Posts Tagged ‘France’

Volkswagen Increases Spain Investment

Volkswagen Increases Spain Investment

Spain’s automobile industry received a double dose of good news last month: another extension to the government’s sector subsidy scheme and a 4.2 billion euros five-year investment commitment from Volkswagen! The German car manufacturer has earmarked the cash for improving installations and R&D at its two plants, one of which is its Seat factory in Martorell, near Barcelona, and the other in Pamplona in Navarre, home to the VW Polo. Spain is a key market for Volkswagen and its latest project – which has been touted as the largest ever industrial investment in the country – will guarantee the future of the group’s facilities.

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Ford to Boost Capacity at Valencia Plant

Ford to Boost Capacity at Valencia Plant

Ford Motor Company plans to boost output at its Valencia plant by 40 percent in 2015, thanks to the final part of a 2.3 billion euros expansion of its operations in Spain. The US car manufacturer is aiming to churn out about 400,000 vehicles at its Almusaffes plant this year, in what has been touted as the biggest ever investment in the Spanish automobile industry.

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Spain Grows Faster Than European Rivals

Spain Grows Faster Than European Rivals

Spain is expected to be the highest growth market in the eurozone in 2015, according to the International Monetary Fund (IMF)’s World Economic Outlook report published last month. No mean feat for a country which was once a protagonist of the region’s sovereign debt crisis and exited a two-year recession just 18 months ago. Spanish GDP is forecast to expand 2.0 percent in 2015, according to the IMF. This compares with the estimate released by the organisation last October for 1.7 percent growth.

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Spain’s Santander’s capital hike gets ratings agencies’ backing

Spain’s Santander’s capital hike gets ratings agencies’ backing

Spain’s biggest bank Santander took the market by surprise last month with a 7.5 billion euro capital hike and a dividend cut, which the lender’s new chief Ana Botin said was to help fund the group’s expansion. The eurozone’s biggest bank by market value sold 1.2 billion shares at 6.18 euros each overnight on January 8, at the bottom of the indicated price range for the share placement and at a 10 percent discount to Santander’s last closing price.

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Spain reforms make it top investor bet for 2015

Spain reforms make it top investor bet for 2015

After struggling to emerge from a deep economic downturn which lasted the best part of five years, Spain is firmly on investors 2015 buy list! Once a protagonist of the eurozone sovereign debt crisis, the country’s economy has now returned to growth and is outpacing former eurozone front-runners like France.

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2014 M&A Trends In Spain

2014 M&A Trends In Spain

The number of M&A transactions completed in Europe has rebounded this year following the slump that occurred towards the end of 2013.
And Spain has been a hub of activity as the country’s recovering economy has rekindled investor confidence.

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Google to Open Business Campus in Madrid

Google to Open Business Campus in Madrid

Google is the latest international investor to bet on Spain’s economic recovery, as well as the potential contribution from its growing number of entrepreneurs.
The Californian technology giant has announced plans to open a business campus in Madrid in the first half of 2015, to provide support for technology start-ups.

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Factors to Growth Recovery in Spain

Factors to Growth Recovery in Spain

Spain’s economy is back on the road to recovery, driven mainly by an uptick in internal demand and a strong exports sector. Internal demand – mainly consumption and investment – contributed postively to Spain’s GDP in the first quarter of 2014 for the first time in four years.

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Strong Growth in Spain’s Service Sector

Strong Growth in Spain’s Service Sector

Spain’s service sector has regained momentum over this year, reflecting the recovery in key component businesses like tourism and exports.
The service sector recorded its fastest expansion since end-2006 in August, driven by a rise in new orders from companies for the thirteenth consecutive month.

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Spain’s Tourism Industry Continues to Grow

Spain’s Tourism Industry Continues to Grow

Spain is on track for another bumper tourism year! Recently released data for the first eight months of 2014 showed a 7.3 percent year-on-year rise in foreign visitors to 45.4 million, a record breaking figure for the January-August period.
And initial figures for September indicate that the summer boom is continuing.

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