AIQBE Companies' 2017 Economic Impact: €1.9 Billion

At a glance
  • In 2017, AIQBE companies generated an economic impact of €1.9 billion in Huelva.
  • AIQBE companies invested €253.4 million in 2017, a 33.6% increase from the previous year.
  • Industrial production reached €8.431 billion, with oil refining, LNG regasification, and fuel transport/storage accounting for 59.7%.
  • CO2 emissions decreased to 3,234 ktons in 2017 from 3,452 ktons in 2016.

Economic Impact and Employment

The companies within AIQBE generated an economic impact of €1.9 billion in the Huelva region in 2017, primarily through the acquisition of goods and services from auxiliary companies and salary expenditures. The sector employed a total of 9,558 people, including direct, indirect, and induced jobs. AIQBE companies maintained high employment stability with 92% permanent positions and 58% of employees holding higher education degrees.

Industrial Production and Investment

In 2017, AIQBE associates achieved industrial production worth €8.431 billion, marking a 2.6% increase from the previous year. This resulted in an operating income of €11.145 billion and an EBITDA of €1.429 billion. The companies invested a total of €253.4 million, a 33.6% increase over the previous year, continuing a trend of rising investments since 2014.

Environmental Performance

AIQBE companies made significant investments in production, environmental protection, and energy efficiency, leading to a reduction in effluent values to 7.28 hm3 and CO2 emissions to 3,234 ktons in 2017. Although non-dangerous waste increased, 97% was recycled or recovered, resulting in a 7% reduction in non-reused waste compared to 2016.

Education and Research

AIQBE and its associates have a strong focus on education and research, promoting initiatives like "Un café con industria" and Dual-Professional Education to enhance employability and meet market needs. The association also collaborates closely with the University of Huelva to support research that can be transferred to private companies, fostering innovation and development in the industry.