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The United States was the main location of EU-controlled affiliates. International activities of EU-controlled foreign affiliates
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This paper presents the latest trends in turnover and employment of EU-controlled affiliates located outside the European Union; it also links outward Foreign AffiliaTes Statistics (FATS) with data for outward Foreign Direct Investment (FDI) stocks, as both datasets are complementary. In affiliates located outside the EU-27 turnover in 2005 was the highest in services, while the highest number of persons employed was in manufacturing. The United States was the main destination. Outward Foreign AffiliaTes Statistics (FATS), which can be defined as statistics describing the activity of foreign affiliates abroad controlled from the compiling economy, are increasingly relevant in the formulation of European economic policies, as they provide information on the role European capital groups play in the world’s economy, especially in terms of sales and
employment. Reporting of outward FATS data in the EU is still on a voluntary basis and, for the reference year 2005, which is the latest year for which figures are available, 13 countries1 (Belgium, the Czech Republic, Germany, Greece, Italy, Latvia, Hungary, Austria, Portugal, Romania, Slovakia and Finland) compiled data for “Number of persons employed” and “Turnover”, and Sweden only for “Number of persons employed”. For this reason, it is not yet possible to calculate EU aggregates.