XesGalicia closes 2022 with positive results and increasing its activity

Tuesday, July 11, 2023 - 12:15

In 2022 Xesgalicia approved 10 new investment projects, in sectors such as biotechnology, new mobility or aerospace, achieving a committed investment volume of over 16 million euros.

During 2022 Xesgalicia approved 10 new investment projects, in sectors such as biotechnology, new mobility or aerospace, achieving a committed investment volume of over 16 million euros.The evolution of the year was determined by the impacts arising from the war conflict in Ukraine, the increase in energy prices and, in general, by the high inflation. Despite these factors, and the persistence of the high uncertainty, XesGalicia maintains a strong and solvent equity position, achieving a positive result close to 700 thousand euros during the financial year 2022.During 2023, XesGalicia will maintain its investment strategies, focused on strengthening the equity of the invested companies, as well as on financing innovation and Galician business entrepreneurship.

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