Posts Tagged ‘foreign investment’

Record levels for foreign investment in Spain

Record levels for foreign investment in Spain

This is according to data from the Foreign Investment Registry (RIE) of the State Secretariat of Commerce, as the total of foreign investment in Spain surpassed 36,000 million euros to reach 36,122 million. Seventy per cent of the investment came from the European Union and can be broken down further by country. Leading the way was Luxembourg with around 21 % of the total. Germany and the UK followed with…

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Spain Launches Itself From the Blocks in 2017

Spain Launches Itself From the Blocks in 2017

Spain is on track to continue its recovery in 2017 with corporate trading in the first six weeks of the year far surpassing that which was seen in the last weeks of 2016. Corporate activity shot up to 6,000 million Euros in the first weeks of 2017 compared with the 4.7 billion recorded in the last quarter of 2016. This year’s figure is also an improvement on the corresponding weeks…

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The sun continues to shine on hotel investment

The sun continues to shine on hotel investment

Hotel investment in Spain reached 2,184 million euros last year with 1,317 million euros coming from abroad. This represents 67 per cent of the total figure. According to Irea, a financial advisor specializing in real estate and hotels, all this points to Spain consolidating itself as one of the leading destinations for hotel investment in Europe. It is even expected to outperform France and the UK. Breaking down the investment…

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Reorienting Spain’s international financial pull

Reorienting Spain’s international financial pull

Chinese investment in Spain is increasing dramatically with newly released figures showing 2015 to be a watershed year as investment last year was greater than the total invested in the previous five years. In fact, 2015 more than doubled on the previous year which saw 845 million Euros come in as opposed to over 1880 million Euros last year. This massive up-swing has been on the cards for some time…

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Spain doubles its money

Spain doubles its money

Foreign investment in Spain for August this year was more than double what it was for the same period last year. This has been revealed in new figures recently published by The Bank Of Spain. While August last year saw a healthy 1,998 million Euros invested in Spanish companies from abroad, there was plenty of scope for that figure to shoot up to 4,545 million this year. Even taking the…

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The future’s so bright they’re gonna need shades

The future’s so bright they’re gonna need shades

Youthful sunglasses company Hawkers has announced one of the biggest investments in Europe having received €50 million. Among the significant investors are Félix Ruiz and Hugo Arévalo, founders of Madrid based company Tuenti. As a result, Arévalo is to be welcomed onto the team as executive chairman. A group of private and independent investors also got in on the investment action.  After two and a half years of going it…

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Entrepreneurs in the Madrid shop window

Entrepreneurs in the Madrid shop window

Early October saw the third edition of the three day long South Summit in Madrid. The leading southern European conference of its kind, it attracts the most promising startups in the Mediterranean and Latin America. They were able to present themselves to leading international investors and corporations who were seeking to invest in the innovation of young companies. The inaugural year of the Summit was 2012 and was the brainchild…

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Madrid emerges as a leading contender of Europe’s new financial hub on the completion of Brexit

Madrid emerges as a leading contender of Europe’s new financial hub on the completion of Brexit

Following the Brexit vote, Europe could soon be looking for a new financial centre with London in danger of exiting the picture. Since the vote, many financial sector companies are reconsidering their options should London no longer prove the most viable. A study from JP Morgan concluded that in terms of cost, real estate in Madrid is more attractive than Paris, Dublin and Frankfurt.

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Ebay pays €165 million to acquire Spanish startup Ticketbits

Ebay pays €165 million to acquire Spanish startup Ticketbits

EBay has announced the acquisition of the Spanish company Ticketbis, the platform for buying and selling event tickets. This means that Ticketbis will become part of StubHub, the ticket resale website in the US. The aim of the purchase is to increase the presence of StubHub in Latin America and Europe as well as to extend the business in Asia and the Pacific. The exact terms of the agreement have not been officially disclosed but sources close to Ticketbis Novobrief reveal that the purchase is around 165 million dollars.

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Foreign investment in Spanish Startups grows 150%

Foreign investment in Spanish Startups grows 150%

Spanish start-ups are receiving almost three quarters of their seed money from foreign investors signaling an agile, innovative and internationally attractive entrepreneurial population. Figures recently published in the annual report of ASCRI, specialists in Venture Capital & Private Equity in Spain, show that between 2014 and 2015, foreign entities increased their investment in Spanish companies by 152.6 per cent, reaching a total of 388 million euros.

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