Moventia appoints a new president and will double its turnover in just three years.

BarcelonaOn January 1 of that year, Moventia appointed a new president, replacing Miquel Martí with his brother, Josep Maria. The family business explained to ARA its challenges for the coming years, with a milestone it could achieve by 2025: doubling its turnover in just three years.

Indeed, in 2022, Moventia had a turnover of €700 million and expects to exceed €1.4 billion this year. According to the company's new president, this turnover will come primarily from Movento (the car dealership business), reaching €1 billion in sales, and to a lesser extent from Moventis (the public transport branch), which is expected to reach €400 million.

The enormous jump in turnover from 2022 to the present (this 2024 turnover has already been around 1.1 billion) is partly due to the acquisitions made by the Catalan family company in the Balearic Islands (with the acquisition of Grupo Roxa) and Madrid (with that of Grupo Gil), both of which acquired a majority stake.

In conversation with this newspaper, Josep Maria Martí, 63, explains that the company aims to help increase public transport by 50%, in line with the boom of recent years. The manager, a civil engineer by training, recalls that there are 8.5 million people in Catalonia and that between 2014 and 2024, journeys increased by 50%. "Without mobility, there is no economy," he explains, in a message addressed to Moventia as well as to the rest of the companies in the sector and public administrations.

Presence abroad

The company currently has projects in Ireland, France, Saudi Arabia, and Portugal, but concentrates 60% of its activity in Catalonia. Moventia has 7,400 employees and implements a good governance protocol regarding the presence of family members in management. For now, the Moventis subsidiary is led by Moventia's own president, while Movento has a representative of the next generation of the family, Miquel Martí Pierre.

Looking to the future, the president of the family company expresses concern in two areas: the difficulty in finding job profiles in the trade world (in the case of Moventia, they are specifically looking for mechanics and drivers) and the recent increase in absenteeism, especially in the wake of the pandemic. However, Martí explains that the expectation of salary increases could lead to an increase in labor conflicts and jeopardize the profitability of companies.