GVC Gaesco moves headquarters to Madrid

The securities and asset management company GVC Gaesco has been the latest company to announce it is moving headquarters out of Catalonia, in particular, to 3 Marqués de Villamagna in Madrid.

In a statement released on 9 October, the company said its managing board had already made the decision last September after having completed an integration process with Bekafinance (former Bankia Bolsa), in order to guarantee the interests of its clients, while ensuring the entity remains operating in a stable framework.

It added the transfer would not entail the movement of its employees nor will affect the development of its business.

The announcement follows the path traced out by Caixabank, Banco Sabadell, Gas Natural Fenosa, Mediolanum or Naturhouse which are some of the companies that have announced they are moving headquarters out of Catalonia in order to guarantee continued access to the rest of Spain and the European Union in the face of a hypothetical secession.

 

 

ABOUT THE AUTHOR
Eugenia Jimenez
Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as assisting with coverage of Italy. She holds a UK NCTJ- accredited Multimedia News Reporting course and studied Journalism at the University of Sevilla. She has worked for local media organisations in Sevilla and Málaga, mainly in broadcasting as a news reporter, among other roles. She has also worked for a local newspaper in Sevilla, reporting on current affairs, local government and culture.

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