Business & Finance
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New figures released by statistics group IMSEE have revealed where women are placed in the business world of Monaco, and the results are less than surprising.
At the end of 2018, women represented 27.9% of all registered members of the Trade and Industry Directory. The number of females with a SARL business entity equated to 30%, while 21.4% of all Monegasque limited companies (SAM) were registered by females.
The latest figures do not differ significantly from the previous year.
In total, there were 56,303 employees in Monaco at the end of 2018, and 40.2% of these were women, the majority of whom worked in the private sector.
There are slightly more women employed in the Principality’s public sphere, at 42.6%.
Not surprisingly, some sectors remain female-dominated, including administration, education, health and social action, where the participation rate is more than 70%. Meanwhile, women make up 60% of employees in household, artistic and recreation-related positions.
Working women in Monaco tend to be closer to their place of employment: 47.1% live in Monaco or in neighboring municipalities, compared to 36.1% of men.
Monaco-based Panthera Solutions has been named ‘Best Financial Service Provider Europe’, excluding banks, by the international magazine The European.
New figures show that the Principality has recorded its ninth consecutive year in the black thanks to an extremely tight economic ship.
The outcome of Thursday’s UK general election will be a key talking point for markets near the end of the week, with a Conservative Party majority largely priced in financial markets.
Monaco-based Anastasios (Tassos) Economou has been elected chairman of the Board of Directors of YPO, a global leadership community for chief executives. It was announced earlier this week that Economou will be the 69th member to hold this office and will succeed current YPO Chairman Elizabeth Zucker. He will begin his term on 1st July 2020. A member […]