Renault Technocentre, “undeniable economic asset” in Guyancourt

If it presents itself as Europe’s leading automotive research and development center, Renault Technocenter is undoubtedly the largest company in the urban community of Saint-Quentin-en-Yvelines. And this since its creation in 1998 in Guyancourt (Yvelines). Today, 9,000 workers are closed at the site where the group’s vehicles are designed and developed.

“The arrival of the Renault Technocentre in the Guyancourt region has been an undeniable economic asset for the city,” said mayor (DVG) François Morton, elated, highlighting the “direct and indirect jobs” created for “thousands” of residents. “.

While the French manufacturer has launched a strategy to reduce its real estate portfolio in Ile-de-France, including part of its 150 hectares south of Yvelines, the group continues to emphasize local life. Even if communities find it difficult to appreciate the extent of the commercial and financial benefits.

A property tax that funds public services

It seems indisputable that the arrival of a company with up to 12,000 employees will create a commercial and human dynamic in this city of about 30,000 people. How many subcontractors have developed? How many workers bought a house near their place of work? How many businesses were created to meet the needs of workers and their families? Hotels, gas stations, supermarkets… Many businesses located opposite the site have been built around the site. National golf.

The Technocenter is not only a source of jobs, but its presence in the area also “allows the city to benefit from resources to finance public services to residents, especially with property tax », says the elected official is “proud to have such a world-renowned company at the cutting edge of automotive technology.”

“It is part of a dense economic structure because Guyancourt has large groups like Bouygues Challenger or Crédit Agricole and smaller companies that contribute to its dynamism,” he said. In addition, Renault also uses the assets of the area, as the company leases Saint-Quentin-en-Yvelines national velodrome for event purposes.

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