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Ibiza Commerce

It probably won't come as any surprise to learn that in Ibiza tourism is the biggest sector

It probably won't come as any surprise to learn that in Ibiza tourism is the biggest sector of the economy with construction a close second. Figures just released for 2004 show that the gross income of the top 20 companies across all economic sectors on the island was a staggering €331 million. Of these the biggest grossing company was the Matutes Group which includes the Fiesta Hotels and Resorts which came in at number one because of its €48.7 million income.

With so much construction of new houses, offices and apartments it's also no surprise to learn that a building supplies company Suministros Ibiza turned over a massive €19.1 million making it the most successful in the construction sector. It's also no surprise to learn that this company is owned by the Matutes Group too.

Even though the results for 2006 are a long way off we predict that as Ibiza enjoyed its most prosperous year – more tourists visited than for many a year – and as the two enormous 'motorway' projects have massive supply logistics, that tourism and construction will be Top of the Pops again.

Spoil yourself at one of Ibiza's top restaurants

Aiyanna Ibiza Restaurant

Aiyanna Ibiza Restaurant

Es Caná, Ibiza
La Imprenta Restaurant

La Imprenta Restaurant

Ibiza Town (Eivissa)
Zela Ibiza Restaurant

Zela Ibiza Restaurant

Ibiza Town (Eivissa)