Unicaja-backed study shows family firms account for 60% of large Andalusian companies
Bitget2026/09/23 15:57- Unicaja-backed study found family-owned firms account for 92.3% of Andalusian companies, generating 78.4% of corporate jobs.
- Family businesses contribute 77.4% of regional gross value added, reinforcing their central role in Andalusia’s economy.
- Analysis estimated nearly 230,000 family firms in the region, representing 16% of Spain’s business base.
- Among companies with more than 250 employees, 60% retain family ownership, challenging assumptions they are mainly small enterprises.
- Report cited higher profitability, lower leverage, stronger balance sheets, and better survival rates versus non-family peers.
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