French-American Chamber of Commerce Newsletter

January 2008

Greetings!

In our monthly newsletter, you will find the latest news of the Chamber. Please, feel free to forward this email to a colleague or friend.

in this issue
  • UPCOMING EVENTS
  • MESSAGE FROM OUR PRESIDENT...
  • NEW BOARD MEMBER
  • WELCOME TO OUR NEW MEMBERS!
  • COMPANY PROFILE: Syntes Language Group
  • PAST EVENT REFLECTION
  • MEMBERS CORNER
  • ECONOMIC NEWS
  • FACC EVENTS
  • ALLIANCE FRANCAISE ACTIVITIES

  • MESSAGE FROM OUR PRESIDENT...


    Dear Members and Friends of FACC,

    We have now closed the door on 2007 and are proud of what RMFACC has achieved thanks to our Members and many supporters. We introduced new programs, achieved record results on existing programs, and more than doubled revenue. We are excited at the prospects for continued growth in 2008 and the introduction of additional new programs.

    I am pleased to announce that we are introducing a proactive service to assist companies with their plans to export to and invest in France - more on this in upcoming newsletters. Our collaboration with the Colorado Nanotechnology Alliance has already resulted in three referral this month for our services.

    Finally, we are pleased to have been invited to participate in activities surrounding the visit in March of Ambassador Pierre Vimont. His visit will be followed in May by David Appia, Minister Counselor of Economic Affairs, who will be our Guest of Honor at the 2nd Annual L'esprit de France.

    On behalf of all the staff and Board members, we wish you a very Happy New Year.

    Bob Snyder
    FACC President


    NEW BOARD MEMBER


    Welcome our newest Board Member!
    Vincent Trinquesse , a French native, has been living and working in the US since 1999. He is the Executive Assistant for the Consulate General of Canada in Denver. Prior to this, he was the Marketing Manager for EchoStar Satellite LLC/Dish Network where he promoted 5 different French language television and radio channels accross the USA.


    WELCOME TO OUR NEW MEMBERS!


    Small Business Members:

    Gira! French Vacation Rentals

    Gira! specializes in vacation villa rentals in France.

    www.francerentals. net

    La Baguette de Normandy
    16524 Blvd Keystone, Parker

    French bakery: bread, pastries, chocolate and caterer
    Open : Monday Saturday 7.00am-7.00pm Closed Sunday

    The Language of Food

    Learn how to cook and speak French too! The Language of Food by French native speaker Marie Nicoletti is a hands-on French cooking class for children and teens, that includes French language and French culture.

    www.thelanguageoffood.com

    Associate Member:

    Vincent Trinquesse
    Executive Assistant, Consulate General of Canada, Denver


    COMPANY PROFILE: Syntes Language Group


    Syntes Language Group

    Are you selling a product or service abroad, dealing with non-English speakers, operating international locations?

    Communication in any language can be an art form, but when compounded with different languages and cultural requirements, it can quickly turn into downright chaos! That's where Syntes steps in.

    An award-winning foreign language services firm, Syntes specializes in going beyond a simple language translation. Syntes complements its highly specialized human translators with cutting-edge translation & localization technology. This great marriage of human brain and computer technology results in superior cultural and linguistic quality for Syntes' clients, while leveraging cost savings and faster turnarounds.

    Missed deadlines, hard-to-manage multilingual content, and inconsistent terminology are all forgotten headaches with Syntes by your side. Contact us today to find out how we can bring our expertise to your business! Available services include:

    Translation: Accurately convert documents from one language to another.
    Website Localization: Extend your web presence to new markets.
    Audio Voiceovers: Flash demos, videos, webinars, pod casts, phone recordings.
    Interpreting (simultaneous, consecutive): On-site or over-the-phone.
    "Transcreation" Copywriting: When translated English doesn't suffice.
    Hispanic Marketing Consulting Services: Plan for success in your new outreach.

    For more information, contact: Gaëlle Callnin, Sales & Marketing Manager (303) 779-1288, ext. 237 gaelle.callnin@syntes.com

    Or visit: www.syntes.com


    PAST EVENT REFLECTION


    Euro Networking in December


    On December 13th, the British-American Business Council and the FACC hosted the 2nd Euro After- Hours Business Networking. Held at the Squealing Pig Pub in Cherry Creek North, around 50 guests enjoyed drinks and appetizers while networking with members and other European peers.

    Look forward to our next Euro Networking event to be held in February.


    MEMBERS CORNER


    Job Opportunities

    Amelie Company is currently looking for and Account Executive and an Account Coordinator to join their team. If you have experience in account management or account services, then we'd like to hear from you. Send resume and cover letter to: dleupi@ameliecompany.com No phone calls please.

    For a complete description of these positions, please visit: www.ameliecompany.com/careers.html



    Caution: Market Forces at Play
    2008 Economic Forcast for Metro Denver

    Where : Patton Boggs, LLP, 1801 California, Suite 4900
    When : Thursday, January 24, 3-6pm
    Cost : Members $20, Nonmembers $35
    Register Online : www.blacktie-colorado.com/rsvp . Enter event code: forecast08


    Patricia Silverstein, chief economist for the Metro Denver Chamber of Commerce, and president of Development Research Partners will share her 2008 Economic Forecast for the Denver metropolitan area. The national and local economies are maintaining a tenuous balance, and she will provide valuable information on how this will impact you and your business.


    Denver International School
    1958 Elm Street · Denver · 80220

    Open House This Saturday
    We invite you and your friends to take this opportunity to look into language immersion for your child! Please join us anytime on Saturday, January 19th between 10am and 1pm.
    Take a personal guided tour of our French, Spanish or Mandarin programs and speak with our administrators about your child's education.

    We are accepting applications for the 2008-2009 school year!
    For additional information, please contact us at info@dischool.org or 303.756.0381


    La Baguette de Normandy

    La Baguette de Normandy has just opened its doors in Parker.
    French Bakery: Bread, pastries,chocolate

    La Baguette de Normandy
    16524 Keystone blvd, Parker
    Tel: (720) 628-3501
    Open Monday Saturday 7.00am-7.00pm
    Closed Sunday


    ECONOMIC NEWS


    FRANCE IS OPEN FOR BUSINESS WITH FOREIGN INVESTORS

    Today, attracting international investors is a top priority for the French government, with foreign direct investment (FDI) targeted to boost growth and generate jobs. France already offers many attractive benefits, and President Sarkozy is making the business environment more friendly than ever with new economic reforms. These changes give France a stronger competitive edge, and are driving closer ties with its principal global investors.

    Foreign investment is welcomed freely in France.
    International investors who do business in France benefit from the same advantages as French or European companies, including tax credits and R&D funding.

    France openly welcomes foreign investment, with only one exception to this general rule: the French government oversees the authorization of investments linked to 11 sensitive sectors (including 4 defense related and 7 public order and safety activities) defined in the decree of December 2005, which is a clarification of a previous regulation. No refusals have been recorded related to this decree. France's regulations follow the same type of rules in other OECD countries. In the US, investments that might have national security implications are known to be carefully scrutinized, and foreign companies looking to acquire an American business must get authorization from the Committee on Foreign Investments. The UK, too, has rules that allow intervention in investment activities deemed to be in conflict with public interest.

    International investment is an important growth factor for the French economy.
    The French economy is driven by FDI.

    France currently ranks 3rd in the world behind the US and the UK, with FDI inflow of $81 billion. America is the leading foreign investor in France, supporting 550,000 French jobs. Almost $1 billion worth of commercial transactions occur between the US and France every business day.
    Foreign investment generates close to 2 million jobs in France.
    Almost 20,000 international investors from all over the world are helping the French economy boom, supplying double the amount of jobs compared to 10 years ago. Some 40,000 new jobs were created in 2006 (+33% over 2005) as a result of foreign projects in France, marking the highest level ever reported by the Invest in France Agency.
    Foreign companies are key research partners in France's innovative clusters.
    Innovative research initiatives being driven in France's 71 officially labeled clusters are open to foreign companies, who are free to take part in projects that are already underway or initiate new projects. Funding benefits that are available to French or European companies are also available to foreign companies.

    French companies are becoming more and more global.
    Major foreign acquisitions of French firms are on the rise.

    In 2006, there were 460 deals involving mergers and acquisitions of French companies by foreign firms, totaling over $54 billion, compared with $45 billion in 2005. Notable deals include:

    • Mittal (India) bought the French-Luxembourg steel group Arcelor.
    • Retail group AS Watson (Hong Kong) bought the French perfume and cosmetics company Marionnaud.
    • Transport and infrastructure firm Abertis (Spain) bought the French highway network Sanef.
    • Fast Retailing (Japan) bought the French clothing brands Princess Tam Tam and Comptoir des Cotonniers.
    • Print company Paragon (UK) acquired Lithotech France, making it the largest print provider in France.

    International investment funds are buying companies in France.
    International investment funds are putting money into France, including:

    • Wealth management giant Merrill Lynch (US) bought the French electrical supplies distributor Rexel (ex-PPR).
    • Real-estate investment group Starwood Capital (US) purchased the French hotel and luxury retail company
    • Private equity firm 3i (UK) bought the French transport operator Keolis.
    • Private equity firm BC Partners (UK) bought the French frozen food retailer Picard Surgeles.

    The French stock exchange is more international than any European market.
    Nearly 47% of the capital on the CAC 40, the benchmark index for the French stock exchange, is owned by foreign investors. In April 2007, Euronext (which includes the Paris bourse) joined forces with NYSE to give birth to the world's largest and most liquid stock-market platform, with average daily trading value totaling some $120 billion and capitalization of listed companies totaling $28,500 billion. France is a top world business destination of choice.
    International companies recognize France as a friendly business partner.

    Paris ranks 2nd after Tokyo among the world's leading cities for the location of Global 500 company headquarters.
    Thousands of talented international professionals are working in France.
    France is a key country of choice among highly skilled professionals. The French government promotes a new selective immigration process that opens doors to over 300,000 jobs for foreigners in France in a variety of dynamic sectors. Research presents other opportunities, and France greeted 20,000 scientists from around the world in 2006. New regulations are being launched to make it easier than ever for foreign talent to work in France.

    To find out more about France's welcoming business environment for foreign investment, please visit www.investinfrance.org.

    To find out more about France's welcoming business environment for foreign investment, please visit www.investinfrance.org


    FACC EVENTS



    Meet our Members Reception & Networking

    "Living at Uncle Sam's place"
    presented by Gregory Dean

    Learn the impact of the US income & estate tax systems on non-citizens".

    Thursday, February 7, 2008
    6PM to 8PM
    Hosted by Amuse by Michel
    1475 Lawrence Street, Downtown Denver

    Appetizers will be offered and a cash bar is available.

    Cost: $12 members; $17 non-members
    Please RSVP by Tuesday, February 5
    Call: 303.695.7818. Payment is required in advance.



    International Business & Rodeo Day 2008

    Organizing Sponsors
    The World Trade Center Denver,
    The Consular Corps of Colorado,
    National Western Stock Show International Business Center

    Make your reservations now for the 9th Annual International Business & Rodeo Day, an evening of international networking and fun at the National Western Stock Show. Now in its 101st year, the stock show offers a look at the important business of agriculture, which continues to attract overseas visitors and global interest to our state. In 2006, agricultural exports grew 23% to $1.16 billion, accounting for 14% of Colorado's $8.4 billion in exports.
    International Business & Rodeo Day is your chance to meet over 200 people from our region who are involved in international business and to support Colorado's efforts to shape our image as a recognized global community. Your ticket includes complimentary drinks and a western buffet at a private reception in the National Western Club, a reserved seat at the rodeo, and full-day access to the exhibition floors.

    Date: Tuesday, January 22, 2008
    Time: Reception at 5:00pm, Rodeo at 7:30pm
    Location: National Western Club in the Hall of Education, 4655 Humboldt Street (go to www.national western.com for a map)
    Cost: $25 for WTC, FACC and participating international chamber members; $35 for non- members
    Registration: Download a registration form here. Credit Card reservations and payment may be faxed to 303-592-5228. Call 303- 592-5760 or visit www.wtcdenver.com for more information.


    ALLIANCE FRANCAISE ACTIVITIES


    Winter French Classes

    Sign-up for Winter 2008 Classes Now! Classes start January 7th.

    • Register online at www.afdenver.org
    • at our front desk at 571 Galapago St.
    • by phone 303-831-0304
    • or by fax 303-573-0378

    Click here to view the complete Winter 2008 schedule.

    Saturday Immersion

    Come to the Alliance Française for an afternoon of French Immersion. Enjoy a relaxed, natural atmosphere in which to practice conversation with other French learners. Brush-up on forgotten grammar and put it to use through interactive games and role-plays.

    Dates: Sat., January 19th (Beginner Levels 103 and 104)
    Sat., January 26th (Intermediate Levels 201 and 204)
    Sat., January 26th (Advanced Level 301 and higher)
    Time: 1-5pm (4 hours)
    Where: 571 Galapago St.
    Cost: $52
    To Register : 303-831-0304



    French Wine and Chocolate Tasting


    Join us for an enchanted evening. Enjoy tasting six wines from various regions of France, paired with exotic chocolates. A special Armagnac tasting will be available as well. Take pleasure in a great atmosphere of art, live music, wine complements and a special appearance from Julie Pech, the chocolate therapist.

    Date : Thursday, February 21 6-9pm
    Location : Reed Photo Gallery and John Fielder's Colorado (833 Santa Fe Drive)
    Cost : $26 members, $31 non members
    RSVP : 303-831-0304 or online.
    Please note this event usually sells out about 2 weeks before.


    UPCOMING EVENTS

    Thursday,February, 7
    Meet our Members Reception with
    Mullin, Dean & Heimos LLP

    Quick Links...

    Why join the FACC?

    Become a Member

    Calendar of events

    More About Us


    Thank you to our Partners and Sponsors




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