CNMC

Spanish economy 8th July 2022

CNMC Fines Major Spanish Construction Companies 203 Million Euros For Sharing Contracts Until 2017

The National Markets and Competition Commission (CNMC) has fined six of Spain’s leading construction companies 203.6 million euros for having altered thousands of public tenders for building and civil works infrastructure contracts over 25 years. The companies penalised are Acciona, Dragados, FCC, Ferrovial, OHLA and Sacyr. According to the CNMC, between 1992 and April 2017, the construction companies met weekly to analyse tenders for works carried out by the various…

Spanish economy 18th December 2017

Spanish Electricity Surplus Reaches €421,4 M in 2016

In 2016, the electricity system registered a surplus of 421,45 million euros, according to the final figure for the year released by The National Commission on Markets and Competition (CNMC in Spanish).

Spanish economy 10th March 2016

Spain power system posts surplus in 2015 after 14 years of deficit

The CNMC said 2015 was the first year that the electricity system posted a surplus after 14 consecutive years of deficit. The full-year surplus was 550 million euros which the regulator has said should be earmarked for paying down debt, in line with the guidelines included in the last electricity sector reform.