La family business it is one of the most important foundations of a prosperous society. Relationship of the Family businesses most important in Spain and a brief review of them.
ybarraEmilio de Ybarra was a Spanish lawyer and economist born in 1936 in Guipúzcoa. He graduated in Law and Economics from the Universities of Valladolid and Deusto, respectively. Later he began to work in the Orconera mining company. At the age of 28 (1964) he joined Banco Bilbao and a year later he was appointed deputy director of the branch. Three years later he is already deputy general manager. In 1971 he is appointed director of the bank and CEO of the Bancobao Industrial Corporation. In 1986 he was appointed vice president of the entity by the board of directors of Banco de Bilbao.In 1987 he was one of the negotiators of the attempted merger of Banco Bilbao with Banesto. In addition to actively participating in the merger with Banco Vizcaya. In 1988 Ybarra is elected Vice President of the new bank (BBV). In 1990 he was proposed as president at the end of the merger period between the two banks. Upon reaching the position, the entity experienced great growth abroad, reaching first place in the classification of Spanish banks. The BBV was a sponsor of events as important as the Universal Exhibition in Seville (1992) and became a shareholder in companies such as Repsol, Telefónica and Iberdrola. He also made multiple investments in Latin America. In the last years of the decade, Ybarra led the merger of BBV with Argentaria. The resulting Bank BBVA became the second largest operator in the sector in the country, only surpassed by BSCH (Banco Santander Central Hispano). Ybarra was elected co-president of the new bank (along with Francisco González) until, on December 18, 2001, he tendered his resignation. He maintained his positions as co-president of the BBVA Foundation and vice-president of Repsol. In the first months of 2002, after learning of his alleged involvement in the scandal involving the BBV's secret accounts in Jersey, he resigned from all positions related to the entity.View source Date: 04-11-2021 Tags: Financial services. |
Related contentCoca The great spider web. The secrets of power in Catalonia Fernandez Lopez Hernandez Callejas quijano |
Back
You may also like: Legal Dictionary - Safe investment.
Summarized alphabetical list of the main surnames in Spain related to the family business, the sector and the province of origin or implantation. Some companies that these families founded are no longer active or have been sold to multinationals.
Family | Sector | Province |
Aguirre, Ear | Civil Engineering | MADRID |
Alvarez | retail trade | MADRID |
Antolin | vehicle manufacturing | BURGOS |
Antonio Asensio Pizarro | Publishing | BARCELONA |
areces | retail trade | MADRID |
Aresti Ortiz | Paper | BISCAY |
Aresti, Churruca, Marquina | Trash | BISCAY |
Aznar | common metals | BISCAY |
ballve | Food | MADRID |
Barceló | Accommodation | BALEARICS |
benzoin; aza; abaurre | Construction, Mineral Extraction | SEVILLE, MADRID |
Bank | Logistics | BISCAY |
Bertran | Civil Engineering | BARCELONA |
Bosch | Clothing and Knitwear | BARCELONA |
Booty-Sanz | Financial Services | CANTABRIA |
Booty, Munoz | common metals | CANTABRIA |
carasso | Food | BARCELONA |
Carbon; Botet; Elijah | retail trade | BARCELONA |
carula | Food | BARCELONA |
Doe, Goizueta | common metals | MADRID |
Coca | Financial Services | SALAMANCA |
Comas | Beverages | MADRID |
Commas and White | Food | MADRID |
Cordoba, Gomendio | Civil Engineering | MADRID |
Costafreda; Rivera | Food | BARCELONA |
Cros | Chemical products | BARCELONA |
Dam | Food, Drinks | BARCELONA |
Daurella | Food, Drinks | BARCELONA, MADRID |
Dexeus | Medical services | BARCELONA |
Delso; gummies | special construction | MADRID |
Echevarria | common metals | BISCAY |
Entrecanales ; Tavora | Civil Engineering | MADRID |
run away | Accommodation | BALEARICS |
Wake | retail trade | BARCELONA |
fabrics | Textile | BARCELONA |
Fernandez | retail trade | MADRID |
Fernandez Lopez | Food, Land transport | PONTEVEDRA, MADRID |
Ferrer; Living room | Beverages | BARCELONA |
Ferro; Fortune | Food | BARCELONA |
Iron-Vine | Financial Services | MADRID |
Figaredo, Garcia, Tartiere | common metals | ASTURIAS |
fluxá | Accommodation | BALEARICS |
franc | Games | MADRID |
Gandarias | common metals | BISCAY |
Gonzalez Byass | Beverages | CADIZ |
good | Security | MADRID |
Heredia, Pidal | Coal | ASTURIAS |
Hernandez Callejas | Food | MADRID |
Hidalgo | logistics and travel | BALEARICS |
lao | Recreational activities | BARCELONA |
Lara | Publishing | BARCELONA |
The worst | rubber and plastic | MADRID |
called | Civil Engineering | MADRID |
Llucia | retail trade | Teruel |
Lush | Food | MADRID |
Mahou | Beverages | MADRID |
March | Financial services and others | MADRID, BALEARIC ISLANDS |
March | Minerals | MADRID |
March (and others) | Water transportation, Financial services | MADRID |
Matute Benito del Valle | Wood | BISCAY |
Noguer-Sunol | Chemical products | BARCELONA |
Ortega | Textile and clothing | CORUNA |
Osborne | Food, Drinks | SEVILLE, CADIZ |
Paschal | Food | BURGOS |
Pidal, Riviere | common metals | ASTURIAS |
Polanco | Information and communication | MADRID |
Prieto | energy, gas | BISCAY |
Puig | Chemical products | BARCELONA |
quijano | common metals | CANTABRIA |
Rey | Construction | PONTEVEDRA |
Banks | Metals, Machinery and Vehicle Manufacturing | BISCAY |
riboud | Food | BARCELONA |
Rodrigo | Publishing | BARCELONA |
Rodríguez | Civil Engineering | MADRID |
Roig | retail trade | VALENCIA |
Reeds | Machinery | VALENCIA |
Rubiralta | rubber and plastic | BARCELONA |
Ruiz-Mateos | various sectors | MADRID |
Sanchez; Climbing | retail trade | MADRID |
Sarrio | Paper, Chemicals | NAVARRE |
Satrustegui | Coal | BARCELONA |
Mow | Leather | CASTELLON |
Sela Figaredo | Chemical products | ASTURIAS |
shekels | Chemical products | BARCELONA |
Soriano | Beverages | LLEIDA |
Torras Hostench | Chemical products | BARCELONA |
urquijo | Coal, Metals, Financial Services | BISCAY, MADRID |
Urquijo, Landecho | Aquatic transport | MADRID |
Urquijo; Figaredo; felgueros | Chemical products | MADRID |
Valls Taberner | Financial Services | MADRID |
Velasco | Metal | BISCAY |
Villar | Pharmaceuticals, Civil Engineering | MADRID |
ybarra | Financial Services | BISCAY |
Author Jesus Barrena | Articles - LinkedIn de Jesus Barrena - Twitter | |
Personal and family finance advisor. Investment advisor. Degree in law. Specialist in real estate investment. https://jesusbarrena.com/ |
Inheritance planning in the family business
To plan the inheritance of the family business, it is best to consult a trusted lawyer who is a specialist in inheritance and who also has experience in commercial law.
We have asked the Barcelona law firm, Oscáriz Abogados, what factors are the most relevant in this process and they have explained to us that there are three essential points to take into account in the inheritance planning in the family business:
- Define the family roles of all the people involved.
- Define what the business roles of family members are.
- Establish what is the desired succession planning.
Carrying out the generational transfer in a company is something inevitable but it must be approached as a strategic decision of the utmost importance. It must be designed with the necessary anticipation to avoid precipitation.
Monica Oscar It also reminds us that in a succession process it is important to clearly transmit business values, be sure that the heirs have an entrepreneurial spirit and set the company's goals so that there is a commitment to them.
Eleven Spanish family businesses among the 500 largest in the world.
According to the Family Business Index 2023, prepared by the consulting firm Ernst & Young and the University of St. Gallen, there are eleven Spanish family businesses among the 500 largest in the world, among them El Corte Inglés, Mercadona and Inditex are among the 120 best.
According to the report, large family businesses resist crisis situations better and even offer growth rates that double the average for all companies.
It seems that the "effect family business» It has an impact on the stability necessary to achieve a climate of innovation and adaptation to new environmental and cultural realities that allows them to obtain better results and growth than other types of companies.
The continuity in the management and transmission of property between generations of the same family also finds tax advantages in inheritance tax and wealth tax.