Locked content Taxi drivers in Madrid decided to end strike

Taxi drivers in Madrid decided on Wednesday to end a strike against online ride-hailing services like Uber or Cabify, which lasted for 16 days. A representative of the strike committee Julio Sanz said on Wednesday that nearly 54 percent of members voted in favor of finishing the protest. He added, h...

Catalan government tightens rules for Uber

The Catalan government agreed to change the regulations for ride-hailing services like Uber or Cabify in response to the demands of striking taxi drivers. The minimum time between order and start of the course was extended to 60 minutes from initial 15 minutes.

Locked content Kruk unit signs LOI to buy €247 mln receivables in Spain

Kruk subsidiary, InvestCapital Ltd., Malta, signed a letter of intent (LOI) for conclusion of a contract to buy receivables on the Spanish market for a nominal value of about €247 million (PLN 1.06 billion at the mid-rate quoted by the National Bank of Poland for November 16, 2018) – the compa...

Locked content AmRest to debut on Spanish Stock Exchanges on Nov 21

AmRest Holdings plans to start trading on Stock Exchanges in Madrid, Barcelona, Bilbao, and Valencia on November 21, the company said. “This movement will allow us to reach new markets and investors, expand our shareholder base and gain acknowledgment in Western Europe,” José Parés, Chai...

Locked content Kruk may buy PLN 1 bln debt portfolio in Spain

Debt collector Kruk has been chosen as the most favorable buyer of unsecured retail receivables portfolio in Spain. The nominal value of the portfolio is €230 million (PLN 1 billion), the company said. The portfolio consists of over 100,000 consumer claims, and the seller is one of the largest finan...

Locked content GetBack acquires €637 mln debt portfolio in Spain

WSE-listed debt collector GetBack acquired debt portfolios with a combined nominal value of €637 million from an unnamed Spanish bank, the company said in a market filing. This was the first such purchase in Spain for GetBack. The portfolio consists of some 186k cases of personal unsecured claims. B...

Locked content GUS: food exports to Spain soar

The Central Statistics Office of Poland reported on Monday that Polish exports to Spain had increased during the first six months of 2016 by 11 percent y/y, reaching PLN 2.7 billion. The result was largely due to the rise in food exports to Spain, which soared by 27 percent y/y.  The report mentione...

Locked content Spain is largest Polish pharmaceuticals importer

In nine months of 2014, Spain imported PLN 1.37 billion worth of Polish pharmaceuticals, Puls Biznesu daily reported. The Spanish bought 80 percent more Polish medicines in three quarters of 2014 than in the entire 2013. Spain became the largest importer of pharmaceuticals manufactured in Poland, th...

Locked content Comarch eyes expansion in Spain and Latin America

Polish IT group Comarch has opened an office in Madrid, the company said in a statement on Monday evening. The unit is meant to be an outpost for expansion both in Spain and in Latin America. The Madrid office will focus on potential customers from the financial, telecommunication, services  and com...