Decoration, Homeware, Hardware, DIY, Gardening
BUSINESS FRANCE is delighted to introduce you to a French premium flower/plant pots manufacturers. POETIC is a new brand of creative and entry level-range of pots and garden planters. Made in France, the products are eco-designed and of high quality. More information is available on the website of their main group (which has more than 45 years of experience): http://www.bouillard.fr/ The Export Manager will be in Ireland on the 15th and 16th of February on the Hardware Show and would love the opportunity to meet with you, to introduce her innovative products and to discuss business opportunities on the Irish market. If you are interested, please contact Vimla HUNT: email@example.com
Fresh fruit & vegetables and processed vegetable products
On the afternoon of November 25th, 10 French companies and 27 Irish professionals with common interests in the fruit and veg sector gathered at the Morrison Hotel. That same morning, the French fruit and veg suppliers visited Smithfield Market and several retail outlets in the city center. After a presentation of the market and a quick lunch, everyone was ready to welcome the future Irish trade partners. Helped by a detailed catalogue presenting the French suppliers, and which allowed the meetings to be relevant and to the point, business appointments took place throughout the afternoon. A number of contracts have already been exchanged and you will soon find new French fruit and veg on the Irish Market!
Airbus, headquartered in the French city of Toulouse, projects that the global number of in service passenger aircrafts will double by 2033, to 31,400. The usual suspects can explain this rise in demand: change in demographics in developing economies, and tastes and preferences of their emerging middle class. Who will benefit from this near certain doubling of the market? Certainly one of the strongest cases comes from Airbus and the rest of the 3,000 French companies working in the field of aerospace.
More than Airbus
The European aviation industry, the production, maintenance and support of civil aircraft, is currently second largest in the world following the US’s Boeing led sector. It is undeniably integral to France in producing jobs and growth, as it is the largest foreign looking sector with 22 billion euros in net exports. Many SMEs depend and service Airbus and these will directly benefit from the impending expansion of the giant’s aircraft deliveries, as for the A320 for example, rising from 42 to the target of 50 planes per month.
Aside Airbus’s presence, there are many smaller companies that have succeeded independently and are capturing attention abroad. For example, Mapaero produces paint for airplane interiors and exteriors, such as for aircraft’s wheels. They rapidly acquire new airlines as clients, the company being particularly innovative as its products are in line with recent EU regulations restricting chemicals in paint. The company’s attempts to limit impact on environment will also secure it a bright future.
Ready for Take Off
The French aviation industry is currently well diversified, mature and a world leader. What are its prospects for the future? It seems hard for things to get better, but it certainly looks this way. Brice Robin, Ubifrance’s project head explains that the industry is not lingering on its current successes: “Yes, over the last 100 years France has a history with aviation. This however is never enough, and we have to look to innovation for the future. For example French companies spend an average of 14% of their revenues on R&D.”
Innovation is incredibly important for France to extend its advantage in a market that requires the utmost quality in order to ensure the security and longevity of its very expensive products to its prospective clients. Mr. Robin adds that there is an industry pressure for firms to “deliver faster, perfect parts with high level of quality, and better products with new technology, such as lower weight.”
There are competitors arising in developing markets such as Brazil, China and Russia. However, they are likely to have difficulty in competing with France’s knowhow and completeness of services. Mr. Robin explains, as an example, that the French maintenance’s market provides a one-stop shop for clients and this reduces costs as well as being convenient: “Today buyers don’t only look at the cost of aircraft, but also the maintenance and all else surrounding the aircraft since they will keep the aircraft for 25 to 35 years. They will also be renovating the aircraft interior every 5 to 10 years.” An airline doing business in France will not only purchase from Airbus but also look to other French companies, some located as near as the Toulouse metropolitan area, that provide maintenance and other support in usage such as refurbishment.
Mr. Robin puts this all in perspective of the emerging competition of the French industry: “Clients cannot supply all of their parts and components from a new player in an emerging market because some technologies, materials, designs, and new processes there will not be available and this is a French advantage.“ For example, for the maintenance of certain structural parts that are produced by Airbus, there is a requirement of special certification that can only be found amongst French engineers.
Ubifrance and French SMEs
Ubifrance helps French companies find clients and partners abroad. For example, Win MS participated with Ubifrance at trade shows in Dubai and was able to attain contacts with local airlines. Their aeronautical maintenance equipment were very impressive to Qatar Air, world’s second most preferred airline according to the World Airline Awards.
Aeroform provides repairing equipment for composite materials, much of which can be found in the structure of modern aircrafts. The company was looking for one distributor in Spain and Germany, and with help of Ubifrance was able to attain a list of seven to ten possible suitors in each of the markets. In three months they signed one distributor in each country and are now working with Ubifrance to achieve the same results in the Russian market.
For further information about French exporting companies, please go to:
Airbus : http://www.airbus.com/
Aeroform : http://www.aeroform-france.fr/
Mapaero : http://www.mapaero.com/en/
Ireland’s attitude to getting business done was considered one of the reasons Qualtrics, a research software company, decided to establish its European base in Ireland two years ago and it has expanded ever since.
Speaking at this year’s Web Summit, the company’s CEO and co-founder, Ryan Smith, said that having visited Ireland during previous Web Summits, he drew comparisons with Ireland and his home state of Utah which he believes had the ‘scrappy’ culture that manages to get things done.
This would appear to have been the case as since they first set up their office in Ireland, they have created hundreds of jobs in Dublin and are soon to expand into their new 26,000 sq ft office in Grafton Street.
Back home in their native US, the company is showing considerable growth since Smith and his father both started the company in 2002 from their home garage, having last September raised US$150m in Series B funding and has Microsoft, Fedex, Jet Blue and HP using its data survey, data collection and analysis technology.
Speaking of their model of data analysis compared with big data, Smith said, “There’s a lot of discussion around big data and organisations trying to line up, but the reality is that when they get to the end of getting that data sorted out, they typically already know what they’re trying to come up with. And the questions that they don’t have answers to, they still don’t have answers to it.”
Colm Gorey - Silicon Republic
Clothes, Fashion accessories, Jewelry
British fashion retailer New Look has received an offer for its loss-making French unit Mim and is confident a deal will be struck.
The firm, owned by private equity groups Apax and Permira as well as founder Tom Singh, also said on Tuesday its first-quarter sales and earnings exceeded its own expectations as it tapped into key summer fashion trends such as Kimonos, printed trousers and running shorts.
Chief Executive Anders Kristiansen declined to name the suitor for the Mim business, which has over 350 stores, but told reporters it was an Asian group that already operates in Europe, though not in retail.
"We’re making good progress, I think it will happen," he said, declining to say what the non-binding offer is worth.
New Look, which goes up against Primark and Next in a fiercely competitive British fashion retail market, had said in June it could sell Mim as France is not a country it plans to focus on.
Its strategy is to focus on building and developing the New Look brand in Britain, online and internationally in four countries - China, Poland, Russia and Germany.
The group said revenue rose 8.1 percent to 392.5 million pounds ($658 million) in the 13 weeks to June 28, with sales at stores open over a year up 8.9 percent. UK like-for-like sales rose 11.6 percent, while e-commerce sales jumped 39.2 percent.
New Look said underlying earnings rose 18.8 percent to 59.4 million pounds.
Kristiansen said the company was well placed for the year ahead, though he did caution that the second quarter faces tougher comparative numbers versus the year before.
"We have had a pleasing start to the second quarter," he said, noting the benefit of good weather.
New Look, which currently has net debt of 1.04 billion pounds, pulled a planned stock market listing in 2010 amid turbulent financial markets.
Kristiansen said another attempt at an initial public offering (IPO) should not be expected any time soon.
"The owners, shareholders, will decide when we should do an IPO ... I don’t see that happening in the imminent future," he said.
($1 = 0.5966 British Pounds)
Source: Fashionmag - Reporting by James Davey; Editing by Paul Sandle and Pravin Char
Electricity, Renewable energy, Nuclear
The two French companies operating in the energy industry, EDF and Veolia, have just finalized the agreement signed the 25 of March 2014 on their joint subsidiary: Dalkia, which is a leading player in the field of energy services. As part of this agreement, EDF handles the entire business of Dalkia in France while international operations are taken over by Veolia. This transaction, announced in October 2013, was subject to clearances from competition authorities which it was obtained in late June 2014.
Electronic and Computer
French cybersecurity firms increasingly successful in fast-growing market
Interview : Thibaut Barde, UBIFRANCE’s Project Manager for Digital Trust & Cyber Security,
In 2013, there was a 12% year-on-year rise in cybersecurity attacks, with nearly 60% of them causing either brand damage or direct revenue loss to businesses. This, coupled with highly publicized commercial and government breaches of IT security, has increased the demand for cybersecurity services. French companies are strongly placed in this growing market and their advanced solutions are in demand.
The 12% year-on-year increase in cybersecurity attacks that affected businesses in 2013 (Source: IBM 2014 Cyber Security Intelligence Index), regrettable as it may be, translates into the fact that the IT-security sector is experiencing sustained growth in this segment of the market. High-profile cases, such as the cyber-attacks on US retail chain Target, have raised awareness among business executives.
While US-based and British companies dominate current business in this sector, client entities are looking for alternatives in order to alleviate their worries of government intrusion. In this respect, French specialist companies are a strong contender in the eyes of many professionals and executives working for SMEs and start-ups, but also at established, larger groups: these clients are leveraging the French know-how stemming from top R&D centres and universities.
In 2013, the French cybersecurity sector was valued at more than $2 billion. The French network-security sector offers a wide range of services, including B2B IT solutions meeting strategic challenges, and comprises many world champions such as Atos, Orange, Sogeti, Bull, Cassidian and the cybersecurity division at Thales.
Thanks to their advanced technical research laboratories, more particularly in cryptology and encryption, French players are recognized worldwide. According to Thibaut Barde, UBIFRANCE’s Project Manager for Digital Trust & Cyber Security, “The reason for cutting-edge technology [thriving in France] is the quality of French universities in the field of engineering, which is known globally. Research laboratories associated with these universities train the best engineers of tomorrow.”
Secure IC SAS is a shining example of a company that has been working with top graduates having come out of the French educational system in order to become a thought leader in cybersecurity. Its platforms provide the highest level of security on a client entity’s embedded systems, preventing hacking and reverse engineering as well as protecting intellectual property and proprietary data. In 2013, Secure IC SAS won a Sesame Award for innovation in the manufacturing and testing of IT products.
French start-ups and SMEs have developed out of a strong domestic talent pool and many have decided to join forces under the HexaTrust label, which regroups 20 hi-tech SMEs that are keen to offer a co-ordinated, total service package to their clients. These software vendors and integrators provide a full range of products and services dedicated to the protection of the critical infrastructure of businesses and institutions from cyber-attacks. The HexaTrust umbrella group’s portfolio of current and potential clients is diverse and growing, including businesses and public-sector agencies of all sizes.
Due to the dramatic increase in the level of sophistication and intensity of cyber-attacks, public- and private-sector investment in cybersecurity is growing fast and is expected to rise by nearly 10% per year between now and 2017. This trend illustrates the promising opportunities that exist for a large business looking for a new market, or for a dynamic SME scaling up a new product.
Thibaut Barde of UBIFRANCE Paris explains that, “France’s distance from recent scandals [involving the international and covert collection of data by various government agencies, as revealed in the media] is favourable for French players since awareness on the use of data takes place at a global level. This has helped to build the profile of the industry and has generated increasing concerns for [the security of] personal data, which is a real asset for the French in particular: it is important when it comes to data-storage companies, among others.”
Many French companies in the sector are choosing to develop an international business outlook. French players have strong opportunities to seize in this market thanks to their technological expertise, combined with the diversity of products and services they can offer.
UBIFRANCE is here to help, with a strong presence at next year’s Infosecurity Europe trade event, where there will be as many as 15 French companies looking to expand their presence into the British market and other European markets. Infosecurity Europe will take place from 2 to 4 June 2015 at the Olympia exhibition centre, in central London (UK).
For further information about the trade show, please go to: http://www.infosec.co.uk/
For further information about UBIFRANCE, please go to: http://www.ubifrance.com/
Further information about French companies:
> Electronics and IT
> Telecommunications and Space
UBIFRANCE, the French agency for international business developement, comes under the aegis of France's Ministry for the Economy, Industry & Employment. UBIFRANCE lies at the heart of France's public-sector export support framework.