Business

Economy, finance, and commercial developments in the region.

Business•3 Related•Apr 11, 2026 • 06:02

Andorra Retirement Fund Ends March at €1.951 Billion Amid -1.1% Loss from Middle East Tensions

Geopolitical volatility triggers €60 million unrealised losses across diversified assets, though long-term returns remain robust at 5.8% over 12 months and exceed inflation.

Business•4 Related•Apr 11, 2026 • 06:02

Creand MD Calls 37th Trobada Empresarial al Pirineu 'More Necessary Than Ever' Amid Global Tensions

Event on 11-12 June in La Seu d'Urgell features speakers like Matteo Renzi, Josep Borrell, and Salvador Illa, with new Thursday start for better networking.

Business•5 Related•Apr 10, 2026 • 07:17

Andorra and CRG Launch International Call for Mountain Genomics Researchers

Two excellence positions leverage Andorra's high-mountain ecosystems for biodiversity and biotech research, with priority for nationals and doubled government funding announced.

Business•4 Related•Apr 10, 2026 • 07:16

Andorra Imports Surge 12% to €177.7M in March as Exports Drop 11.9%

Strong demand boosted sectors like 'Diversos' and 'Construcció', while energy imports fell sharply; jewelry exports rose sharply despite overall decline.

Business•2 Related•Apr 09, 2026 • 17:46

Andorran Entrepreneur Jordi Pont Bros, Pioneer of Premium Cigar Imports, Dies at 88

Known as 'l'home dels havans i les Montblanc,' he shaped the country's economy through his shop Comercial Pont and ventures like a popular restaurant, passing after a prolonged illness.

Business•5 Related•Apr 09, 2026 • 15:31

Andorra Apartment Prices Surge 30.65% to €7,840/m² in Q1 2026

Average sales hit €981,400 per unit amid sharp parish variations, with Escaldes-Engordany topping at €10,401/m²; rentals rise 16.2% to €27.20/m².

Business•5 Related•Apr 09, 2026 • 12:16

Andorran Businesses Warn of Shrinking Margins Amid Oil Surge and Strait of Hormuz Closure

Firms face surging transport and food costs from Middle East tensions, urging government aid as inflation hits 4.1%; Finance Minister monitors situation without immediate decisions.

Business•2 Related•Apr 09, 2026 • 11:31

Andorra Fuel Prices Surge in March Due to Iran War Disruptions

Vehicle diesel jumped over 21%, with standard at €1.493/L and premium at €1.524/L, while unleaded petrol rose 12%. Year-over-year gains persisted despite quarterly and annual declines.

Business•3 Related•Apr 09, 2026 • 07:01

Four units remain unclaimed after no families met occupancy criteria, with monthly rents ranging €327-€767

Four units remain unclaimed after no families met occupancy criteria; rents range €327-€767 based on size and household needs in Arinsal's Ribasol Ski-Park.

Business•5 Related•Apr 09, 2026 • 06:01

Andorran Government Approves €1.35M Payment to Heliport Concessionaire for Cost Overruns

Andorran government approves €1.35M to Heliports d’Andorra 360 for La Caubella heliport overruns from price hikes, earthworks, and circuit relocation on €12M project.

Business•5 Related•Apr 09, 2026 • 06:01

Andorra's Banks Report €176M Profit in 2025, Up 1% with Record Assets and Solvency

Client assets surged 21% to €113B amid robust lending growth and metrics exceeding European averages, bolstering the sector's resilience and national competitiveness.

Business•4 Related•Apr 09, 2026 • 05:31

Andorra Residents Made 26,262 Property Purchases 2016-2025, 74% by Long-Term Locals

Andorran nationals topped buyers at 45%, with parking spaces leading transaction types; first-home aid scheme approved eight applications early in 2025 amid data gaps.

Business•4 Related•Apr 08, 2026 • 16:17

Andorra Hotels Hit 70.88% Occupancy in March, Best Since Pandemic

Andorra's hotel sector ended the 2025-2026 winter on a high note, with good snow conditions and an early Easter driving the best March results since the pandemic amid operational challenges.

Business•4 Related•Apr 08, 2026 • 14:01

Caldea Posts €11.7M Revenue in 2025-2026 Winter Season, Up 4.25% Despite Fewer Visitors

Growth driven by higher ticket prices and 40% restaurant surge; spring shifts to adults-only wellness with maintenance from April 7.

Business•2 Related•Apr 08, 2026 • 12:16

La Massana Awards Contract to Form Aigües de la Massana Water Management Company

La Massana parish council awards legal advisory contract to create Aigües de la Massana, a mixed company to manage the full water cycle for greater agility and investment.

Business•2 Related•Apr 08, 2026 • 10:01

Andorran Ministry Awards €229,900 Contract to Cases&Lacambra for Public Debt Refinancing

The law firm will design a new issuance to refinance the emission maturing on 23 February 2027, selected via international tender and announced in the BOPA.

Business•4 Related•Apr 08, 2026 • 06:33

Andorra Energy Demand Dips 0.5% in February 2026 Amid Falling Production, Rising Imports

Cumulative January-February consumption rises 1.4% to 126,161 MWh, with FEDA customer demand up 0.9% driven by construction and households, despite ski resort declines.

Business•5 Related•Apr 08, 2026 • 06:33

Andorra's Disability Pensions Rise 5.3% to 419, Economic Aid Hits €3.45M YTD

Q3 saw full approval of 22 new solidarity pensions and 285 occasional aid grants totaling €748K, supporting 984 households amid 15.4% yearly funding increase despite fewer Q3 recipients than 2024.

Business•4 Related•Apr 07, 2026 • 13:16

Caldea Ends 2025-2026 Winter Season with €11.7M Revenue, Up 4.25% Despite Fewer Visitors

Higher spa prices and strong on-site dining growth offset visitor decline, reinforcing its premium wellness model amid renovations.

Business•2 Related•Apr 07, 2026 • 11:16

Andorra Approves Sharp Rise in Economic Aid Payments Amid Uneven Recovery

Government greenlit 98.6% of 1,111 applications for €3.45 million through September 2025, up 15% year-over-year, with single-parent and unipersonal households leading recipients.

Business•4 Related•Apr 06, 2026 • 10:31

Andorra Pension Chief Urges Youth to Buy Property for Retirement Amid Ageing Doubts

Young Andorrans doubt pay-as-you-go system's viability and expect later retirement, prompting calls for generational reforms and personal investments to cut future rent costs.

Business•4 Related•Apr 06, 2026 • 06:31

Andorra la Vella Approves Revised Tender for Pouets Parking Site Concession

After failed 2025 bids, updates include flexible usage for cultural and social activities, new surveys, and minimum €4,000 monthly canon to attract private operators.

Business•2 Related•Apr 05, 2026 • 22:16

Andorra Ends 2025 with €88M Fiscal Surplus Despite Housing Tax Shortfalls

Robust foreign property and sales tax revenues fueled the gain, alongside rising passive residents and self-employed inflows, though vacant property tax collected only €42,875.

Business•4 Related•Apr 05, 2026 • 20:31

Soldeu Outlet Fair Draws 2,080 Visitors and 30% Sales Boost in Second Edition

Local businesses offered 40-70% discounts on textiles, accessories, and ski gear, exceeding expectations and sparking talks of expansion amid winter season lull.

Business•3 Related•Apr 05, 2026 • 18:01

Andorran Bakeries Hold Easter Mona Prices Steady Despite Rising Cocoa and Almond Costs

Shop owners absorb higher ingredient expenses to maintain demand, offering traditional butter-based monas and custom chocolate eggs themed with K-pop idols, anime, and sports motifs.