Published on May 8, 2012
Prosegur obtained a net benefit of 44 million euros between January and March of the present year, which is a 2.9% higher than the figure for the same three-month period of 2011.
The gross benefit of the company (ebitda) increased a 15.8%, reaching 98 million euros, while their net benefit (ebit) increased 14%, reaching 74 million euros.
Prosegur sales during the first three-month period of 2012 reached an amount of 838 million euros, which is a 30.3% turnover increase compared to 2011, when the sales figure was 643 million euros.
More than half of Prosegur’s turnover in the first three-month period of the year come from the company’s business in Latin America, where the sales ...
Published on April 20, 2012
The Spanish company, which produces coils and springs for the automobile industry, has been growing in the foreign markets and now wants to set in Brazil, China and Russia. The CEO of the company, Ricardo Romo, announced a strategic plan for the next two years with a prediction of a 10% increase in sales.
The Spanish company has recently taken over the laser cutting company Gasori and inaugurated a production plant in Pone (India) for 7 million euros. Ricardo Romo explains that the company will monetize the investment in a two years term and that they are not planning near investment but they could “evaluate any coming opportunity”.
The 80% of the company activities are in relation with the automobile ...
Published on April 11, 2012
Iberdrola will invest a total amount of $2.346 million in the New York State through its two American subsidiaries: New York State Electric and Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E).
From the budget announced, 40% will be destined to electricity transportation facilities, 26% to distribution facilities and 24% to the gas business. The total amount of the budget is divided between the two subsidiaries, the New York State Electric and Gas Corporation will invest $1.117 million and Rochester Gas and Electric Corporation $1.169 milllion.
Iberdrola USA approved an investment plan of $416 million for 2012, $334 million in 2013 and $500 million for the following years. Along the period of the plan ...
Published on April 3, 2012
This transaction means the entrance of Abertis in the mobile infrastructure management market.The amount of the see-purchase agreement will generate a 12% benefit IRR for the accionists.
Abertis, who has paid 45 million euros for 500 mobile phone towers, could expand the purchase to a total amount of 1.000 towers by the end of 2012 as the company communicated to the National Securities Market Commission .
Telefónica España will be the main customer of the mobile phone towers for the next years but it is also forecasted to offer the infrastructures to other telecommunication operators that could share the services.
The assets purchased, which are “high quality and located in rural areas along the Spanish territory, will be added ...
Published on March 28, 2012
The Isde (Instituto Superior de Derecho y Economía- Law and Economics High Institute) inaugurated in an act in the Instituto Cervantes of New York their new offices in the city, where they will also launch a master degree is sports law in collaboration with St. John’s University.
The Isde continues with its American adventure, which started a year ago. Now, with their first 30 graduated students in the Master of International Law, a master shared with Columbia University, the Isde, took advantage of the occasion and presented the opening of their new offices in Manhattan, located in the Empire State Building.
The Isde’s chief manager, Juan José Sñanchez Puig, declared: “we are so glad because what started with ...
Published on March 26, 2012
The Quimera All Electric GT has been developed by Spanish companies with international collaborations and it is the fastest 100% electric car in the World.
The Quimera AEGT has a weight of 1.500 kg and 700 CV power. It can speed up from 0 to 100 km/h in less than 3 seconds and it reaches 300 km/h top speed-
It is the first electric vehicle with a 6-change gearbox and it has exceeded by far the top speed barrier of electric cars until the present day beating the 200 km/h of the Tesla Roadster and the 260km/h of the Citroën Survolt concept car.
The Quimera AEGT’s dimensions are: 4.8 m length, 2 m ...
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