Companies

caf cartel fachada

Belgian national railway operator SNCB awards CAF contract for new train fleet, initially worth €1.7 billion

Bankinter | SNCB, Belgium’s national railway company, has awarded CAF the contract to renew its fleet. It is a framework agreement, with an initial scope of 180 trains, which would amount to €1.7 billion. The agreement provides for extensions of up to 380 additional units. Analysis team’s view: Good news for CAF, confirming the positive momentum in contracting. The initial amount represents a 10% increase on the order book at…


Telefonica Prosegur

Telefónica: €454,000 per employee provisioned cost for redundancies, €2.5 billion total

Renta 4 | TELEFÓNICA. Signing of the redundancy plan in Spain 1. As expected, Telefónica signed the agreement on the redundancy plan in Spain with the main trade unions yesterday and has signed collective agreements with the seven subsidiaries in Spain until the end of 2030. 2. Redundancy plans have been agreed for 5,500 employees. The conditions of participation will be established in each of the plans. 3. The current…


iberdrola offshore

Iberdrola: Trump Administration cancels Vineyard Wind offshore wind project 1

Bankinter | The US Department of the Interior has announced the immediate suspension of lease agreements for all large-scale offshore wind projects under construction in the United States due to ‘national security risks identified by the Department of Defence’. Among others, Iberdrola’s Vineyard Wind 1 wind farm, which was already under construction, will be halted. This farm is being developed off the coast of Massachusetts and has an installed capacity…


fcc environmental services 1

FCC completes sale of 25% of environmental services subsidiary to CPP Investments for €1 billion

Link Securities | The company informed the National Securities Market Commission (CNMV) that it has completed the sale of 25% of the capital of its subsidiary FCC Servicios Medio Ambiente Holding, S.A. (FCC Enviro) to CPP Investments for €1 billion. In this regard, the financial portal Bolsamania.com explains that, following the transaction, FCC retains a majority stake in FCC Enviro with 50.01%, while CPP Investments, which was already a shareholder,…


amper. def

Amper awarded €130-million contract to modernise and expand electricity grid in Brazilian State of Pará

Norbolsa| The company has been awarded a contract by the Equatorial Group to modernise and expand the electricity grid in the Central-Western Region of the State of Pará (Brazil). The agreement has an initial term of four years and is worth 842 million reais (more than €130 million), with an option to extend for another four years, which could double its value. The Equatorial Group is one of Brazil’s leading…


Naturgy3

CriteriaCaixa strengthens Naturgy stake to 25.98% after purchasing additional 2% from BlackRock

Norbolsa | The investment arm of Fundación LaCaixa has taken advantage of the partial sale executed last week by BlackRock to strengthen its position as the largest shareholder in the energy company and increase its stake to almost 26% of the capital, according to records from the Spanish National Securities Market Commission (CNMV). CriteriaCaixa thus recovers part of the weight it lost with the “self takeover bid” carried out by…


GrifolsGRF

FDA approves launch of Grifols fibrinogen for patients with congenital deficiency

Renta 4 | The company has announced FDA approval for the launch in the US of the new fibrinogen concentrate FESILTY for adult and paediatric patients with congenital fibrinogen deficiency. FESILTY is a product developed by Biotest, which will be marketed in the US by Grifols. The company expects FESILTY to be available to US patients experiencing acute bleeding episodes caused by this protein deficiency from the first half of…


airbus cartel 1

Airbus Helicopters wins contract for 100 units, worth €4 billion, for Spanish Ministry of Defence

Bankinter | Airbus has announced four contracts for the acquisition of 100 helicopters, as part of the National Helicopter Plan announced in May, worth around €4 billion and to be delivered between 2027 and 2031. Airbus Helicopters will strengthen its capabilities in Spain, creating more than 300 highly skilled jobs. The Albacete plant will have a new military helicopter customisation centre and an international training centre for pilots. Analysis team’s…


BBVA vela atardecer

BBVA approves buyback plan of up to €3.96 billion to be executed in several phases

Alphavalue/DIVACONS | The financial institution has approved a buyback plan of up to €3.96 billion, to be executed in several phases. The bank, which had already announced that it would distribute its excess capital after the takeover bid for Banco Sabadell fell through (add Target Price €4.15/share), will consume 100 solvency points with the operation. It will be carried out in stages and will begin on Monday 22 December. The…


elecnor 2

Elecnor acquires Spanish company Jet Aircraft Services, specialists in comprehensive aircraft maintenance services

Norbolsa | The company has announced the acquisition of 100% of Spanish company Jet Aircraft Services (JAS), entering the aircraft maintenance, preservation and dismantling sector. The purchase price has not been disclosed, although in 2024 the company had sales of €7.39 million and a negative result of €233,119. With more than 25 years of experience, JAS has an operational presence at Spain’s main commercial airports: Adolfo Suárez Madrid-Barajas, Barcelona, Seville,…