The magazine Economía3 has recently published a ranking of the 1000 oldest companies in Spain with a turnover of more than 2 million euros. Thus highlighting their resilience to an environment in a permanent state of change and full of uncertainty and challenges.
In this article, they state that around 20% of the companies that are set up in our country have a life expectancy of less than 1 year, according to data from the National Statistics Institute (INE). If we extend the life cycle to five years, only 45% survive. Therefore, longevity becomes a coveted quality for any start-up company. This is a determining factor that is closely linked to the much-desired business success.
LIASA, LA INDUSTRIAL ALGODONERA, is placed in the 116th position of the 1000 companies that appear in this article and belongs to the 9.7% that have a trajectory between 100 and 125 years. Founded in 1918, in La Selva del Camp, Tarragona, LIASA, LA INDUSTRIAL ALGODONERA, is managed by the fourth generation of the Cabré family, and is a reference among the main international manufacturers of ribbons and cords.
After 105 years, and after a tough period of crisis and world pandemic, the industrial company has successfully adapted to the economic and social changes in our country, even increasing its turnover.
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About Economia3 magazine
Economía magazine was founded in 1991 in Valencia, Spain. Its main purpose is to promote reflection and knowledge in economic, business and financial matters, for businessmen, managers, executives, professionals and entrepreneurs, through the dissemination of contrasted and useful information content, through any information channel. In 2013, Economía 3 joined the digital world, making the two formats coexist: current economic information through the web and economic and financial information analysis in its monthly paper magazine.
