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Economy of Marseille


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Aix-Marseille—the University of Provence, the University of the Mediterraneanand Paul Cézanne University—are represented to varying degrees in both Marseille and Aix-en-Provence, forming France's second largest research centre with 3,000 research scientists.

The Marseille region is home to thousands of companies, 90% of which are small businesses. Among the most famous ones are CMA CGM, container-shipping giant; Compagnie maritime d'expertises (Comex), world leader in sub-sea engineering and hydraulic systems; Eurocopter Group, an EADS company; Azur Promotel, an active real estate development company; La Provence, the local daily newspaper; L'Olympique de Marseille, the famous football club; RTM, Marseille's public transport company; and Société Nationale Maritime Corse Méditerranée (SNCM), a major operator in passenger, vehicle and freight transportation in the Western Mediterranean.

In recent years, the city has also experienced a large growth in service sector employment and a switch from light manufacturing to a cultural, high-tech economy. Marseille acts as a regional nexus for entertainment in the south of France and has a high concentration of museums, cinemas, theaters, clubs, bars, restaurants, fashion shops, hotels, and art galleries, all geared towards a tourist economy.

In May 2005, the French financial magazine L'Expansion named Marseille the most dynamic of France's large cities, citing figures showing that 7,200 companies had been created in the city since 2000
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