TravelTill

Economy of Cannes


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The area around Cannes has developed into a high-tech cluster. The technopolis of Sophia Antipolis lies in the hills beyond Cannes. The Film Festival is a major event for the industry. There is an annual television festival in the last week in September.

The economic environment is based on tourism (business fairs), trade and aviation. Cannes has 6,500 companies, of which 3,000 are traders, artisans and service providers. In 2006, 421 new companies were registered.

Cannes hosts the Cannes Mandelieu Space Center, headquarters of Thales Alenia Space, the first European satellite manufacturer
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