Repsol and Telefonica join forces to sell and install solar energy panels in Spain
TWO of Spain’s best-known and biggest companies are to set up a solar panel venture for homes and businesses. Oil giant Repsol and telecoms provider
Oil giant Repsol is constructing Spain’s first advanced biofuel plant in Murcia region
CONSTRUCTION of Spain’s first advanced biofuel plant has started in the Cartagena area of Murcia. The €200 million project is being undertaken by Repsol at
Orange and MasMovil announce merger plans to create biggest mobile operator in Spain
ORANGE and MasMovil have formally announced their intention to merge their businesses in Spain. It would make them the largest mobile/telecoms operator in the country
Nationwide survey reveals ‘most-valued’ and cheapest supermarkets in Spain
HIPERCOR owned by department store chain El Corte Ingles has been ranked as Spain’s ‘most-valued’ national supermarket retailer. The verdict comes in a customer survey
Struggling Dia supermarket chain in Spain unfazed by EU blacklist of Russian oligarch owner
SPAIN’S Dia supermarket chain says its business as usual despite its key figure getting onto an EU Russian oligarch blacklist in wake of the invasion
Spain’s inflation rate soars with effects of Russian sanctions still to bite
SPAIN has recorded its biggest annual inflation hike since 1989 according to figures released on Monday by the National Statistics Institute(INE). Preliminary numbers for February
Farmers threatened by cheap imports use tractors to snarl up centre of Spain’s Valencia City
ANGRY farmers complaining about unfair competition caused by cheap non-EU imports took to the streets of Valencia City on Friday. Over 220 tractors led the
Costa Blanca shoemaker famous for coloured trainers opens its own shops in Spain
ELCHE footwear manufacturer, Hoff, has opened its second branded store in Spain in Palma de Mallorca. Since it started in 2016, Hoff has sold over
Sherry producers in Andalucia’s Jerez area of Spain launch campaign to boost UK business
PRESTIGIOUS sherries from the Jerez area will feature in a new advertising campaign targeting UK drinkers after a recent sherry sales boost during COVID lockdowns.
Spain’s new national minimum wage rises to exactly €14,000 per year
THE national minimum wage in Spain has gone up to €1,000 per month, with the rise backdated to January 1. An agreement was reached between
Valentine invitation to ‘fall in love’ with local business from city council on Spain’s Costa Blanca
A BUSINESS boost for commerce and hospitality in an area popular with expats has been launched. Orihuela City Council launched the Saint Valentine-themed initiative in
Spain’s construction boom sees cement usage top pre-pandemic levels
CEMENT usage in Spain increased by 11% in 2021, to a level not seen in a decade as construction boomed. The recovery of the construction
Spain announces its best job figures since banking crisis of 2008
SPAIN has announced the highest number of people in work since the 2008 banking crisis. Over 20 million people are employed with 840,700 new jobs
How Spain compares to the rest of the world over fighting corruption
THE image of how tough Spain is on corruption has barely changed in a year, according to the 2021 Corruption Perception Index(CPI). The CPI, published
Spain announces crackdown on cryptocurrency adverts that ignore investor risks
SPAIN is clamping down on the advertising of unregulated cryptocurrency investments. Concerns about investors being ripped-off by bogus claims have prompted a new rule that
Bankruptcies in Spain rise by a third during 2021 but start-up numbers are even bigger
THE number of businesses declared bankrupt in Spain last year rose by 31% compared to 2020. In contrast, 102,169 new companies were registered in 2021,
Pedro Sanchez says Spain’s creating ‘quality jobs’ as unemployment tumbles in 17-year record fall
SPAIN created 782,232 new jobs in 2021 in the biggest annual fall in registered jobless since 1995. December’s figures from the Labour Ministry saw 76,782
Food and power prices boost Spain’s inflation rate to highest figure in nearly 30 years
SPAIN’S inflation rate has hit 6.7% this December- the highest annual hike since March 1992. Official figures published on Thursday from the National Statistics Institute(INE)
Telefonica in Spain strikes deal with unions for 2,700 voluntary job losses
SPANISH telecoms giant Telefonica has reached an agreement with unions to cut 15% of its workforce. The reduction will be achieved through an estimated 2,700
Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain
A Madrid court has ordered Banco Santander to pay €68 million to Italian banker Andrea Orcel for reneging on an offer to make him CEO
Christmas bonus for every Benidorm resident on Spain’s Costa Blanca
BENIDORM residents can get a €50 discount on city shopping until the end of the year. The ‘BenidormTeDaMas’ scheme allows anybody aged 18 and over
Mercadona supermarkets in Spain to pay staff an inflation-matching wage increase
THE Mercadona supermarket chain is set to give its entire workforce a 5% pay rise on January 1. Spain’s biggest private company is the first
Festive business boost as town citizens are given over €200,000 to spend locally on Spain’s Costa Blanca
FAMILIES living in Pilar de la Horadada are being given thirty euros to spend locally in the run-up to Christmas. The local City Council is
Spain’s Unicaja Banco reaches deal to cut 1,513 jobs and close hundreds of branches
SPAIN’S fifth-largest bank, Unicaja, has reached a deal to cut up to 1,513 jobs and close a quarter of its branches. The bank announced cost-cutting
Spain reaches the highest ‘misery index’ in Europe
LIFE in Spain has often been considered a laid-back, sun-drenched alternative to gloomier spots on the continent. But in recent years, economic woes have cast
Highest and lowest paid jobs in Spain – see if yours on the list
COMPANY bosses took home the top pay packets in Spain last year, while cleaners earned the least, new figures show. Bankers are among those who