The Madrid Region Highlights the Strength of Its Industry, Which Grows by +2.9% Compared to a Decline in the Spanish Average

The Regional Minister of Economy, Finance, and Employment of the Madrid Region, Rocío Albert, has highlighted a 2.9% increase in her region’s industrial turnover last year, in clear contrast to the 0.5% decline recorded at the national level

Albert met today with representatives of Finanzauto, an official industrial machinery distributor with almost a century of history and headquartered in Arganda del Rey, where it employs more than 1,035 workers.

The Minister of Economy highlighted that this growth reflects the strength of Madrid’s industrial fabric, as it is the second region in the EU in terms of high-tech employment, with more than 304,000 professionals, and whose companies reached a turnover of 95.501 billion euros in 2023, accounting for 31.5% of the national total. The regional minister also learned first-hand about Finanzauto’s initiatives in the Community of Madrid, such as the future Operators’ School, the CYCLICA circular economy platform, and the Engine Machining and Rebuilding Center. These projects extend the lifecycle of equipment and reinforce a more innovative production model.

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