Business

Economy, finance, and commercial developments in the region.

Business•4 Sources•Apr 05, 2026 • 07:16

FEDA Group Posts €25.4M Profit in 2025, Nearly Matching Record Year

All subsidiaries achieved positive results amid stable import prices, bolstering funds for energy transition projects like new hydroelectric and wind initiatives.

Business•3 Sources•Apr 05, 2026 • 06:46

Andorra Import Customs Revenues Drop 5.8% to €51.9M in Q1 2025

Tobacco sales led the decline with a 10.5% fall, while beverages dropped 19.5%; fuel eased 4.2% but 'other goods' rose 1.5% after road reopening.

Business•2 Sources•Apr 03, 2026 • 18:46

Albert Moles Retires as FEDA General Director After 38 Years

Successor Sílvia Calvó calls him 'almost irreplaceable' for his visionary leadership in modernising Andorra's power grid, with tributes praising his lasting legacy in energy infrastructure.

Business•5 Sources•Apr 02, 2026 • 06:17

Andorra's March CPI Hits 4.1%, Highest in Two Years on Fuel Surge

Transport and housing costs soar amid global oil spikes, outpacing inflation in Spain and France as residents tighten budgets.

Business•5 Sources•Apr 01, 2026 • 20:01

Andorra Fuel Importers Urge Tax Relief as Middle East Conflict Drives Up Pump Prices

Assidca presses government for support to counter rising Brent crude costs and maintain price edge over Spain, amid warnings of supply chain surcharges and inflation risks.

Business•5 Sources•Apr 01, 2026 • 06:32

Andorra's Economy Surges 3.9% in 2025, Generating €88M Surplus and Lowest Debt Since 2010

Diversification in services and taxes fueled growth outpacing neighbors, enabling housing expansion and rejection of stricter fiscal proposals from opposition.

Business•5 Sources•Apr 01, 2026 • 06:01

Andorra Telecom Reports €29.2M Profit in 2025, Up €2.4M from 2024

Revenues hit €84.5M with key investments in 10GPON fibre, 5G expansion to 91% coverage, and digital innovations boosting customer satisfaction to 8.06.

Business•4 Sources•Mar 30, 2026 • 16:46

La Massana Parish Council Approves 2025 Budget with €1.89M Surplus from Surging Property Taxes

Revenues hit €23.5M driven by 86% jump in transfer taxes to €3.5M amid booming home sales, while spending fell 4.4% with reduced capital outlays and construction quotas aiding sustainable growth.

Business•2 Sources•Mar 30, 2026 • 07:47

Ingeni Coworking Grants AUTEA Fixed Office Space in Expanded Partnership

The autism support association gains on-site administrative capabilities at Ingeni's Andorra facilities, enabling a shift toward direct care and technician training amid its growth to nine staff and over 200 beneficiaries.

Business•5 Sources•Mar 29, 2026 • 07:31

Massive Fire Destroys Aigües d'Arinsal Bottling Plant After 48 Hours of Containment Efforts

Firefighters from 10 units extinguished the blaze at the renovated 4,000m² facility in La Massana parish, with no injuries reported amid evacuations, water shortages, and a probe into electrical origins.

Business•2 Sources•Mar 28, 2026 • 07:32

MoraBanc Group Registers BEF Name Change to MoraBanc in Spain

The rebranding completes the acquisition from Unicaja S.A. and is supported by key governance hires, advancing full banking operations by 2027.

Business•5 Sources•Mar 27, 2026 • 19:31

Andorra Fuel Importers Warn Government of Shrinking Price Edge Over Spain Amid Oil Crisis

Rising Middle East oil costs and Madrid's tax cuts erode tourist sales and state revenue, prompting urgent talks with Economy Minister for potential relief measures.

Business•4 Sources•Mar 27, 2026 • 06:32

Canillo Proposes €115K Maze for Soldeu Ski Area to Boost Summer Tourism

Ordino expands campervan parking with resident spots and seasonal sites amid rising demand, while La Comella residents protest new terraced homes over environmental concerns.

Business•4 Sources•Mar 25, 2026 • 20:46

Encamp Council Unveils Strict Terrace Regulations for Uniform Urban Look

New rules cap public space use, standardise designs and offer transition incentives, with vote set for Thursday and implementation from April 1.

Business•2 Sources•Mar 25, 2026 • 19:16

Andorra Approves 2026 Euro Coin Minting Programme Worth 6 Million Euros

The initiative includes over 7.9 million circulation coins across eight denominations, two limited-edition 2-euro commemoratives, and collector sets, produced by Spain's mint with a 1.2 million euro budget.

Business•3 Sources•Mar 25, 2026 • 06:17

Creand Crèdit Andorrà Wins Best Digital Bank in Andorra 2026 Award

The Global Banking & Finance Review honors the bank's digital transformation, including enhanced online platforms, cybersecurity, and client-focused innovations, with 63% of customers now using digital services.

Business•4 Sources•Mar 24, 2026 • 21:02

Canillo Council Unveils €115,000 Human-Scale Maze to Boost Summer Tourism in Soldeu

The project, announced at a local meeting, aims to attract families and diversify attractions beyond winter skiing, alongside highway upgrades and thematic street decorations.

Business•2 Sources•Mar 24, 2026 • 14:01

Andbus Opens Submissions for Third Andbus Solidari Forum Projects

Andorran entities have until April 30 to apply for funding and mentoring to advance high-impact social initiatives in local action or international cooperation.

Business•4 Sources•Mar 23, 2026 • 12:31

Andorra's Qualified Professionals Register Hits 3,912, Up 6.9% in 2025

Foreign nationals surpass 55% of total, Spaniards lead gains with 146 net increase; women secure 57.8% of 332 new authorisations amid drop in departures.

Business•3 Sources•Mar 23, 2026 • 12:16

Spain Slashes Fuel Taxes to Counter Middle East Crisis, Threatening Andorra's Price Edge

Prime Minister Pedro Sánchez's €5 billion package cuts VAT on petrol and diesel from 21% to 10%, potentially dropping pump prices by 30 cents per litre and narrowing the gap with cheaper Andorran fuel.

Business•4 Sources•Mar 21, 2026 • 16:01

Fitch Affirms Andorra's A- Sovereign Rating with Stable Outlook

Agency cites low public debt projected at 30.9% of GDP in 2025, robust banking sector, and strong growth amid global uncertainties, while noting challenges from energy dependence and demographics.

Business•1 Source•Mar 21, 2026 • 12:15

Andorra Defends Rental Market Liberalisation as Boost to Gender Equality

Housing Minister claims freer contracts will increase supply, lower rents, and help women overcome pay gap barriers to independent housing, amid phased unfreezing starting 2026.

Business•2 Sources•Mar 21, 2026 • 06:16

Andorra Tobacco Classification Ends with 150,000kg of High-Quality Leaf Despite Challenges

Minimal hail damage boosted the season's success at Borda Mateu in Santa Coloma, with southern parishes leading production. Crop heads to Italy for fermentation before Dutch cigar sale, amid concerns over aging workforce.

Business•1 Source•Mar 20, 2026 • 13:30

Milgauss Capital Wins Wealth Management Award in Iberian Region

The Andorran firm earned recognition at the 14th WealthBriefing European Awards for its advisory model, risk management, and transparency, led by Arnau Via and Carlos González.

Business•1 Source•Mar 20, 2026 • 13:00

Andorra Ranks Third in Europe's Best Retirement Destinations, Behind Cyprus and Malta

Valmerand study weighs quality of life, safety, and tax benefits on foreign pensions, with Andorra excelling in low crime and 10% max tax despite strict investment rules.