Business
Madrid is a major European capital, and has the facilities and
infrastructure to match. Although it is possible to identify certain financial
and business districts, companies may locate their offices in virtually
any area of the city.
All the major Spanish companies are represented in
Madrid, either with company headquarters, are at least a regional office
if the headquarters are located elsewhere.
The city enjoys important
congress centres, trade fair facilities, financial districts and
exhibition sites.
The city has two important congress centres. The
Palacio Municipal de Congresos is located in the IFEMA trade fair area,
and has 30,000 square metres of space for meetings, exhibitions and
congresses.
The similarly named Palacio de Congresos (Congress Palace)
comprises 40,000 square metres of space and is located on the corner of
Avenida General Peron and the Paseo de la Castellana.
In 2011, this congress
centre will be transferred to a building currently being constructed in
the
Cuatro Torres Business Area, called the Centro Internacional de Convenciones de la Ciudad de Madrid,
and which will have over 70,000 square metres of space.
Madrid stages
many international trade fairs and exhibitions throughout the year, and
the IFEMA trade fair facilities
hold virtually all the most important.
AZCA, near the
Picasso
Tower, can probably be considered the most important of Madrid's
financial districts, although Madrid's Stock Exchange (La Bolsa de
Madrid) and the Bank of Spain, are both located more centrally, near
Cibeles Square
and the
Retiro
Park.
