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Companies 13th January 2012

Electronic Payment Exchange becomes a direct merchant acquirer in the EU

LONDON | Electronic Payment Exchange (EPX) is strengthening its European operation by becoming a direct merchant acquirer in the European Union with initial movement into the United Kingdom. EPX will begin offering its payment services directly to EU merchants starting in the first quarter of 2012. EPX, a full-service payment processor providing combined tokenization and end-to-end encryption payment solutions to multi-national merchants, has provided payment processing services in the EU region for merchants…

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Companies 3rd January 2012

Zara founder buys skyscraper Torre Picasso for €400m

MADRID | Spanish construction company Fomento de Construcciones y Contratas SA (FCC) seeks the strengthening of its financial structure through two real estate divestments and the move to a new headquarters. This week, Pontegadea Inmobiliaria has acquired Torre Picasso to the founder of the Zara boutique chain for €400m; in another transaction, FCC has sold its Balmes (Barcelona) and Federico Salmón (Madrid) buildings for €60m. The process of restructuring the…

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Companies 23rd December 2011

T-Solar Group to invest $145 million in projects in Peru

Spanish T-Solar Group, a major operator in the solar photovoltaic power generation market, has signed three loan agreements for a total of $145mn to finance two photovoltaic power plants with an aggregate capacity of 44 MW in Peru. The two plants will be the first large-scale solar photovoltaic energy projects in Latin America. 113,600 thin-film amorphous hydrogenated-silicon modules produced by T-Solar’s Ourense (Spain) factory will be deployed over 206 hectares…

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Companies 13th December 2011

French Augure buys Spain’s iMente Global

Augure announced on Tuesday the acquisition of iMente Global, a company based in Girona (Catalonia). iMente provides online news, blogs and social media monitoring services for organisations of all sizes to analyse and share all the information and social mentions relevant to their brands, products, industry and competitors. Augure will integrate iMente’s listening capabilities to propose the first cross-channel PR and Reputation Management platform. This unified cloud-based solution will offer…

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Companies 12th December 2011

OHL awarded in Russia its largest construction project ever for €1,95bn

The Spanish construction company has announced the signing in Russia of the Polar Ural project, the biggest contract in the company’s history. The contract between the Russian company Yamal Railway and OHL ŽS, OHL’s Czech subsidiary, was confirmed on December 9 in Prague during Russian president Dmitrij Medvedev’s visit to the Czech Republic. The OHL group through its Czech subsidiary OHL ŽS will carry out the construction of a 390-km long railway…

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Companies 5th December 2011

La Caixa, first in Europe to commercially roll out a mobile real payment system

LONDON | La Caixa’s NFC mobile payments system, the first in Europe to have a large-scale roll out with real users, gained the entity the Banking Technology prize in London, which recognises the best international mobile banking initiative. La Caixa currently has the most extensive mobile payment infrastructure in Europe, covering the entirety of the Balearic Islands and parts of Catalonia. The bank has pioneered the commercial use of mobile payments with…

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Companies 28th November 2011

Spanish construction firms may replicate in India the Meca-Medina HSR deal

As published on Monday in the Spanish business press, India is planning a 1,800 km high-speed line to alleviate its saturated freight train network, as well as to strengthen the country’s industrial development. The Spanish construction companies OHL, ACS, San José, Isolux, Sacyr, Aldesa and Assignia have all signed several alliances in India in order to bid on this contract. “The Spanish engineering and construction sectors are seeking to replicate in…