Categories: Business

A move to France is “still not on the agenda” for 9 out of 10 French bosses.

Sovereignty remains an illusion for big business», according to Mark Debets, president of the By.O. group.
neiezhmakov – stock.adobe.com

According to the OpinionWay barometer, almost one in two big group bosses believe they cannot do without their activity abroad.

Bad news for the French entrepreneurial sector. Almost all bosses do not consider relocating their business. They are thus 90% to ensure that “This is not on the agenda», according to the third edition of the Sovereignty Barometer produced by OpinionWay for the procurement consultancy company, By.O. Group, unveiled by the echo

.

Of the 506 managers interviewed between October 9 and November 3, almost one in two bosses at a large group decided “no”.sovereign” a figure of 5 points compared to 2022 and 9 points compared to 2021. It is in the industrial sector that this “The renewed dependence on foreign countries is strongest», explain to our colleagues. “Sovereignty remains an illusion for big business», agrees Mark Debets, president of By.O. group.

Resettlement: Poorly targeted assistance from the recovery plan

“Price competitiveness remains a key constraint”

In the context of the wars in Ukraine and the Middle East, supply by suppliers based abroad is putting a brake on growth for all managers surveyed, when in 2022 they were only 37%, adding to this the energy crisis which still weighs on business costs. : 7 out of 10 managers believe it will continue to increase their costs and/or affect their ability to ensure their production this year.

Even if managers of large groups are not considering relocating their activity to France, they are more open than a year ago to returning their activity to Europe. Just over a quarter of them (28%) want to return to the old continent, compared to 3% in 2022, and 43% are considering the project (compared to 15% last year). “Price competitiveness remains a major constraint. Large restoration companies demand lower labor costs», underlines Mark Debates. So Europe seems to be an in-between solution for these companies and allows, in part, to move closer to France.

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