Sponsored Satellite internet for Spain

Reliable internet when fiber is slow

High-speed satellite internet for towns where fiber is missing.

Check availability

Affiliate link. You receive one month of free service 30 days after activation.

Sponsored Spanish banking

Need a Spanish bank account? N26.

Open N26 in minutes and get EUR 50 in top stocks when you join.

Open N26

Affiliate link. EUR 50 stock bonus subject to N26 terms and availability.

Category

Business

Latest Business news and updates about Spain.

<- All News Categories
business

Spanish Construction Embraces Digitalization for Sustainability

In a significant leap towards a more sustainable future, the Spanish construction sector is undergoing a profound transformation through the adoption of cutting-edge digital technologies. This shift is not only enhancing the efficiency and productivity of construction processes but also aligning the industry with the European Union's ambitious decarbonization goals.

The Role of Digital Twins and AI

At the forefront of this digital revolution are innovative projects such as those supported by the SUSTAIN Eurocluster initiative. For instance, Zenit Solar Tech from Spain has developed AI-EnerDist, a project that employs AI-driven tools to optimize renewable energy usage and reduce grid dependence in buildings. This technology is crucial in enhancing energy self-sufficiency and efficiency, aligning perfectly with the EU's green transition objectives[1].

Read more ->
business

Sogarca Evaluates Collaboration Proposals from Elkargi and Afín Amid Government Support for Iberaval Absorption

In a significant development in the Spanish financial sector, Sogarca, a prominent financial entity, is currently reviewing collaboration proposals from two other financial institutions, Elkargi and Afín. This move comes at a time when the Spanish government continues to express its support for the absorption of Iberaval, another key player in the industry.

Background and Context

Sogarca, known for its robust presence in the financial market, has been exploring various strategic partnerships to enhance its services and market reach. The proposals from Elkargi and Afín are part of this broader strategy, aiming to leverage the strengths of each institution to create a more competitive and resilient financial ecosystem.

Read article ->
business

33rd Concurso de Escaparates in Torrelavega: A Celebration of Local Commerce

In the heart of Cantabria, the town of Torrelavega is gearing up for the 33rd edition of the Concurso de Escaparates, a beloved annual event that highlights the creativity and entrepreneurial spirit of local businesses. This year, the competition promises to be as vibrant and engaging as ever, with a total of 4,800 euros in shopping vouchers to be awarded to the winners.

Participation and Eligibility

The Concurso de Escaparates is open to all commercial establishments in Torrelavega, regardless of their specific activity or sector. This inclusive approach ensures that a diverse range of businesses can participate, from boutique shops and cafes to larger retail stores. Interested businesses can register for the competition until December 10th at the designated registration site.

Read article ->
business

90% of Solvay Logistics Staff Join Indefinite General Strike in Cantabria

In a significant show of solidarity, approximately 90% of the logistics staff at Solvay, a major chemical company, have joined an indefinite general strike that began on December 3, 2024. The strike involves employees of Katoen Natie, the logistics service provider contracted by Solvay for its operations in Barreda, Cantabria.

Background and Reasons for the Strike

The strike is supported by various trade unions, including the Unión General de Trabajadoras y Trabajadores (UGT), which has been vocal about the grievances of the workers. The primary reasons behind the strike are not explicitly detailed in the available reports, but it is understood to be related to labor conditions, possibly including issues such as wages, working hours, and job security.

Read article ->
business

Cantur Workers to Protest Against Privatization of High-Altitude Services on December 21

In a significant development affecting the region of Cantabria, Spain, the workers of Cantur, the public transportation company, are gearing up for a major protest against the proposed privatization of high-altitude services. This move is set to take place on December 21, highlighting the growing tensions between the regional government and the employees of Cantur.

Background and Context

Cantur, which is responsible for managing various public services including transportation and maintenance in high-altitude areas of Cantabria, has been a cornerstone of the region's infrastructure. The proposal to privatize these services has sparked widespread concern among the workers, who fear job insecurity, reduced benefits, and a potential decline in service quality.

Read article ->
business

Corporate Governance Dispute Erupts at Spanish Pharmaceutical Company

In a significant development in the Spanish corporate landscape, a contentious dispute has emerged at a prominent pharmaceutical company, highlighting tensions between investors and the company's founding family.

Mason Capital's Demands

Mason Capital, a hedge fund known for its activist investment strategies, has sent an official letter to the board of the pharmaceutical company, calling for the removal of a key ally of the founding family. This move is part of a broader effort by Mason Capital to address what it perceives as governance issues and lack of transparency within the company.

Read article ->