Business

Economy, finance, and commercial developments in the region.

Business•5 Sources•May 10, 2026 • 13:16

Booking.com Data Breach Fuels Phishing Scams Targeting Andorran Hotels and Guests

Fraudsters use stolen reservation details in fake WhatsApp and email alerts to steal banking credentials, prompting warnings from hotels and authorities.

Business•6 Sources•May 08, 2026 • 19:19

Aparking Vinyes Plans Lawsuit Against Andorra la Vella Over Repeated Parking Flooding

Operator blames council's waterproofing failures breaching 1999 agreement; local authority launches comprehensive repairs amid political criticism as elections approach.

Business•6 Sources•May 08, 2026 • 19:19

Andorra Apartment Prices Rise 3% to €4,416/sqm in Q1 2026 Despite 9% Sales Drop

Overall property transactions fell 3.7% year-on-year to 492, with average prices across all types climbing 11% amid fewer high-value deals and shifting buyer demographics.

Business•2 Sources•May 08, 2026 • 19:18

Columbia Economist Xavier Sala i Martín Addresses MoraBanc Clients on Global Wealth Opportunities

At the exclusive May 8 conference in Andorra, he analyzed disruptions like geopolitical tensions and stagflation risks while highlighting AI's transformative role in finance and key growth sectors.

Business•6 Sources•May 07, 2026 • 13:31

Andorra Approves €40.1M Budget Shift for Housing Expansion and Hospital Upgrades

Consell General reallocates surplus funds to add 150-200 public rental units and fund MRI scanner, robotic surgery system, and helipad improvements amid population growth and social needs.

Business•4 Sources•May 07, 2026 • 13:02

Andorra Launches Relleu Empresa Platform to Link Businesses with Successors

The digital tool at relleuempresa.ad connects owners of profitable firms, especially family-run ones, with entrepreneurs to prevent closures amid generational disinterest and shifting consumer habits.

Business•3 Sources•May 07, 2026 • 12:01

Andorra Winter Hiring Down 3% for 2025-2026 Season with 155 Fewer Workers Authorised

Non-EU permits drop 8.8% amid weaker tourism demand, while EU hires rise 21.6%; quotas fully utilised at 101.5% as of April.

Business•2 Sources•May 07, 2026 • 07:02

MoraBanc Launches Andorra's First Staking Investment Fund for Digital Assets

Clients can earn variable yields by allocating holdings without trading, enhancing the bank's custody, trading, and financing services. Custody fees waived until year-end to drive adoption.

Business•5 Sources•May 07, 2026 • 07:01

Andorra Approves €32,907 Grants for Pas de la Casa Retailers Hit by French Road Landslide Closure

Four small businesses receive aid to offset social security and cash flow losses from the RN-20 blockage, which restricted French visitors from late February to early March.

Business•5 Sources•May 07, 2026 • 06:32

Andorran Schools Receive 16,485 kg of Local Beef Since 2022 as Government, Andbank Extend Deal to 2025

Partnership subsidizes school purchases to boost ranchers and promote regional products, with new menu logos and campaigns planned. Minister also announces animal welfare law overhaul and Maià-Sorteny park bill.

Business•6 Sources•May 06, 2026 • 07:16

Andorra Inflation Surges to 4.9% in April, Highest Since 2024, Fueled by Transport Costs

Fuel price hikes from Middle East tensions drive the increase, outpacing neighbours Spain and France; government monitors closely without immediate measures amid IMF slowdown warnings.

Business•4 Sources•May 06, 2026 • 07:16

Andorra Customs Revenues Drop 14% in April to €16.06 Million

Tobacco duties plunged 37.6% year-over-year amid lower import volumes, offsetting gains in other goods, with year-to-date totals down 7.9% from 2025.

Business•2 Sources•May 06, 2026 • 06:47

Myandbank Expands Crypto Trading to Eight Assets Including Solana and Ripple

Developed with Prosegur Crypto, the update adds Cardano, Avalanche, Chainlink, Polkadot to Bitcoin and Ethereum, offering clients secure, app-based diversification with competitive 0.50% fees.

Business•6 Sources•May 05, 2026 • 07:17

Andorra Inflation Hits 4.9% in April, Highest Since 2023 on Surging Fuel Costs

Transport-led rise outpaces neighbors Spain and France amid Middle East tensions; IMF warns of GDP slowdown from 3.9% in 2025 to 2.1% in 2026.

Business•5 Sources•May 04, 2026 • 11:46

IMF Confirms Andorra's 3.9% Growth in 2025, Forecasts 2.1% for 2026 Amid Structural Challenges

Robust tourism and financial services drove expansion with low unemployment and cooling inflation, but ageing population and low productivity demand reforms in healthcare and diversification.

Business•2 Sources•May 04, 2026 • 07:31

Andorran Families Face Eviction Notices and Court Battles Amid Rental Market Turmoil

Twenty-five households receive non-renewal letters as regulations loom, while a family in La Massana fights eviction over disputed verbal lease in ongoing legal dispute.

Business•3 Sources•May 02, 2026 • 10:16

Andorra Landlords End Leases for 25 Families by 2027 Amid Rent Freeze Expiration

Long-term retirees face eviction from two Mitjavila buildings and a Fener sale to developers, sparking shock over doubled rents and housing uncertainty in tight market.

Business•2 Sources•May 02, 2026 • 06:32

Andorra's Labour Day Passes Quietly Without Protests Amid Divided Workforce

Essential service workers in tourism and retail labored through the holiday to serve steady influx of visitors, while others enjoyed the extended weekend, highlighting tensions over wages and work culture in the service-driven economy.

Business•6 Sources•May 01, 2026 • 06:47

Andorra Cuts Migrant Worker Quota by 11% to 800 Amid Business Shortage Warnings

Government approves reduced permits until November for sustainable growth, while parliament unanimously passes labour equality law equalising 20-week paternity and maternity leave by 2030.

Business•2 Sources•Apr 30, 2026 • 13:46

Andorra Hits €237M Financing Capacity in Q3 2025 on Services Surplus

Robust €689M services exports offset goods trade deficit, driving 112.1% current account surplus amid solid external finances.

Business•5 Sources•Apr 30, 2026 • 07:31

Andorra Business Launches 2026 Grants with €180,000 Budget, Up 30% to Boost SMEs

Subsidies cover up to 80% of costs for sustainability, innovation and growth projects, with applications open until May 29 and a possible second round later.

Business•4 Sources•Apr 30, 2026 • 07:03

Canillo Approves Scaled-Back Incles Valley Housing Plan for 16 Homes or 8 Chalets

Project cedes 20% of 8,460 sqm site for public tourism facilities amid council push for quality over density; Armiana telecabina talks stall with holdout landowners.

Business•2 Sources•Apr 30, 2026 • 07:02

Andorra Minister Meets Skål Club Board to Boost Tourism Collaboration

Torres pledges government support for World Tourism Day on September 27 and emphasizes stronger ties among hospitality, travel, and business professionals in the Principality's key economic sectors.

Business•3 Sources•Apr 30, 2026 • 07:02

Myandbank Launches Instant Virtual Card Service with No Fees or Physical Card Needed

Users activate the fully digital payment option in under three minutes via mobile app, featuring immediate access, zero charges, and seamless integration with Apple Pay and Google Pay.

Business•6 Sources•Apr 29, 2026 • 22:16

Andorra Approves 800 Residence and Work Permits, Down 11% from Last Year

Quota balances labor needs with population control amid business concerns over tourism and construction shortages; Immigration Law updated for EU border compliance with provisional permits during security checks.