INVEST IN SPAIN

Newsletter	July 2010 Nº 43

Headline

Regions

Key Sectors

	Intertek builds new technology center in Bilbao
	Indra, Agbar and Copisa join forces on Project to protect Ebro Delta environment

	Vodafone and Ericsson open mobile services technology innovation center
	Ikea invests two million euros in its first photovoltaic installation in Spain

Business Indicators

India, Emerging Investment in Spain

The economic boom in India, one of the world’s most important emerging countries over recent years, has been accompanied by a major internationalization process in its multinational companies, which have successfully gone about buying strategic companies in global markets.
A total of 39 Indian companies have an investment presence in Spain, through 100 subsidiaries. Together they account for the creation of 10,000 direct jobs and a very significant amount of indirect employment.

Success story

The three Spanish research centers of Multinational Pharmaceutical firm GlaxoSmithKline

Appointments

News in Brief

05/07/10

INVEST IN SPAIN takes up Vice-Presidency of World Association of Investment Promotion Agencies (WAIPA)

The Spanish agency was elected to hold the post from 244 investment agencies representing 162 countries. Experts at the annual conference analyzed the energizing role played by foreign direct investment during the current international economic downturn.

08/06/10

Guardian Industries to invest 60 million euros in its Tudela and Llodio Plants

US glass multinational, Guardian, is set to invest 60 million euros in the Spanish market this year.Half the amount has been devoted to setting up a new production line in its Tudela (Navarre) factory.The other 30 million euros will be invested in expanding its Llodio (Avala) plant.

03/06/10

Ryanair to invest 286 million euros opening new base in the El Prat airport

Irish low-cost airline, Ryanair, has announced it will open its 42nd operations base in the El Prat airport in Barcelona on the 1st of September 2010. The new base will handle 5 planes and 20 low-cost routes.

Events

15/07/10

Barometer of the business climate from the point of view of the foreign investor in Spain 2010

INVEST IN SPAIN and IESE Business School present the 2010 results of the "Barometer of the business climate from the point of view of the foreign investor".

The Barometer gathers the valuation on the part of foreign companies of the business climate in Spain, identifying the strengthsand weaknesses and the principal areas on those who should be operated.