TechPark Málaga celebrates its 30th anniversary with impressive numbers

Photo: Courtesy of Málaga TechPark

Málaga TechPark closed last year with an employment growth of 9.7% over the previous year. This translates to 24,396 jobs, 2,158 more than in 2021, where 54% of the workforce are men and 46% are women. There are 653 companies located in the park, 66 of them being foreign companies from 21 different countries.

Among the most recent incorporations are the DayOne hub of La Caixa, Aire Networks (Grupo Aire), the Cybersecurity Global Hub of Babel, the Diagnostic Hub of Grupo Echevarne, FEV (Germany), Capgemini (France) with a specialised Cyber Defence Centre and a Cloud services Centre, Málaga Excellence Technology EY (UK), Quantexa (UK) and the Innovation Hub Oracle (U.S.).

The number of the TechPark employees working on Research and Development was 2,790 in 2022, 24.61% more than in 2021.

Most of the companies are focused on information technology, telecommunications, and research and development. They include some multinationals such as Oracle, Ericsson, IBM, TDK, Ciklum, CGI, Accenture and Huawei.

Málaga TechPark has also registered a significant upturn in turnover. It increased 19.37% in 2022, reaching €2.7 billion per year. The total turnover since the beginning of the park’s activity is €35.008 billion.

The Information Technology sector (Electronics, Information, Computing and Telecommunications) is still the leader in the park, as it virtually comprises 33% of the companies, 57% of the employment and 48% of the overall turnover of 2022.

For the tax year 2022, the company’s profits after taxes were €3.7 million over the €662,000 in profits in 2021.

This balance of results was disclosed at the board of directors of Málaga TechPark, which was celebrated this week. Carolina España, minister of Economy, Finance and European Funds at the Regional Government of Andalusia and president of Málaga TechPark highlights that the technology park “is the flagship of Málaga’s economy and one of the main driving forces of Andalusian economy: it has made Málaga a paramount European focus of technology, located in a space that offers multiple possibilities of development. Thirty years after its start, its distinguishing features are innovation and internationalization. Neither Málaga nor Andalusia would be what they are today without Málaga TechPark.”

The Malaga TechPark Execs Executives Club has kept on working on the different defined work groups. New companies which are leaders in their field, such as Idneo, Capgemini and Grupo Aire, among others, joined this club in 2022.

Moreover, Málaga TechPark and the University of Málaga (UMA) move forward in the development of the University Science and Business Park by signing a collaboration agreement, which will allow them to continue with the strategy of joining common spaces to integrate knowledge and research with the business network. Minister Carolina España emphasizes “the relevance of strategic collaboration with different institutions and academic communities.”

Source: Malaga TechPark, 23 March 2023
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