Bilbao, Spain’s most prominent commercial port is an economical, industrial, and financial centre of the Basque County. The city has earned its status for hosting the HQs of one of the largest banks in the country - BBVA and the branches of other renowned companies - Siemens, Accenture, Roche, Schneider Electric, CAF, etc. Bilbao may not be as big and important as Barcelona or Madrid, but its commercial premises are sought-after among a range of businesses. Pharmaceutics, ICT, trade, finance and insurance, engineering, biotechnologies are only a few of the numerous fields successfully functioning on the territory of the city. It is the international gateway to the Basque Country, also recognised for its influence in food and drink industries. Besides the well-developed economic ecosystem, the city boasts relatively high vacancy rates. Commercial premises available for rent in Bilbao can accommodate businesses of different types and sizes. The rental prices, by the way, are quite reasonable. It is possible to get a small business space in the city for about EUR200 per month, while the big properties are offered for over EUR4000, accordingly. The educational structure in the region is also diverse, so, employers won’t face problems with hiring talented people. Local authorities work hard to draw new investments to the city, create jobs and business opportunities.
