinationals that are already present in the region, that Tuscany will take part in MIPIM in Cannes, the world’s leading international trade event for the non-residential real estate market, from the 12th to 15th March, in their search for new investors.