Tuesday, 01 October 2019 09:48

French Leisure Marine Industry confirms growth and exceeds 5 Billion Euros Turnover

Written by
Rate this item
(0 votes)

FINThe Fédération des Industries Nautiques (FIN, French Federation of Leisure Marine Industry) released the key figures for the 2018 leisure marine industry season in France. With a growth rate of 5%, the turnover of the marine industry and services reached 5.09 billion euros in 2018. This is the best performance since the 2008 crisis. This increase is mainly due to exports, which reached 76.4% of production in 2018. This dynamic should be confirmed for 2019. “This is undoubtedly good news for the entire leisure marine sector. We stay vigilant though, because uncertainties weigh on the international market,” according to Yves Lyon-Caen, President of the FIN

The leisure marine sector places employment at the heart of its strategy

In 2018, the number of employees in leisure marine industries and services increased by 3.6% to 42,930 employees (direct employment). This trend is expected to continue in 2019-2020, according to a FIN survey. 70% of the surveyed companies plan to recruit in the short term, and this for three main reasons: increased production, retirements (especially in the construction sector) and the launch of new activities. “Over the past two years, job creation in the leisure marine industry has continued at an annual rate of about 1,000 positions. Today, companies are facing shortage of human resources and are looking for new ways to attract qualified candidates,” the FIN said.

To help meet the companies’ employment objectives, the FIN has launched several projects:

  • Negotiations on the modernisation of the collective labour agreement, in order to strengthen the attractiveness of the sector’s employment offer.
  • Restructuring and strengthening the specific training programs to meet the geographical and skills needs of the companies and the creation of a vocational course for young high school graduates

The studies we are currently conducting all over the country show that the sector influences directly and indirectly the creation of 140,000 jobs. At the FIN we focus on reforming our collective labour agreement, modernising our training courses, making our job offers more attractive and promoting the professional opportunities within our companies,” recalls Yves Lyon-Caen, President of the FIN.

Read 517 times Last modified on Tuesday, 01 October 2019 09:56

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Members' area

Login to access exclusive contents