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TERESA RIBERA, ECOLOGICAL TRANSITION MINISTER, opens the 9th edition of the Spain Investors Day: “Spain is a really attractive country for energetic investment”.

  • “Economic transformation will create growth and business opportunities”, points out the minister.
  • “Greater and greater business want to come to the Spain Investors Day to international investors to present how Spanish business are doing, points out SID president, Benito Berceruelo.

15/01/2019. Teresa Ribera, the Minister of Ecological Transition, has inaugurated the 9th Edition of Spain Investors Day (SID), the forum in which Spanish companies listed on the Stock Exchange meet with large investors and which opens the economic year. With the presence of more than 150 international investors and 43 Spanish listed companies, the minister highlighted the business opportunities that exist in Spain.

“Spain has a lot to gain from the ecological transition,” he said. For this, “the government must develop a regulatory framework that facilitates it,” he added. The head of the Ministry has also stressed that “with the reduction of greenhouse gases will generate new jobs. On the other hand, Ribera explained that “we are convinced of the benefits of an ecological transition together with companies, citizens and, of course, investors”, pointing out that “green” opportunities, as she has called them, are a vector of growth for employment.

“Spain has a lot to gain with the ecological transition,” he pointed out. For this, “the government must develop a regulatory framework that facilitates it,” he added. The head of the Ministry has also emphasized that “with the reduction of greenhouse gases it will be possible to create new jobs”. On the other hand, Ribera explained that “we are convinced of the benefits of an ecological transition with companies, citizens and, of course, investors”, pointing out that “green” opportunities, as she has called them, are a vector of growth for employment.

On his behalf, the Secretary of State for Trade and President of ICEX, Xiana Margarida Méndez, has stressed that Spain is growing more than the rest of the Eurozone countries. She also pointed out that the Spanish economy is “resilient, open and more competitive than a few years ago”. She also commented that Spanish companies have consolidated themselves as key entities at their sectors, being essential for economic growth.

Regarding GDP, he noted that, based on data for the third quarter of 2018, it had a growth rate between 2,5 and 2,6 %. He has also emphasized the importance of free trade for Spain in the international scope, pointing out that exports have grown by 4%, highlighting the growth presence of exports to countries outside the European Union, which represents a growth in the total of 20%.

Benito Berceruelo, president of the SID has pointed out that in the ninth edition of the SID “we have more companies than ever, explaining to international investors their fundamental economic data”, which he considers to be the greatest success of this forum.

The main objective of Spain Investors Day is to put Spanish listed companies in contact with foreign investors so they can get to know first-hand the results of last year and plans for the future.  This forum, promoted and organised by Estudio de Comunicación, once again has BNP PARIBAS and EXANE BNP PARIBAS as strategic partners. The sponsors of the meeting are GRANT THORNTON, AON, CECABANK, PRISA, ICEX, Equipo Económico, Linklaters, BME and Blacktoro.

The 43 confirmed companies, which represent a record participation, are: ACCIONA, ACERINOX, AENA, ALMIRALL, ATRESMEDIA, BANCO SABADELL, BANKINTER, BME, CAIXABANK, CECABANK, CIE AUTOMOTIVE, COROPORACIÓN ALBA, EBRO FOODS, ENAGAS, ENCE, ENDESA, EUSKALTEL, FERROVIAL, FLUIDRA, GESTAMP, GRUPO ACS, GRUPO CATALANA OCCIDENTE, IBERDROLA, ICEX, INDRA, INMOBILIARIA COLONIAL, INTERNATIONAL AIRLINES GROUP, MAPFRE, MASMOVIL, MEDIASET ESPAÑA, MELIA HOTELS, MERLIN PROPERTIES, PARQUES REUNIDOS, PRISA, PROSEGUR, PROSEGUR CASH, RED ELÉCTRICA DE ESPAÑA, SACYR, SIEMENS GAMESA, TÉCNICAS REUNIDAS, UNICAJA, VIDRALA y VOCENTO.

JOSEP BORRELL, MINISTER OF FOREING AFFAIRS HEADS THE IX SPAIN INVESTORS DAY DINNER.

15/01/2019. Josep Borrell, foreign affairs, European Union and cooperation minister, has lead the dinner of the Spain Investors day (SID) IX Edition, forum where the principal business on the stock exchange meet with the largest investors that opens the economic year. The minister has outlined, in the presence of over 150 investors and managers of the main Spanish companies, the greatest position that Spain enjoys in the international scope: “We are the 14th country on foreign investment over the world”.

In front of a crowded park of the Palacio de la Bolsa, Borrell has expressed the Spanish government vocation on foreign investment, besides he has pointed the economic advantages that his geostrategic position provides: “We are the bridge between Europe and Africa”.

In addition, the minister has also emphasised the relation between social cohesion and economic growth, explaining that “the most open countries over the world and most exporter are also the most united ones” to highlight the Spanish position.

On the other hand, the governor of the Bank of Spain, Pablo Hernández de Cos, has explained that “over the last years we have achieved a current account surplus really positive, that´s the main reason of the Spanish international position”.

Black Toro´s president, official sponsor at the dinner, Ramón Betolaza, has outlined that “the SID is an essential date of the Spanish calendar”, at the time that he reminded the assistances that his company intention is to help restoring the Spanish finance security. Likewise, Betozola has reminded that 90% of his firm investors are international. On the flip side, Black Toro´s president has reinforced the idea that his objective is to ensure the companies´ visibility and guarantee the long-term value.

On his behalf, SID´s president, Benito Berzuelo ha positively valued SID´s evolution and the Spanish economy, always hand to hand over the last nine years. “When we create this forum, Spain and the European Union were leaving his worst crisis period”. Additionally, he has insisted that “we still need meetings like this, forums of dialogue, where business introduces their reality”.

NADIA CALVIÑO, MINISTRER OF FINANCE CLOSES THE SPAIN INVESTORS DAY IX EDITION

  • “The SID, after nine editions, has become a model forum for the international investor community” stands out the minister.
  • Calviño mentions as well that the growth seen for Spain will still being strong.

16/01/2019 Nadia Calviño, finance and business minister, has lead the IX Edition lunch of the Spain Investors Day (SID). SID is a forum where the main Spanish business listed on the stock exchange meets the biggest international investors. The minister has assured that Spanish economy is solidly growing, with a 2.6% projection in 2018, based on the first three months of the year data, while, for 2019, is projected a 2.2% PIB rise.

The minister has insisted that the Spanish economy is not only progressing, it has developed strongly, especially when comparing to their European brothers. Calviño has pointed that, “after five years without any growth or negative growth, Spanish economy has got out of the crisis with strength”.

Taking advantage of the strong investor’s presence at the lunch, the minister has insisted on the vital importance for the economy, to reduce the debt ratio-PIB. Likewise, Calviño has commented that a forum like the SID, with a noticeable international influence, is “the best opportunity to boast about the solid numbers” of Spain.

Related to the budgets, the minister of economy has added that “there is no finance sustainability with out social sustainability” before explaining how the budgets are attacking issues so crucial like child´s poverty or, for example, the scholarship rise.

Spain Investors day main objective is to put in contact listed Spanish business with foreign investors for them to meet the latest exercise results and future plans. This forum, promoted and organised by Estudio de Comunicación, relies again with BNP PARIBAS and EXANE BNP PARIBAS as strategic partners. The sponsors that makes this meeting possible are GRANT THORNTON, AON, CECABANK, PRISA, ICEX, Equipo Económico, Linklaters, BME and Blacktoro.

The 43 confirmed business, that  mean a participation record are: ACCIONA, ACERINOX, AENA, ALMIRALL, ATRESMEDIA, BANCO SABADELL, BANKINTER, BME, CAIXABANK, CECABANK, CIE AUTOMOTIVE, COROPORACIÓN ALBA, EBRO FOODS, ENAGAS, ENCE, ENDESA, EUSKALTEL, FERROVIAL, FLUIDRA, GESTAMP, GRUPO ACS, GRUPO CATALANA OCCIDENTE, IBERDROLA, ICEX, INDRA, INMOBILIARIA COLONIAL, INTERNATIONAL AIRLINES GROUP, MAPFRE, MASMOVIL, MEDIASET ESPAÑA, MELIA HOTELS, MERLIN PROPERTIES, PARQUES REUNIDOS, PRISA, PROSEGUR, PROSEGUR CASH, RED ELÉCTRICA DE ESPAÑA, SACYR, SIEMENS GAMESA, TÉCNICAS REUNIDAS, UNICAJA, VIDRALA and  VOCENTO.