Spain steps on the gas: 76% of firms now have a reindustrialisation strategy

Spain steps on the gas: 76% of firms now have a reindustrialisation strategy

Spain steps on the gas: 76% of firms now have a reindustrialisation strategy

https://www.euronews.com/business/2026/05/20/spain-speeds-up-reindustrialisation-76-of-firms-have-a-strategy

Publish Date: 2026-05-20 05:42:00

Source Domain: www.euronews.com

  • Reindustrialisation Strategy Adoption: Three out of four large European and US companies have already implemented reindustrialisation strategies, with 73% of them continuing plans from last year, showing a significant increase from 59% in 2024.

  • Investment Reduction Towards More Selective Models: Planned investment in reindustrialisation has decreased from $4.7 trillion to $2.5 trillion, but companies are now focusing on more selective and less capital-intensive models to enhance resilience.

  • Shift Towards Resilience Over Short-term Profit: 86% of companies are prioritizing the resilience of their production chain over short-term profits, emphasizing the importance of stability in supply chains.

  • Focus on Technology Investment: To avoid excessive costs in local production, 87% of companies plan to invest in AI, automation, and digital twins to leverage technology for efficiency.

  • Regional Approach to Reindustrialisation: The shift back to manufacturing shows contrasting trends, with the U.S. focusing on reshoring its factories and Europe opting for friendshoring in allied countries.

  • Spanish Companies’ Rapid Adoption: Spain stands out with a dramatic rise in reindustrialisation strategies, jumping from 45% two years ago to 76% today, driven largely by geopolitical pressure and aimed at spreading risk.

  • Commitment Despite Rising Costs: 60% of Spanish companies are resolute in their reindustrialisation plans, even if costs increase in the short term, showcasing their firm commitment to the strategy.