{"id":75998,"date":"2007-10-09T16:01:00","date_gmt":"2007-10-09T16:01:00","guid":{"rendered":"http:\/\/weblogs.madrimasd.org\/\/demadridaeuropa\/archive\/2007\/10\/09\/75998.aspx"},"modified":"2007-10-09T16:01:00","modified_gmt":"2007-10-09T16:01:00","slug":"la-inversion-de-las-empresas-en-id-en-todo-el-mundo-crecio-un-10-el-ano-pasado","status":"publish","type":"post","link":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/2007\/10\/09\/75998","title":{"rendered":"La inversi\u00f3n de las empresas en I+D en todo el mundo creci\u00f3 un 10 % el a\u00f1o pasado"},"content":{"rendered":"<p><P><IMG height=169 hspace=16 src=\"http:\/\/iri.jrc.ec.europa.eu\/img\/sb_2007.gif\" width=119 align=left vspace=6 border=1><\/P><P align=center><SPAN>&nbsp;<?xml:namespace prefix = v ns = \"urn:schemas-microsoft-com:vml\" \/><v:stroke joinstyle=\"miter\"><\/v:stroke><v:formulas><v:f eqn=\"if lineDrawn pixelLineWidth 0\"><\/v:f><v:f eqn=\"sum @0 1 0\"><\/v:f><v:f eqn=\"sum 0 0 @1\"><\/v:f><v:f eqn=\"prod @2 1 2\"><\/v:f><v:f eqn=\"prod @3 21600 pixelWidth\"><\/v:f><v:f eqn=\"prod @3 21600 pixelHeight\"><\/v:f><v:f eqn=\"sum @0 0 1\"><\/v:f><v:f eqn=\"prod @6 1 2\"><\/v:f><v:f eqn=\"prod @7 21600 pixelWidth\"><\/v:f><v:f eqn=\"sum @8 21600 0\"><\/v:f><v:f eqn=\"prod @7 21600 pixelHeight\"><\/v:f><v:f eqn=\"sum @10 21600 0\"><\/v:f><\/v:formulas><v:path o:extrusionok=\"f\" gradientshapeok=\"t\" o:connecttype=\"rect\"><\/v:path><?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\" \/><o:lock v:ext=\"edit\" aspectratio=\"t\"><\/o:lock><v:shape id=_x0000_s1026 style=\"MARGIN-TOP: 19.1pt; Z-INDEX: 1; MARGIN-LEFT: 65.55pt; WIDTH: 89.25pt; POSITION: absolute; HEIGHT: 126.75pt; mso-wrap-distance-left: 12pt; mso-wrap-distance-top: 4.5pt; mso-wrap-distance-right: 12pt; mso-wrap-distance-bottom: 4.5pt; mso-position-horizontal: absolute; mso-position-horizontal-relative: text; mso-position-vertical: absolute; mso-position-vertical-relative: line\" alt=\"\" o:allowoverlap=\"f\" type=\"#_x0000_t75\"><STRONG><v:imagedata o:title=\"sb_2007\" src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\"><\/v:imagedata><?xml:namespace prefix = w ns = \"urn:schemas-microsoft-com:office:word\" \/><w:wrap type=\"square\"><\/w:wrap><\/STRONG><\/v:shape><STRONG>La Comisi\u00f3n publica el \u201c<I>EU<\/I><\/STRONG><\/SPAN><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: ES; mso-fareast-language: ES; mso-bidi-language: AR-SA\"><STRONG> <I>Industrial R&amp;D Investment Scoreboard <?xml:namespace prefix = st1 ns = \"urn:schemas-microsoft-com:office:smarttags\" \/><st1:metricconverter ProductID=\"2007\u201d\" w:st=\"on\">2007<SPAN style=\"FONT-STYLE: normal; mso-bidi-font-style: italic\">\u201d<\/SPAN><\/st1:metricconverter><\/I><\/STRONG><\/SPAN><\/P><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: ES; mso-fareast-language: ES; mso-bidi-language: AR-SA\"><I><st1:metricconverter ProductID=\"2007\u201d\" w:st=\"on\"><SPAN style=\"FONT-STYLE: normal; mso-bidi-font-style: italic\"><H2 style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-bidi-font-style: italic\"><FONT color=#000066>La <\/FONT><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/scoreboard_2007.htm\">edici\u00f3n de 2007 del cuadro anual de indicadores de la inversi\u00f3n de las empresas en inversi\u00f3n y desarrollo (I+D)<\/A><FONT color=#000066> elaborado por la <\/FONT><A href=\"http:\/\/iri.jrc.ec.europa.eu\/\">Comisi\u00f3n Europea<\/A><FONT color=#000066> muestra que la actividad de I+D industrial ha aumentado en un 10%, y que las empresas establecidas en <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> incrementaron su inversi\u00f3n en I+D en un 7,4&nbsp;%, frente al crecimiento del 5,3&nbsp;% registrado en la <\/FONT><A href=\"http:\/\/iri.jrc.es\/research\/scoreboard_2006_data.htm\">edici\u00f3n de 2006<\/A><FONT color=#000066>. El cuadro de indicadores muestra tambi\u00e9n una tendencia al alza en la rentabilidad de las empresas en todo el mundo. El principal inversor en I+D a nivel mundial en el cuadro de indicadores de 2007 es Pfizer, de los Estados Unidos, con 5&nbsp;800 millones de euros. La principal empresa de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> es DaimlerChrysler, de Alemania, con 5&nbsp;200 millones de euros.<\/FONT><\/SPAN><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><\/o:p><\/SPAN><\/H2><\/SPAN><\/st1:metricconverter><\/I><\/SPAN><!--more--><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><?xml:namespace prefix = st1 ns = \"urn:schemas-microsoft-com:office:smarttags\" \/><st1:PersonName ProductID=\"la Comisi\u00f3n Europea\" w:st=\"on\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>La Comisi\u00f3n Europea<\/FONT><\/SPAN><\/st1:PersonName><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066> publica anualmente el <\/FONT><I><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/scoreboard_2007.htm\">EU<SPAN style=\"FONT-STYLE: normal\"> <\/SPAN>Industrial R&amp;D Investment Scoreboard<\/A><FONT color=#000066> <\/FONT><\/I><FONT color=#000066>(Cuadro de indicadores de las inversiones de las empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> en I+D) como parte de su actividad de seguimiento de la inversi\u00f3n industrial en investigaci\u00f3n. Las cifras est\u00e1n basadas en la contabilidad de la empresa para el ejercicio financiero precedente e indican la inversi\u00f3n realizada por la empresa con cargo a sus propios fondos.<?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\" \/><o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><B style=\"mso-bidi-font-weight: normal\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><FONT color=#000066><B style=\"mso-bidi-font-weight: normal\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">El cuadro de indicadores no refleja d\u00f3nde se realiz\u00f3 la inversi\u00f3n, sino s\u00f3lo el origen de la empresa que la realiz\u00f3<\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">. Est\u00e1n incluidas en \u00e9l las 1&nbsp;000 empresas m\u00e1s importantes de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> en t\u00e9rminos de I+D y las 1&nbsp;000 empresas m\u00e1s importantes en I+D del resto del mundo. En conjunto, las 2&nbsp;000 empresas incluidas en el cuadro de indicadores invirtieron 372&nbsp;000 millones de euros en I+D, cantidad estimada en m\u00e1s del 85&nbsp;% del gasto empresarial en I+D en todo el mundo.<o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>En cuanto a las <B style=\"mso-bidi-font-weight: normal\">desventajas<\/B>, el informe muestra que <U>la inversi\u00f3n en I+D de las empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> crece todav\u00eda a un ritmo inferior que la de las empresas de pa\u00edses no miembros de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName><\/U>, tendencia que se ha observado en todas las ediciones del cuadro de indicadores de I+D industrial publicadas hasta la fecha. La explicaci\u00f3n principal de esta diferencia es que el \u00edndice de crecimiento de sectores muy intensivos en I+D fuera de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> es casi el doble que el de <st1:PersonName ProductID=\"la UE. Adem\u00e1s\" w:st=\"on\">la UE. Adem\u00e1s<\/st1:PersonName>, estos sectores representan una proporci\u00f3n mucho mayor de I+D fuera de <st1:PersonName ProductID=\"la UE. No\" w:st=\"on\">la UE. No<\/st1:PersonName> obstante, <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> registr\u00f3 el mayor crecimiento de la inversi\u00f3n en capital fijo, que representa una parte importante de la inversi\u00f3n empresarial total y sustenta tambi\u00e9n la inversi\u00f3n en innovaci\u00f3n.<o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>En los pr\u00f3ximos meses <st1:PersonName ProductID=\"la Comisi\u00f3n Europea\" w:st=\"on\">la Comisi\u00f3n Europea<\/st1:PersonName> publicar\u00e1 el estudio de 2006 de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> sobre tendencias de inversi\u00f3n de las empresas en I+D (de momento s\u00f3lo se puede consultar la <\/FONT><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/survey_2005.htm\">edici\u00f3n 2005<\/A><FONT color=#000066>), con informaci\u00f3n sobre las previsiones de inversi\u00f3n en I+D de 110 empresas para el per\u00edodo 2007-2009. Este estudio aporta nueva informaci\u00f3n para conocer las previsiones de las empresas sobre futuras inversiones en I+D y sobre sus motivaciones para invertir en investigaci\u00f3n. Los resultados preliminares confirman las tendencias positivas observadas en el cuadro de indicadores de 2007.<o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><B style=\"mso-bidi-font-weight: normal\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><B style=\"mso-bidi-font-weight: normal\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>Espa\u00f1a<o:p><\/o:p><\/FONT><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>Entre las 1&nbsp;000 empresas m\u00e1s importantes de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> en t\u00e9rminos de I+D podemos encontrar 23 empresas espa\u00f1olas; la mejor situada es Telef\u00f3nica, que ocupa el puesto 40, seguida de lejos por Amadeus Global Travel (puesto 92) e Indra Sistemas (en el puesto 159).<o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/P><TABLE class=MsoNormalTable style=\"MARGIN: auto auto auto 2.75pt; WIDTH: 228pt; BORDER-COLLAPSE: collapse; mso-padding-alt: 0cm 3.5pt 0cm 3.5pt\" cellSpacing=0 cellPadding=0 width=304 border=0><TBODY><TR style=\"HEIGHT: 15pt; mso-yfti-irow: 0; mso-yfti-firstrow: yes\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #003399 1pt solid; HEIGHT: 15pt\" noWrap width=46><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><B><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">Espa\u00f1a<o:p><\/o:p><\/SPAN><\/B><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #003399 1pt solid; HEIGHT: 15pt\" noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">Empresa<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #003399 1pt solid; HEIGHT: 15pt\" noWrap width=45><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">Puesto&nbsp;<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 1\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">1<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Telefonica<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">40<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 2\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">2<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN lang=EN-GB style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'; mso-ansi-language: EN-GB\">Amadeus Global Travel (now Amadeus IT Group)<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">92<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 3\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">3<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Indra Sistemas<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">159<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 4\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">4<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Repsol YPF<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">195<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 5\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">5<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213 x:str=\"Industria de Turbo Propulsores  \"><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Industria de Turbo Propulsores<SPAN style=\"mso-spacerun: yes\">&nbsp; <\/SPAN><o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">197<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 6\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">6<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Almirall<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">236<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 7\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">7<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Zeltia<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">248<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 8\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">8<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">ENDESA<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">288<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 9\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">9<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Gamesa<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">314<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 10\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">10<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">ACS<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">388<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 11\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">11<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Abengoa<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">390<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 12\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">12<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Acciona<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">398<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 13\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">13<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Union Fenosa<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">436<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 14\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">14<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Grupo Empresarial ENCE<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">542<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 15\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">15<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">FAES Farma<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">702<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 16\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">16<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Cie Automotive<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">774<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 17\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">17<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Ercros<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">792<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 18\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">18<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213 x:str=\"Fagor Electrodomesticos  \"><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Fagor Electrodomesticos<SPAN style=\"mso-spacerun: yes\">&nbsp; <\/SPAN><o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">805<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 19\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">19<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Ebro Puleva<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">813<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 20\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">20<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Amper<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">825<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 21\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">21<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Azkoyen<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">836<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 10.5pt; mso-yfti-irow: 22\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">22<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Grifols<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: white; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 10.5pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">875<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 11.25pt; mso-yfti-irow: 23\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 11.25pt\" vAlign=bottom noWrap width=46 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">23<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 11.25pt\" vAlign=bottom noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">Pescanova<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #e0dfe3; PADDING-LEFT: 3.5pt; BACKGROUND: #e7f7ff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 11.25pt\" vAlign=bottom noWrap width=45 x:num><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; FONT-FAMILY: 'Microsoft Sans Serif'\">937<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><TR style=\"HEIGHT: 15pt; mso-yfti-irow: 24; mso-yfti-lastrow: yes; mso-height-source: userset\"><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #003399 1pt solid; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.2pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 15pt\" noWrap width=46><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">&nbsp;<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #003399 1pt solid; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 159.75pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 15pt\" noWrap width=213><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">&nbsp;<o:p><\/o:p><\/SPAN><\/P><\/TD><TD style=\"BORDER-RIGHT: #e0dfe3; PADDING-RIGHT: 3.5pt; BORDER-TOP: #003399 1pt solid; PADDING-LEFT: 3.5pt; BACKGROUND: #99ccff; PADDING-BOTTOM: 0cm; BORDER-LEFT: #e0dfe3; WIDTH: 34.05pt; PADDING-TOP: 0cm; BORDER-BOTTOM: #e0dfe3; HEIGHT: 15pt\" noWrap width=45><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: center\" align=center><SPAN style=\"FONT-SIZE: 8pt; COLOR: #1d4371; FONT-FAMILY: 'Microsoft Sans Serif'\">&nbsp;<o:p><\/o:p><\/SPAN><\/P><\/TD><\/TR><\/TBODY><\/TABLE><P style=\"MARGIN: 0cm 0cm 0pt\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">Tendencias por sectores<\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">El sector de los productos farmac\u00e9uticos y la biotecnolog\u00eda <\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">se convierte en el principal sector de inversi\u00f3n en I+D, por encima del de los equipos y el material tecnol\u00f3gicos. Este sector est\u00e1 representado por numerosas empresas de <st1:PersonName ProductID=\"la UE. En\" w:st=\"on\">la UE. En<\/st1:PersonName> muchas empresas farmac\u00e9uticas se observa un fuerte aumento de la inversi\u00f3n en I+D; es el caso de Merck (+24,3&nbsp;%), AztraZeneca (+15,5&nbsp;%), Roche (+15,5&nbsp;%), Johnson &amp; Johnson (+12,9&nbsp;%) y GlaxoSmithKline (+10&nbsp;%).<o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">En el sector de los productos qu\u00edmicos <\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">se observa una marcada recuperaci\u00f3n de la inversi\u00f3n en I+D (+9,8&nbsp;%), en comparaci\u00f3n con el crecimiento negativo del a\u00f1o anterior. Esta tendencia es especialmente pronunciada en el grupo de empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> (+17&nbsp;%), donde las grandes empresas de productos qu\u00edmicos presentan impresionantes porcentajes de aumento de la actividad de I+D, por ejemplo Bayer (+30,3&nbsp;%), Solvay (+20,3&nbsp;%) y BASF (+19,8&nbsp;%). Esta evoluci\u00f3n se debe en parte a procesos de adquisici\u00f3n y concentraci\u00f3n en el sector.<o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">La industria aeroespacial y de defensa<\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"> increment\u00f3 su inversi\u00f3n en I+D en un 12,5&nbsp;%, continuando la tendencia de fuerte crecimiento de los a\u00f1os precedentes. Las empresas m\u00e1s representativas del sector, EADS y Boeing, incrementaron su inversi\u00f3n en I+D en un 21,2&nbsp;% y un 47,7&nbsp;% respectivamente. <o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/B><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">Tendencias por empresas<\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><\/o:p><\/SPAN><\/FONT><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>Tres empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> mantienen su posici\u00f3n en la clasificaci\u00f3n de las 10 empresas m\u00e1s importantes en I+D: DaimlerChrysler, la empresa m\u00e1s importante de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> con 5&nbsp;200 millones de euros (5\u00ba lugar), GlaxoSmithKline (7<SUP>o<\/SUP> lugar) y Siemens (8<SUP>o<\/SUP>). Cuatro empresas estadounidenses ocupan los primeros puestos: Pfizer (5&nbsp;800 millones de euros), Ford Motor, Johnson &amp; Johnson y Microsoft.<o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><FONT color=#000066>&nbsp;<\/FONT><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><FONT color=#000066>Los resultados de las empresas incluidas en el cuadro de indicadores siguieron mejorando el a\u00f1o pasado. Las ventas de las empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> aumentaron en un 10&nbsp;% y las ventas de las empresas estadounidenses y japonesas, en alrededor de un 8&nbsp;%. La rentabilidad de las empresas de <st1:PersonName ProductID=\"la UE\" w:st=\"on\">la UE<\/st1:PersonName> sigui\u00f3 aumentando hasta alcanzar el 11,6&nbsp;% (entre el 12,9&nbsp;% de los Estados Unidos y el 7,4&nbsp;% de Jap\u00f3n).<o:p><\/o:p><\/FONT><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: justify\"><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><BR style=\"mso-special-character: line-break\"><o:p><FONT color=#000066><\/FONT><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0cm 0cm 0pt\"><FONT color=#000066><B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\">Documentos:<\/SPAN><\/B><SPAN style=\"FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'\"><o:p><\/o:p><\/SPAN><\/FONT><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt; mso-list: l1 level1 lfo1\"><SPAN lang=EN-GB style=\"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-ansi-language: EN-GB; mso-bidi-font-size: 12.0pt\"><SPAN style=\"mso-list: Ignore\">\u00b7<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/sb_2007.pdf\" target=_blank><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">Informe completo (EUR 22928 EN)<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt; mso-list: l1 level1 lfo1\"><SPAN style=\"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt\"><SPAN style=\"mso-list: Ignore\">\u00b7<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/methodology.pdf\" target=_blank>Metodolog\u00eda<\/A> <\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 18pt; TEXT-INDENT: -18pt; mso-list: l1 level1 lfo1\"><SPAN style=\"FONT-SIZE: 10pt; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol; mso-bidi-font-size: 12.0pt\"><SPAN style=\"mso-list: Ignore\">\u00b7<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><U>Tablas<\/U>: <\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 EU companies, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_1.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><?xml:namespace prefix = v ns = \"urn:schemas-microsoft-com:vml\" \/><v:shapetype id=_x0000_t75 coordsize=\"21600,21600\" o:spt=\"75\" o:preferrelative=\"t\" path=\"m@4@5l@4@11@9@11@9@5xe\" filled=\"f\" stroked=\"f\"><v:stroke joinstyle=\"miter\"><\/v:stroke><v:formulas><v:f eqn=\"if lineDrawn pixelLineWidth 0\"><\/v:f><v:f eqn=\"sum @0 1 0\"><\/v:f><v:f eqn=\"sum 0 0 @1\"><\/v:f><v:f eqn=\"prod @2 1 2\"><\/v:f><v:f eqn=\"prod @3 21600 pixelWidth\"><\/v:f><v:f eqn=\"prod @3 21600 pixelHeight\"><\/v:f><v:f eqn=\"sum @0 0 1\"><\/v:f><v:f eqn=\"prod @6 1 2\"><\/v:f><v:f eqn=\"prod @7 21600 pixelWidth\"><\/v:f><v:f eqn=\"sum @8 21600 0\"><\/v:f><v:f eqn=\"prod @7 21600 pixelHeight\"><\/v:f><v:f eqn=\"sum @10 21600 0\"><\/v:f><\/v:formulas><v:path o:extrusionok=\"f\" gradientshapeok=\"t\" o:connecttype=\"rect\"><\/v:path><o:lock v:ext=\"edit\" aspectratio=\"t\"><\/o:lock><\/v:shapetype><v:shape id=_x0000_i1025 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_1.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_1.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1026 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_1.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 companies by Member States, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_2.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1027 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_2.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_2.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1028 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_2.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 EU companies by industrial sector, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_3.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1029 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_3.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_3.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1030 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_3.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">Top 10 companies by R&amp;D investment in the EU <B>[3]<\/B>, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_4.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1031 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_4.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_4.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1032 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_4.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 non-EU companies, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_5.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1033 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_5.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_5.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1034 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_5.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 EU companies by country, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_6.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1035 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_6.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_6.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1036 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_6.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><P class=MsoNormal style=\"MARGIN: 0cm 0cm 0pt 36pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo2; tab-stops: list 36.0pt\"><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\"><SPAN style=\"mso-list: Ignore\">&#8211;<SPAN style=\"FONT: 7pt 'Times New Roman'\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/SPAN><\/SPAN><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">R&amp;D ranking of the top 1000 non-EU companies by industrial sector, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_7.pdf\" target=_blank><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1037 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" target=\"_blank\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_7.pdf\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image001.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/pdf_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .pdf<\/SPAN><\/A><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">, <\/SPAN><A href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_7.xls\"><SPAN style=\"COLOR: windowtext; TEXT-DECORATION: none; text-underline: none\"><v:shape id=_x0000_i1038 style=\"WIDTH: 12pt; HEIGHT: 12pt\" alt=\"\" type=\"#_x0000_t75\" o:button=\"t\" href=\"http:\/\/iri.jrc.ec.europa.eu\/research\/docs\/2007\/1_7.xls\"><v:imagedata src=\"file:\/\/\/C:\\temporal\\msohtml1\\01\\clip_image002.gif\" o:href=\"http:\/\/iri.jrc.ec.europa.eu\/img\/xl_icon.gif\"><\/v:imagedata><\/v:shape><\/SPAN><SPAN lang=EN-GB style=\"mso-ansi-language: EN-GB\">download .xls<\/SPAN><\/A><SPAN style=\"mso-ansi-language: EN-GB\"> <SPAN lang=EN-GB><o:p><\/o:p><\/SPAN><\/SPAN><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;La Comisi\u00f3n publica el \u201cEU Industrial R&amp;D Investment Scoreboard 2007\u201d La edici\u00f3n de 2007 del cuadro anual de indicadores de la inversi\u00f3n de las empresas en inversi\u00f3n y desarrollo (I+D) elaborado por la Comisi\u00f3n Europea muestra que la actividad de I+D industrial ha aumentado en un 10%, y que las empresas establecidas en la UE incrementaron su inversi\u00f3n en I+D en un 7,4&nbsp;%, frente al crecimiento del 5,3&nbsp;% registrado en la edici\u00f3n de 2006. El cuadro de indicadores muestra tambi\u00e9n una tendencia al alza en la rentabilidad de las empresas en todo el mundo. El principal inversor en I+D a\u2026<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[1],"tags":[],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":4}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/posts\/75998"}],"collection":[{"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/comments?post=75998"}],"version-history":[{"count":0,"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/posts\/75998\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/media?parent=75998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/categories?post=75998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.madrimasd.org\/blogs\/demadridaeuropa\/wp-json\/wp\/v2\/tags?post=75998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}