ECONOMIC AND SOCIAL IMPACT

ECONOMIC AND SOCIAL IMPACT

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The group of companies that form AEVE and its productive diversity is characterised by its link to industrial activity, particularly to energy production. Within those the activity that generates most of employment and Gross Value Added (GVA) is that of refining and coking, due to the large relevance of Repsol Petroleo within AEVE.

The 21 companies jointly contributed to the Spanish economy during the year 2013 with a significant added value of just over 978€ million and created 11,795 full-time jobs.

Employment

26833 empleos

The capital intensive nature of the economic activities developed by AEVE becomes evident when we observe that 1,618 direct jobs in Escombreras Valley generated 7,578 indirect jobs in the whole Spanish territory, as a consequence of the high added value generated by AEVE and especially due to a remarkable drag effect on the whole of the Spanish economy.

GROSS VALUE ADDED

3.242'9M

AEVE represents

0.33%
0.1% Economy Spanish
12.41%
3.5% Economy REGIONAL

Direct impact

GROSS VALUE ADDED
3.242,9M

FULL TIME JOBS
1.678

INDIRECT IMPACT

GENERATED EMPLOYMENT
22.183
GROSS VALUE ADDED NATIONAL
3.242,9M
GROSS VALUE ADDED REGIONAL
164,9M€

INDUCED EFFECT

GENERATED EMPLOYMENT
2.972
VGROSS VALUE ADDED BY AEVE DIRECTAMENTE
44,50M
VGROSS VALUE ADDED BY PROVEEDORES DE AEVE
187,6M
GROSS VALUE ADDED TOTAL INDUCIDO
232,1M

ADDITIONAL ECONOMIC DATA

The activity of some of AEVE's associates is directly related to the Escombrearas basin, benefiting from the facilities offered by the Port of Cartagena. AEVE's remarkable contribution to the economy of the Port of Cartagena nearly represents two-thirds of the total amount of taxed paid to the Cartagena's Port Authority.

In addition to maritime traffic, raw materials stowage for production processes and goods derived from them, represent another relevant factor for AEVE, being land transport one of the most common shipment means.

FULLY PAID TAXES TO CARTAGENAS´S PORT AUTHORITY
22,8 M
GROUND TRANSPORTATION MEANS USED IN 2013
LORRIES
295.582
SHIPS
1.315
1.315
SHIPS
295.582
LORRIES

Taxes and contributions in 2013

AEVE's important economical activity not only generates wealth and employment, but it also contributes to the public revenue at local, regional and national level.

ICIO3
22,30M
Local taxes4
3,29M