Passenger and cargo traffic at Heathrow rose in September. BAA, owned by a Ferrovial-led consortium, took the opportunity to remind the British government of the strategic importance of strengthening London’s largest airport.
Spain’s Endesa has sold 100% of its business in Ireland to Scottish and Southern Energy. The operation represents an expansion in market share of 12% for SSE.
The collaborative project aims at halting current “brain drain,” which is “crucial to Europe’s future leadership in technology and innovation,” Telefónica said.
The Atradius Barometer, a survey of B2B suppliers of products and services in North America found that, on average, 5.3% of the value of receivables is written off as uncollectable. This compared to 4.0% one year earlier.
Through subsidiary Ferrovial Agroman, Ferrovial is to build a section of Highway PR-9 in the municipality of Ponce, the second-largest city in Puerto Rico.
MADRID | More airlines are expanding their selling extra services added to travel tickets, with almost twice more companies now using IT solutions to increase offers than five years ago.
MADRID | Ferrovial Agroman, a construction subsidiary of Ferrovial, has already built 175 km of toll roads in the Irish island. In Northern Ireland, it has completed the region’s largest motorway project, the DBFO2.
Spanish DIA, a low-cost food distributor, expands into household and personal care market in Spain and Portugal, where the company sees growth prospects in spite of current economic environment.
MADRID | Chairman of Spanish Grupo Santander Emilio Botín said the bank plans significant subsidiaries to become autonomous in liquidity and capital, and the group’s strategy was to have them listed.
LONDON/MADRID | Spain’s Iberdrola has engaged in the largest wind energy project in its history. Together with Swedish Vattenfall, the companies will build the East Anglia wind farm. It will have the potential to power 5 million homes.