Industria
Agroalimentaria
Agrifood
Sector
Agrifood
Sector
INDEX
1.
NAVARRA: An Introduction.
1.1 Location.
1.2 A Dynamic, stable and balanced economy.
1.3 An Industrial economy.
1.4 A Global economy.
2.
NAVARRA: Preferred Choice for FOOD PROCESSING.
2.1 Strong and dynamic Agrifood sector:
2.1.1 The Sector in Navarra.
2.1.2 Main companies already established in Region.
2.1.3 Leading Technological and R&D Centers.
2.2 Availability of raw materials and increasing
agricultural production capacity
2.3 Access to Spanish and European markets.
2.4 Dedicated Industrial Estates.
2.5 Adapted training offer.
2.6 Government support.
2.6.1 Its own taxation system that encourage
productive investment.
2.6.2 Grants.
3 SODENA: Your partner for investing in Navarra.
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Agrifood
Sector
1.
NAVARRA: An Introduction.
1.1
Location
Navarra (www.navarra.es) is a region located in
northern Spain at the western end of the
Pyrenees. It shares a 163-kilometre-long border
with France.
The region covers 10,391 square kilometers and
has a population of almost 650,000. Half of the
population is concentrated in the capital,
Pamplona and surroundings.
Navarra is a small region within Spain, but it is
one of the most economically advanced, together with Madrid, Catalonia and The Basque
Country. Navarra ranks in top positions in all national indicators of economic development,
innovation, education, quality of life etc.
Navarra
Spain
Nav/Sp
Population (inhabitants)
643,864
46,704,314
1.4%
Surface (Km2)
10,391
504,782
2.1%
Population density (inhabitants/km2)
61.9
92.5
-
Source: National Statistics Center, Navarra Institute of Statistics. Data: 2013
Furthermore Navarra beneficiates of some economic autonomy and has its own taxation
system, and its own legal system in many areas, which is a unique characteristic among
Spanish regions.
The reason of it is that Navarra has been an independent kingdom for almost a thousand years
and has retained many of its ancient laws since the XVI century, one of them being the right to
some economic autonomy and own taxation system.
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Agrifood
Sector
1.2 A Dynamic, stable and balanced economy
The official statistics of the European Union, Eurostat, which measures the regional gross
domestic product per capita ranked Navarra, at 32 out of 277 regions, as one of the richest
regions in the EU-27 in early 2010 (and held it in that position in 2011 and 2012).
Navarra offers a stable economy with moderate inflation, and fully integrated in the EU.
In 2013, GDP per capita of Navarra ranked third among all Spanish regions.
GDP (2013)
Navarra
Spain
EU-27
GDP, current prices (billion
Euros)
18,957
1,022,988
13,031,902
Per capita GDP (euros)2012
28,358
21,948
25,600*
Source: Eurostat 2013, National Institute of Statistics 2013, Navarra Institute of Statistics 2013
Navarra maintains a higher Standard & Poors credit rating than Spain as a whole. Prior to April
2010, Navarra’s credit rating had been the highest possible AAA rating. However, as with most
other regions in Europe in 2011, it was downgraded to reflect the deepening crisis within the
Eurozone.
According to data from 2014, Navarra has a rating of 'A-' two levels above the level of Spain
rating (BBB).
Navarra has the lowest
unemployment rate in Spain,
with a rate of 14.92% by the
3rd quarter of 2014, in contrast
to the national average of
23.5%.
Currently
46,200
people are ready to enter the
labor market.
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Agrifood
Sector
1.3 An Industrial economy
Navarra is one of the top Spanish regions with highest importance of industry in its regional
GDP.
The economic structure of Navarra presents a remarkable specialization in the industrial
sector. Proof of this is the significant weight involving goods and automotive industry in its
economy.
The Navarre business community is varied and is made up of a large number of small and
medium-sized companies. There is also a significant presence of production plants belonging
to multinational corporations, given their importance in terms of employment and value
added, as well as their decisive contribution to the modernization of the regional productive
machine and, therefore, to the economic development of the region.
The agro-food industry is the third in order of importance, provide over half Navarre´s
industrial GAV.
Regional Gross Added Value (%) by economic sector
Employment (%) by economic sector
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Agrifood
Sector
1.4 A Global economy
Navarra’s exports have grown a great deal in recent years. In 2013 the total value of exports
from Navarra grew to over 7.3824 billion euro.
Foreign trade in goods – Navarra vs Spain by sectors (2013)
Source: Statistics National Institute and Spanish Federation of Chambers of Commerce
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Agrifood
Sector
Foreign trade in goods– Navarra by geographical area (2013)
Navarra’s exports have grown a great deal in recent years. In the period January-December
2013, the total value of exports from Navarra grew to over 7.3824 billion euro.
Source: Statistics National Institute and Spanish Federation of Chambers of Commerce
Source: Statistics National Institute and Spanish Federation of Chambers of Commerce
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Agrifood
Sector
Coverage rate
According to the latest report of the Regional Directorate of Commerce in Navarra, the data
for the period January-December 2013, threw a coverage rate of 192.4% in Navarra. In the
case of Spain the coverage rate was 93.6%, placing it as the first region in absolute value of its
trade balance.
Particularly important is the Balance trade for the agrifood sector, with an increasing positive
balance since 2004, explained for an important increase in exports of both agricultural and
food products. The coverage rate in 2013 reached 190.93% for this sector in Navarra.
Balance of Trade for the Food and Agricultural sector in Navarra
1.000.000,00
800.000,00
600.000,00
400.000,00
200.000,00
Import
Export
-
8
Agrifood
Sector
FOREIGN COMPANIES IN REGION
Over 100 multinational companies from 20 countries are operating in Navarra. The following
graph shows the distribution, both by sector of activity and by country of origin.
Number of foreign companies by sector
Source: Sodena
Number of foreign companies by country of origin
Source: Sodena
9
Agrifood
Sector
1. NAVARRA: Preferred Choice for FOOD PROCESSING
Navarra is a strategic location for investments in the agrifood sector for several reasons:

It has a dynamic and developed cluster to promote and facilitate innovative
processes that are being developed within the sector, renewing the industry’s
competitiveness in the marketplace.

It offers a strong agrifood base, with a wide representation of local, national and
multinational companies.

The increasing access to raw material.

It is strategically located in the North of Spain with very good accessibility to France
and in the crossing of two mayor communication axes: Bilbao-Barcelona axe and
Paris-Madrid-Lisbon axe.

It offers with sufficient skilled labour force and with and adequate education and
training system to cope with current and future needs of the industry.

The Region of Navarra enjoys a high degree of autonomy and self-government
within Spain, which allows the Region to keep its own differentiated tax regime.
Next pages provide supporting information on these elements.
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Agrifood
Sector
2.1 Strong and dynamic Agrifood sector
2.1.1
The Sector in Navarra.
The highly regarded food and agriculture sector in Navarra is of strategic importance for the
development of the province. The growth potential of this sector is high, given its capacity to
generate wealth and employment.
Navarra is one of the leading Agrifood clusters in Spain, located at the heart of the Ebro
Valley, with an annual turnover of €3,000 million plus €900million in primary sector.
This sector of the economy incorporates fishing, livestock, farm produce and the food
manufacturing industry. It has over 1,270
businesses (585 in food industry processing and
packaging) and employs around 25,500 people.
The agrifood is the most territorial impact
sector. Its activity and wealth is distributed
throughout the Region.
Its potential for growth and employment
generation capacity still remain elevated.
The agrifood sector is a leading one in Navarra
thanks to its strong presence in the region and
its GDP contribution (6.6% of total Regional GDP
and 14% of Regional Industrial GDP) and job
creation.
It is a sector made up of a varied business fabric with some internationally well-known
companies.

The two most important producers of frozen vegetables in Spain, Ultracongelados
Virto y Congelados de Navarra are Navarra companies.

A leading region in canned vegetables, with the biggest national group based in
Navarra region.

Home to Spanish leader of Fresh Salads and fruits, Grupo Florette Iberica.

National leader in duck products niche market, with local companies such as
Conservas Martiko.
11
Agrifood
Sector
Following graphs provide a quick overview of the structure of this sector in the region:
Characteristics of industry
*milling products, fats and oils, animal feed, bread,
pasta, sugar, chocolate and confectionery,
miscellaneous products, packaging.
12
Agrifood
Sector
2.1.2
Main Companies already established in the Region
Navarra counts with a strong presence of foreign companies in Region, including some leading
worldwide players, as it is indicated in the following table.
Local Company
AGROZUMOS
Activity
Fruit juice
ARDOVRIES
Frozen
ESPAÑA, S.A.
vegetables
FROMAGERIES BEL
Dairy products
ESPAÑA GROUP
Frozen
GELAGRI IBERICA
vegetables
GENERAL MILLS
Processed food
SAN ADRIAN
HORTICOLA DEL
Processed
EBRO
vegetables
INTERMALTA
Beer malt
Jobs
Ultimate
parent
101-250
Grupo RIHA
WESERGOLD
<50
GRUPO ARDO “Findus”
<100
Fromageries
Bel SA
251-500 Grupo Gelagri
>500
<100
<100
GENERAL
MILLS
Grupo
CECAB
MALTEROUP
Laiteries
Hubert
Triballat
Groupe
EMMI
LACTEOS GOSHUA
Dairy products
<100
LACTEOS DE
NAVARRA
Dairy products
<100
MANANTIALES DE
BETELU
Mineral water
<100
United Soft
Drink
MONDELEZ
ESPAÑA
Biscuits
<100
MONDELEZ
INTERNATIO
NAL
PLANASA
Plant breeding,
nurseries and
production fresh
asparagus and
endives.
<100
PRECOCINADOS
FRISA, S.L.
V game products <50
REFRESCO IBERIA
VEGA MAYOR SA
VEGETALES LINEA
VERDE
Beverage
packaging
Ready to eat
salads and fruits
Ready to eat
salads and fruits
<100
---
FRISA
FRANCE
REFRESCO
HOLDING BV
Product Brands
“Granini”
Country
Germany
Belgium
“La Vache qui
rit”, “Babybel”
France
“Bonduelle”
France
Mexican Food
“Old El Paso”
USA
“D’Aucy”
France
-
France
Local brand
“Goshua”
National brand
“KAIKU”
Local brand
“Manantiales de
Betelu”
Biscuits “Oreo
“Chip Ahoys”
and local brands
France
Switzerland
Netherlands
USA
---
---
---
France
---
The
Netherlands
500
Grupo Agrial “Florette”
France
<100
LINEA VERDE
Italy/Spain
“DimmidiSi”
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Agrifood
Sector
The region also counts with a wide spectrum of local food processing companies, some of
them major players both at national and international levels. Some of the most relevant are
illustrated in table below.
COMPANY
EMPLO TURNOVER
YEES
€M
PRODUCTS/ACTIVITIES
VISCOFAN, S.A.
+ of 500
GRUPO AN
+ of 1000
672
GRUPO UVESA
+ of 500
300 Products derived from poultry meat
BERLYS
CORPORACIÓN
ALIMENTARIA, S.A.
+ of 500
225
ULTRACONGELADOS
101-250
VIRTO
GRUPO
CONGELADOS DE
NAVARRA
251-500
IBERFRUTA MUERZA,
251-500
S.A.
752,78 Artificial casings for meat products
Compound animal feed, fruit and vegetables
producer and poultry operator
Bakery, pastries and patisserie products
226 Canning and preserving vegetables
83,66 Canning and preserving vegetables
71,21 Fruit Derivatives
APERITIVOS Y
EXTRUSIONADOS
S.A.
101-250
CONSERVAS
MARTIKO, S.A.
101-250
ALIMENCO, S.A.
101-250
15,26 Canning and preserving vegetables
CONSERVAS HIJOS
101-250
DE MANUEL S.B, S.A.
9,41 Canning and preserving vegetables
BAJAMAR, S.A.
7,27 Canning and preserving vegetables
101-250
45,8 Snacks
52 Production of duck products
Furthermore, The Association for the agroindustry sector for Navarra, La Rioja and Aragón,
CONSEBRO is located in Navarra. This sectorial association, created in 1967, represents more
than 130 companies and provides services to its members to ensure companies maintain their
competitiveness while adapting to new industry challenges.
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Agrifood
Sector
Description of some main companies located in Navarra:
Food enterprise specialized in the production and marketing of
pre-cooked bread and frozen bakery, pastries and patisserie
products.
BERLYS Corporación
Alimentaria, S.A.
CONGELADOS DE
NAVARRA, S.A.U
CONSERVAS MARTIKO,
S.A.
GELAGRI IBERICA, S.L.
Founded in 1994, the company is leader in quality, innovation and
service in the sectors: bakery and patisserie, hospitality and
catering, modern foodstuffs and specialized shops. A front-line
company thanks to its 7 production plants (4 of them are located
in Navarra) with cutting-edge technology, 2 large logistics centers,
31 regional offices and 700 distribution points, able to supply
more than 300 different products every morning throughout the
country and to more than 20,000 clients.
It is the largest broccoli manufacturer in Europe and one of the
top 10 frozen vegetable producers in Europe. Additionally the
company is specialized in value added products like sautéed,
grilled, etc. They manufacture a wide range of products for the
Retail, Foodservice and Industry channels.
The Martiko Group has wide experience in the food industry,
developing all farming, industrial and commercial activities
needed to bring to the consumer their duck and salmon products.
Founded over 25 years ago, actually has 5 production plants and it
is leader in the domestic market.
It belongs to the Bonduelle Group and GELAGRI BRETAGNE, SA. It
is one of the most important European producers of vegetables
and frozen processed products. Its plant in Navarra is mainly
dedicated to all kinds of frozen vegetables and the production of
pre-cooked meals, frozen and canned.
It is one of the most important world companies in food
production. It has over 150 years of experience and it is widely
present all over the world. The factory in Navarra produces 50,000
tons per year of their “Old El Paso” and “Nature Valley” brands to
cater to 32 countries.
GENERAL MILLS
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Agrifood
Sector
PLANASA, S.A.
VEGA MAYOR, S.L.
Planasa is one of Europe's largest horticultural companies and has
worldwide presence. It currently boasts 3 important sections:
plant breeding, nurseries and production and marketing of fresh
asparagus and endives. The Planasa Group headquarters and the
vitro laboratory are located in Navarra, where new cultivations
and varieties of fruit trees for continental climates are cultivated.
Planasa also has an endives processing plant in Valtierra, Provedis.
Vega Mayor (Florette Spanish Group) is the Spanish leader in
production and marketing of IV range salads and vegetables. The
group is also the European leader in ready to eat vegetables and
salads.
The Viscofan Group is the world leader in artificial casings for
meat products which it distributes in over 100 countries
worldwide. It is the only manufacturer in the world using
technology for all categories of casing products: cellulose,
collagen, fibrous and plastic.
VISCOFAN, S.A.
Viscofan has casing production sites in Spain, Germany, Brazil,
China, the US, Mexico, the Czech Republic and Serbia. Vegetable
food production sites for the brands of the IAN Group in Spain,
and 14 sales offices. The company headquarters are located in
Navarra where they have two production plants.
Mondelēz International, Inc. is one of the largest groups of
snacking in the world. Mondelez Spain is one of the 10 largest
food companies in the country and one of the leaders in the
categories of cookies, desserts, chocolate, nougat, cheeses, and
gum and candy. It has five plants, one located in Navarra where
produces national and international bands leader biscuits such as
“Chips Ahoy!” and “Oreo” sold in Europe. The factory also exports
to the United States, Australia, Israel, South Africa and Morocco.
ULTRACONGELADOS
VIRTO
Ultracongelados Virto produces a complete range of frozen
vegetables, pulses, fruits and mixes with vegetables, offering our
customers the best quality and service, at a very competitive
price.
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Agrifood
Sector
2.1.3
Leading Technological and R&D Centers
The region has a large number of research centers that drive the development and creation of
new lines of growth in the sector.
Agro industry:
The National Centre for Technology and Food Safety (CNTA)
works on the front line with the agrifood sector in order to open
up new paths related to Quality, Technology, Safety and
Innovation in food. Its five major areas are food research,
development and innovation, foodstuff control and analysis, inprocess assistance, quality and food safety management systems, technical training and
consultancy.
Agriculture & livestock:
The Regional Livestock and Agricultural Technical Research
Centre (INTIA) includes specialized infrastructure for:
Wine: The Viticulture and Enology Station of Navarra is specialized in research,
experimentation and dissemination of the most suitable techniques for grape growing and
wine production and the management of the official wine cadastre of the Government of
Navarra.
Milk: The Lactological Institute offers dairy produce companies and cattle breeders, a
comprehensive service for the sustainable production of safe, healthy and quality food. It
is the official milk control laboratory in Navarra.
Universities:
Food Sciences Institute of University of Navarra: The extensive
experience of this university in Pharmaceutical Development is
directly applicable to nutrition research, constituting a
multidisciplinary platform that covers the entire process necessary for the development of
nutraceuticals/ functional foods.
More specifically, the Centre focuses its efforts on a number of key research areas
considered in the development/prevention of obesity and its co morbidities and in the
search for bioactive compounds that may lead to the development of nutraceuticals or
functional foods.
Institute of Agro-bio-technology (IdAB): A joint Centre belonging to
the State University of Navarra (UPNA), the Spanish Higher
Scientific Research Council (CSIC) and the Government of Navarra.
The Centre focuses on Agrobiotechnological research areas of
biomedical interest.
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Agrifood
Sector
2.2 Availability of raw material and increasing agricultural
production capacity.
Navarra is located at the
hearth of The Ebro Valley, one
of the main agricultural and
agro industrial areas of Spain
with 2,4 million hectares,
900,000 of them irrigated.
The Region has 300,000
hectares
cultivated
with
Mediterranean and Nordic
products, for some 2 crops per
year.
Surface (Hectares)
Cereal grains
Dried pulses
Tubers for human
consumption
Industrial crops
Flowers and ornam. plants
Forage crops
Vegetables
Total arable crops
Fruit
Vineyard
Olivar
Nurseries
Total woody crops
Rain fed
Irrigated
Total
150.357
5.105
47.650
968
198.007
6.073
270
5.756
319
962
589
6.718
2
8.847
821
171.158
3.030
8.815
2.714
10
14.569
44
10.899
20.098
80.940
4.504
10.612
3.081
61
18.258
46
19.746
20.919
252.098
7.534
19.427
5.795
71
32.827
18
Agrifood
Sector
The Navarra Canal project is a 177 km.
waterway that will irrigate an
extensive part of the whole province
of Navarra. Current projects on the
canal include the construction of 6
tunnels, with a total length of 13.5
km., 12 drains with a total length of 51
km. and 2 aqueducts 570 meters long.
Plans also call for 4 control ponds, with
a total storage capacity of 9.5 cubic
hectares. The entire length of the
Canal has been equipped with the
latest automation for hydraulic
engineering.
New irrigated land with “Canal de Navarra”
The main agricultural benefits of “Canal of Navarra” are:

Access to Greenfield lands.

Top quality water from Pyrenees Mountains.

The increasing surface of irrigated land: from its present level of 103,000 hectares
to 156,000. Of those, 22,000 hectares are already in place and additional 15,000
will be ready by 2015.

Increase of gross productivity estimated between €0.6 /m3 and €1.2/m3, compared
to national average values of €0.22/ m3 of traditional irrigation and €0.41/m3 of
the irrigation coming from modernized gravity.

Greater diversity of crops (more than 50) and the possibility of double harvests.

Competitive pricing of a cubic meter of water from. 0.05 €/cubic meters, which is
lower than in most of the Spanish irrigation zones and limited energy cost
(irrigation by aspersion at natural pressure).

Plot concentration already done, with dimensions that favour efficiency and
mechanization.
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Agrifood
Sector
2.3 Access to Spanish and European markets.
Navarra has a well-developed road network. It is crossed by several motorways that afford
easy access with the rest of Spain and Europe. Particularly important is the crossing of two
major Spanish axes North-South, linking Paris to Madrid, and East-West, linking Bilbao and
Barcelona.
The two major Spanish consumer centers (Madrid and Barcelona) can be reached in less than 3
hours from Navarra, and 70% of national consumption is within a radius of 350 km.
Excellent national highway
connections to
Madrid
Barcelona
Top 2 consumption centres
X
X
Top 3 Logistic platforms
X
X
X
Top 4 Goods Airports
X
X
X
Several Seaports
X
Zaragoza
Vitoria
Bilbao
Pasajes
X
X
X
Furthermore Navarra, bordering France, offers a good geostrategic location to access
European markets.
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Agrifood
Sector
2.4 Dedicated Industrial Estates.
The Agrifood City of Tudela (CAT) is a pioneering business park where infrastructures and
services are shared to improve the competitiveness of the companies located there. This
industrial complex provides over one million square meters for the agrifood sector with fully
centralized services based in an excellent strategic location.
Its objective is to avoid investments in private installations for each company. Thanks to this
innovative system, estimated cost savings of up to 15% can be achieved.
The entire value chain is concentrated in one place:

Producers.

Ancillary industries.

Logistics.

Infrastructures.

Services and institutions that support the sector.
The common services offered are:
 Trigeneration plan to produce steam, cold water for refrigeration and electricity.

Industrial Refrigeration:
-

air
Other services:
-

10ºC for refrigerated chambers.
Cold water at 5.5ºC for
conditioning.
Integrated waste and discharge
management.
Natural gas.
Firefighting system.
Process water.
Surveillance and telecommunications network.
Business Centre with conference facilities.
Free services and support to corporates include:
-
Consulting services, for start-up and development phases and your own energy
savings study.
Search for local partners and suppliers.
Access to finance.
Turnkey solutions – tailor made to your needs.
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Agrifood
Sector
2.5 Adapted training offer
Navarra offers a wide range of technical and academic training for the agrifood sector ranging
from basic formative courses to university post-graduate degrees.
High level Education
Graduate and postgraduate offer jointly provided by the two universities established in the
Region.
State University of Navarra:
It has a strong focus on Engineering, with specific section on Agricultural
Engineering. 75 graduates per year.
Private University of Navarra:
It has a strong focus on experimental degrees linked to health (biology,
pharmacy, medicine etc) and special interest in Nutrition and Health.
 Post degree programs on Nutrition and Health
 Dedicated R&D resources to Food, Nutrition and Health
Vocational Education
There are basic (2 years) or High degree (2+3 years) in different locations and specialised by
areas:

Food processing:

- Manufacture of food products.
- Processes and quality control in the food industry.
Equipment:

- Installation and Electromecanic Maintainance of Equipment and and Lines.
- Industrial equipment maintenance.
- Agricultural welding.
Farming:
-
Extensive Farming.
Management and Organisation of Agricultural Enterprises.
Organization and Management of Natural Resources and Landscape.
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Agrifood
Sector
2.6 Government support
2.7.1 Its own taxation system that encourage productive
investment
The Region of Navarra enjoys a high degree of autonomy and self-government within Spain,
which allows the Region to keep its own differentiated tax regime:

Lower corporate tax rates.

Important fiscal deductions to encourage productive investments.

Regional program of grants and incentives.

Lower amortization rates and flexible depreciation plans.
Currently a fiscal reform in Navarra is underway.The main Corporate Tax differences between
Navarra and the rest of Spain are.
Navarra
Type of Company
Current
Large Firm
Small to Medium
Size Enterprise
(SME)
Foreseen as from
Jan 15
30%
27%
27% in 2015
24% in 2016
Rest of Spain (except Basque
Country)
Foreseen as
Current
from Jan 15
30%
Tax base between 0
and € 300,000: 25%
Tax base above this
figure: 30%
Micro SME
20%
19%
28% in 2015
25% in 2016
Tax base up to €
300,000: 20%
Tax base above this
figure: 25%
The size of the company is defined as follows:

Large Firm: Companies with a turnover > 10 million Euros.

SME: Companies with a turnover of between 10 and 1 million Euros.

Micro SME: Businesses with a turnover of less than 1 million Euros.
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Agrifood
Sector
Taxes described above are theoretical rates. However, it is assessed that the effective tax rate
in Navarra is 15% (Memo 10thTechnical Meetings OCEX, Sevilla 23 and 24 May, "Corporate tax
in Navarra"), lower than the effective tax rate in the rest of Spain of 19.3% (source AEAT),
when considering tax depreciation, reductions on the tax base and tax deductions.
A tax reform both in Navarra and the rest of Spain is due to be passed shortly and will come
into force as of January 2015. With this reform, the effective corporate tax is expected to
remain lower than in the rest of Spain.
2.7.2 Grants
a) Grants for investments
The calls for investment grants are currently closed. The new grants are expected to be called
in early 2015. Throughout 2014, the Government of Navarra, through the Department of
Economics, Finance, Industry and Employment, is conducting the development of a new
framework of support in order to adapt to the current economic and financial circumstances.
As a guideline in the previous call, grants were:
Size of business
Small
Medium
Large
Up to 30%
Up to20%
Up to10%
The investment grants are repayable grants that include both tangible and intangible assets.
In any case, as stated above, investments in plant and equipment and investment property
have a 10% deduction, which amounts to almost a 15% grant (we should note that the grant is
taxed as any other income).
b) Grants for R&D activities
Navarra is the second Spanish region in R&D investment: 1.91% of regional GDP in 2012, above
Madrid and Catalonia and close to the EU27 average. Furthermore, the private sector leads
R&D activities with 68.4% of total R&D expenditure in Navarra.
The regional Government of Navarra supports R&D activities with several programs and grants
available for R&D projects, which are summarized in the table below.
R&D
Grants for R&D
Projects
Budget of €34.4 million foreseen (€15.5 M in 2014 and € 18.8 million
€ in 2015) in supporting more than 250 projects.
Cooperative and supra regional projects will be prioritized to
promote open innovation.
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To prepare proposals to EU calls (SIC €700K in 2014 and €1M in
Bonus)
2015
Grants for R&D
Promotion
To subcontract R&D services to €510k in 2014 and €610 € en
specialized
research
centres 2015
(Technological Bonus)
To recruit graduates for
R&D €535K in 2014 and €1.96 M
activities (Training program for in 2015
technologists)
The amount of the grant will depend on the size of the company and the type of R&D to be
developped. Currently maximum rates applicable are:
Size of business
Small
Medium
Large
Development Projects (up to)
45%
35%
25%
Research Projects (up to)
70%
60%
55%
Statewide, the CDTI, the national entity which finances technological innovation, has also
opened several lines to foster R&D. These grants can reach up to 75% of the total budget of
the project. The aid consists of a non-refundable part (from 5% to 18% depending on the type
of project and company) and another part as a soft loan.
c) Grants for training
The Government of Navarra foresees the financing of training activities for new hires for
companies or groups of companies with a commitment to hire at least 60% of the trainees.
The content of the proposed training is flexible and can be defined by the company. The
company can also decide on the teachers to to execute the activity.
Up to 300 hour of training activities could be funded:



The first 100 hours will be funded at 100%.
The next 100 hours at 70% (up to 80% for young people.
The last 100 hours at 50%.
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2. SODENA: Your partner for investing in Navarra
Sodena, Sociedad de Desarrollo de Navarra, is the main instrument of the Government of
Navarra for Regional Business Development. It was set up in 1984 as a state limited liability
company and it is a self-financing organization.
As a technical partner, Sodena offers strategic investment advice and tailored business
information, arranges meetings and introduces the investor to relevant public and private
organizations and companies, accompanies the investor during their fact-finding visits to the
Region and informs about how to establish and run a business in Navarra.
As a financial partner, Sodena may participate as co-investor, with a minority stake and on
temporary basis, in business projects that create value and wealth to the Region. This applies
to all phases of company development, from creation and consolidation to expansion and
growth. Venture capital is the main financial product offered by Sodena, a constant feature
since SODENA was founded. The current portfolio accounts for more than €350M invested in
122 different ventures (43 directly and 79 through 10 funds).
Sodena’s current portfolio
Other financial products such as seed capital are also available for new innovative companies
and start ups.
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www.Sodena.com
email: info@Sodena.com
Avenida Carlos III el Noble 36, 1º Dcha
Ph: +34 848 421942 – Fax: +34 848 421943
31003 Pamplona (Spain)
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