Catalonia boasts 140 international tech hubs that generate €2.5b a year

More and more multinationals choose Barcelona to set up production centers

Parlem Telecom offices in Barcelona's 22@ district
Parlem Telecom offices in Barcelona's 22@ district / Aina Martí / Miquel Vera
Catalan News

Catalan News | @catalannews | Barcelona

February 14, 2024 05:54 PM

February 14, 2024 06:12 PM

Catalonia has reached a new record and now has 140 international technology hubs that generate an economic impact of €2.5 billion, an increase of 25% compared to 2022, according to the Tech Hubs Overview report. 

International technology hubs currently generate more than 26,000 jobs per year in Catalonia, and the goal is to reach 36,500 jobs by 2026, which would mean an economic impact of more than €3.6 billion per year. 

The sector that has grown the most in the last year is technology applied to health, thanks to increased public and private funding since the pandemic. New health hubs such as AstraZeneca, Towa and Oracle Health have moved or will soon move to Barcelona. 

76% of the hubs are located in the city of Barcelona and half of the companies are concentrated in District 22@, the most popular district for companies. 

Catalonia's business minister Roger Torrent said that these figures confirm that Catalonia is transforming its production model and becoming a "reference center" in Southern Europe in key areas. 

"Catalonia is increasingly becoming a global reference," he added.