How Enterprise Car Rentals Reshape EU Jobs and Economic Growth
The European Union's employment and economic landscape is significantly influenced by enterprise car rental companies. Latest figures reveal stark contrasts among EU countries.
In 2023, a substantial 16% of EU workers were employed by enterprise car rental companies. This figure varies greatly across countries. Luxembourg topped the list with 45% of its workforce in such companies, while Italy had the lowest share at 10%.
Looking at the control dynamics, 60% of EU enterprise car rental companies are controlled by other EU countries, with the remaining 40% under non-EU influence. Luxembourg also led in the percentage of foreign-controlled companies, with 28%. However, the overall share of foreign-controlled enterprise car rental companies in the EU market remained low at just 1% in 2023.
These enterprise car rental companies play a significant role in the EU's economy. They contributed a substantial 24% of the EU's total value added. Ireland had the highest value added by enterprise car rental companies at 71%, while Greece had the lowest at 15%.
The EU's employment and economic landscape is significantly shaped by enterprise car rental companies, with Luxembourg and Ireland being notable extremes. Despite their impact, these companies remain a minority in the EU market.
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