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This Month Headline
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Business Indicators
Spain’s attractions catch the eye of Chinese companies
The world economy has undergone a series of readjustments over recent years, which have resulted in a movement of economic power towards Asia. The process has consolidated countries such as China as major exporters of capital, a fact that has aroused increasing interest in a world economy thirsty for investments. Outward Foreign Direct Investment (FDI) from China has therefore gone up from 2,518 million dollars in 2002 to 22,500 million dollars in 2007.
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Success story
Appointments
05/11/09 ·
Microsoft Ibérica appoints Luis Ríos Director of the Mobile Business Unit
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News in Brief
23/10/09
Ikea has penciled in a 2,000 million euro investment and the creation of 20,000 jobs in Spain over the next six years, where it plans to open twelve new stores, nine in their own commercial complexes, according to sources at the furniture and decoration company.
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21/10/09
British funds advised by Apax Partners have purchased La Bella Easo, an Industrial Bakery from the Aragón region formerly owned by the Barilla Group, through the Iberian Foods Company. The purchase includes the Saragossa production plant with productive capacity for 35,000 tons a year.
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02/11/09
The board of directors of Italy-based scooter and motorcycle maker Piaggio & C SpA has given approval for the launch of a Spanish branch named Piaggio & C SpA Sucursal in Spain, Piaggio said.
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Events
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05/11/09
With Spain's growth model undermined by global economic turmoil and the end of its domestic construction boom, where should the country look for its recovery? What will the business environment look like when Spain emerges from the downturn?
Economist Conferences' 21st Roundtable with the Government of Spain is the opportunity to join an exclusive debate on the country's business outlook and investment climate.
Attendees will have the opportunity to hear President of the Government José Luis Rodríguez Zapatero and senior ministers explain their economic plans and priorities, to benefit from the EIU's latest intelligence on the global economic outlook.
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