The Port of Bilbao Stowage and Unloading Society, Bilboestiba, has denounced today that the employment of thousands of people and the future of hundreds of companies is currently compromised for the attitude of “little more than three hundred stevedores” and has asked the institutions that “impose the law” in the port of Biscay after a […]
Tag: Basque Country
Freedom and Covid-19
For men, freedom is not a sacred value, despite the fact that the notion that we have inalienable rights, prior to the existence of the State, is common in democracies. This was already known, but the pandemic has shown how, depending on their personal circumstances and the level of information, citizens are more or less […]
Kutxabank closes the third quarter with 160 million benefits, 40.1% less, but allocates 277 million to endowments
The group Kutxabank has obtained at the end of the third quarter of 2020 a net profit of 160 million euros. This is 40.1% less than in the same period of 2019, but in the first nine months of the year, the group has allocated to endowments 277.4 million euros, 146 million more than in […]
Tubos Reunidos waits nine months “very, very difficult” but says it will keep employment
The Tubos Reunidos Group expects that the last quarter of 2020 and the first half of 2021 will be “very, very difficult” for the company, although does not contemplate reducing employment in their factories. The president of Tubos Reunidos, Francisco Irazusta, and the CEO, Carlos Lopez de las Heras, have analyzed the situation of the […]
Gestamp recovers in third quarter but loses 92 million until September
The Gestamp group lost 92 million euros in the first three quarters, compared to the profit of 128 million in the same period last year, although in the third quarter it gained 28 million, the same figure as in 2019. In the third quarter, Gestamp had a “solid” result by repeating the profit of the […]
The longshoremen of the Port of Bilbao extend the strike until December 9
The Coordinadora, UGT, LAB and Kaia unions, with representation in the stowage and unloading society of the Port of Bilbao Bilboestiba, have presented a new notice to extend the strike called among the stevedores until next December 9union sources have informed Efe. Since last October 9, the 317 stevedores of the workforce are called […]
Guuk incorporates Caja Rural de Navarra to its shareholders
Telephony operator Guuk has incorporated Caja Rural de Navarra into its shareholding. The financial institution enters the capital with 10%. More Mobile and Dominion, Guuk’s original partners headquartered in the Basque Country, retain 64% and 26% of the shareholding, respectively. With the incorporation of Caja Rural, Guuk “reinforces its roots and commitment to the Navarrese […]
BBVA believes that the Basque economy will grow less than the Spanish economy next year, and warns of the uncertainty generated by the new restrictive measures
The new state of alarm and mobility restrictions will have a hard impact on the recovery of the Basque economy, with a degree of uncertainty about the future, which greatly affects the evolution of the economy. From the outset, BBVA reduces the chances of recovery for the Basque economy in 2021, which they consider could […]
MatricerÃas Deusto and GTS workers, from the Gestamp group, remember the economic face of the pandemic in the streets of Bilbao
The workers of MatricerÃÂas Deusto Y GTS, the plants located in Zamudio that belong to the Gestamp group, have recalled in the streets of Bilbao the other side of the pandemic, the economic one. The multinational group does not seem willing to back down and wants to close both plants, which means the dismissal of […]
The Valencian Community will be one of the fastest growing in 2021 but without recovering pre-Covid levels
 The summary of the economic horizon that is looming could well be the following: the regions that in this year of the pandemic have managed to withstand the storm somewhat better will see a weaker recovery in 2021. It is one of the conclusions of the BBVA Research Regional Observatory for the fourth quarter, which […]
