Region
Basque Country
WatchBilbao, San Sebastián, Vitoria and the industrial valleys: machine tools, automotive components, energy equipment, shipbuilding services. Family-owned and cooperative industrial firms.
Standing view
The desk's standing view: the Basque Country is the Iberian region whose industrial profile most resembles Korea's, and that is both the attraction and the friction. Korean groups look at Basque machine-tool and components makers as technology; Basque owners look at Korean partners as volume.
Succession is the live theme. Family-owned Basque industrials without an heir are meeting Korean strategic buyers, and the terms of those meetings are the desk's recurring subject.
On the desk
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