Link Securities| Indra (IDR) informed the National Securities Market Commission (CNMV) that the current CFO of the Company, Mr. Borja García-Alarcón, has informed the company of his decision to leave his position at the end of February, following the preparation of the accounts and the presentation of results for the financial year 2023, in order to begin a new professional stage. Indra would like to thank Mr. García-Alarcón for his…
CdM| Spain closed the year with a new record in tourist arrivals, as all forecasts had predicted. According to National Statistics Institute (INE) data published today, a total of 85.1 million tourists visited Spain in 2023, an increase of 18.7% over the previous year, reports Europa Press. Comparing this figure with 2019, before the pandemic, tourist arrivals were 1.9% higher. The British and French are at the head of tourist…
Bankinter: The number of unemployed increased in January by 60,404 people, after falling in the last two months of last year (by 24,570 Nov-23 and 27,375 in Dec-23). The total number of unemployed stands at 2.77m people (up 2.2% month-on-month; down 4.8% year-on-year) and seasonally adjusted Social Security enrolment stands at 20.88m people (up 38.5 thousand in the month). Assessment: Employment figures increase in January, slightly above the average of…
CaixaBank Group posted an attributable net profit of €4.82 billion in 2023, up 53.9% against the €3.13 billion reported in 2022. The Group serves 20.1 million customers through a network of around 4,200 branches located across all of Spain and Portugal and has more than €600 billion in assets. The Board of Directors has submitted a proposal to the General Shareholders’ Meeting for the payment of a cash dividend of…
This Friday the electoral campaign, which will last two weeks, begins in Galicia. Next February 18, Galicians are called to the polls. The polls predict that Alfonso Rueda, the current president – in office – of the PP will win. But if he does not achieve an absolute majority, the PSOE, which appears in the polls as the third force, would support the Galician Nationalist Bloc (BNG) to support its…
Norbolsa| The company estimates that the investments planned to achieve the Spanish hydrogen infrastructure total €4.9 billion (€1.2 billion in underground storage and €3.7 billion in infrastructures). In this sense, for H2Med, an investment of €2,5 billion was estimated, of which €1 billion would be Spanish investment. The company registered 650 hydrogen projects from a total of 206 companies in the “Call for interest” process it launched last September to…
Renta 4 | Amadeus has reached an agreement to acquire Vision-Box, a Lisbon-based company that provides biometric (facial recognition) solutions for passengers in airports, airlines and border systems. Vision-Box’s systems (hardware and software) facilitate passengers’ journey from airport check-in, check-out, lounges and security screening. Vision-Box is expected to generate €70 million in revenues and €20 million in EBITDA by 2023, is present in more than 100 countries, generates 50% of…
Norges Bank, which manages Norway’s sovereign fund, has reinforced its commitment to Repsol (REP) and has raised its stake in the energy company’s capital to 5.417%, its highest position since it joined the company. Specifically, the firm has increased its participation in Repsol by 0.88% of the capital from 4.535%, which was the last position it had communicated at the beginning of this month. At current market prices, this 5.417%…
The Minister of Agriculture, Fisheries and Food has called the majority agricultural professional organizations, Agrarian Association of Young Farmers (Asaja), Coordinator of Farmers and Livestock Organizations (COAG) and Union of Small Farmers and Livestock Growers (UPA), to a meeting at the Ministry headquarters this Friday, February 2 in an attempt to stop the protests planned for the coming weeks. The head of Agriculture, Fisheries and Food, Luis Planas, thus responds…
BancaMarch: International Monetary Fund forecasts support a soft landing. Global economic growth estimates for 2024 have been revised upwards by two tenths of a percentage point, maintaining the same levels as in 2023, +3.1%. This is due to the improved outlook for the United States and China, the world’s two largest economies. In the case of the United States, the variation in GDP falls from +2.5% in 2023 to +2.1%…