Created in 1991 by the Full Council of Barcelona City Council, the Barcelona Municipal Institute of Markets was set up with broad consensus, both among municipal political groups and traders. Its board of directors is made up of representatives of the market traders, the political parties and the municipal government.
Designed to be an autonomous body for the direct management and administration of the municipal markets, the IMMB is under the supervision of Barcelona City Council with regard to the approval of byelaws, appointing people to posts, opening and closing markets and approving large-scale works projects.
The IMMB has two fundamental tools for modernising the markets: the new Municipal Byelaw and the new management models. A modernisation plan that entails improving the Market Service, maintenance of the commercial quota, diversity management and standardising the regulation of trade.
So, the IMMB's work is focused on 3 areas: improving infrastructure and services, updating the commercial offer and introducing policies to promote trade, all while incorporating an approach to management that calls for a new market model for the 21st century, the adaptation of the markets to their environment and the renewed role of markets in building community.