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Category: Business (21 articles)

More good news for Spain economy, but when will wages rise?

Falling wages simply mean the money in Spain's economy is currently being directed elsewhere, and that has to stop

Spain’s miraculous economic turnaround in the past 12 months has largely been a result of direct government action designed to shake up the labour market.

In aiding the car manufacturing industry with its scrappage scheme, the sector rebounded to become one of the country’s key economic successes. In overhauling antiquated labour laws, companies had more freedom to fire workers, cut wages and hire fresh faces – the result being an upturn in job creation and a boost for the national GDP…

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Author:Ian Clover 29/07/2014 [0] Comments 
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Costa del Sol welcomes its first Poundland

The Dealz store has opened in a prominent location in Torremolinos, Costa del Sol.

You can’t open a shop where ‘everything is £1’ in a country that has the euro. No problem: Poundland’s owners – multi-millionaires Dave Dodd and Stephen Smith – simply changed the store’s famous name to Dealz when recently opening the first Poundland in Spain, in the heart of Torremolinos

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Author:Ian Clover 16/07/2014 [0] Comments 
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Spain on cusp of largest-ever real estate investment

Talk of a sustained recovery to Spain's property industry has received a massive boost with this latest announcement

Merlin Properties, a newly created Spanish real estate investment trust, has set its sights on becoming the largest property investment company in Europe after launching a €1.5 billion initial public offering (IPO) flotation on the stock market.

The size of the IPO is the largest share offering in Europe since a €3.1 billion IPO launched by Bankia in 2011. Then, the Spanish required funds to bail out other Spanish lending institutions in the country…

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Author:Ian Clover 18/06/2014 [0] Comments 
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A double celebration for Moneycorp!

A double celebration for Moneycorp

More than 100 guests attended Moneycorp's anniversary celebrations in La Cala earlier this month

When the VIVA team received their invitations to the Moneycorp anniversary celebrations earlier this month, we couldn’t believe that a whole year had passed since their last ‘do’ where we’d had such a great evening that we were all still talking about it. So we just couldn’t wait…

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Author:Carolyn Mowlem 23/10/2013 [0] Comments 
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Spain's windfarms break energy records

Wind doesn't have to blow if you use it correctly, like the Spaniards

The Spanish Wind Energy Association has announced that the past three months in Spain has seen the country produce more wind-powered electricity than any other source.

Spain’s wind farms – many of which sit close to the southern Andalusian town of Tarifa – delivered more than six terawatt hours of electricity in January, read a statement by Red Eléctrica de España.

“Since November 1, wind has been the top technology in the electrical system,” the group’s blog said. “The last time any technology exceeded six terawatt-hours of monthly generation was in 2010, when it was combined-cycle gas turbines.”

Such impressive stats meant that Spain’s windfarms outperformed both its coal-fired and nuclear power stations, and delivered more than a quarter of the country’s power generation.

These positive results are a boon for the country’s renewable power industry, and a testament not only to Spain’s natural resources but also its forethought in investing so much effort and manpower to a project many thought would prove an expensive and unsightly white elephant.

But as anyone who has ever driven over the crests of Tarifa’s hills can attest, Andalucía’s windfarms are starkly beautiful.

Author:Ian Clover 10/02/2013 [0] Comments 
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Marbella, says Hello!

Hello! logoWe’ve just heard on the grapevine that Marbella is being shown in all its glory in this week’s Hello! magazine, which hit the UK newsstands on Tuesday. So, thanks to respected Marbella-based international PR company, Media Machine International – run by journalist, editor and all-round PR and media guru Louise Cook Edwards – no fewer than one million readers will be lapping up the resort’s winter sun in a fabulous 4-page fashion spread featuring celebrity Harleymoon Kemp, which was shot earlier this month in seven stunning Marbella locations, including the 5-star Don Carlos Resort.

Marbella celebrity fashion spread

Ever since launching Media Machine International back in 2000, indefatigable Louise and her team have been focused on ensuring that Marbella, and leading businesses on the Costa del Sol, are seen and promoted in all the very best places.

Louise Cook Edwards

Louise Cook Edwards launched Media Machine International in 2000.

So if you’d like to raise your company’s press profile, distribute your news and stay ahead of the pack by reaching new clients around Europe before your competitors, contact Media Machine International on T. +34 952 882 988 or email: louise@mmi4.com.

Author:Carolyn Mowlem 16/02/2012 [2] Comments 
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Costa del Sol tourism up 3.5% in 2011

Málaga Airport Terminal 3According to a report released by the local Tourist Board to coincide with the 32nd edition of the FITUR International Tourism Fair taking place in Madrid this week, despite the recession a total of 9.1 million holidaymakers visited the Costa del Sol in 2011, up by 3.5% compared with 2010. The average vacation length, however, was down from 13 days to nine, while the average spend also dropped – although only very slightly – from €800 to €760.

Tourism is Málaga’s principal industry, last year representing more than 13% of the province’s GDP which amounted to €8,000 million.

Author:Carolyn Mowlem 20/01/2012 [0] Comments 
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Marbella opening licences up by 17.5%

Orange Square, Marbella

Orange Square, Marbella

According to a recent report in Málaga’s provincial daily Diario Sur, in 2011 the Marbella town hall has processed 976 opening licences, a significant increase of 17.5% compared with 2010 when 806 applications were registered. So it’s very welcome news that despite the global economic crisis, entrepreneurs are betting on Marbella as their Costa del Sol town of choice when it comes to launching a new business.

“These figures reflect Marbella’s dynamism and the strength of its economy, even during such a difficult time,” said local mayor Ángeles Muñoz, who also pointed out the changes in legislation recently introduced by the town hall in order to streamline and simplify what had previously been a slow, complicated and cumbersome process.

In the case of a new bar, for example, reports first had to be produced by the Fire Brigade, as well as the Town Planning, Health and Industry departments meaning that the procedure could take more than a year to complete. But with the Industry delegation now solely responsible for the process, that length of time has been reduced to around three months, while some new businesses – such as fashion retailers and lawyers’ offices – are now often able to open on the very same day that the relevant documentation is presented.

This year’s 17.5% increase is in stark contrast to the previous three consecutive years when decreases in opening licences were recorded. In 2008 the figure for opening licences stood at 1,554, dropping by 18% in 2009 with 1,250 applications, and down again in 2010 with just 806 applications.

Author:Carolyn Mowlem 30/12/2011 [0] Comments 
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The Red Penguin Art Gallery opens at El Corte Inglés Home & Decoration El Capricho, Marbella

High Flyers by Joseph Klibansky

High Flyers by Joseph Klibansky, a special guest at the Gallery opening

Showcasing a wealth of quality art from upcoming and acclaimed Spanish and international artists, Marbella’s Red Penguin Art Gallery has just opened in-store at El Corte Inglés Home & Decoration El Capricho. A dynamic gallery acting as a creative platform for talent, creative ideas and diverse cultural interests including not only art itself, but also Vintage Objects and Collectables, Art & Design Books & Magazines, Art Consultancy, Art to rent for companies, Decorative artistic painting, Education, workshops, lectures and events, the inaugural ‘Identity’ exhibition – featuring the works of 18 groundbreaking talents – opened on 9 December and runs until the end of the year.

The works of a stellar line-up of artists are on show, including…

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Author:Carolyn Mowlem 15/12/2011 [0] Comments 
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McLaren Marbella dealership the first in Spain

McLaren Marbella

The McLaren MP4-12C produces less than 330g/km of CO2

Following an agreement back in the summer with the Woking-based automotive innovators, Costa del Sol concessionaires Grupo Guarnieri have been named as the very first McLaren dealership in Spain and also covering Portugal, with the inauguration taking place on 15 December at the company’s Marbella showrooms in San Pedro.

Various different models from the British supercar manufacturer will be on display, including of course…

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Author:Carolyn Mowlem 08/12/2011 [0] Comments 
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