News

Andorra Business wins the Jean Baptiste Say award in the international category of business excellence

2022-05-06T14:07:42+01:0027/04/2022|

Andorra Business won the 2022 Jean Baptiste Say award in the international category of business excellence. The award ceremony took place on Thursday April 28th in Sevilla and the prize was collected by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, and the director of Andorra Business, Judit Hidalgo. The Jean Baptiste Say Awards recognize excellence, business innovation and leadership with the aim of placing value on companies and entities as drivers of the economy as well as business schools, investment funds, accelerators and personalities within the executive field actively work from the private [...]

The IMF highlights a significant recovery of the Andorran economy in the face of the recession originated by the COVID-19 pandemic

2022-05-06T14:13:10+01:0008/04/2022|

The Minister of Finance and Government Spokesperson, Eric Jover, and the State Secretary of International Financial Affairs, Marc Ballestà, gave a press conference on Friday on the preliminary conclusions issued by the International Monetary Funds´ technical personnel after their visit to Andorra over the last week. This preliminary report of Article IV –which will be followed by a final report that could be published before summer– is carried out periodically to all members of the IMF and, in order to complete it, a delegation from the organism held 32 meetings with officials from the General Administration, para-public companies, as well [...]

The U.S. Consulate in Barcelona and Andorra Business announce 15 grants for women entrepreneurs in Andorra

2022-05-06T14:00:30+01:0030/03/2022|

The Consulate General of the USA in Barcelona in collaboration with Andorra Business announced the first edition of the free formation program for women entrepreneurs by the American government “Academy for Women Entrepreneurs” (AWE), which will take place between May and October in Andorra. The program will be developed in collaboration with the Andorran Women´s Association. The call is open to women entrepreneurs of any nationality, residing in Andorra, that have created a startup in the last 4 years or that have a well-developed idea and are about to launch. All the participants will be a part of the vast [...]

The conclusions regarding the Drive INML cross-border project point out that support services for companies need to be increased

2022-05-09T16:27:17+01:0028/03/2022|

The results of the European project DRIVE INML, 65% co-financed by the European Fund for Regional Development (FEDER) through the Interreg V-A Espanya-França-Andorra Program (POCTEFA 2014-2020) were published on Tuesday march 29th at the Bic Crescendo headquarters in Tarbes (France). According to the study carried out by the participating companies in the pilot project, the support services were satisfactory and of great usefulness and that work must continue to be done in this direction. The report also highlights that these new services have allowed the building of new internal procedures in each region to elaborate support services for companies. These [...]

Schedule modification for flights between the Andorra-La Seu d’Urgell airport and the one in Madrid

2022-03-07T14:54:48+01:0002/03/2022|

The Government has informed that from the 27th of March the flight schedules between the Andorra-La Seu d’Urgell airport and the airport Adolfo Suárez Madrid-Barajas will be modified. The new schedule modifies all departure times with the aim of maximizing the potential for weekend trips, whether they be to Madrid or Andorra, adapting to the times considered to be of highest potential demand by the operator during the summer season. In the same sense, schedules will be specifically adapted in the period running between the 22nd of July and the 4th of September in order to prioritize connectivity for longer [...]

The World Winter Triathlon Championships return to Sant Julià de Lòria with a higher number of participants

2022-02-08T12:11:18+01:0017/01/2022|

Naturland will host from the 3rd to the 6th of February, for the second consecutive year, the World Triathlon Winter Championships, and for the first time the World Duathlon Winter Championships. During the official presentation that took place on Monday afternoon at the Centre Cultural i de Congressos Lauredià, the Organization announced that they expect the arrival of over 250 athletes from 14 countries, for a race where the discipline´s best athletes will complete to win world titles in the elite, Under-23, junior and para-athletes categories. In this sense, the Minister for Presidency, Economy and Enterprise for the Government of [...]

Fitch Ratings and Standard & Poor’s agencies improve Andorra´s perspective from stable to positive

2022-02-08T12:16:35+01:0014/01/2022|

Rating agencies Standard & Poor’s and Fitch Ratings have revised their perspectives on the Principality of Andorra from stable to positive. Both agencies respectively published a note on Friday evening in which they both recognize the resilience of Andorra´s public finances and the strong economic recovery in face of the crisis caused by the SARS-CoV-2 coronavirus pandemic. The Ministry of Finance highlighted that these two evaluations support the work carried out by the Government in different fields: the management of COVID-19 both from a Health and Economic support policies provided for companies and citizens standpoint; and a budget and public [...]

The agreement avoiding double imposition (CDI) between Andorra and San Marino enters into effect

2022-02-08T12:19:26+01:0004/01/2022|

The Government has informed that with the start of the new year 2022 and from January 1st the agreement between the Government of the Principality of Andorra and the Government of the Republic of San Marino has entered into effect, thus avoiding double imposition and preventing tax evasion and fraud (CDI) in terms of revenue tax. Prior to this, on December 31st, Andorra notified their Sammarinese counterparts the compliance with procedures established in their internal legislation necessary for the entrance into effect, through the deposit of ratification of said agreement. The CDI with San Marino, signed by the Minister of [...]

MoraBanc sponsors the first e-Sports act in the country promoted by Andorra Business

2022-02-17T09:41:40+01:0022/11/2021|

MoraBanc and Andorra Business have signed a collaboration agreement through which the banking entity will become the sponsor of the upcoming GES-X Andorra. The is the first e-sports event in Andorra within the national strategic plan to develop this sector in the country, create growth opportunities and is organized in conjunction with the Global Esports Summit (GES). The event will be held on the 26th of November at the Les Fontetes theater in La Massana. Marta Riera, head of Business at MoraBanc highlighted that “e-sports are already a reality and can open to many opportunities. This is a good example [...]

Check-in simulation and security controls at the Andorra-La Seu airport prior to starting regular flights

2022-03-02T11:41:26+01:0018/11/2021|

The government informed that a dry run with passengers has been carried out at the Andorra-La Seu airport prior to the start of regular flight operations. These are the so-called load tests, which serve to ensure that the designed circuit from the arrival of passengers at the airport to the boarding of the plane function correctly. Around thirty people took part in the simulation in the role of passengers. Therefore, they had to carry out the entire check-in process with luggage– hand or checked–, issuance and collecting of passes and go through security controls. Besides these passengers, participants included check-in [...]

Overview of the first eSports event in the Principality organized by Andorra Business and the GES

2022-02-17T09:46:59+01:0018/11/2021|

Next Friday 26th of November, at the Les Fontetes theatre in La Massana, the GES X Andorra will take place, the first in person professional eSports event in the Principality where strategic, management and implementation aspects will be discussed and there will also be a leisure activity part. The doors will open at 10 A.M. when the Minister for Presidency, Economy and Enterprise, Jordi Gallardo, and the director of Global Esports Summit, Antonio Lacasa, will welcome attendees. After which a roundtable will commence “How to build an eSports friendly country”, moderated by the director of Andorra Business, Judit Hidalgo and participants [...]

Trail 100 Andorra has been confirmed as one of the UTMB® World Series events

2021-11-04T15:48:41+01:0004/11/2021|

UTMB® World Series today confirmed the newest seven world-class events in Hong Kong, Andorra, Mexico, Italy, France, and the USA that will join the inaugural circuit in 2022, including a mix of established and brand-new races. The announcement is the first of many over the coming months that will see around 30 of the world’s leading international trail running events confirmed for the ultimate trail running series. Trail 100 Andorra becomes part of this selection of premium events meaning an opportunity for runners to immerse in the UTMB® experience in Andorra. The UTMB® World Series is the world’s leading trail [...]

The start of flights to Madrid was the focal point of meetings between Gallardo and the Economic Council for the Community of Madrid, with representatives from over 40 companies and main financial journalists

2022-03-07T14:39:47+01:0026/10/2021|

The Minister for Presidency, Economy and Enterprise, Jordi Gallardo, met this midday with the Economic, Tax and Labour Councillor for the Community of Madrid, Javier Fernández Lasketty. During the Meeting various topics of bilateral interest were touched upon such as the starting of flights between the Andorra-la Seu d’Urgell airport and Madrid, that will have regular flights on Fridays and Sundays beginning on December 17th. Gallardo highlighted that “it was a good opportunity to share the moment of economic diversification Andorra is undergoing and the challenges we have set ourselves as a Government. The air connection we are establishing brings [...]

Andorra Business presents new investment opportunities in Andorra to businessmen, consultants and journalists from Madrid

2022-03-07T14:42:50+01:0026/10/2021|

Andorra Business is hosting in Madrid today, various work sessions to promote Andorra as an investment and business destination with representatives from the main Spanish consultancy agencies, law firms, financial journalists and tech companies. The Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, announced the start of the air connection between the Andorra-La Seu airport and Madrid beginning on December 17th, and elaborated on various strategic projects being carried out by the Government of Andorra such as the creation of a free zone, the developing of the e-Sports sector, regulation to promote digital economy and [...]

Flights between the Andorra-La Seu d’Urgell airport and Madrid start on December 17th

2022-03-07T14:44:38+01:0020/10/2021|

The Government of Andorra adjudicated on Wednesday October 20th, the public tender for the launching of new routes from the Andorra-La Seu d’Urgell airport to Madrid, to the company Air Nostrum (Iberia)which will begin to operate on the 17th of December. The sum budgeted by the administration is for a maximum amount of 630.000 euros, which will be reduced depending on the route´s real number of passengers. According to the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, the first return flights will be every Friday and Sunday in the afternoons, and on exceptional dates [...]

Not an empty seat at The Andorra Sports Innovation Summit to listen to the sector´s experts

2021-10-21T16:37:06+01:0018/10/2021|

The Andorra Sports Innovation Summit, organized by per Andorra Business, Andorra Research + Innovation and the Global Sports Innovation Center powered by Microsoft (GSIC), with the support of SPSG Consulting, was at full capacity at the auditorium in Ordino for the event centered around experts in sport and innovation. The conference, within the framework of the global agreement between GSIC and Andorra to position the country as an international reference in the industry of sport and innovation, hosted representatives from some of the sector´s international entities such as Microsoft, the International Ski Federation, the Vuelta, the Tour de France, mountain [...]

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