CAEB TO SUPPORT TBY IN ITS UPCOMING RESEARCH ON MALLORCA

Palma, 20 September, 2021—The Business Year's inaugural research on the Majorcan economy is well underway, with the upcoming Special Report: Mallorca now also boasting the support of the Confederation of Business Associations of the Balearic Islands (CAEB), the most representative business bloc in the region. CAEB and media and research firm The Business Year have signed an MoU to bring this partnership forward and collaborate on highlighting the island of Mallorca's business opportunities for the international investor community.

Carmen Planas, President of CAEB, and Ioana Popa, Regional Director of The Business Year, met to sign the agreement, with both sides expressing their enthusiasm to be working together. “CAEB is glad to have signed this agreement with The Business Year to utilize the company's expertise in promoting destinations for international investment. Mallorca's economy is quickly leaving the COVID-19 pandemic behind and starting to cement strong economic foundations for long term growth, which offers plenty of opportunities for international investors”, stated Carmen Planas. TBY's Ioana Popa mentioned: “Our first research project on Mallorca is being warmly welcomed by both public authorities and the private business community on the island. We are happy to be shedding light on how Mallorca's economy is recovering in a more sustainable and diversified way”. The Business Year's team for the Mallorca project has already gained insights from top figures from the island's business community, including José Hila, Mayor of Palma; Andreu Serra, President, Fundació Mallorca Turisme; Antoni Mercant Morató, President of the Chamber of Commerce of Mallorca; and Francisco Martorell Esteban, President of the Industrial Association of Mallorca (ASIMA).

The MoU was signed after taking into consideration TBY's experience as a global media group that has been providing investors, businesses, and governments with first-hand insights into the world's most dynamic markets and sectors for over a decade, and CAEB's position as the most representative entity of the business community in the Balearic Islands. The report will feature the words of a wide range of local business leaders through interviews, as well as additional statistical information and articles addressing the main projects and initiatives to bear in mind when considering investing in Mallorca.

Special Report: Mallorca will be distributed both domestically and globally, and will reach an even larger audience via TBY's powerful network of digital platforms. All interviews and content will be also available on the key business information platforms, including Bloomberg Terminal, Refinitiv Eikon, Dow Jones Factiva, and FactSet. It will also be available on PressReader, Google Books, and at www.thebusinessyear.com.

More info:

mallorca@thebusinessyear.com