Griñó Exceeds 300 Million Euros in Revenue by Promoting Circular Economy

The Lleida-based waste management group reported a 50% increase in 2025 revenue and is investing in modernizing its facilities.

Generic image of sorted waste materials for recycling in an industrial plant.
IA

Generic image of sorted waste materials for recycling in an industrial plant.

The Griñó group, with roots in Lleida, achieved a revenue of 303 million euros in 2025, a 50% increase from the previous year, thanks to its strategy focused on the circular economy and waste management.

This record figure is accompanied by a net profit of 20 million euros, surpassing the 14.2 million obtained in 2024. The family business, with over 90 years of history, is led by the third generation, with Joan Griñó as president, who oversees waste management and treatment operations and environmental services.

"These good results are part of our long-term strategy, which is bearing fruit."

Joan Griñó · President of Griñó Group
The group's growth has occurred both organically and through acquisitions, such as the recent integration of Azor Ambiental, a Murcian company specializing in battery recycling. Griñó operates 52 facilities, mostly in Spain, but also has a presence in Colombia, the Dominican Republic, Chile, and Argentina.
Between 2024 and 2025, the company invested 33.2 million euros in modernizing its plants and in new projects, especially in generating renewable energy from discarded waste. Joan Griñó highlights the plant in Santa Perpètua de Mogoda, where they are focusing on cogeneration using alternative fuels, transforming industrial waste into fuel for factories.

"They don't end up in a landfill, and we reuse them. The circular economy allows us to give waste a second life; most can be reused in a new production process, but if not, they can also be converted into energy."

Joan Griñó · President of Griñó Group
For 2026, the conglomerate has already committed over 7 million euros to new strategic investments. The group, which remains mostly owned by the founding family, manages 2 million tons of waste annually and employs over 1,500 professionals.