What are the 5 main business sectors in Caen ? Keep reading to find out the answer ?
History of the economy of Caen
In the 20th century, the industrial sector is the most important sector in the city with the metalworking industry and the household electrical industry. After WW2, there was an industrial decentralisation in France. At this time, farming, the electronic industry, the household electrical industry and the automobile industry are the predominant sectors of the city. Later, Caen meets with a growth of the tertiary sector, mainly thanks to the health and tourism.
5 main business sectors according to the number of companies created
According to the INSEE (the French National Institute of Statistics and Economic Studies), the 5 main business sectors in Caen in 2015 according to the number of companies created were : the service sector for businesses with 280 new companies ; the service sector for private individuals with 272 the commerce/haulage/restaurant industry sector with 256 new companies ; the construction sector with 78 new companies ; and finally the industrial sector with 30 new companies. Therefore, the predominant sector is the service sector by far.
5 main sectors of activity
The 5 main activity sectors that keep the economy of Caen going are call centres, high tech activities of electronic transactions, yachting, health and tourism. Indeed, there are numerous call centres in the city. Also, the T.E.S. hub (“Transactions Électroniques Sécurisées”, literally secure electronic transactions) enables the multiple high tech activities of electronic transactions. Regarding yachting, Caen has several sailing schools and yacht clubs. Indeed, the river Orne crosses the city. Moreover, the university hospital gives lots of jobs in the health sector of Caen and its surroundings. Finally, the Memorial of Caen attracts thousands of tourists with between 300,000 and 400,000 visitors each year.
Caen is doing fine !
In short, the economy of Caen is not as good as it once was, but the city has what it takes to expand its economy. The city is on the right path !