Business

Economy, finance, and commercial developments in the region.

Business•3 Related•May 30, 2026 • 15:46

Three Andorra Landowners Reject Cable Car Overflight Deal with Canillo Council

Three property owners in Canillo have issued a firm rejection of agreements for the Armiana cable car project to cross their land, ending negotiations on 30 April despite route changes. They warn of business ruin and urge legal expropriation if the council proceeds.

Business•4 Related•May 30, 2026 • 12:16

Òscar Gelabert to Step Down as AREB Director General in Andorra

The Agència Estatal de Resolució d’Entitats Bancàries (AREB) in Andorra announced Òscar Gelabert's departure as director general on his request, effective May 31. Deputy Eva Garcia Serrano steps in as interim leader to ensure stability.

Business•2 Related•May 29, 2026 • 16:16

Andorra Architects Face Slowdown Amid Building Moratoriums and Urban Planning Revisions

Dean Laura Sánchez warns of fewer projects this year due to moratoriums addressing housing shortages and sprawl, with construction firms to feel effects later.

Business•5 Related•May 29, 2026 • 06:31

Italy Seizes €200M Mafia Assets Linked to Messina Denaro, from Andorra to Panama

Palermo's anti-mafia unit, with international partners, targeted laundered drug money across Gibraltar, Cayman Islands, Luxembourg and more. Authorities arrested key suspects including Bruno, who held millions in unexplained funds.

Business•4 Related•May 28, 2026 • 19:01

Sant Julià de Lòria Used Car Fair Sells 60 Vehicles, Focuses on Affordable Models

The fair in Sant Julià de Lòria ended successfully with 60 used vehicles sold, driven by demand for cheaper models amid market trends. Exhibitors praised visitor intent despite reduced turnout.

Business•3 Related•May 28, 2026 • 14:04

Council of Ministers Approves Defence Rights Amendment for Justice Efficiency

Andorra's government has updated regulations to streamline lawyer assignments, refine financial assessments, and index pro bono fees to inflation for better judicial access.

Business•3 Related•May 28, 2026 • 12:16

Andorra Economist Urges Closer EU Ties to Counter Global Shifts

Emeritus professor Josep Oliver Alonso calls for Andorra to deepen its EU association agreement for long-term viability. He highlights economic reliance on Catalonia, stagnation risks, and benefits like crisis aid amid global changes including AI and ageing populations.

Business•2 Related•May 28, 2026 • 07:31

Andorran Tribunal Upholds Criminal Case Closure and Blocks €62M Restructuring Plan

Rulings uphold closure of criminal case against administrators and block €62M restructuring plan reliant on land sales, paving way for insurer's liquidation.

Business•5 Related•May 28, 2026 • 07:31

Andorra Telecom Upgrades Routers for 75% of Customers to Max Speeds

Andorra Telecom completed router upgrades for 75% of its customers, providing access to maximum internet speeds and better stability for multi-device use. Remaining users urged to request free replacements promptly.

Business•4 Related•May 28, 2026 • 07:01

Andorra Telecom SIP Fault Disrupts Phone Switchboards for 20 Clients

Early morning technical issue blocked incoming fixed-line calls until midday, affecting businesses and public administrations like Encamp's Comú; services fully restored by 12:15 p.m.

Business•5 Related•May 27, 2026 • 20:01

Andorra Awards €270K Contract to Rehab Tobacco Factory into Advanced Tech Hub

Andorra awards €270K to rehab ex-Catsa tobacco factory into R&D and startup hub, boosting innovation to 7-8% GDP. €67K for school safety upgrades.

Business•5 Related•May 27, 2026 • 20:01

Encamp’s L’Enfira’t Trade Fair Returns June 13-14 with 65 Stands and 5,000 Visitor Goal

Encamp’s multisectorial fair at Parc de l’Ossa and Carrer del Prat de l’Areny targets last year’s 5,000 visitors. It highlights local businesses, adds motorhome and food stands, plus family activities like concerts and races for economic promotion.

Business•4 Related•May 27, 2026 • 20:01

Encamp Council Disburses €33,000 in Aid to Pas de la Casa Businesses Hit by French Road Closure

Encamp parish council provided €33,000 total support to local firms facing losses from the RN20 landslide closure. Measures include grants and rebates amid a €1.56 million aid package for winter disruptions.

Business•2 Related•May 27, 2026 • 12:32

Encamp's Enfira't Fair Secures 50 Exhibitors, Eyes 5,000 Visitors

Organizers report strong interest in Encamp's fourth Enfira't fair with 50 exhibitors already signed up and capacity nearly full. The event promotes local businesses and sports groups through stands, activities, and a new camping zone.

Business•5 Related•May 27, 2026 • 06:17

Andorra Housing Crisis Fuels Population Boom, Price Surge in Catalan Border Towns

Andorra's soaring rents and home prices are pushing workers into nearby Catalan areas like La Seu d'Urgell and Puigcerdà, sparking rapid population increases, foreign resident surges, and sharp rises in property sales across the border.

Business•2 Related•May 26, 2026 • 13:46

Andorra Lottery Shop Distributes €600,000 Spanish National Prize

A lottery outlet in Andorra la Vella paid out €600,000 in prizes from Spain's National Lottery after selling all 10 tenths of the top-winning combination. Owner confirms sales to neighbourhood residents who expressed gratitude.

Business•2 Related•May 25, 2026 • 22:16

Andorran Family Businesses Face Acute Succession Crisis with 70% Lacking Plans

Over half expect leadership changes soon, risking rushed decisions, family tensions, and economic instability as emotional barriers hinder preparation.

Business•2 Related•May 25, 2026 • 10:16

Andorra's Personalised Plates Generate €2.3M in Revenue Since 2014

Service approved 1,516 plates with 1,377 active by end of 2025; 2025 saw 274 new issues bringing in €411,412 from fees and renewals.

Business•4 Related•May 24, 2026 • 20:31

Sant Julià de Lòria Used Vehicle Fair Draws 200 Cars Amid Economic Pressures

Organised by the parish council, the event highlights rising demand for second-hand cars as households seek budget-friendly alternatives to new vehicles. Exhibitors note strong buyer intent despite slightly lower attendance.

Business•2 Related•May 24, 2026 • 18:03

Sant Julià de Lòria to Absorb €6M Camprabassa Debt via Share Conversion

Sant Julià de Lòria council will convert €6 million in loans to shares in Camprabassa, operator of Naturland park, to stabilise its finances amid ongoing losses and enable debt restructuring. A €2 million renaturalisation aims for self-sustainability.

Business•2 Related•May 22, 2026 • 12:16

Canillo Tops Andorra Winter Tourist Occupancy at 76.4% Despite Encamp's Lead in Establishments

Andorra's tourist accommodations saw overall occupancy rise to 67.5% this winter, driven by Canillo's strong 76.4% average thanks to prime skiing access. Encamp improved but trailed, while the capital parish declined sharply late-season.

Business•4 Related•May 22, 2026 • 07:31

Andorra Allocates €4.3M in Rental Subsidies to 1,847 Amid 35% Rise in Housing Cases

Despite surging housing demands from rent hikes and evictions, Andorra's social department provided €4.3 million in subsidies to 1,847 people in 2025, with total aid reaching €5.2 million amid eligibility tightening and new public units.

Business•4 Related•May 21, 2026 • 20:02

Encamp Approves €2.32M for Solar Panels, Efficiency Upgrades and Public Spaces

Encamp council invests €2.32 million in photovoltaic installations, climate system renewals and lobby renovations to cut energy costs by €100,000 yearly while advancing sustainability and citizen services. Projects align with Andorra's renewable energy laws.

Business•3 Related•May 21, 2026 • 17:31

Creand Crèdit Andorrà Hosts Investment Conference on Portfolio Building in Uncertain Times

Event on June 2 features bank's asset management experts sharing principles and strategies for long-term financial goals amid volatility.

Business•2 Related•May 21, 2026 • 11:16

Andorra Retail Sales Grow 4.3% in March Despite Food Declines

Andorra's Statistics Department reports year-on-year sales increases in large retail outlets and detail trade for March, fueled by non-food and fuel gains, even as food sales dropped amid price pressures. Road reopening spurred monthly surge.