chile

El Prat Airport to continue growth with record figures and new route between Barcelona and Sao Paulo

July 13, 2015 07:52 PM | ACN

LATAM Airlines Group will operate from El Prat Airport starting in October with a new route running between Barcelona and Sao Paulo through the TAM airline. Three weekly direct flights will be offered, in hopes of reaching 60,000 passengers a year. According to LATAM Airlines CEO, Rodrigo Contreras, the company chose Barcelona because they consider it "a strategic market in Europe," both for the growth of Catalan tourism in Brazil as well as for the Catalan capital as a tourist destination. In this sense, Contreras said Barcelona is the top Spanish destination chosen by Brazilian travellers and the fifth most popular in Europe for business trips and events. The addition of this flight is a continuation of an upward trend for El Prat, which recorded a 4.8% increase in passengers from January through June compared to the same period in 2014, including a 2.7% rise for the month of June.

Abertis' telecommunications subsidiary to operate as Cellnex Telecom from 1 April

March 24, 2015 10:28 PM | ACN

Barcelona-based Abertis' telecommunications subsidiary, Abertis Telecom Terrestre, will operate as Cellnex Telecom, S.A. from 1 April, as approved by the company's Shareholder General Assembly on Tuesday. The new name and brand are part of the preparations for a potential stock market flotation, as announced last October in the context of Abertis' 2015-2017 Strategic Plan. However, neither the Catalan group's President Salvador Alemany, nor Vice President and CEO, Francisco Reynés, have set a precise date yet for its admission to trading, which will be announced during this year's first semester. The new company's slogan will be "driving telecom connectivity".

Barcelona-based Abertis to purchase 7,377 mobile phone towers in Italy for almost €700 million

March 2, 2015 09:21 PM | ACN

Barcelona-based Abertis, a multinational company specialised in the management of toll roads and telecommunications infrastructure, has reached an agreement to purchase 7,377 mobile phone towers in Italy at a total cost of €693 million. The Catalan group – which saw its net profits rise last year to €655 million – will acquire 90% of the shares of Galata, the subsidiary of the Italian operator Wind that owns the telephone towers. Abertis will thus strengthen its presence in the transalpine country and become the "largest European operator of telecommunications infrastructure for mobile telephony and audiovisual broadcasting", as the company announced through a press release.

Catalan riders Marc Coma and Laia Sanz make history at Dakar 2015

January 19, 2015 05:40 PM | Eloy Jorge

Two Catalan drivers made history this weekend at the end of the Dakar Rally 2015. Motorbike rider Marc Coma won his fifth Dakar, equalling the five titles of French drivers Cyril Neveu and Cyril Despres. Coma has become the second driver with the most triumphs in the category, just one victory less than Frenchman Stéphane Peterhansel. Rider Laia Sanz finished ninth, the best position for a woman of all time. In addition, Catalonia had a large representation in this edition, with racers in all four categories, especially in motorbikes. Of the 25 Catalan racers that started the Rally on the 4th of January, almost half made it to Buenos Aires last Saturday, after covering 9,000 kilometres in Bolivia, Chile and Argentina. 

Barcelona-based Abertis to list its telecom division on the Stock Exchange in 2015

October 30, 2014 09:45 PM | ACN

Abertis, the international group which manages transport and telecommunications infrastructures, has announced it will list its telecom exchange business on the Stock Exchange in 2015. The Catalan company presented its new Strategic Plan for 2015-2017 to investors in London this week. The main objectives of the decision were to develop its business strategy, increase returns for shareholders and boost growth. The company currently owns 8,000 radio, television and mobile signal towers. Besides, Abertis presented its numbers for the first nine months of 2014 to the Spanish Stock Exchange Authority (CNMV), including a net profit of €560 million, an increase of 4.6%. The new Strategic Plan also envisages a dividend increase of 10% for its shareholders every year until 2017.  

99.9% of Catalans will be able to participate near their home in the alternative vote on November 9

October 22, 2014 08:53 PM | ACN

938 of the 947 existing municipalities in Catalonia will host polling stations for the alternative consultation vote on independence scheduled for the 9th of November, which replaces the original non-binding referendum. According to the Catalan Government, this represents 99.9% of Catalans being able to vote in their own neighbourhood, town or village, without having to go to a nearby municipality. The Catalan Government will be using its own venues to host the polling stations (mainly high-schools), but it lacks them in small towns. For this reason it requested that town halls cooperate and make municipal venues available for voting. 4 additional municipalities could be added to the final list. In addition, civil societies and parties will be able to campaign in 305 Catalan Government's venues between the 30th of October and the 8th of November.

Barcelona-based Gas Natural Fenosa to make take-over of biggest energy distributor in Chile for €2.6 billion

October 13, 2014 08:32 PM | ACN

The energy company Gas Natural Fenosa announced they have launched a tender offer for 100% of the share capital of the Chilean Compañía General de Electricidad (CGE), which represents a €2.6 billion purchase. The transaction is to be the biggest international  acquisition by the Barcelona-based company. The total size of the operation, including the consolidated debt of CGE and its subsidiaries, is approximately €6 billion. It expected to generate over €600 million gross profit next year. Purchase of CGE, which distributes electricity to 43% of the Chilean market, and has 2.5 million customers, will increase the Catalan company's presence in Latin America. Furthermore, this deal will allow Gas Natural Fenosa to meet its 2015 growth targets and strengthen its presence in Latin America.