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Transportation in Spain

  • Alstom-led consortium awarded $2.88 billion Dubai metro extension

    FRANCE, 2016/08/31 Dubai's transport authority announced Wednesday it had awarded a French-led consortium a $2.88 billion arrangement to extend its metro network to the site of the Expo 2020 world trade equitable. The consortium, led by France's Alstom Conglomerate and as well inclunding Spain's Acciona and Turkey's Gulermak, will construct a 15 kilometre (nine mile) extension to the site of the equitable, a statement said. Alstom will supply 50 trains, 15 of them for the new extension and 35 to upgrade existing services, the statement said.
  • The Spanish shipping sector

    EUROPEAN UNION, 2013/07/19 The Spanish shipping sector will have to pay back national aid received between 2007 and 2011. The EU Commission made this decision Wednesday next investigating the country's tax scheme adopted in 2002 for investors financing ship purchases, which was found to be partially compatible with EU regulations on national aid. Competition Commissioner Joaquin Almunia said that ''economic interest groupings (EIG) and their investors have benefited unlawfully from tax advantages, which they must presently repay to the Spanish national.'' In practice, the economic interest grouping - which the European Commission was at no time notified of - acts on behalf of the maritime transport company by purchasing the ship and acquiring it on a financial leasing basis, again paying it off in the three to five years next work starts on its construction.
  • The Spanish Foment minister, Ana Pastor

    ANGOLA, 2012/11/06  The Spanish Foment minister, Ana Pastor, said on Wednesday in Luanda that the signing of cooperation accord in the fields of merchant navy, ports and air transports between Angola and her country is an significant landmark in the relations of the states. The official said to the press next the signing ceremony of the referred accords.