Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
enagas

Enagás: 42 plants to begin injecting green hydrogen into national gas network with combined capacity of 12.8 GWh per day

Norbolsa | The company has received 70 applications to inject hydrogen into the gas system, totalling a combined capacity of 59.1 GWh per day, although only 42 projects, 12.8 GWh per day, have been pre-allocated, given the limited capacity available in the network and the regulator’s cautious approach. This demonstrates the great interest of the sector in developing green hydrogen while awaiting a favourable regulatory framework and the development of…


spain country risk

FEDEA Estimates Undeclared Income in Spain at €112 Billion

FEDEA (the Foundation for Applied Economic Studies) has today published a study by Jaime Vallés and Anabel Zárate (University of Zaragoza) quantifying the tax gap, defined as undeclared income in the Personal Income Tax (IRPF) across the 15 Common Regime autonomous communities between 2003 and 2022. The results show a sustained improvement in aggregate tax compliance throughout the analyzed period. In the early 2000s, declared income represented around 70-75% of…


Almirall edificio id

Almirall to allocate €12.5 million of €16.8 million received from CDTI to phase II clinical trial to treat hidradenitis suppurativa

Alphavalua/ Divacons | The Spanish biopharmaceutical company received a €16.8 million injection in aid from CDTI Innovación, an agency under the Ministry of Science and Innovation, to boost its R&D projects. The company will allocate most of these funds (€12.5 million) to a phase II clinical trial of a monoclonal antibody designed to treat hidradenitis suppurativa, after successfully completing phase I studies in healthy volunteers during 2025. The rest of…


crear empresas

Business confidence rises in Spain by 0.1% ahead of Q1 2026 and compared to Q4 2025, three out of five sectors analysed improve

Link Securities | According to the Business Confidence Indicators (ICE) published by the National Statistics Institute (INE), business confidence in Spain rose by 0.1% in Q1 2026 compared to Q4 2025. In addition, three of the five sectors analysed showed an increase in confidence compared to the previous quarter. Industry shows the largest increase in confidence (1.7%), while Transport and hospitality records the largest decline (a drop of 2.2%). It…


EbroFoods Bertagni

Ebro Foods acquires remaining 30% stake in Bertagni 1882, Italy’s oldest brand of stuffed pasta, for €12.5 million

Renta 4 | Ebro Foods, S.A. has informed the CNMV (Spanish Securities Market Commission) that, through its subsidiary Lustucru Premium Group, it has reached an agreement to acquire the 30% it did not control of the Italian company Bertagni 1882 SpA, Italy’s oldest brand of stuffed pasta. The Ebro Group already owned 70% of the company since 2018. The remaining 30% was held by the directors, Mr Antonio Marchetti and…


Repsol 1440x808

International Court of Arbitration of the Chamber of Commerce rules against Repsol in case it brought against Venture Global

Link Securities | The International Court of Arbitration of the International Chamber of Commerce (ICC) has ruled against Repsol (REP) in the arbitration it brought against Venture Global for breach of liquefied natural gas (LNG) supply contracts, according to Bolsamanía.”The award issued by the arbitration tribunal found that Venture Global Calcasieu Pass, an indirect subsidiary of Venture Global, had acted as a “reasonable and prudent operator in accordance with the…


Acciona Energía bonica

Acciona reiterates strategy focused on asset rotation and expansion in concession businesses in US and Australia

Banc Sabadell | From the interview with José Manuel Entrecanales (Chairman of Acciona (ANA)) in the newspaper Expansión, we highlight the following messages: Asset rotation: He states that it is progressing at a good pace and that it is a recurring lever within the business model, as it allows for accelerated growth, balance sheet optimisation and improved return on capital. He comments that in 2026 they still have to make…


Iberdrola2

Iberdrola completes sale of renewable energy business in Hungary for €171 million

Alphavalue/Divacons | The Spanish utility has completed the sale of its renewable energy business in Hungary for €171 million. The transaction was completed after obtaining all the necessary regulatory authorisations for the transfer of 100% of the shares of Iberdrola (IBE) Renovables Magyarország KFT. The business has been acquired by a consortium comprising Premier Energy, a company that already purchased Iberdrola’s assets in Romania in 2024, and a subsidiary of…


Elena Guede

“European industry feels vulnerable because it cannot compete on a level playing field”

Elena Guede, board member at Tubacex and Celsa, explains in Consejeros magazine that: “At this moment, there are two distinct models. In Europe, we have a model that regulates everything related to climate ambition. It starts with greenhouse gas emission reduction targets, extends them throughout the value chain, sets objectives, defines highly rigorous and demanding reporting, and establishes border carbon footprint mechanisms, etc. This forces the European industrial environment to…


bankinterchuliCM

Bankinter posts €278 million in revenue in Q4 2025, cost of deposits remains virtually stable thanks to over €5 billion in digital accounts

Jefferies | Fourth quarter 2025 results are in line with forecasts, but we believe that the slight decline in net interest income will be the main topic of discussion today. The cost of deposits remained virtually stable during the quarter, thanks to the great success of the digital account promotions carried out during the fourth quarter of 2025, with a new campaign announced in January. We believe this raises questions…