What are the new EU investment rules for foreign companies?

The EU will propose rules for investments over €100 million, requiring technology sharing and local hiring.

How will the EU prioritize local companies?

New conditions will mandate joint ventures and technology sharing for significant foreign investments.

When will the new EU Industrial Accelerator Act be released?

The European Commission is expected to unveil the new rules later this month.

Home / Business and Economy / EU to Prioritize Local Firms in New Investment Rules

EU to Prioritize Local Firms in New Investment Rules

17 Jan

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Summary

EU proposes new rules to prioritize local companies in investment decisions.
Foreign investments over €100 million will face strict new conditions.
Conditions include technology sharing and local hiring mandates.

EU to Prioritize Local Firms in New Investment Rules

The European Union is preparing to unveil new legislation, the Industrial Accelerator Act, which will introduce stringent conditions for foreign and domestic investment decisions within the bloc. This proposed act signifies a departure from decades of free-trade principles, aiming to ensure that European companies receive preferential treatment.

Key provisions of the act will require foreign investments surpassing €100 million to comply with strict requirements. These conditions are designed to promote technology transfer, increase local employment opportunities, and foster collaborations through joint ventures with existing European businesses.

The European Commission plans to release these new rules later this month. The move is anticipated to reshape the investment landscape within the EU, potentially strengthening the competitive position of local industries and promoting economic resilience across member states.

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