Family businesses represent 92.4% of the Spanish business fabric, exceeding 1.1 million companies and generating 70% of private employment, according to the XXIX National Congress of Family Business held in Madrid.
Family businesses sustain a significant part of the Spanish economy. They represent 92.4% of the business fabric, over 1.1 million companies, employ more than 10 million workers, nearly 70% of private employment, and contribute 57.8% of the gross added value of the private sector, according to data presented at the XXIX National Congress of Family Business, which took place last week in Madrid with over 700 attendees and the theme 'Centre of Gravity', as reported by diariopalentino.es.
Longevity is another of their traits: nearly three out of ten companies exceed 25 years of age and 29.3% have already faced at least one generational change. Their survival rate since 2015 stands at 77%, compared to 71% for non-family businesses.
The president of the Institute of Family Business, Eloi Planes, called for conditions to continue investing and generating employment.
"We need competitive taxation, legal security, a more agile administration, and stability in the rules of the game"
Business outlooks point towards caution. 61% of participating companies expect to increase their sales in 2027, but only 35% plan to expand their workforce, compared to 39% in 2025, while 14% consider reducing it, the highest percentage since 2020.
Among the main threats to competitiveness, attendees pointed out the lack of qualified professionals (69%), absenteeism (66%), and bureaucracy (62%).
In terms of innovation, 98% of these firms already use artificial intelligence and nearly a quarter develop specific agents for their production processes.
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