economy and politics

Molins returns its headquarters to Catalonia seven years later, the first listed company to make this move

Molins returns its headquarters to Catalonia seven years later, the first listed company to make this move

BARCELONA, 3 ()

The board of directors of the cement and construction solutions company Molins approved this Tuesday to return its headquarters to Catalonia after locating it in Madrid in 2017, during the independence process and after 1-O.

In a statement sent to the National Securities Market Commission (CNMV), it has detailed the new registered office will be at its plant in Sant Vicenç dels Horts (Barcelona), on the N-340 road.

Company sources have explained to Europa Press that “it was a unanimous decision of the board taken with the best interest of the company in mind.”

In this way, Molins is the first listed company to return its headquarters to Catalonia, following the decision of the majority of companies listed on the markets to locate it in other autonomous communities between 2017 and 2018.

SINCE OCTOBER 2017

The board of directors announced in October 2017 that it was moving its registered office from Sant Vicenç dels Horts (Barcelona) to Madrid due to the uncertainty generated by the independence process.

In a statement, the company justified it to safeguard the group’s interests and maintain normality in its operations, given the “current political and social situation in Catalonia and due to the legal uncertainty that this causes.”

Molins then reaffirmed its commitment to maintaining its activity and also its headquarters in the group’s industrial companies located in Catalonia, that is, Cementos Molins Industrial, Promsa and Propamsa.

ILLA: “LARGE COMPANIES” RETURN

The president of the Generalitat, Salvador Illa, celebrated this Tuesday that “large companies are returning to Catalonia” and has literally assured that he will work to make Catalonia the economic engine of Spain and Europe.

“We can open a stage of progress if we do the job well. Good government, political stability and legal security to generate prosperity and employment,” he added in X.

The president of Foment del Treball, Josep Sánchez Llibre, has congratulated the directors for the decision and has said that, since he has presided over the employers’ association, he has said that many relevant companies were going to return: “This is a first step, which we hope will don’t be the last.”

FEATURED COMPANIES THAT HAVE RETURNED

Already in September 2018, the board of directors of the Sociedad General de Aguas de Barcelona (SGAB) announced that it was once again locating its headquarters in Barcelona: “Economic stability has led the board of directors of Agbar to decide to adopt this measure,” he said in a statement.

It had decided to temporarily move its headquarters to Madrid on October 7, 2017, after October 1, to “preserve the legal security of investors and the protection of the interests of its workers, clients and suppliers.”

Red Points, dedicated to combating online piracy, approved in June 2023 that its headquarters would return to Catalonia after six years in Pamplona, ​​as was learned in November of that year.

Laboratorios Ordesa also announced in October of this year its return to Barcelona (in the Torre Ponent) after moving to Huesca, its place of origin, in 2018.

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