At the beginning of the XX century, metallurgy, fabric factories and electric power plants quickly developed. During the Civil War, Valencia was for some time capital of the republican government. Later, there would be great losses in the floods of 1957. With the restablishment of the Monarchy, the Comunidad Valenciana obtains the Autonomy Estatute.
Today, Valencia is a city in a growing process of transformations with great buildings and tourist perspectives. Open to the sea, it is a city that takes care of a rich historical heritage, but never forgetting to look at the future. It is currently the ideal city for important congresses, exhibitions and trade fairs.