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1,200 firms move headquarters out of Catalonia

Nearly 1,200 companies of all sizes have shifted their legal headquarters out of Catalonia to other parts of Spain since the region held a banned independence referendum, Spain’s commercial registrar said Friday.

Spain’s Gas Natural moves headquarters out of Catalonia

Spanish utility company Gas Natural said Friday it will move its legal headquarters from Barcelona to Madrid, the latest firm to leave Catalonia after the regional leaders threatened to declare independence.

Catalonia, one of Spain’s economic heavyweights

Catalonia, whose leaders are pushing for secession from Spain, is one of the powerhouses of the Spanish economy, buoyed by industry, research and tourism but burdened with a heavy debt.

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