Galicia earned more than 3,800 million in first quarter fees thanks to the transfer of Stellantis from Aragon

Galicia earned more than 3,800 million euros in turnover thanks to transfer of company community in the first quarter of this year, according to data from Elaborate on change of address he announced inform D&Bin which they indicate that stellantis was the company that started that rise.

This way, The Galician community was the one that earned the most (3.861 million) thanks to these transfers, mostly due to the change of address of Stellantis (merger of FCA and PSA), which was previously located in Aragon.

That’s how Galicia had it positive balance of 25 companies due to address changes between January and March, ranked as the third best performing region, surpassed only by Madrid (+31) and Castilla-La Mancha (+26).

Specifically, the community is registered 31 exit companies and the arrival of another 56so the balance was positive for another 25 companies.

Madrid was the preferred destination for the majority of companies that left Galicia in those three months, with 42% of the cases. It is also the community where more companies come from, with 50%. 13% come from Catalonia.

Nationwide, a total of 1,544 businesses moved their headquarters to another community during the first quarter of 2013, 30% more than in the previous three months and the most since the second quarter of 2021.

“In the first quarter of 2023, the number of companies that decided to move their headquarters to another community increased by 30% compared to the last three months of 2022, remaining above 1,500. Since 2015, more than 1,500 transfers have been exceeded in just five quarters, the last in 2017 and the first two in 2018 and 2021 (coinciding with the crisis of the independence referendum),” noted Informa D&B studio director Nathalie Gianese.