MADRID | By Jaime Santisteban | Caixabank’s net profit dropped by 54.6% to €152M in the first quarter. Analysts highlight the positive impact of integrating Banco de Valencia and Banca Cívica. Spain’s third biggest bank by market value improved its margins and reduced its NPL rate for the first time since the crisis started.
MADRID | By Jaime Santisteban | Moderate falls on European stock markets today as they assimilate this ‘hawkish’ message from the Fed. In Spain, another operation adds to Prisa’s restructuring of its debt burden of over 3 billion euros.
MADRID | The value of the contract for TR will be above 1,100 million US dollars and will have an execution period of 49 months until the commissioning of all the units.
Saudi Aramco selected TR for the execution of two lump sum turnkey contracts for its upcoming Jazan refinery and marine terminal project.
By Tania Suárez, in Madrid | The Spanish companies Ferrovial and Técnicas Reunidas (TRE) have joined forces to bid for British nuclear plants. According to UK Government, the British Nuclear Plan would entail a substantial £50 billion investment over the next decades. Ferrovial and TRE have already sealed a framework agreement to work together in large projects related to construction, engineering and operation of nuclear plants. Experts from Bankinter point…