Molins, first company to return to Catalonia after leaving in wake of independence referendum
Cement company agrees to relocate its corporate headquarters to Sant Vicenç dels Horts
Cement company Molins has returned its corporate headquarters to Catalonia after relocating to Madrid in 2017 in the wake of the independence referendum and political instability in Catalonia.
The company announced the decision to the National Securities Market Commission (CNMV), specifying that starting this Tuesday, its company will be domiciled in Sant Vicenç dels Horts, in the county of Baix Llobregat.
Molins' board of directors unanimously approved the decision, marking the company’s return to Catalonia after seven years in the Spanish capital.
On October 20, 2017, the company decided to move its headquarters due to the “uncertainty” caused by the political and social situation in Catalonia in anticipation of a possible declaration of independence after the October 1 referendum, which had been deemed illegal by the courts.
At that time of relocating to Madrid, the board explained that the decision was made to "safeguard the interests of the company, which has a strong international presence, and ensure normal operations." However, the company reaffirmed its commitment to maintaining its activities at its facilities in Catalonia.