Business

Economy, finance, and commercial developments in the region.

Business•3 Related•Jun 30, 2026 • 07:00

Andorra Government Posts €2.3M Q1 2026 Surplus on Tax Surge

Andorra's government achieved a €2.3 million surplus in Q1 2026 as revenues climbed 12% to €139.3 million, fueled by robust direct tax collections amid strong economic activity.

Business•3 Related•Jun 29, 2026 • 15:00

Andorra Council Awards €116K Contract to Refurbish First Reviu Programme Flat

Andorra la Vella council partners with Construccions Llesui SL to transform an uninhabitable flat at Carrer del Puial 6 into a modern two-bedroom rental unit. The Reviu Programme's debut project uses split funding and aims to revive disused properties for citizens' housing needs.

Business•3 Related•Jun 29, 2026 • 13:15

Andorran Banks Boost Net External Assets 5.6% to €5.3 Billion in Q1 2026

Andorran banking sector's net external assets climbed to €5,294.5 million, fueled by stronger non-resident holdings and private sector ties. Broad money supply expanded amid improved financing capacity versus Q1 2025.

Business•3 Related•Jun 29, 2026 • 12:15

Andorra Electricity Demand Dips 0.2% in May 2026 Amid Gulf Conflict

Andorra's electricity consumption edged down slightly to 40,084 MWh last May, as sharp import declines offset rising local generation during the Persian Gulf conflict. Overall energy use in TEP terms plunged due to fuel drops.

Business•4 Related•Jun 29, 2026 • 09:30

Young Shepherd Pep Naudi Leads 300 Sheep in Andorra's Setúria Blessing Parade

A 26-year-old shepherd from La Massana guided 300 sheep through town streets in the second annual Setúria blessing, a UNESCO-recognized tradition that celebrates transhumance and mountain land management. Officials hailed his leadership potential amid infrastructure investments.

Business•3 Related•Jun 29, 2026 • 07:15

Andorra Opens 25 Inspections on Music Venues for Licensing and Noise Compliance

Andorra's authorities targeted bars, pubs, nightclubs, and restaurants with music, spurred by complaints and proactive checks. Total commerce inspections rose 24% to 259 in 2025, with sanctions tripling.

Business•4 Related•Jun 29, 2026 • 06:45

Andorra Hotels Expect Strong Summer Occupancy Boost from Events and Geopolitics

Andorra's hotel association is confident in matching or surpassing recent summer occupancy highs. Competitive packages, major events like Cirque du Soleil, and geopolitical shifts favoring regional travel bolster prospects.

Business•2 Related•Jun 26, 2026 • 09:15

Andorra Court Upholds Insurers' Bankruptcy, Grants Landowners Procedural Win

Andorra's top court rejected former insurers' owners' rights claims in bankruptcy, confirming fair procedures. It separately annulled a land classification decision for poor reasoning, mandating a redo on a disputed Escaldes-Engordany development plot.

Business•4 Related•Jun 26, 2026 • 07:45

Andorra Labour Inspectorate Hits Record 143 Sanctions in 2025 on Safety Violations

Andorra's Labour Inspectorate imposed a record 143 sanctions in 2025 despite 33% fewer inspections, with safety and health violations surging to 88 cases from 48 the prior year.

Business•4 Related•Jun 26, 2026 • 07:45

Andorra Designates Andorra Telecom as ITU Satellite Registration Authority

Andorra Telecom gains official responsibility for ITU satellite filings, coordinating frequencies and orbits. This enhances Andorra's role in global telecom and opens space economy prospects.

Business•4 Related•Jun 26, 2026 • 06:45

Ordino Cancels Sports Centre Roof Tender Over No Bids, Relaunches With Easier Rules

Private construction boom in Andorra leaves public tenders like Ordino's sports centre roof repair without bidders. Officials relaunched the process with looser criteria while endorsing urban planning studies to manage growth pressures.

Business•2 Related•Jun 25, 2026 • 11:45

Andorra Court Annuls Ruling in Casa Xirro Land Dispute

Andorra's Constitutional Court voided a lower court decision favoring Escaldes-Engordany parish council. It mandates re-evaluation of the plot's urban status near Engolasters Lake, citing flawed reasoning and overlooked precedents.

Business•2 Related•Jun 25, 2026 • 06:30

Andorra Landlords Gain Immediate 6-Month Notice Rights Under Rental Deregulation

New rules allow Andorran property owners to notify tenants immediately on lease futures. Reforms phase out controls over years with tiered caps and new tenant duties.

Business•3 Related•Jun 24, 2026 • 07:15

UNICEF Andorra Raises €442K in 2025, Up 1% via Business Partnerships

Andorra's UNICEF National Committee reported a slight fundraising boost, attributing success to new business ties and renewed partnerships. The assembly approved accounts and future plans emphasizing transparency and global child aid.

Business•4 Related•Jun 24, 2026 • 06:45

Andorra Approves Law Creating Official College for Administrative Managers

The government establishes professional standards for administrative managers via a new Official College (COGAA), mandating qualifications and membership to protect clients and regulate the sector with ~800 businesses. Separately, first-home guarantees reach 28 approvals.

Business•4 Related•Jun 23, 2026 • 23:30

Andorra Audit Court Slams Government Overtime, Staffing Abuses in 2024 Reports

Andorra's Audit Court issued reports exposing widespread 2024 fiscal lapses, including regulatory breaches in overtime pay for 73 workers, unauthorized staffing extensions, improper hires at Andorra Turisme, and procurement failures across government bodies.

Business•4 Related•Jun 23, 2026 • 20:15

Andorra Approves 250 Extra Immigration Permits to Tackle Staffing Shortages

Andorran officials released 250 new work permits in two categories to fill urgent gaps in essential sectors after prior allocations ran out. The move balances business demands with sustainable development, drawing mixed reactions from industry leaders.

Business•4 Related•Jun 22, 2026 • 14:45

Andorran Family Business Association Warns of Staff Shortages from Depleted Immigration Quotas

Andorra's Family Business Association raises alarms over labor shortages crippling traditional industries due to exhausted immigration quotas and calls for business diversification amid government permit tweaks.

Business•3 Related•Jun 22, 2026 • 14:30

Andorra Foreign Property Investments Drop 20% Amid New Taxes; Caubella Heliport Opens

Economy Minister blames reforms for the decline after last year's boom. Meanwhile, the new €5.5M+ heliport in La Massana targets 1,800 landings yearly, prioritizing emergencies and aerial services with capped costs.

Business•2 Related•Jun 22, 2026 • 13:15

Andorra Export Prices Up 2.8% YoY as Imports Flat in March 2026

Andorra's Unit Value Index reveals stable import prices year-on-year in March 2026, contrasted by a 2.8% export price increase. Month-to-month shifts show imports up 4.1% and exports leaping 52.8%, highlighting category-specific trends.

Business•4 Related•Jun 22, 2026 • 08:00

Andorra to Launch Colombia Pilot for Recruiting 250 Non-EU Workers

Andorra's government will collaborate with Colombia on a pilot scheme to bring in non-EU workers on fixed nine-month contracts, addressing business labor shortages while organizing migration flows securely for all parties.

Business•3 Related•Jun 22, 2026 • 07:30

French Customs Ramp Up Fight Against Andorra Cigarette Smuggling Rings

Authorities at France's Porta border post target professional smuggling bands using porters, fake vehicle compartments, and mountain drops to move bulk cheap tobacco from Andorra. Joint operations seized thousands of packs amid rising enforcement.

Business•3 Related•Jun 22, 2026 • 06:30

Andorra Warns of FortiBleed Cyber Campaign Targeting Local Fortinet Systems

Andorra's cybersecurity agency identified local systems in a massive FortiBleed espionage operation using infostealer malware credentials. Affected entities notified; monitoring continues amid global hits on critical sectors.

Business•3 Related•Jun 21, 2026 • 17:00

Andorra la Vella Launches Online Census Services for Residents

Andorra la Vella council introduces a digital platform for census management, enabling round-the-clock remote handling of key procedures. This initiative processes over 3,000 requests yearly, reducing bureaucracy and enhancing accessibility through technology.

Business•2 Related•Jun 21, 2026 • 07:45

Universitat Europea Celebrates 6 Years in Andorra with Academic Growth and Local Ties

The institution, launched in 2020, has diversified programs, forged strong business and international links, and generated local jobs to embed deeply in Andorra's economy and society.