Economy
Local industries include car manufacturing and telecommunications. PSA Peugeot Citroën, currently the largest employer of the population of Rennes, opened a manufacturing plant at Rennes La Janais in 1961. Technicolor (ex-Thomson) employs over 1,000, and France Telecom R&D over 1,200.
In few years, Rennes became one of the main centres in high tech industry. Rennes is one of first Technopoles in France that were established in an effort to stimulate the economies of regions other than Paris during the Aménagement du territoire.
Rennes is the 2nd concentration of ITC firms in France after Paris (with well-known companies like Atos, SFR, Orange France Telecom, Technicolor R&D, Canon, Mitsubishi, Alcatel-Lucent, Texas Instruments, NXP, Thales or Logica), and the 3rd innovation potential in agrofood French industry.
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)