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Basque Development Agency

SPRI (Sociedad para la Promoción Industrial) - in English "Association for the Promotion of Industry", is the development agency of the Basque Country. It is a publicly owned company belonging to the Basque Government, and its main remit is to promote the Basque Country to foreign and Basque firms as an attractive place to invest and set up businesses.

SPRI has privileged access to a broad range of financial aids from the public and private sectors for the promotion of projects to set up new businesses. These attractive, competitive aids are available to interested firms.

The attractiveness of the Basque Country is evidenced by the fact that many renowned foreign companies already work there. Examples include the German firm DaimlerChrysler, through its subsidiary Mercedes Benz, and the US firms General Electric (Gepce), Pepsico (Pepsi-Cola España) and Tenneco, as well as firms with European capital such as Nestlé from Switzerland, the British/Dutch firm Unilever, the Japanese firm Bridgestone and the Swiss/Swedish group Asea Brown Boveri (ABB).

SPRI is available to work as an interlocutor in studying investment projects in the Basque Country by foreign companies moving into the area for the first time or wishing to expand their presence here, and can help facilitate a fast, successful start-up. Projects by Basque companies to set up commercial or production facilities abroad are also channelled through SPRI, as are Basque investments in industrial projects.


Source: Presidency of the Government - General Secretariat for Communication

Fecha de la última modificación: 07/05/2008