Economy
Four Fortune Global 500 have their head offices in this arrondissement: PSA Peugeot Citroën, PPR, Lafarge, and Veolia. In addition Lagardère has its headquarters in this arrondissement.
At one time Aérospatiale had its head office in the arrondissement.
Read more about this topic: 16th Arrondissement Of Paris
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)