Bpifrance also known as the ''Banque publique d'investissement'' () is a French

public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...

investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

. It is a joint venture of two

state owned enterprises A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

: the

Caisse des dépôts et consignations Caisse, a French word, may refer to: * Caisse Desjardins, an association of credit unions in Quebec * Caisse d'Epargne-Illes Balears, a road-bicycle racing team *Caisse de dépôt et placement du Québec The Caisse de dépôt et placement du Q ...

and EPIC Bpifrance Group (formerly EPIC OSEO). The former subsidiary of EPIC OSEO, OSEO S.A., became a subsidiary of Bpifrance known as Bpifrance Financement. Bpifrance has been designated as a Significant Institution since the entry into force of

European Banking Supervision European Banking Supervision, also known as the Single Supervisory Mechanism (SSM), is the policy framework for the prudential supervision of banks in the euro area. It is centered on the European Central Bank (ECB), whose supervisory arm is re ...

in late 2014, and as a consequence is directly supervised by the

European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...

Subsidiaries and minority interests

*Bpifrance Financement S.A. (90%) (ex-OSEO S.A.) **Bpifrance Régions (99%) *Bpifrance Participations (100%) (ex-

Fonds stratégique d'investissement Bpifrance also known as the ''Banque publique d'investissement'' () is a French public sector investment bank. It is a joint venture of two state owned enterprises: the Caisse des dépôts et consignations and EPIC Bpifrance Group (formerly EPI ...

) **Bpifrance Investissement (100%) (ex-CDC Entreprises) **

Orange S.A. Orange S.A. (; formerly , stylised as france telecom) is a French multinational telecommunications corporation founded in 1988 and headquartered in Issy-les-Moulineaux, near Paris. ''Orange'' has been the corporation's main brand for mobile, ...

(shared with

APE Apes (collectively Hominoidea ) are a superfamily of Old World simians native to sub-Saharan Africa and Southeast Asia (though they were more widespread in Africa, most of Asia, and Europe in prehistory, and counting humans are found global ...

as the largest shareholders (23.04%); the rest publicly floats) **FT1CI (79.2%, the rest owned by another French agency CEA) ***STMicroelectronics Holding (50%; joint venture with Italian government) ****

STMicroelectronics STMicroelectronics Naamloze vennootschap, NV (commonly referred to as ST or STMicro) is a European multinational corporation, multinational semiconductor contract manufacturing and design company. It is the largest of such companies in Europe. ...

(27.6% as the largest shareholders; the rest publicly floats) **

Areva Areva S.A. was a French multinational group specializing in nuclear power, active between 2001 and 2018. It was headquartered in Courbevoie, France. Before its 2016 corporate restructuring, Areva was majority-owned by the French state through t ...

(3.32%) *

Vallourec Vallourec S.A. is a multinational manufacturing company headquartered in Meudon, France. Vallourec specializes in hot rolled seamless steel tubes, expandable tubular technology, automotive parts, and stainless steel, which it provides to ene ...

(7.10% as largest shareholders) *

Stellantis Stellantis N.V. is a multinational automaker formed in 2021 through the Mergers and acquisitions, merger of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group, PSA (Peugeot S.A.) Group. The company's hea ...

(6.2%) *

Constellium Constellium SE is an American-Swiss, French-based global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for a ...

(10%)

References

{{authority control 2012 establishments in France Banks established in 2012 Financial services companies established in 2012

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

Banks of France Government-owned companies of France Sovereign wealth funds Banks under direct supervision of the European Central Bank Government-owned banks of France

Subsidiaries and minority interests

See also

References