Valencia comarca · No. 1 · Monday 28 September 2026 · 7-minute read

Photonic chips bring 15 million to the city of Valencia, 94 per cent of the capital of 70 newly formed firms

The Valencia comarca gains 70 companies in seven days and a single one, in photonic circuits, puts in 15 of their 15.95 million in capital. Eleven city properties also accept judicial auction bids, the Port of Valencia tenders its Turia breakwater for 38.4 million and Valencia City Council puts out two sections of the Jardín del Turia.

The city of Valencia gains a photonic circuits company with 15 million, alongside 69 small firms

• Semiconductors choose the city of Valencia to get started. PHOTONICS DEVELOPMENTS is entered in the BORME of 21 September with 15,000,000 euros of capital to research, prototype and manufacture photonic integrated circuits. That is 94 of every 100 euros put in by the 70 new companies in the city during the week.
• The chip arrives with its pilot plant already awarded. The Universitat Politècnica awarded ROVER INFRAESTRUCTURAS the design and construction of its photonic chip pilot plant for 11,169,715 euros before VAT, a contract updated on 8 July. The city thus gains a new company and a public plant in the same technology.
• Hospitality and wellness bring the second and third largest capital. HORTA SUITES is set up with 600,000 euros to run hospitality and accommodation, and TRASCEND WELLNESS with 160,000 to distribute supplements, both in the BORME of 21 September. Of the other 67 companies, 56 are incorporated with 3,000 euros.
• Housing developers and builders make their debut this week. SYLONTRA is set up for property development and PALBOX INVERSIONES to buy and develop property, both in the BORME of the 21st, and DOVANTA GESTION to build residential buildings in the issue of the 23rd. The issue of the 24th brings another housing builder, CAAZAPA DESING PROJETS, one more developer and the property management firm CASES FINCAS Y COMUNIDADES.
• Hospitality, farming and youth projects have grants open. Turisme Comunitat Valenciana opens the Bono Hostalería 2026 under the Plan Endavant, useful for businesses such as HORTA SUITES, and the Agencia Valenciana de Fomento y Garantía Agraria opens its grants for young farmers. The municipal foundation INNDEA is awarding 40,000 euros for climate action projects led by young people until 2 November, and the Generalitat opens the Plan GenT to hire researchers.

Eleven city of Valencia properties go under the hammer, from a 164-metre shop unit to homes in 1964 blocks

• Two auctions close for bids this very Monday. Today, 28 September, bidding ends for a home of 73 square metres built in a 1965 building with a median CasasValue of 185,035 euros and for an auction in three lots that includes a home in a 1997 building whose median CasasValue is 582,471.
• October opens with four more homes. On 1 October bidding closes for a home in a 1964 block with a median CasasValue of 217,785 euros. On the 5th it closes for one of 90 usable square metres and another of 66 usable square metres, and on the 8th for an inward-facing home whose notice does not publish its floor area.
• A 164-metre shop unit for those looking for ground-floor space. The shop unit of 164 square metres built takes bids until 13 October, and a day later bidding closes for a home of 77 square metres in a 2006 building with a median CasasValue of 356,205 euros.
• Three more close on 15 October. They are a home of 64 square metres in a 1966 building with a median CasasValue of 215,464 euros, another of 98 square metres with three bedrooms and a third of 89 square metres built.

The Port of Valencia and Valencia City Council seek builders for 60 million in works before 21 October

• The Port of Valencia reworks the Turia breakwater for its passengers. The Port Authority is tendering the adaptation of the Turia breakwater to improve the passenger area for 38,364,305 euros before VAT. It is the largest open works contract in the city and takes bids until 21 October.
• Two sections of the Jardín del Turia look for a contractor. The City Council is putting out sections X and XI of the Jardín del Turia for 13,756,016 euros and the new headquarters of the Local Police Second District Unit for 7,583,129. Both were published on 20 September and close on 19 October.
• The hospitals share out mid-sized contracts. The Hospital General is tendering a chiller for pavilion A for 829,212 euros and the demolition of its cogeneration building for 195,218, both with bids until 7 October. The Doctor Peset hospital puts out two lots of works for 225,129.
• The Baños del Almirante seek a builder. The regional Conselleria de Hacienda is tendering the refurbishment of the Baños del Almirante for 410,216 euros before VAT, published on 21 September with bids until 13 October. On that same day the Politècnica closes bidding for the joinery of building 6C, and the Palacio de Congresos is putting an LED screen on its facade for 250,000.
• Small works for neighbourhood firms. The Ciudad de las Artes y las Ciencias closes bidding today for the directional signage supports in its common areas, 94,970 euros. There is still time for stalls 62 to 66 of the Mercado Jerusalén for 69,638 euros, the metal joinery for the EMT for 49,961 and the works at the fire stations, including the north facade at El Saler, until 30 September.

Mercado Central, Parque del Oeste and the Devesa add up to more than 2 million in contracts

• The Mercado Central cleans its facades. The contract for cleaning and maintenance of the facades of the modernista market, worth 675,994 euros before VAT, has been listed as resolved since 21 September. At Rojas Clemente the upgrade of installations and building envelope, 252,371 euros, will be carried out by FOMENTO VALENCIA MANTENIMIENTO Y LIMPIEZA.
• The large parks prepare their maintenance. Parques y Jardines is assessing bids to renew the equipment of the Parque de Cabecera pond and refurbish the Parque del Oeste toilets, two contracts published on 18 and 19 August.
• The Devesa gains dunes and loses old asphalt. Still being assessed are the dune protection of the Devesa Sur and the demolition of the old roads of l'Aterrisador, which returns that land to the nature park.
• Two neighbourhood projects already have bids. The City Council already has bids to draft the redevelopment of Calle Serrano Morales and for the solar panels at the Doctor Lluch sports centre, an investment voted in the DECIDIM participatory budget.

The Port awards 3.7 million to PAVENER and PAVASAL and the Politècnica shares out work at Vera

• The Port electrifies its docks with PAVENER and PAVASAL. The joint venture (UTE) of the two builders wins the new distribution centre fed from CT23 for 3,702,515 euros before VAT, awarded on 18 September. CONSTRUCTEC will carry out the improvements at the ports of Valencia and Sagunto for 553,909.
• The Vera campus commissions air conditioning and roofing. FULTON refurbishes the air conditioning of block 5E of Industrial Engineering for 645,827 euros and SOGESER FACILITY SERVICES repairs the roof of building 8B for 451,564, both awarded on 16 September.
• Fira València installs batteries. On 16 September the trade fair awarded VEOLIA SOLAR ESPAÑA its battery energy storage, 578,986 euros from the PIREP programme, and two installations for Hábitat, the pop-up hotel and the Kitchen Lab.
• Health and Social Security have bids on the table. The Hospital General is reviewing those for its pharmacy clean rooms, 1,537,592 euros, and for its minor works contract, worth 2.3 million. Social Security awarded ATIL COBRA the chiller at Colón, 60 for 373,978.
• La Torre is still waiting for a buyer for its land. The Entidad Valenciana de Vivienda y Suelo has been assessing bids since December 2025 for three plots in the La Torre sector, worth 10,525,281 euros before VAT, whose deadline ended on 2 February. Whoever buys them will pay by handing over state-protected homes.

See the CasasValue of every building in the city of Valencia with an open auction on the map

From 20 to 27 September, the municipality of València, the only one in the comarca, added 70 companies with 15.95 million in capital, 15 million of which came from a photonic chip firm. Eleven properties, ten of them homes, remain up for auction, five announced this week, with the last closing on 15 October, and open tenders range from the Port's Turia breakwater and sections X and XI of the Jardín del Turia to the Baños del Almirante, alongside neighbourhood contracts at the Mercado Central, Rojas Clemente, the Parque del Oeste, the Parque de Cabecera and the Devesa.

Every figure links to its official document. If something does not add up, reply and we will correct it within 24 hours. Valencia Análisis y Negocios Semanal is published by CASAS.ES.