Business

Business

Latest Business news and updates about Spain

← All News Categories
business

Mercadona Revolutionizes Hair Care with Innovative Products

In a move that is set to transform the hair care landscape in Spain, Mercadona, the country's beloved supermarket chain, has unveiled a new line of innovative hair care products. This development, announced on January 29, 2025, is part of Mercadona's ongoing commitment to providing high-quality, effective, and affordable products to its customers.

The New Hair Care Range

The new hair care range from Mercadona focuses on natural ingredients and advanced formulations designed to cater to various hair types and needs. One of the standout products is a salt water hair treatment, which has been gaining popularity on social media platforms for its transformative effects on curls and texture. This treatment, highlighted in recent video tutorials, uses the natural benefits of salt water to enhance hair health and appearance.

Read more
business

Rafael Nadal Expands Global Tennis Empire with Major Investment Deal

In a significant move that underscores his enduring impact on the world of tennis, Rafael Nadal has secured a €94.1 million deal by selling a 44.9% stake in his renowned tennis academy to the investment firm GPF Capital. This strategic partnership is set to propel the Rafael Nadal Academy to new heights, both financially and in terms of global reach.

The Academy's Roots and Success

Founded in 2016 in Manacor, Mallorca, the Rafael Nadal Academy has quickly become a global hub for young tennis talent. The academy offers a high-performance training program alongside academic education, making it one of the world’s premier tennis academies. Since its inception, the academy has already expanded to include branches in Kuwait, Greece, and Mexico, with more locations on the horizon.

Read article
business

Local Entrepreneur Gustavo DĂ­az Reaches Finals of 'Tierra de Oportunidades' with Innovative Project

In a significant milestone for entrepreneurial spirit in the Canary Islands, Gustavo DĂ­az, a visionary from the region, has made it to the finals of the prestigious 'Tierra de Oportunidades' competition with his groundbreaking project, "Herrumbre Vivo."

The Project: Herrumbre Vivo

"Herrumbre Vivo," which translates to "Living Rust," is an innovative initiative that aims to revitalize and valorize the industrial and mining heritage of the Canary Islands. This project is part of a broader effort to preserve and promote the unique cultural and historical identity of the region. By transforming abandoned industrial sites into vibrant cultural and tourist attractions, DĂ­az's project seeks to breathe new life into areas that were once the backbone of the local economy.

Read article
business

Santander Bank Leads Innovative Sustainability Initiatives Through Diverse Partnerships and Frameworks

In a significant push towards sustainability and economic growth, Banco Santander has been at the forefront of several groundbreaking initiatives, particularly in Spain and beyond. Here are some key developments that highlight the bank's commitment to environmental and social responsibility.

Sustainability Use-of-Proceeds Framework in Colombia

Banco Santander de Negocios Colombia S.A. has recently introduced a comprehensive Sustainability Use-of-Proceeds Framework, aimed at financing projects that align with stringent environmental and social criteria. This framework, detailed in a Second Party Opinion report, includes a wide range of eligible activities such as waste treatment, waste-to-energy production, remediation of contaminated sites, and sustainable agriculture practices like precision farming and organic farming[1].

Read article
business

Almassora Marks the End of an Era as Mere Supermarkets Close Down

In a significant development for the retail landscape in the Valencian Community, the town of Almassora has witnessed the closure of the Mere supermarket chain, marking the end of an ambitious but ultimately unsuccessful venture in the region.

The Rise and Fall of Mere in Almassora

Mere, a supermarket chain known for its ultra-low-cost model, had opened its doors in Almassora and la Vall d'UixĂł in the province of CastellĂłn with high expectations. However, less than a year after their inauguration, the stores have been forced to close due to the company's inability to find stability in the highly competitive Spanish market.

Read article
business

Torrelavega Honors Solvay Executive as Adopted Son of the City

In a heartwarming and significant ceremony, the city of Torrelavega in Cantabria, Spain, has decided to honor Jorge Oliveira, the Director General of Solvay's Torrelavega plant, as an adopted son of the city. This recognition is a testament to Oliveira's contributions and the impactful initiatives he has spearheaded during his tenure.

A Commitment to Sustainability

The honor comes at a time when Solvay is embarking on a major energy transition project at its Torrelavega plant. The company has recently announced plans to nearly halve CO2 emissions by 2027 through the implementation of a biomass cogeneration unit. This project, which will replace 70% of the plant's coal usage, is part of Solvay's broader commitment to reducing its carbon footprint and achieving carbon neutrality by 2050.

Read article