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What United States companies gave invested in Spain in the recent years?

What United States companies gave invested in Spain in the recent years?

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Expert Solution

It shall be noted that Investment plays a key role in the bilateral economic relationship between US and Spain. US companies like Costco, Oracle, Freeport Moran, ,Agilent Technologies, IBM, Pfizer, Microsoft, Cargill, Abbott Laboratories, Celgene, Caterpillar, AIAC are present in Spain, many of which are in the industrial sector – automobiles, chemicals, pharmaceuticals, industrial machinery, etc and has brought in significant investments.  

According to the Spanish Ministry of Industry, Trade and Tourism, U.S. investment in Spain was estimated at USD 70 billion in 2017 and has employed over 163,000 people. US companies in Spain acts as a catalyst for local suppliers and service providers and increases exports. Over 50% of Spanish exports are made by foreign multinationals with US affiliations located in Spain.

US investors also hold significant portfolio investment in shares of some of Spain’s largest companies.

Rahul Sunny answered 3 weeks ago
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