Indra presents the plan to boost its role in Catalonia. The defense and security company has staged its commitment to the territory with an event organized at the Barcelona Port's Tinglados. The group's new chairman, Àngel Simón, and its CEO, José Vicente de los Mozos, have explained their objectives in Catalonia: to generate 1,500 new jobs and increase their turnover to 550 million euros by 2027. The group currently employs 3,500 professionals and generates sales of 366 million with its 8 headquarters in the territory. Indra's major staging in Catalonia comes just after the arrival of Simón as non-executive chairman of Indra. The former CEO of Criteria inaugurates his public agenda with this Monday's session.

The Spanish defense and technology company Indra has begun trading on the stock market this Wednesday with an increase, hours after the departure from the shareholding of Escribano Mechanical & Engineering (EM&E) was announced, the company of brothers Ángel and Javier Escribano, who until Tuesday controlled 14.5% of the capital.

A 180-degree turn at the technology and defense company Indra. The Escribano brothers, Ángel Escribano (until recently, president of Indra) and Javier Escribano, have sold their stake in the Spanish defense company. Specifically, the two brothers controlled 14.3% of Indra's share capital through Advanced Engineering & Manufacturing, the company through which they also control their family business, Escribano Mechanical & Engineering (EM&E), as reported by the National Securities Market Commission (CNMV). The sale of Indra's share capital comes after Ángel Escribano's resignation as president of Indra this April, precisely as a result of a tug-of-war with the Spanish government (which controls 28% of Indra through SEPI) over the potential acquisition by Indra of his family business, EM&E. Since this April, the new president is the Catalan Àngel Simón, former CEO of CriteriaCaixa. The sale of 14.3% of the share capital also means leaving Indra's board of directors, where they until recently held two seats.

María Dolores de Cospedal, former PP politician, has been hired as a counselor for Naturhouse, the company controlled by Félix Revuelta, in a week that has also been marked by Àngel Simón, who is strengthening his position in the leadership of Indra, and Josep Oliu, who is leaving the board of directors of Puig as the Catalan fragrance and cosmetics company negotiates a possible integration with the US giant in the sector, Estée Lauder.

Indra, the Spanish technology and defense company in which the State holds 28% of the share capital, looks optimistically to the future. Like any company that engages, among other things, in the military industry, the war in the Middle East can provide a boost to its business, as Indra's CEO, José Vicente de los Mozos, acknowledged this Thursday, coinciding with the presentation of the first-quarter results of the year. "[The war in the Middle East] can only have a positive impact on results," De los Mozos said when analysts asked him about the impact of the armed conflict. The executive linked it, above all, to demands for anti-aircraft defense products – systems and weapons that allow detecting, intercepting, and even neutralizing aerial attacks.

Abrupt rudder blow for Indra on the Spanish stock market, which has become the most punished stock on the Ibex-35 this Friday in a session marked by widespread red, where the reference selective in Spain has fallen by 1.09% to 17,691.30 points. After weeks of calm and sustained growth due to contracts from the European Defence Fund, the technology and security company has experienced a day of panic that has caused its shares to fall by 8.59%, placing them at 47.68 euros.

The Supreme Court has denied the precautionary measure requested by Santa Bárbara to suspend two loans for special armament modernization programs (PEM) of 3,000 million euros to the temporary union of companies (UTE) formed by Indra Sistemas and Escribano Mechanical & Engineering (EM&M), as reported by the high court this Monday.

The Ministry of Defense has dismissed the appeal filed by the defense company Santa Bárbara Sistemas, a subsidiary of the North American General Dynamics, against the contracts for the new wheeled and tracked artillery for the Spanish army, which the government of Pedro Sánchez awarded to Indra and Escribano Mechanical & Engineering (EM&E) last year, as reported by the ministry. The artillery contracts amounted to 7.24 billion euros and were part of the Special Modernization Programs (PEM) that the government of Pedro Sánchez approved and awarded last year to increase military spending to 2% of GDP, as committed to NATO. In a statement, the ministry explains that it "agrees to the full dismissal of all claims filed" by Santa Bárbara.

Indra's staff learned this Wednesday who has been president for two weeks, Àngel Simón. Both the Catalan executive and the CEO, José Vicente de los Mozos, have summoned employees and explained the company's situation, where the top management has just experienced an earthquake with the departure of the then-leader, Ángel Escribano. The change of presidency, however, is not presented as a turnaround: "Now we are starting this new phase with Àngel Simón, who also supports the [company's] strategic plan," De los Mozos stated this Wednesday morning, during an appearance at a forum organized by El Español. In fact, he has taken on the executive functions as CEO, not Simón. The executive joined the company in 2023, under the mandate of Marc Murtra.

Andrés Villena (Elx, 1980) has spent years investigating business lobbies, family sagas, banks, and institutions to be able to x-ray the structure and functioning of the Spanish elite. The result is Las élites que dominan España,a book that was to be published by Planeta, which finally backed out, and has ended up being published by Libros del K.O. 

In an international scenario marked by geopolitical instability, the Spanish public administration has redirected its financial muscle towards sectors that guarantee strategic resilience. The latest report published by the Licitaciones.io platform on the 2025 fiscal year paints an undeniable reality: security and defense have become the priority of institutional investment. According to the analyzed data, the defense and aeronautics sector already represents 31.2% of the volume awarded to the ten main companies in the State.

Easter has arrived with a surprise. Although a change at the helm of the technology and defense company Indra was already expected after the resignation of Àngel Escribano as president, the appointment of Àngel Simón to replace him has made all the headlines. Simón's proposal was made by the Spanish government through the State Industrial Holdings Company (SEPI), its investment arm, which is Indra's largest shareholder with 28% of the share capital. the appointment of Àngel Simón to replace him has made all the headlines. Simón's proposal was made by the Spanish government through the State Industrial Holdings Company (SEPI), its investment arm, which is Indra's largest shareholder with 28% of the share capital.

Ángel Simón (Manresa, 1957) starred in April of last year in one of the most talked-about divorces on the Catalan and Spanish business scene, when he was dismissed as CEO of Criteria, the investment arm of La Caixa. A long relationship with the president of La Caixa and Criteria, Isidre Fainé, had been broken. And one of the sparks to end a term that lasted about 15 months was the dismissal of José María Álvarez-Pallete at the head of Telefónica –participated by Criteria–, in agreement with Moncloa by Simón and behind Fainé's back, according to various sources. For a year, Simón, an executive accustomed to dealing with the Spanish and Catalan socialist governments, had disappeared from the public scene. And now he reappears in the midst of a power struggle at Indra, a company destined to lead the defense business, with the State, through SEPI, as the main shareholder (28%).

A 180-degree turn at the technology and defense company Indra. Former La Caixa executive Ángel Simón has been appointed new president of Indra following the resignation of Ángel Escribano – a term that lasted just over a year – as the company informed the National Securities Market Commission (CNMV) early Thursday. Simón's nomination was made by the Spanish government through the State Industrial Holdings Company (SEPI), its investment arm, which is Indra's largest shareholder with 28% of the share capital.

Indra has once again avoided the political fray. The current chairman, Ángel Escribano, will remain at the helm of the company despite the recent tensions with the Spanish government, Indra's largest shareholder through SEPI. In fact, a plan B wasn't even discussed at Wednesday afternoon's board meeting, according to sources familiar with the process at the ARA (Spanish Association of Indra's Board of Directors). The company's highest governing body also refrained from questioning the continuity of CEO José Vicente de los Mozos, whose term expires in June. Sources familiar with the process explained to Europa Press that this item was not on the meeting's agenda either. This time, the controversy has been sparked by the potential merger—currently on hold—between Indra and the Escribano Group, also involved in defense, and the potential conflict of interest that could arise (the Escribano Group is not only an Indra shareholder with 14.3% of the share capital).

The Spanish government is maintaining its standoff with Indra's president, Ángel Escribano. The dispute between the company's two main shareholders—the State, through SEPI, with 28% of the capital, and the Escribano brothers, owners of Escribano Mechanical & Engineering (EM&E), with 14.3%—continues ahead of the ordinary board meeting scheduled for this Wednesday. This meeting will take place after the Escribanos attempted to stem the pressure from the Spanish government by shelving the proposed merger of Indra with their family company.

Indra's board of directors, in an extraordinary meeting, decided to postpone the planned merger with Escribano Mechanical & Engineering SL (EM&M). The decision was proposed by the chairman, Ángel Escribano, who also co-owns EM&M with his brother Javier. With this move, Escribano circumvents the demand from the State, Indra's largest shareholder through SEPI, which had called for his resignation should the integration project proceed. SEPI, the state-owned holding company that controls 28% of Indra's capital, considered this the only way to avoid a conflict of interest, even though measures had been taken to prevent the businessman from participating in the merger aimed at creating a major Spanish defense group. SEPI argued that a conflict of interest would arise if the integration went ahead and Indra acquired a company co-owned by its own chairman. The Escribano family, for their part, have opted to propose to the board of directors that the merger be halted and that Ángel Escribano remain as chairman of Indra. EM&M holds 14.3% of Indra's capital, Ángel Escribano is its chairman, and his brother is also a board member. In this context, the company's shares registered a significant drop, exceeding 16%. The session ended with a loss of more than 12%, down to €50, and a reduction in the company's value of approximately €1.3 billion. The session had already begun in the red after SEPI acknowledged on Wednesday night that a conflict of interest existed regarding the potential acquisition of EM&M. In a communication to the National Securities Market Commission (CNMV), the state-owned company stated that it had conveyed to Indra its "concern about the influence that the conflict of interest has on the analysis of this operation, despite the measures taken to mitigate it." He insisted that any conflict of interest between Indra and EM&E should be resolved before the transaction took place. For this reason, he requested that "this conflict of interest be resolved so that we can continue with the analysis of the transaction and make a decision that is as advantageous as possible for Indra."

The State Holding Company for Industrial Participations (SEPI), the state's investment arm, has acknowledged a conflict of interest at Indra, the state-owned technology and defense company, regarding the potential acquisition of Escribano Mechanical & Engineering SL (EM&M), a defense company owned by the family of Indra's chairman. In a statement to the National Securities Market Commission (CNMV), SEPI indicated that it "has conveyed to Indra its concern about the influence this conflict of interest has on the analysis of this transaction, despite the measures taken to mitigate it." In fact, SEPI asserts that any conflict of interest between Indra and EM&M should be resolved before the transaction takes place. For this reason, SEPI stated, it requested that "this conflict of interest be resolved so that the analysis of the transaction can continue and a decision can be made that is as advantageous as possible for Indra."

Indra shares led the stock market declines on Tuesday, falling by more than 8% and ending the session with a 4.19% loss at €57.10. Analysts attribute this negative performance to reports that the Spanish government, through SEPI, its main shareholder with over 25%, has requested the dismissal of the company's president, Ángel Escribano.

In such turbulent times as these, security has become a key factor in preserving the autonomy of states. In this context, Indra Group, a leading Spanish multinational in defense, space, air traffic, mobility, artificial intelligence (AI), cybersecurity, and advanced technologies—with nearly 4,000 professionals in Catalonia—attended the Mobile World Congress with IndraMind as its main attraction. This platform, conceived as the company's new technological "brain," underpins much of its progress in artificial intelligence and autonomous systems. Launched in late 2025 to address hybrid threats, Indra's new sovereign intelligence solution faces growing risks with a technological component. IndraMind can coordinate cameras, sensors, operating systems, cybersecurity, communications, alerts, and command centers in real time, providing a unified view so that institutions can make faster and more informed decisions. Indra Group is one of Europe's leading companies in defense and advanced digitalization, and IndraMind is reinforcing its contribution to security and connectivity, not only on land. This new superior cognitive intelligence has been designed to protect cities, infrastructure, and democracies, including from space. Hispasat, from Indra Space, thus takes on special relevance and also plays an essential role in balancing the geopolitical landscape and, therefore, in government communications, both in the civilian and defense sectors.