La Secretaría de Estado de Comercio, leadered by Amparo López Senovilla, has reinforced in Bilbao Strategic collaboration with Basque institutions to boost business internationalization. The event served to confirm the leadership of Euskadi in attracting state funds, validating its strength in sectors such as capital goods and renewable energy.
Institutional coordination and strategic sectors
During the workday, López Senovilla has held key meetings with the Agencia Vasca de Desarrollo Empresarial (SPRI) and Basque Trade & InvestmentThe objective has been to analyze the current complex international context and make progress in the coordination of joint strategies that allow Basque companies to maintain their competitive position in global markets.
The Minister of Trade has highlighted the role of Euskadi as an undisputed leader in Spanish foreign trade. This position is based on its solid industrial base, particularly excelling in:
- Capital goods and semi-manufactured goods.
- Renewable energy.
- Advanced technologies and industrial innovation.
42% of FIEM funding is allocated to Basque companies
One of the most relevant facts revealed during the visit is the leading role of Basque companies in the use of public financial instruments. Euskadi It has consolidated itself as the main beneficiary territory of Fondo para la Internacionalización de la Empresa (FIEM), a tool managed by the Secretaría de Estado de Comercio.
According to the figures provided, the Basque business sector has absorbed a majority of the available resources, which demonstrates its high propensity to go abroad and carry out large-scale projects.
| Indicator | Key Data |
|---|---|
| Fund used | Fondo para la Internacionalización de la Empresa (FIEM) |
| Funding approved in the Basque Country | More than 1.300 millones de euros |
| Share of the national total | Over 42 % of total financing FIEM |
Success stories: IDOM and Mondragón Group
To learn firsthand about the implementation of these policies, the secretary visited the facilities of IDOMThis company exemplifies a growth strategy based on three pillars: foreign development, high technological value and sustainability. IDOM has relied on the FIEM both for the preparation of studies and to promote projects in international markets.
The agenda also included monitoring future developments Parque Tecnológico de Euskadi, envisioned as a new hub to attract investment and talent, and concluded with a visit to Grupo MondragónThe latter, considered one of the world's largest cooperative groups, maintains commercial activity in more than 150 countriesCombining innovation and local roots as a formula for global success.
Key points and frequently asked questions about the Trade visit to the Basque Country
What is the Basque Country's role in the financing of FIEM?
Basque companies have received more than 1.300 billion euros in approved financing, representing more than 42% of the national total of funds. FIEM.
Which institutions have come together to coordinate strategies?
La Secretaría de Estado de Comercio has held working sessions with the SPRI (Basque Business Development Agency) and with Basque Trade & Investment.
Which industrial sectors lead Basque exports?
Capital goods and semi-manufactured goods stand out, although renewable energies and advanced technology are gaining strength.
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