Automatically translated from Basque, translation may contain errors. More information here. Elhuyarren itzultzaile automatikoaren logoa

Family businesses... and capitalists

  • The Association of Family Enterprises of the Basque Country, composed of 66 companies, has a turnover of more than 13.9 billion euros. It employs over 148,000 people and has committed itself to creating an ecosystem, including the public sector, to boost its growth. The family business represents 84% of the productive fabric of the Basque economy.

The chairman of the Association of Family Enterprises, Andrés Sendagorta, also chairman of the important business group Sener, has stated that Basque family enterprises have been key to economic development for hundreds of years. In its view, the family business has actively contributed to the growth of economic activity and to the recovery of welfare and employment. At the annual assembly of the partnership held at the Iberdrola Tower in Bilbao, Sendagorta Bilbao stressed that private initiative is and will be "key" to laying the foundations for "a solid scenario and a sustainable future". And he has committed himself to the cooperation of the public and private sectors.

It is true that in the Basque Country there has been a great tradition of family businesses. It is true that many of them are going wrong. We must not forget, however, that the economic system in which they grew up was and continues to be capitalist. Thus, many families of Basque businessmen have accumulated great wealth and have always found their place on the boards of the big companies, especially in banks and electricity companies.

At a time when the economic situation has generated a serious crisis, those responsible for these family businesses have also called on public institutions. They are trying to socialise their losses with public money, privatising profits and wealth. Family businesses, yes, but also capitalists.


ASTEKARIA
2020ko abenduaren 06a
Most read
Using Matomo
#1
Gorka Peñagarikano Goikoetxea  |  Dani Blanco
#3
Gorka Bereziartua
#4
Gorka Peñagarikano Goikoetxea
Azoka
You are interested in the channel: Ekonomia
2025-04-28 | Amanda Verrone
The Human Right to the Earth: For Who We Are and Who Have Led Us
April 17 marks the 29th anniversary of the massacre of 21 landless workers in Eldorado do Carajás, Brazil. Since then, La Via Campesina commemorates the date as the International Day of Peasant Struggle, in honor of people who were murdered in cowardice for defending their... [+]

2025-04-28 | Gedar
They say no to rearmament and the military industry
Several PSOE headquarters and companies related to the arms industry have been identified, such as ITP Aero, Dassault and Lauak.

The Basque Arms Industry as a topic of discussion (II)
Sounds of war that want to blind us

In recent weeks and months, all kinds of political, economic and business organizations have been constantly raising the sounds of war. But what if the purpose of this buzzing noise was not to allow us to think clearly and the fear was to confuse our analysis? Let’s try to... [+]


2025-04-28 | Garazi Zabaleta
The Jungle Man
From the south of the Alps to Lower Navarre, with extensive and diversified livestock farming
In the region of Provence, the livestock project was launched in the south of the Alps by the Basque Lili Saint-Laurent and the Provencal Mathias Guibert just over ten years ago. “We planted with sheep, goats, cows, pigs and pottokas cultivating a diversified farm, but the... [+]

The analysis
We're all on the chain
On January 29, something that we are not accustomed to in today’s selfish world happened at the gates of the Guardian factory in Laudio. The management showed its intention to shut down the oven there, and to counter this, the workers blocked the door by means of banners. But... [+]

The Spanish government withdraws its purchase of Israeli bullets
The President of the Spanish Government, Pedro Sánchez, has ordered the cancellation of the bullet purchase made by the Spanish Ministry of the Interior with the Israeli company IMI Systems. The decision eases the risk of rupture in the government coalition between the PSOE and... [+]

A bicycle march in Bilbao to denounce the increase in military budgets
The bicycle march will start from Bilbao and pass in front of the companies ITP Aero in Barakaldo and Sener in Getxo, because these two companies "are in charge of military production", according to the organizers. It will be a protest to denounce the increase in arms spending... [+]

A Busy Day of Pastors, in Ordizia
This year around 1,500 sheep have crossed the Gran Vía, divided into five herds. The official presentation of the new season of Idiazabal Cheese has been held at the City Hall. The cheese has been cut by Julen Baze and Peli Pérez de Anuzita from Restaurante Garena.

The Spanish government has taken another step in militarization: Allocate 10,471 million euros more to Defensa
The expenditure that the Spanish Government will allocate to Defensa by the end of the year will represent 2% of the Gross Domestic Product: EUR 33,123 million. Sánchez points out that this decision is aimed at "guaranteeing the security of Spain" and "modernizing" the army's... [+]

The construction of the submarine electric cable Gatika-Cubnezais takes precedence over the citizens’ complaint
The collectives opposed to the macroproject lament that the works go "at high speed". The THT No de Landes has organized a conference for April 27 with several international experts on the oceans, including the American-Canadian whale activist Paul Watson.  

The importance of women in the world of work is reflected in the Museum of Fine Arts of Álava
35 works by artists from Alava have been created. Family and work at the exhibition in Vitoria. The choice has been made by excluding other situations and stereotypes in which women have often been painted throughout history, giving importance to those linked to the work. It... [+]

A popular vegetable plantation is organized to protect farmland in Mariena
The ELB, Lurzaindia and Ostia extend their call for the protection of the lands of Cambo (Lapurdi). On the 17th of May, a walk, an event and a popular plantation are organized."The present and future of the territory depends on our involvement," they say.

AEB-en muga-zergak
Inperialismoa da, ergela!

Bandera amerikanoz inguratuta, muga-zergen oldarraldi berria iragarri zion munduari Donald Trumpek apirilaren 2an. Geroztik hamaika astindu jasan dituzte burtsek eta nazioarteko merkataritzak. Baina hau ez da zoro baten boxeorako ringa bakarrik: AEBetako politikan hamarkada... [+]


Tariffs increase depression

Washington, D.C., June 17, 1930. The U.S. Congress passed the Tariff Act. It is also known as the Smoot-Hawley Act because it was promoted by Senator Reed Smoot and Representative Willis Hawley.

The law raised import tax limits for about 900 products by 40% to 60% in order to... [+]


Eguneraketa berriak daude