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Category

Business

Latest Business news and updates about Spain.

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business

Court Orders Gullón to Pay for Unpaid Leave Due to Illness, Death, and Marriage

In a significant ruling that sets a precedent for labor rights in Spain, the justice system has mandated the renowned biscuit and pastry manufacturer, Gullón, to recompense its employees for unpaid leave taken due to illness, death of family members, and marriage.

Background and Ruling

The case, which has been closely followed by labor unions and legal experts, involves Gullón SA, a company based in Aguilar de Campoo, Palencia. The court's decision comes after a series of complaints filed by employees who were denied their rightful compensation for leave taken under legally recognized circumstances such as illness, family bereavement, and marriage.

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business

Ongoing Strike at Katoen Natie in Cantabria: Workers Demand Fair Treatment and Better Conditions

In the heart of Cantabria, a significant labor dispute is unfolding as workers at Katoen Natie, the logistics service provider for the Solvay factory, have embarked on an indefinite general strike. The strike, which began on Tuesday, December 3, 2024, is a response to the company's persistent refusal to address the workers' legitimate demands.

Background and Demands

Katoen Natie, a Belgian logistics company, operates as a concessionaire for the Solvay factory in Cantabria. The workers, represented by the company's committee, have been seeking improvements in their working conditions, salaries, and overall treatment. Despite numerous attempts at negotiation, the company has shown little willingness to engage in meaningful dialogue.

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business

Santander to Bid on €251 Million Annual Cleaning Service Contract

In a significant development that highlights the ongoing competition in public service contracts, Banco Santander is set to participate in a bidding process for a lucrative cleaning service contract valued at €251 million per year. This contract, while not directly related to Santander's core banking activities, underscores the bank's diverse interests and strategic engagements in various sectors.

The Bidding Process

The bidding process, expected to attract several major players, is part of a broader initiative to outsource cleaning services for various public and private entities. The contract, which will be awarded to the successful bidder in the coming months, is anticipated to be one of the largest of its kind in Spain.

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business

Mercadona's Festive Fragrances: Perfect Gifts for Christmas

As the holiday season approaches, Mercadona, one of Spain's leading supermarket chains, is offering a delightful range of perfumes that make ideal gifts for Christmas. This year, Mercadona is catering to the diverse tastes of its customers, including expats, with a selection of fragrances that are both elegant and affordable.

A Diverse Range of Fragrances

Mercadona's perfume collection includes a variety of scents to suit different preferences. From classic and sophisticated to modern and vibrant, these fragrances are designed to appeal to a wide range of consumers. Whether you are looking for a gift for a family member, friend, or colleague, Mercadona's perfumes offer something for everyone.

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business

Spanish Company Ordered to Give Christmas Baskets to Employees: A New Holiday Tradition?

In a unique and heartwarming turn of events, a Spanish company has been mandated by a court to provide Christmas baskets to its employees, setting a precedent that could influence workplace holiday traditions across the country.

The Ruling

The ruling, made on December 11, 2024, comes after a lengthy dispute between the company and its employees regarding holiday perks. The court has decreed that the company must adhere to a long-standing, though previously unofficial, tradition of distributing Christmas baskets to its staff. This decision underscores the importance of maintaining workplace morale and honoring established customs.

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business

Spanish Company Undergoes Significant Delisting and Takeover Bid

In a significant development in the Spanish financial landscape, Tomás Tomás Inversiones S.L. is at the center of a major corporate restructuring. Here are the key details of this transaction that could impact investors and the broader economic scene in Spain.

Delisting from Major Securities Markets

On December 12, 2024, the National Securities Market Commission (CNMV) announced the delisting of Tomás Tomás Inversiones S.L.'s shares from the Madrid, Barcelona, and Bilbao Securities Markets. This decision is part of a broader strategy to restructure the company's ownership and operations.

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