Cementos Molins relocates registered address to Madrid

Spanish cement producer Cementos Molins is moving its registered address from the town of Sant Vicenc del Horts in Catalonia to Madrid.

Sources close to the step have said the reason for the move is the legal uncertainty in Catalonia. While the company’s plant will remain in Sant Vicenc del Horts, the publicly-traded copany and the group’s holding through which it channels its foreign investments will take up residence in Madrid.

The company plans to invest EUR350m to expand its production around the world.