Jesús Prieto, President&CEO at CT presents the ‘Annual Report of the Spanish Medium-sized Companies 2018’

17.01.19

Jesús Prieto, President&CEO at CT presents the ‘Annual Report of the Spanish Medium-sized Companies 2018’

During the presentation of the ‘Annual Report of the Spanish Medium-sized Companies’, developed by the Entrepreneurs Circle, Jesús Prieto highlighted the importance of supporting the medium-sized companies, "because the more they grow, the more they contribute to development and provide a more regular job offer".
From 2013 to 2018, the medium-sized Spanish companies have achieved a greater and better recovery than the large and small ones, exceeding by 11% the EU productivity average.

Jesús Prieto, President&CEO at CT and Spanish Medium Enterprise Project Director, has presented the `Annual Report of the Spanish Medium-sized Companies 2018´ together with the Circle of Entrepreneurs President, John de Zulueta, and Iñigo de Barrón, the Association of Economic Information Journalists (APIE) President. In addition to this study, developed in collaboration with the APIE, they have also presented the Top 50 ranking of the leading companies in productivity, operating margin and economic profitability.

This report, which already has six editions, aims to detect the companies’ growth drivers and their relation with the company size and with the productive specialization of the main countries analyzed. The last edition of this report has revealed very positive data from the economic recovery phase (2013-2018), which means that Spanish medium-sized companies are 11% more productive than their counterparts in the European Union.

In an interview for the Capital Intereconomía radio program, presented by Susana Criado, Jesús Prieto has corroborated these results while stressing the importance of supporting medium-sized companies, "since the more they grow, the more they contribute to development and provide a more regular job offer", expressing his concern regarding "the tax increase referred in the general state budgets that will severely affect the companies".

Moreover, he claims that "the Spanish medium-sized company situation is better than five years ago. During the economic crisis, 25% of the companies disappeared, a fact that did not occur in other countries", nevertheless the decreasing number of companies has not prevented them from overcoming the records of financial profitability prior to the crisis.

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