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

28180 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

2.134.125.825

AEVE represents

0.18%
0.1% Economy Spanish
7.1%
3.5% Economy REGIONAL
39.2%
21.7% of Industrial Sector of Region de Murcia

Direct impact

In 2019, the direct contribution of the twenty-three AEVE companies to gross domestic product, in terms of added value, exceeded 360 million euros and directly employed 1,594 workers

GROSS VALUE ADDED
363.108.208€

FULL TIME JOBS
1.594

INDIRECT IMPACT

The outcome generated by AEVE during 2013 on products and service suppliers increased up to more than €452M and generated 7,579 full time jobs.

GENERATED EMPLOYMENT
23.595
GROSS VALUE ADDED NATIONAL
201.159.298€
GROSS VALUE ADDED REGIONAL
1.538.767.465€
GROSS VALUE ADDED LOCAL
129.139.061€

INDUCED EFFECT

The economic effect related to the consumption of AEVE's direct and indirect employees, generated more than €158M as well as 2,598 full-time jobs in 2013.

GENERATED EMPLOYMENT
2.991
VGROSS VALUE ADDED BY AEVE DIRECTAMENTE
189.910.252€
VGROSS VALUE ADDED BY PROVEEDORES DE AEVE
42.339.910€
GROSS VALUE ADDED TOTAL INDUCIDO
232.250.162€

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
22.755.825 €
GROUND TRANSPORTATION MEANS USED IN 2013
LORRIES
175.165
SHIPS
951
175.165
SHIPS
15.000.000
T.PETROLEUM PRODUCTS
951
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.

1Value-Added Tax
2IBI: Industrial Property Tax
3ICIO: Contributions, Installations and Works Tax
4Local taxes
IVA1
214.722.587€
IBI2
14.650.489€
ICIO3
10.369.229€
Local taxes4
94.729€