News

Student and company participation record in the seventh edition of the Tandem Project by Andorra Business

2022-10-24T10:37:15+01:0013/10/2022|

The seventh edition of the Tandem Project by Andorra Business, whose aim is to implicate the Vocational Training educational community of Andorra in innovative projects to be developed in companies and potentiate student talent, was presented on Thursday, October 13th, by the Minister for Presidency, Economy and Enterprise and president of Andorra Business, Jordi Gallardo, and the Minister for Education and Higher Studies, Ester Vilarrubla. 93 students are participating in this edition, the highest number of all previous editions, along with 18 teachers from the Aixovall center. For the first time, joining the project are 39 students and 6 teachers from [...]

Gallardo establishes contacts with representatives from the economic, innovation, digital, health, e-sports and consulting sectors in Paris in meetings organized by Andorra Business

2022-10-24T10:33:37+01:0012/10/2022|

The Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, held, on Tuesday and Wednesday, various entrepreneurial meetings in Paris with representatives from the sectors of economy, innovation, digital, health, e-sports and consulting. The program of the work sessions, organized by Andorra Business, included meetings with directors from some of the most important French entities established in Paris, such as the meeting held with the director of the French Chamber of Commerce, Antony Valentini, (in which they discussed economic aspects of bilateral interest for business people from both countries), as well as meetings with presidents and [...]

The Andorra Sports Innovation Summit awards startups Evix, CityLegends and Fanprime, with special mention for LogMeal

2022-11-16T16:30:14+01:0003/10/2022|

The National Auditorium, in Ordino, hosted on Monday the second edition of the Innovation Summit in winter sports, mountain and cycling, the Andorra Sports Innovation Summit, organized by Andorra Business, Andorra Research + Innovation and the Global Sports Innovation Center powered by Microsoft (GSIC). Eva Choy, vice mayor of Ordino, welcomed the around 70 attendees to the event. The Minister for Presidency, Economy and Enterprise, Jordi Gallardo, contextualized Andorra´s position as a sports tourism destination and research engine in this field. The sports sector, he stated, provides 7,7% of the country´s GDP with around 215 million Euros generated and employs [...]

The Program for Andorran Company Digitalization enters into the subvention and soft loans phase

2022-10-17T13:40:33+01:0026/09/2022|

The Program for Company Digitalization (PDE), promoted this summer by Andorra Digital, in collaboration with Andorra Business and the Chamber of Commerce, Industry and Services of Andorra, has reached the last two phases of the process which consist in personalized digital assessment and the implementation of services and digital solutions for each of the businesses that have started their modernization process. In order to access it a company must have completed the first phase of the PDE, consisting in filling out a self-diagnosis form to know the company´s degree of digital maturity. In these final two phases, business will receive [...]

The Government authorizes a total of 738 foreign investment companies in the course of 2021

2022-09-26T09:32:02+01:0019/09/2022|

The Government has informed that over the course of 2021 a total of 738 applications from companies for foreign investment were authorized in Andorra. A number which represents an increase of 128% when compared to the 324 foreign investment companies authorized in 2020 and an increase of around 138% compared to the 310 in 2019. The task of the Department for Juridical and Economic Registries of the Ministry for Presidency, Economy and Enterprise allows for the carrying out of the analysis of the total volume of foreign investment, as well as subsequent following up. A fact which is reaffirmed in [...]

More protection for the self-employed

2022-09-19T09:48:10+01:0002/09/2022|

The Minister for Presidency, Economy and Enterprise, Jordi Gallardo, and the Secretary of State for Economy, Èric Bartolomé, presented on Thursday, September 1st 2022, the Draft for the law of measures for self-employed workers. The amendment comes in answer to the sector´s repeated demands, asking to be assimilated to salaried workers in certain rights and obligations. “We want to highlight the Government´s firm engagement with this collective”, Gallardo affirmed. The minister pointed out that the number of self-employed workers contributing to CASS has increased by 14,7% from 2017 to 2021, reaching a number of around 8000 people according to CASS [...]

Naturland will once again host the Andorra Winter Triathlon with a predicted economic impact of 6 million Euros

2022-08-17T12:05:08+01:0011/08/2022|

The dates for the third edition of the Andorra Winter Triathlon have been confirmed: the 28th and 29th of January 2023. Following the success of the last edition, Andorra is preparing to host for the third consecutive time the Andorra Multisport Festival with four sports events of resistance and adventure, organized by The IRONMAN Group, taking place around the Principality. Once again, the festival will count on the support offered by various collaborating entities and sponsors who continue to value this event, which in its last edition gathered 3000 participants and over 10000 accompanying supporters. Generating an overall economic impact [...]

Fitch Ratings agency improves Andorra´s grade and for the first time rates the country at A- with a stable perspective

2022-07-13T09:07:57+01:0011/07/2022|

Fitch Ratings Agency published Andorra´s rating on Friday night and gave it a rating of A- with a stable perspective. It is the highest rating obtained by the Principality since Fitch Ratings began its evaluations in 2015. In the previous evaluation carried out, in January 2022, the grade given was BBB+ and, now, for the first time in Andorra´s history the grade obtained is an A- given by the agency. In the report, the evaluators recognize the resilience of the country´s public finances in the face of the current global alterations and the strong economic recovery from the SARS-CoV-2 coronavirus [...]

The Andorra Multisport Festival by the Ironman Group ends with a higher number of female and international participants

2022-07-13T11:49:40+01:0004/07/2022|

Andorra enjoyed a very intense ten days during the celebration of the second edition of the Andorra Multisport Festival, bringing high level competitions to the Principality in road cycling, mountain biking, trail-running and triathlon. The festival, which has rapidly become one of the most important in its field, stood out for the general increase in the number of participants, who came away with unbeatable impressions of Andorra´s landscapes and the activities carried out. The regional director for The IRONMAN Group in Andorra, Spain, Italy and Portugal, Agustí Pérez, stated that “the IRONMAN 70.3 Andorra marks the end of the most special [...]

The government approves the modification to the law of foreign investment

2022-07-15T08:47:41+01:0030/06/2022|

The Council of Ministers, by proposal of the head of Presidency, Economy and Enterprise, Jordi Gallardo, approved on Wednesday the bill to modify the foreign investment law, which dates back to 2012: “the process of opening to foreign investment, culminated by the law and the legislation reforms to instore a fiscal system in harmony with international standards, has become essential in placing the Principality as a destination of interest to foreign investors”. For this reason, and seeing the tendency of developed economies in this context to increase the role of governments in the revising and controlling of foreign investments, the [...]

Government promotion of company digitalization through consulting, subventions and endorsements

2022-07-18T08:55:01+01:0027/06/2022|

The State Secretaries for Digital Transition and Strategic Projects, César Marquina, Economic Diversification and Innovation, Marc Galabert, and International Financial Affairs, Marc Ballestà, presented on Monday the Company Digitalization Program (PDE), which was approved by the Council of Ministers, via Decree, last Wednesday. The aim of this Program is to promote the digitalization of Andorran companies through consultancies, subventions and endorsements. The decree anticipates a total of 287 thousand Euros for direct subventions and 1,7 million Euros intended as loans to execute digitalization projects. The State Secretary for Digital Transition and Strategic Projects, César Marquina, explained that the CDP aims [...]

You can now register for the Andorra Business 2022 company subventions

2022-11-29T11:15:43+01:0013/06/2022|

Andorra Business assigns 190.000 euros for the 2022 subventions for small and medium sized businesses, as presented on Monday June 13th by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, alongside the entity´s director, Judit Hidalgo. The maximum amount to be awarded is of 6000 Euros per beneficiary. Gallardo explained that “the program´s aim is to give support to Andorran companies in their transformation towards added value, innovative and competitive companies, well positioned to face the challenges and take advantage of the opportunities offered by international markets. This year´s subventions are mainly focused on [...]

A cervical airbag for cyclists created by EVIX wins the second edition of the Andorra Sports Startup Challenge

2022-11-16T17:03:40+01:0001/06/2022|

The jury of the Andorra Sports Startups Challenge has named a project for cervical airbags integrated into helmets, devised by Evix, as the winner of the second edition of the competition for startups promoted by Andorra Business, Andorra Research+Innovation and the Global Sports Innovation Center powered by Microsoft (GSIC). On this occasion, over 50 inscriptions from 19 different countries took part, and proposals of an extremely high level were presented with the aim of identifying the most promising technological solutions that can help in improving user experience and loyalty so as to deseasonalize Andorra´s sports and tourism offer. The jury [...]

The Andorra Multisport Festival consolidates itself in the Principality with a higher impact and international presence

2022-06-07T13:29:21+01:0030/05/2022|

Andorra is gearing up to host the second edition of the Andorra Multisport Festival, organized by The IRONMAN Group, kicking off on June 23rd and running to the 3rd of July. A resistance sport and adventure event that holds the full support of the Andorran Government and is sponsored by Andbank and SeafrontCapital. For the 2022 edition, the participation of over 3000 sports enthusiasts is expected (70% newcomers compared to last year´s edition) from 30 different countries, along with 6000 of the racers´ companions. All things considered it will generate an economic impact of over 6 million euros for Andorra. [...]

ACCIÓ and Andorra Business sign an agreement to enhance business growth in both territories

2022-06-09T12:02:14+01:0020/05/2022|

The Generalitat de Catalunya and Andorra Business, on Monday, for the first time ever signed an agreement to enhance company competitivity in both territories. The collaboration agreement was signed by the Enterprise and Labor Councilor, Roger Torrent, the Minister for Presidency, Economy and Enterprise of Andorra, and president of Andorra Business, Jordi Gallardo. The agreement contemplates various plans of action to take advantage of synergies between ACCIÓ -the agency for business competitivity of the Department of Enterprise and Labor - and Andorra Business, the economic promotion agency from the Principality. Therefore, both administrations have established a collaborative framework to foster [...]

The Growth program for business development by Andorra Business launches its third edition

2024-07-23T13:08:53+01:0005/05/2022|

Andorra Business announced on Friday the start of the third edition of the Growth program for business development. Up to 15 companies from Andorra will be able to benefit from this initiative which includes over 70 hours of specialized formation given by professionals from the business world, a tailormade growth program with 40 hours of individual mentoring in work areas such as digital and traditional marketing, commercialization and International sales, finance, strategy, organization and leadership. It also offers over 21 hours of group formation in the same specialties and 4 hours of special sessions. The director of Andorra Business, Judit Hidalgo, [...]

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