A contributor to the local economy
Rungis Market is a linchpin of local economic development. SEMMARIS and the 1,200 companies at Rungis wholesale market employ nearly 12,000 people at the site, directly benefiting the economy of the Department of Val-de-Marne. The surrounding population as a whole benefits from the advantages brought through Rungis Market’s activity, in particular from the dynamism of the public sector (public services, healthcare, social welfare, education and communal services, etc.) linked to the number of jobs and the taxes paid by Rungis Market and all the companies which work there.
A multiplier effect on the economy
However, the impact of Rungis Market stretches far beyond the Department of Val-de-Marne. Rungis wholesale market’s high value added activity has a multiplier effect on production and employment which benefits regional and national economies alike, according to a survey into the Market’s economic footprint conducted by the Utopies® consultancy in 2014. With numerous purchases made locally and the indirect advantages of the activity for businesses in the area, Rungis Market is thought to contribute to creating or maintaining 28,852 jobs in the Ile de France region, i.e. one person out of every 200 in employment. It is therefore estimated that each job created or maintained in Rungis makes it possible to create 1.4 indirect jobs in the Ile-de-France region.
Rungis Market’s multiplier effect on the French economy
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Numerous secondary effects
The impact on the national economy is just as remarkable. Out of average on-site sales of €8.5 billion, nearly €7.5 billion are re-injected into the economy as a whole in the form of purchases, remuneration and taxation. Not only does the Market enable local parties to benefit from the expenditure which sustains the site, it also offers access to the market to thousands of agricultural producers and food industrialists, mainly located in France. Lastly, business at Rungis generates extra activity for all the Market’s direct partners (the building industry, equipment, energy, printing, non-food wholesale, etc.) and growth in their purchases from their own suppliers.
Rungis, an active partner for employment in France
The impact of Rungis Market is of course most pronounced on the French food industry. It is thought that the wholesale market creates or maintains a total of 35,361 jobs in the French food industry (agriculture, fisheries and food processing), i.e. 4% of jobs in agriculture and fisheries and 1.25% of jobs in the food processing industry.
In total, the Market is estimated to have an impact on nearly 102,000 jobs in France, i.e. one person employed out of every 300 whose remuneration is totally dependent on the facility. Every job at Rungis Market therefore makes it possible to create or maintain the equivalent of 7.5 full-time jobs in the French economy.