Spanish companies' cost of financing at minimum lows

Companies with over 250 workers must now set up internal complaints channel

Tomorrow, Tuesday 13 June, three months after the entry into force of the law, all companies with more than 250 workers must have an internal information system in place in their organisation, through which reports of regulatory infringements can be made. This reporting channel must also have a system to protect whistleblowers. The aim is to ensure that whistleblowers are completely anonymous and cannot be retaliated against. Companies with 50…

companies general

Number of newly incorporated companies up 11% so far this year in Spain

A study prepared with data from the Mercantile Register by Axesor’s economic research bureau indicates that in March this year a total of 11,946 mercantile companies were set up in Spain, compared to the 11,224 created in March the previous year. This represents a growth of 6.4% compared to the same month last year. Axesor points out that “the Spanish economy is resisting both inflationary pressures and the uncertainty generated…

2018 Brazil elections are taking place in a particularly challenging environment

Santander, Telefónica, Iberdrola, Aena and Mapfre, Spanish companies most exposed to institutional instability in Brazil

Alphavalue /Divacons | The current political instability in Brazil could harm Spanish companies with an interest in the country. The police have regained control of Congress, the presidential palace, and the Supreme Court after the violent invasion carried out by supporters of Jair Bolsonaro. However, and despite the fact that Bolsonaro has distanced himself from the actions of the protestors, the political tension continues. Among the Spanish companies most exposed…

Mediaset and Netflix

Media Terminals, Myth Or Reality?

Fernando González Urbaneja | I will not be so naïve as to hold up the impartiality, objectivity, neutrality, independence… of the media and journalists. Too many years in the profession to remain trapped in that angelic vision. We are not neutral and independence goes by neighbourhoods, topics and times. Each media outlet, each journalist has his/her preferences, biases, sympathies (and antipathies that may not be very bearable) in more or…

Caixabank, Telefónica, El Corte Inglés or Iberdrola, the Spanish firms best prepared to confront 2019

Spanish Firms Contributed More Than 250 M€ Abroad And Benefited 38 M People

According to a study carried out by the PwC Foundation and the CEOE Foundation amongst 64 companies, Spanish firms have raised more than 250 M€ abroad, which has benefited 38 million people. The study also shows that Spanish companies tend to concentrate their social action in certain geographies: 51% of the projects analyzed are present in Latin America, which is the region most covered, followed by sub-Saharan Africa, which accounts…

Spanish companies' cost of financing at minimum lows

More Than 3 Million Companies Created In Spain In The Last 30 Years

According to a study presented by Informa D&B, during the last three decades more than 3,173,000 companies have been incorporated in Spain. Among those created in 1991, 2001 and 2011 it can be seen that most of them are no longer active. Of those incorporated in 1991, 16% are still in the market, among those created in 2001, only 21% are still in business and 32% of those that started…

labor market reform

The Shortage Of Large Firms In Spain Makes The Spanish Economy Productivity Remain Relatively Low

Oriol Aspachs (Caixabank Research) | There are still few large companies in Spain, especially when compared to the major developed countries. This is undoubtedly one of the main reasons why the productivity of the Spanish economy remains relatively low. In other words, this is one of the main reasons why GDP per capita in Spain, or many Spaniards’ purchasing power, remains far from the benchmark countries. Will COVID succeed where economists have failed?

Leroy Merlin's Logo

Leroy Merlin, The Foreign Multinational That Best Reports On Its Contribution In Spain

The Fundación Compromiso y Transparencia has published the annual report about the contribution and transparency of foreign multinationals in Spain, whose ranking is headed for the fourth consecutive year by the French distribution company Leroy Merlin, which is the only that meets all the transparency indicators required in the report. The telecommunications company Vodafone completes the small group of companies classified as transparent in a report that analyses the 35 leading foreign multinationals in Spain, in order to compare them with the IBEX 35 sample.


The Pandemic Raises The Value Of Intangible Assets Of Spanish Firms To 38%, Which Is 5% More Than In 2020

According to Brand Finance’s latest Global Intangible Finance Tracker report, the value of Spanish companies’ intangible assets is 38%, 5% higher than in 2020. Over the past 25 years, Spain has seen the value of intangible assets increase from US$43 million in 1996 to US$440 million in 2021, growing at an annual rate of around 10%. During this time, the share of reported intangible value of enterprise value increased from just 0.1% in 1996 to 8.6% in September 2021. On the other hand, the share of unreported intangible value has remained fairly stable, rising from around 24% in 1996 to 22% of enterprise value in 2021. the most intangible sectors are the energy sector followed by distribution and supermarkets (2nd) and engineering and construction (3rd).

Madrid stock market

Out of Spanish Listed Companies 29.6% Have A Single Controlling Shareholder

Fernando Rodríguez | Of the 125 Spanish listed companies which submitted the Annual Corporate Governance Report (IAGC) for the 2020 financial year, 29.6% have in their shareholding an individual, natural or legal person, who holds the majority of voting rights. This person “exercised or could exercise control,” according to the ad hoc report published by the Spanish National Securities Market Commission (CNMV). The report flags that amongst 64% of the…