Sao Paulo €389-million contract goes to Spain’s CAF
MADRID | This new project reinforces the global strategy of the company, with a backlog at the first quarter end of this year amounting to €4.87 billion, with more than 85% exports.
Companies
Spanish Ence enters €3.8 billion boost to European bioeconomy
MADRID | “This public-private partnership (PPP) between the European Commission and the BIC consortium will boost growth and employment in Europe,” Ence said.
Kuala Lampur light rail hires Spanish Indra
MADRID | The solution implemented by Indra in Malaysia will include operational planning, traffic regulation and real-time train circulation monitoring sub-systems.
Spanish OHL awarded $142-million contract in Texas
MADRID | This contract award is highly relevant for OHL in light of the competition with strong local construction companies.
Top companies in accord to expand fibre optic network in Spain
MADRID | This agreement over a strategy to increase the Spanish fibre optic network represents a leap forward in bringing this technology to more households and businesses across the country.
Spain’s Talgo awarded €482-million contract in Kazakhstan
MADRID | State-of-the-art wide-body railcars supplied by Talgo will reach 200km/h. and have been specially designed for extreme climatic conditions (-50ºC), among other specific requirements by Kazakhstan.
Spanish GOWEX launches service in Brazil ahead of 2014 FIFA World Cup
MADRID | GOWEX and Oi bilateral agreement allows users to benefit from their thousands of Wi-Fi points worldwide. Entering Brazil, a key country for GOWEX, is part of the company’s growth strategy of operating in 300 of the world’s major cities. Brazil is a great showcase for Wi-Fi due to the 2014 FIFA World Cup and 2016 Olympic Games venue.
Reasons for Repsol to answer no to Argentina’s offer on YPF
MADRID | By Julia Pastor | Repsol’s Board of Directors will consider a proposal from the Argentinian government according to which Repsol would drop their dispute on YPF without any economic compensation and be given in return some stake of a joint venture company to develop 6% of Vaca Muerta’s field oil and gas reserves.
Hutchison Whampoa pays €0.85bn for Irish business of Telefonica
MADRID | The agreement is expected to positively impact reduction of Telefonica’s net debt position by about 780 million euros, without considering the additional deferred payment.
Spanish government wants Aena in the market for 3bn but keeping the upper hand
MADRID | By Quesada Vargas | Madrid is considering the listing of AENA airports authority, the world’s largest, managing 46 airports in Spain, including Madrid’s Barajas and Barcelona’s El Prat. The key element is that the Spanish government is to shield 50pc of the agent’s equity and its effective control. Will investors get cold feet?