The Canary Islands is a Spanish archipelago and an outermost region of the European Union located off the northwest coast of Africa. The regional economy is primarily driven by the service sector, specifically tourism, which accounts for a significant portion of the GDP.
Additionally, the archipelago benefits from a specific tax regime known as the Canary Islands Special Zone (ZEC), which has encouraged the establishment of diverse companies in sectors such as transportation, logistics, and renewable energy. This list includes notable companies headquartered or with significant operations in the Canary Islands.
Transportation and tourism
Given the fragmented territory and its status as a major tourist destination, transport and hospitality are key industries.
- Binter Canarias – Regional airline operating inter-island and international flights, based in Telde, Gran Canaria.[1]
- Canaryfly – Airline focusing on inter-island transport.[2]
- Fred. Olsen Express – Ferry company operating inter-island routes, based in Santa Cruz de Tenerife.[3]
- Naviera Armas – Ferry and shipping company, one of the largest in Europe, headquartered in Las Palmas.[4]
- Loro Parque – Zoo and tourism group based in Puerto de la Cruz, Tenerife.[5]
- Siam Park – Water park in Tenerife, repeatedly named the best in the world by TripAdvisor users.[6]
Food and beverage
The islands have a strong tradition of local production for internal consumption and export.
Finance and others
- Radio Televisión Canaria (RTVC) – The public broadcaster of the Canary Islands.[8]
See also
- Economy of the Canary Islands
- List of companies of Spain
References
- Binter Canarias retrieved 2026-01-05^
- Canaryfly retrieved 2026-01-05^
- Fred. Olsen Express retrieved 2026-01-05^
- Naviera Armas Trasmediterránea retrieved 2026-01-05^
- Loro Parque retrieved 2026-01-05^
- Siam Park retrieved 2026-01-05^
- Libby's Canarias retrieved 2026-01-05^
- Radio Televisión Canaria retrieved 2026-01-05^