Princess becomes first royal to own a company

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Princess Elena, the eldest daughter of the king and queen of Spain, has purchased an investment and consultancy business.

19 February 2008

MADRID - Princess Elena, the eldest daughter of the king and queen of Spain, has purchased an investment and consultancy business. It is the first time that a child of the Spanish monarchs has become the owner of a company.

According to official documentation held at Spain's company registry, the princess purchased Global Cinoscéfalos - a limited company with working capital of EUR 3,600 - on 10 December 2007.

The company was created in August 2007 by Alejandro Latorre Atance, a well-known businessman. He sold the company to the princess a month after the royal household made public her separation from her husband, the Duke of Lugo.

The commercial activities of the company are listed as "assessment in the fields of accountancy and finance," as well as "industrial and commercial projects through the purchase of shares."

[Copyright EL PAÍS 2008]

Subject: Spanish news

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