Mandaspain

Madrid’s land goes up for grabs

Madrid’s land goes up for grabs

Madrid is planning on making its surplus land available for industrial use at reduced rates to attract more business to the city. There are currently 11,455,951 square meters of industrial land available, of which 348,658 square meters belongs to the City Council. As of now they are sitting unused. The team of the mayor, Manuela Carmena, has decided to change that situation and offer it to companies, both through sale,…

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Investment in Spain is mainly on the gain

Investment in Spain is mainly on the gain

The fourth edition of the meeting organized by Earnest And Young and venture capital and private equity firm ASCRI on Investment Opportunities in Spain was held in London last month. During the meeting it was seen that confidence in the Spanish economy is growing with 79 per cent of Spanish managers surveyed saying they had faith that the economy would continue to improve. Every single one of them said they…

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The south comes together to innovate and celebrate

The south comes together to innovate and celebrate

The South Summit Innovation Is Now conference is all set for Madrid from October 4 to October 6. Born out of Spain Startup, the conference, which was founded in 2012 deep in the economic crisis, was a joint initiative with IE Business School with the belief that entrepreneurs were going to be the driving force to kickstart the economy. Two years later the scope increased as the organisers sought talent…

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M & A activity rises again

M & A activity rises again

The number of mergers and acquisitions in the first half of 2017 in Spain increased by 3.99 per cent on the same period of last year. With the study coming from analysts TTR, it can be seen that the most active sector of the year so far has been real estate with a total of 362 transactions. This is followed by technology with 174, and then the Internet with 113….

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A new industrial revolution?

A new industrial revolution?

Madrid is set to invest two million euros in promoting ‘Industry 4.0’ in small and medium sized enterprises – SMEs. This is a further boost for Madrid with The Community of Madrid recently having helped finance the office of Invest In Madrid to the tune of €1.35 million. It also comes in the wake of claims that Madrid could become a new financial hub of Europe should the UK’s position…

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Spain gets a nine out of ten from foreign investors

Spain gets a nine out of ten from foreign investors

More than nine out of ten foreign investors now recommend Spain as an investment destination with 96.6% of those asked having a very positive perception about the Spanish economy. Even with last year’s encouraging results, that figure was still only at 65.5 per cent. This is according to a report entitled Spain as Investment Opportunity, prepared for the second year by commercial consultants Kreab which canvassed the views of 29…

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Spain’s M&A Heyday

Spain’s M&A Heyday

Mergers and acquisitions of companies have exploded in Spain growing more than 84 per cent in the first half of this year compared to the same period of last year. Although the number of transactions is similar to what they were a year ago – 553 compared to 586 – the value of them is more than 45,000 million euros. The industrial sector is a stand out in this first…

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Spain reaches a new European summit

Spain reaches a new European summit

Spain received more than thirty billion dollars of Foreign Direct Investment last year becoming one of only eight countries to surpass twenty-seven billion dollars. The full total invested in Spain during 2016 was 30,776 million dollars or 22, 281 million euros. This comes from the latest OECD report which names the other seven countries as the UK, the USA, Australia, Belgium, France, Canada and the Netherlands. The figures put Spain…

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Spain goes back for the future

Spain goes back for the future

Spain is set to return to the speed of growth it had reached prior to the economic crisis with a BBVA study estimating its economy will grow by 1.1 per cent during the second quarter of 2017. This will be a rate of 20 per cent more growth when compared to the first quarter. According to the IMF, it now has the strongest growth of the entire Eurozone, apart from…

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A centre for a ‘new Madrid’

A centre for a ‘new Madrid’

Venezuelan group Sambil has opened the largest shopping centre in Spain in Leganes, Madrid. Opening at 90 per cent capacity, the space contains 130 premises, three floors and encompasses 43,000 square metres. It is the result of 59 million euros of investment and it is believed it will generate 2000 jobs, about 1500 of them directly involved with the centre. Speaking during the opening ceremony, Arnold Moreno, director general of…

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