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The study in brief!
1 130 632
Establishments (head offices and secondary establishments) referenced.
1 462 843
employees work in the PACA region
3 624
insolvencies recorded over a 12-month period, down 31.8% on the previous year.
11 436
Jobs threatened by insolvency as of November 30, 2020 over 12 months
"As part of the "France Relance" plan, the government has announced the launch of a fund, endowed with 400 million euros by 2022. It will help accelerate the realization of major industrial investments in the South Region. These projects represent more than 13 million euros of subsidies mobilized by France Relance for a total of more than 30 million euros of productive investments in the region.
- Max Jammot, Head of the economic department at Ellipshere
Seventh largest economic region in France
Economically, the Southern Region ranks 4th in the number of active companies, or 10% of the national total, with just over one million entities listed. On the other hand, it ranks 7th in terms of the number of employees (1.4 million), i.e. 6.5%, and in terms of cumulative turnover (218.6 billion euros), i.e. 4.8% of the national total.
A region impacted by its tourism activity
Since mid-March, tourism and related activities such as events (festivals, fairs and exhibitions) have been severely affected by closures and other cancellations. In the region, the loss of revenue for this sector alone is estimated at 5 billion euros.
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