Business - Olive Press News Spain

Family business as Marta Ortega takes control of Spain’s Inditex fashion empire

MARTA Ortega, the daughter of the founder of Spanish fashion retailer, Inditex, will become the company’s chairwoman next April. Ortega, 37, will replace Pablo Isla,

30 Nov, 2021 @ 12:45

Business & Finance·Lead

Spain's inflation rate reaches lowest number in almost two years

Food price rises take Spain’s inflation rate to levels not seen since 1992

RISING food and fuel prices have rocketed Spain’s inflation rate to its highest figure an almost three decades. Inflation stands at 5.6% up by 0.2%

29 Nov, 2021 @ 15:18

Business & Finance·Lead·National News

Pedro Sanchez gets his 2022 budget plans passed in Spain’s lower house of parliament

PRIME Minister, Pedro Sanchez, has seen his draft budget for 2022 approved by Spain’s lower house of parliament. Thursday’s Congress vote was a success for

25 Nov, 2021 @ 18:48

Business & Finance·Lead·National News

21 De Octubre: Día Mundial Del Ahorro De Energía

Endesa power company to invest €31 billion until 2030 on green energy in Spain and Portugal

ENDESA has announced a €31 billion investment in ‘green’ energy production in Spain and Portugal through to 2030. The news comes as Endesa and other

25 Nov, 2021 @ 13:45

Business & Finance·Environment·Lead

Leading chocolate maker Valor based outside Benidorm on Spain’s Costa Blanca celebrates its 140th anniversary

SPAIN’S leading chocolate manufacturer, Valor, has celebrated its 140th anniversary by announcing profits of €10.6 million. The company had a turnover of €128 million in

24 Nov, 2021 @ 15:11

Benidorm·Business & Finance·Costa Blanca·Lead

Telefonica in Spain could get as much as €1 billion in a tax refund

Telefonica in Spain could get a €1 billion tax refund

SPANISH telecoms giant Telefonica could be in line for a €1 billion tax refund thanks to a National Court ruling. Judges have ordered the Ministry

19 Nov, 2021 @ 15:00

Business & Finance·Lead

Spain signs up for first grab of European Union’s COVID recovery money

Spain has become the first European Union country to officially apply for a first €10 billion instalment of the Union’s COVID recovery fund. This follows

12 Nov, 2021 @ 20:30

Business & Finance·Lead·National News

Spain will launch a rocket from Andalucia at 2am TOMORROW - here's how you can see it

Costa Blanca engineers count down to blast off for Spain’s first space rocket launch in 2022

SPAIN’S first space rocket will be launched next year, 11 years after a Costa Blanca-based company was formed with the aim of making that dream

12 Nov, 2021 @ 19:30

Costa Blanca·Lead·Technology

Inflation soars to highest level in Spain for 29 years due to rising fuel prices

INFLATION skyrocketed to an annual 5.4% rise in October according to Spain’s National Institute of Statistics(INE). It’s the highest level in 29 years and is

12 Nov, 2021 @ 14:15

Business & Finance·Lead·National News

Government hopes national truck drivers strike in Spain will not happen

Spain’s government hopes national lorry drivers strike will be called off

TWO Spanish government ministers are hopeful that a three-day pre-Christmas national lorry drivers strike can be avoided. Spain’s national lorry drivers association announced a strike

11 Nov, 2021 @ 17:16

Business & Finance·Lead·National News

Valencia City Council commercial bond sale interest crashes website

A WEB server that was set up to allow the sale of commercial bonds by the Valencia City Council crashed with minutes of going live.

3 Nov, 2021 @ 11:15

Business & Finance·Lead·Valencia

Robbers flee with just €500 after bank stick-up on Spain's Costa Blanca

Sabadell Bank in Spain boosts profits thanks to TSB subsidiary plus massive job cuts and branch closures

SABADELL Bank profits have leapt up by 82.4% between January and September compared to the same period last year. Spain’s four-largest bank has recorded a

28 Oct, 2021 @ 13:40

Business & Finance·Lead

Inflation rate shows marginal fall in December according to latest figures in Spain

Inflation rate in Spain soars back up to the days of the peseta

SPAIN’S inflation rate has soared to 5.5% due to steep energy price rises. Figures from the National Statistics Institute(INE) for October were 1.1% higher than

28 Oct, 2021 @ 11:26

Business & Finance·Lead·National News

The cost of dying is lower in southern Spain compared to the rest of the country

COFFIN UP: The price of death is lower in southern Spain with funeral and cremation charges far higher in the north

SOUTHERN Spain is the cheapest part of the country to die, according to the OCU consumer association. The highest prices for funerals and cremations were

27 Oct, 2021 @ 19:30

Business & Finance·Lead·National News

Major power company in Spain offers to help industrial customers if government scraps windfall tax plans

LEADING Spanish energy provider Iberdrola says it will help industrial customers if the government scraps plans for a windfall tax. Domestic electricity bills have been

22 Oct, 2021 @ 11:20

Business & Finance·Lead·National News

Carrefour Hits Landmark Of 1,000 'express' Stores Across Spain

Carrefour hypermarket chain hits landmark of 1,000 ‘Express’ stores across Spain

CARREFOUR Spain has hit the milestone of opening 1,000 Express stores, with over a hundred new outlets launched so far this year. The company has

21 Oct, 2021 @ 12:53

Business & Finance

Child Photo by Guillaume De Germain / Unsplash

Who can request the new aid of €100 per child from the Spanish Government?

THE Spanish Government has given the green light to additional funding that the Minister of Social Rights hopes will help tackle child poverty in Spain.

18 Oct, 2021 @ 10:16

Lead·Must Read·National News·Politics

Power prices take inflation in Spain to 13-year-high as government is unhappy with the EU

Electricity price hikes take inflation in Spain to 13-year-high as government criticises the EU

SPAIN’S inflation rate has hit its highest mark since September 2008 due mainly to rising power prices. The National Statistics Institute(INE) said this Thursday that

14 Oct, 2021 @ 17:00

Business & Finance·Lead

High Electricity Prices Force A Steelmaker In Spain To Suspend 'special Steels' Production For 20 Days

High electricity prices force major steelmaker in Spain to suspend production for 20 days

A leading Spanish steelmaker has slashed production at one of its factories due to the big hike in electricity prices. They say that power costs

11 Oct, 2021 @ 15:29

Business & Finance·Lead

Valencia’s Iker Marcaide named on Forbes100 most influential people in Spain’s business world

VALENCIA’s Iker Marcaide have been named among the 100 most influential Spaniards in the business world. The founder of Flywire has been listed as one

8 Sep, 2021 @ 16:09

Business & Finance·Other News·Valencia

Spain looking at new ideas to reduce sky-high electricity prices

SPAIN’S government is looking at fresh moves to reduce sky-rocketing electricity prices. It’s expected to announce targeted help for vulnerable customers and make attempts to

6 Sep, 2021 @ 14:28

Business & Finance·Lead·National News

Pedro Sanchez hints that power bill tax cuts and fuel subsidies will continue in Spain beyond June 30 end date

Pedro Sanchez promises ‘immediate’ minimum wage rise for workers in Spain

SPAIN’S government is looking for an ‘immediate’ increase in the minimum wage to protect workers from rises in inflation. Prime Minister, Pedro Sanchez, made the

1 Sep, 2021 @ 13:34

Business & Finance·Lead·National News

Electricity office windows smashed by man protesting against high prices in Galicia region of Spain

A man attacked an electricity office in the Galicia area of northern Spain after receiving a high bill. Wholesale electricity prices have reached record levels

1 Sep, 2021 @ 12:40

Crime & Law·Lead

Fresh job losses expected at Sabadell Bank as Spain's banking sector continues staff purges

Fresh job losses expected at Sabadell Bank as Spain’s banking sector continues cost cutting

SABADELL Bank is set to announce a fresh round of redundancies this week, according to reports from the Reuters news agency. An internal memo sent

30 Aug, 2021 @ 18:00

Business & Finance·Lead·National News

Electricity bills in Spain rise to their highest level since February

Electricity wholesale prices to reach another new record high in Spain

WHOLESALE electricity prices in Spain will hit a new record figure tomorrow(August 26). The news comes as three small political parties in Congress- Mas Pais,

25 Aug, 2021 @ 20:30

Business & Finance·Lead·National News

NICE DROP OF PORT: Spain’s Valencia leads the way in international wine exports

VALENCIA port is currently enjoying a surge in activity regarding Spanish wine exports. Over the first six months of the year, shipments leaving the regional

25 Aug, 2021 @ 17:15

Business & Finance·Food & Drink·Valencia·Valencian Community

Business- Page 11

Family business as Marta Ortega takes control of Spain’s Inditex fashion empire

Food price rises take Spain’s inflation rate to levels not seen since 1992

Pedro Sanchez gets his 2022 budget plans passed in Spain’s lower house of parliament

Endesa power company to invest €31 billion until 2030 on green energy in Spain and Portugal

Leading chocolate maker Valor based outside Benidorm on Spain’s Costa Blanca celebrates its 140th anniversary

Telefonica in Spain could get a €1 billion tax refund

Spain signs up for first grab of European Union’s COVID recovery money

Costa Blanca engineers count down to blast off for Spain’s first space rocket launch in 2022

Inflation soars to highest level in Spain for 29 years due to rising fuel prices

Spain’s government hopes national lorry drivers strike will be called off

Valencia City Council commercial bond sale interest crashes website

Sabadell Bank in Spain boosts profits thanks to TSB subsidiary plus massive job cuts and branch closures

Inflation rate in Spain soars back up to the days of the peseta

COFFIN UP: The price of death is lower in southern Spain with funeral and cremation charges far higher in the north

Major power company in Spain offers to help industrial customers if government scraps windfall tax plans

Carrefour hypermarket chain hits landmark of 1,000 ‘Express’ stores across Spain

Who can request the new aid of €100 per child from the Spanish Government?

Electricity price hikes take inflation in Spain to 13-year-high as government criticises the EU

High electricity prices force major steelmaker in Spain to suspend production for 20 days

Valencia’s Iker Marcaide named on Forbes100 most influential people in Spain’s business world

Spain looking at new ideas to reduce sky-high electricity prices

Pedro Sanchez promises ‘immediate’ minimum wage rise for workers in Spain

Electricity office windows smashed by man protesting against high prices in Galicia region of Spain

Fresh job losses expected at Sabadell Bank as Spain’s banking sector continues cost cutting

Electricity wholesale prices to reach another new record high in Spain

NICE DROP OF PORT: Spain’s Valencia leads the way in international wine exports

Hallelujah! Spain’s shockingly low birth rate rises for the first time in a decade – but one in ten new mothers are now over 40

Facebook ‘love scam’ gang in Spain cons woman into paying out €216k

Weather alerts in Malaga as Storm Pedro brings strong winds – these are the affected areas

Hundreds of puffins heading south from the British Isles wash up dead or injured on Spanish shores as Spain’s endless storms decimates the population

EU fast-tracks Gibraltar treaty to ensure fluid border ahead of April’s deadline