Ford axing 1,100 jobs in Spain’s Valencia with S-Max and Galaxy models ceasing production in April
FORD has announced that it plans to cut 1,100 jobs- 20% of its workforce- at its Almussafes car plant in Valencia province. Unions were informed
REVEALED: Where UK businesses are investing the most in Spain
THE Madrid region was the most popular part of Spain for British investment during the first nine months of 2022 according to figures produced by
Kidnap, crypto and Ukrainians: The multimillion-euro scandal that looks to have defrauded hundreds in Spain and Gibraltar
A KIDNAPPING of two expats foiled by Spanish police last year is linked to an enormous crypto currency scandal set to rock Spain and Gibraltar,
Spain set to make it mandatory for corporate boards to be made up of 40% women
Spain’s government is seeking to make it mandatory for corporate boards to be composed of at least 40% women. Parliament is hoping to pass the
Ibiza, Javea and Marbella: The Spanish municipalities with the most expensive properties
JAVEA is one of the three municipalities in Spain with the most expensive properties. That’s according to a recent study from leading quantity surveyor’s firm
Recriminations in Madrid over Spain’s ‘business environment’ as giant Ferrovial plans Holland move
The proposed departure of Spanish construction conglomerate Ferrovial to Holland for ‘a better business environment’ has set off a firestorm of finger pointing in Madrid.
Valencia’s Air Nostrum in Spain and Ireland’s CityJet get EU merger approval for second time
VALENCIA’S Air Nostrum has been given the green light to merger with Ireland’s CityJet to form Europe’s largest regional airline. It’s the second time that
Light at the end of the cable: Spain and France finally set to agree funding for undersea electricity link
SPAIN and France are set to resolve their long-running dispute over the cost of their first undersea electricity link. The 400 km-long cable link from
Inflation rate in Spain is on the up again as electricity bills and food and drink get more expensive
Inflation is still stalking the Spanish economy as the latest data puts price increases from February last year at an annualised rate of 6.1%. This
Spain’s airport operator returns to making a profit for first time since pandemic
SPAIN’S airport operator Aena recorded an annual net profit in 2022 for the first time since the Covid-19 pandemic struck in 2020. The firm that
Major international ceramics showcase returns to Spain’s Valencia after two-year absence
SPAIN’S biggest ceramics producing region- the Valencian Community- is highlighting the sector in the return of the annual Cevisama fair. The event in Valencia was
EXPORT BOOM: Spain’s Malaga smashes its export record and reaches a new high of €2,880 million
MALAGA has celebrated a ‘historic record’ in exports thanks to an 18% growth in sales. The 2022 financial year for Malaga has closed with record
Mallorca’s plans to reduce visitors this summer crashes head first into airline plans to fly 30 million people to the island
Airlines are planning for a blockbuster 30 million passengers to visit Mallorca this summer, smashing the pre-Covid record set in 2019 by one million. They
‘Let it fail and go under’ Iberia warned off buying indebted Air Europa
The owners of British Airways have been advised to swerve the acquisition of Air Europa, Spain’s third-largest airline, and let the company ‘fail and go
Spain’s power company Iberdrola reports record international profits but suffers 19% domestic fall
POWER firm Iberdrola reported a record annual net profit of €4.3 billion last year across the globe but its domestic operation in Spain saw a
Spain’s new windfall tax on banks and energy companies could raise more money than predicted
A new windfall tax on excess profits made by banks and energy companies in Spain could net more than the €3 billion forecast for this
What Spain Can Learn from The US Inflation Reduction Act
As a third of the world is set to go into recession this year, Spain, like other European governments, is looking for ways to weather
Spain’s Repsol oil company announces record investments and net profit of €4.2 billion in 2022
SPAIN’S biggest oil company, Repsol, has announced plans for a record number of investments after reporting a net annual profit of €4.2 billion last year.
Exports in Spain’s Andalucia soar by 24.3% achieving ‘all-time record’
ANDALUCIA has closed 2022 with record exports reaching almost €43,000 million. Sales abroad grew by 24.3% reaching €42.958 billion, 8 billion more than in 2021,
How To Play At UK Casinos Whilst Travelling Or Living Abroad
Do you like a flutter on the horses or looking for a way to play at UK casinos whilst abroad? If so, then using a
Discover a better way to pay – the Currencies Direct multi-currency debit card
International currency transfer provider Currencies Direct have been helping people move money to and from Spain since 1996. Over the years they’ve built a reputation
Vulnerable families in Spain have until March 31 to request government’s €200 benefit cheque
FROM today, vulnerable families in Spain can apply for a one-off €200 cheque introduced by the government in a bid to help them with the
Construction work starts on new €50 million data centre in Spain’s Valencia region
MEXICAN information technology company Kio will open the Valencian Community’s biggest data centre before the end of the year. The centre costing €50 million will
Spanish government agrees to increase minimum wage by 8% for 2023
The Spanish government has decided to increase the minimum wage by 8% for 2023. The raise will mean about 2.5 million low/salary workers will receive
AI-based mobile phone car number plate reader created by Costa Blanca company in Spain
AN Elche company has created an artificial intelligence device that can convert smartphones into car licence plate readers, which could be used by police to
Regional government in Spain’s Andalusia rejects request from more than 70 municipalities to halt renewable energy plants
THE REGIONAL government in Andalusia has rejected a joint request from a total of 72 municipalities for a moratorium to be put in place on