Business

Economy, finance, and commercial developments in the region.

Business•2 Sources•Dec 11, 2025 • 21:46

Andorran banks back Bank of Spain as lender of last resort; MoraBanc eyes €60m 2025 profit

Linguistic ties and Spanish subsidiaries drove a consensus to designate the Bank of Spain, while MoraBanc projects about €60m in 2025 profit as.

Business•1 Source•Dec 11, 2025 • 21:46

Housing sales boom in Andorra, MoraBanc CEO says

MoraBanc CEO Lluís Alsina reports a strong upswing in flat sales and mortgage demand across Andorra, with especially high prices in central.

Business•2 Sources•Dec 11, 2025 • 19:31

Andorra business confidence edges up in Q3 2025

Harmonized Business Confidence Index rose to 100.95 in Q3, up 1.18% quarter‑on‑quarter and 0.71% year‑on‑year, led by services and industry gains.

Business•3 Sources•Dec 11, 2025 • 19:16

Andorra unemployment 1.4% in Q3 2025 as GDP forecasts signal moderate growth

Unemployment stood at 1.4% (801 people) in Q3 2025—down 0.3pp year‑on‑year but up 0.5pp from Q2.

Business•1 Source•Dec 11, 2025 • 12:01

Taxation drives real returns in wealth management

Taxes affect income, holding and transfer stages; integrated planning on withholding, capital gains, vehicle choice and succession can materially.

Business•1 Source•Dec 11, 2025 • 06:48

Andorra pension reserve fund offers 140 Semtee (Caldea) shares for sale

The FRJ has launched a sale of 140 shares in Caldea’s operator Semtee for technical alignment with its investment rules, setting a €1,500 minimum.

Business•3 Sources•Dec 11, 2025 • 06:47

Colonial SFL and Andbank España buy Naturgy’s Madrid HQ for ~€80m

Colonial SFL and an investor group led by Andbank España have acquired the office building at 38 Avenida de América for about €80 million, with.

Business•2 Sources•Dec 11, 2025 • 06:46

Thierry Dissaux appointed to Andorra's banking resolution board

The Andorran Financial Authority has named French finance specialist Thierry Dissaux as its representative on AREB, effective 1 January 2026.

Business•2 Sources•Dec 11, 2025 • 06:16

Six acquitted in BPA trial left definitively cleared as others appeal convictions

The Public Prosecutor’s Office and Government declined to challenge the Court of Corts’ 15 July acquittals, making them final.

Business•5 Sources•Dec 10, 2025 • 19:46

Andorra projects steady, moderating growth and contained inflation through 2025–2030

Department of Statistics forecasts model‑based nominal GDP growth of ~4.8% in 2025, easing to ~3.7% by 2030, with real GDP slowing from 2.8% to.

Business•1 Source•Dec 10, 2025 • 13:31

Andorra committee finalises new insurance contract law, revises sanctions

Finance and Budget committee approved a law to align insurance contracts with EU standards, boost transparency and change penalty rules; it goes to.

Business•1 Source•Dec 10, 2025 • 13:16

Former clients mobilise after Assegurances Generals bankruptcy

About 30 mainly French former clients are pursuing legal and political steps against the insurer and its owners, claiming opaque handling of.

Business•1 Source•Dec 10, 2025 • 13:01

Andorra voids tender for €500,000 tourism accommodation modernisation aid

The Andorran government declared void the tender to draft regulations for aid to modernise tourist accommodation.

Business•1 Source•Dec 10, 2025 • 12:46

Retirement Reserve Fund (FRJ) at €1.95bn with 5.6% YTD return

The FRJ reached €1,947.2m in November, posting a 5.6% year-to-date return despite a 0.15% monthly dip amid AI investment and Fed policy uncertainty.

Business•3 Sources•Dec 10, 2025 • 06:32

Andorran firms report adequate winter staffing as weekend traffic strains services

Most companies say staffing gaps are isolated after targeted seasonal hires, while a busy long weekend of visitors and crashes pressured emergency.

Business•3 Sources•Dec 10, 2025 • 06:32

Andorra en xifres relaunched as interactive, continuously updated statistics platform

The long-running national compendium has been digitised into a centralised, interactive platform with expanded analysis and automatic updating of.

Business•5 Sources•Dec 10, 2025 • 06:01

Andbus first in Andorra to ratify company‑wide collective agreement by binding staff vote

Employees of Andbus (Novatel S.A.U.) approved a company‑wide collective agreement in a direct ballot—84% turnout and 94.4% approval.

Business•5 Sources•Dec 09, 2025 • 16:31

Naturland reports 26% visitor rise and 11.5% revenue boost over long weekend

Naturland welcomed 2,400 visitors during the Immaculate Conception long weekend, a 26% year‑on‑year increase, and recorded an 11.5% rise in revenues.

Business•1 Source•Dec 09, 2025 • 06:46

EMAP accuses Grandvalira partners of sidelining Pal Arinsal amid heavy losses

Since integration into the Grandvalira group in September 2021 Pal Arinsal has recorded about €4.5m in losses per season, says EMAP, which faults.

Business•1 Source•Dec 09, 2025 • 06:46

Andorra FIU opens selection for two supervision posts

Uifand has launched a selection process to recruit two staff for its supervision and control area under AML/CTF law, with applications due 14.

Business•5 Sources•Dec 09, 2025 • 06:16

Grandvalira records 46,800+ ski days over Puríssima weekend as season starts strongly

More than 46,800 ski days and a Sunday peak of about 18,000 skiers after 15–30 cm of fresh snow and sunny weather; hotels nearly full.

Business•1 Source•Dec 08, 2025 • 23:01

Ramaders d’Andorra sets €2.3m budget for 2026, forecasts €1.7m meat sales

The public company projects a 9.1% rise in meat sales to €1.7m and a 4.5% increase in its total budget to €2.3m for 2026, while trimming some.

Business•1 Source•Dec 08, 2025 • 23:01

LinkedIn largest in Andorra; TikTok growing fast while X plunges

Digital 2025 shows LinkedIn had ~69,000 users in Andorra at the start of 2025.

Business•1 Source•Dec 08, 2025 • 21:31

Legal dispute over Arbres del Tarter development stalls buyer completions

A clash between investor companies and the delegated promoter for the high-end Arbres del Tarter project has prevented multiple purchasers from.

Business•1 Source•Dec 08, 2025 • 21:16

Andorra to overhaul GDP accounting after Statistical Office admits gaps

Government concedes GDP is currently estimated only via the supply (production) approach and is updating methodology with IMF help to add demand-.