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…
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 Among those created in 1991, 2001 and 2011 it can be seen that most of them are no longer active.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…
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?
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).
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…
In 2020, 106 of the 134 listed companies based in Spain presented non-financial information about the 2019 tax year, i.e. 79% of companies, up 9 points over the previous year (70%), according to a report by the Sustainable Development Goals (SDG) Observatory entitled “The importance of the 2030 Agenda in the post-coronavirus landscape”.
According to the ranking by Funcas and the Universidad Rey Juan Carlos I, the Business Incubator of the Santiago Chamber of Commerce (Galicia) is the best centre for business creation in Spain. In second place is the European Business and Innovation Centre of Murcia (CEEIM) and in third place is the Vicálvaro Business Incubator in Madrid. bancosantander
Funcas | The aim of this note is to outline the recent initiatives in terms of direct aid from the governments of Germany, Spain, France and Italy. While in Italy the aid has been extended to the whole economy, as in Germany and France, in Spain it is limited to the sectors most affected (commerce, hotels and restaurants, leisure, etc.). The amount of aid is relatively low in Spain compared to the other three countries, however Spain is the only country that grants a minimum benefit of 4,000 euros for all eligible businesses.
Endesa, Enagás and Mapfre are the three Spanish companies that offer the highest dividend yield, 9.7%, 9.5% and 7.5%, respectively. According to the analysis prepared by the Organization of Consumers and Users (OCU), and reported by the Europa Press agency, these three companies are followed by Red Eléctrica, Naturgy and Zardoya-Otis, with a yield of over 5%.
Spain is the country most affected by the decline in productivity due to the Covid-19 pandemic because its economy is more vulnerable. The reason is it depends on the most affected sectors, like tourism, hotels and restaurants, having fewer manufacturing companies, according to a recent article in the European Central Bank’s Economic Bulletin. The article analyses the impact of the Covid-19 pandemic on the productivity of German, French, Italian and Spanish companies.