Statistics show that investment increased by an average 5.3% over the past year.
The EU 2006 Industrial R&D Investment Scoreboard indicates that between July 2005 and August 2006, private-sector investment increased by an average 5.3%. This represents a major change from the stagnation of the year before and the 2% decrease registered in 2004. "This is good news," said a Commission spokeswoman, adding that it remained to be seen whether this year's positive results were just an exception or the beginning of a positive trend.
Five of the EU's top R&D investors are German (DaimlerChrysler leading, Siemens the second), two are based in the UK, one in Finland, Sweden and France. Among the top 10 EU companies stand three car industry companies, three pharmaceuticals and two telecommunications-equipment giants. By comparison, four of the top six world R&D investors are car manufacturers.
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