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welcomes the improvement of tourism gaining 31% more in 2010

Sol Meliá hotel chain recorded in the financial year 2010 attributable profit of 50.1 million euros, representing an improvement of 31.4% over the previous year, when he won 38.1 million the company said in a statement released a National Commission Securities Market (CNMV).

The group's operating profit reached 141 million euros, representing an improvement of 34.9%, while profit before tax came to 63.9 million, 18.5 % more. The turnover of the hotel chain Balearic reached 1,250 million euros, representing an improvement of 8.8% over the previous year.

The chain emphasizes the positive development of the hotel business during the fourth quarter, an increase of 13% of the revenue per available room (RevPAR) and significant improvement in EBITDA. According Melia, these figures confirm the trend of the whole exercise, highlighting the growth of European capitals and the Canary Islands.

During the whole year, the company recorded an increase in average revenue per room of 8.9%. This, combined with the intense cost optimization program developed in 2009 explained the positive development of the Sol Meliá hotel EBITDA, which increased by 15.9%.

investments include 2010, the group said it would continue with strategy of valuing its hotel brands, with 27 hotels in the process of incorporation for the next 3 years, mostly under formulas such as management contracts.

geographical markets, Sol Melia says that prioritizes the expansion in those areas where it has competitive advantages, aware of the "boom" of Latin America and Europe will continue, despite its lower relative growth, the main tourist destination in the world. Also, the chain stresses its commitment to grow in the Asian and American markets, the Middle East or exotic holiday destinations like Sal Island, Cape Verde.

Looking to 2011, the company expects an increase in RevPAR of mid to high single digits, "consolidating the positive trend in volume and price improvement, with the slowdown in new hotel planned in key markets." Among the projects, Sol Melia noted that it is developing two five star resorts and 906 rooms in Playa del Carmen (Mexico). The complex will be developed in an area of \u200b\u200b290,000 meters and the planned investment will amount to $ 83 million.

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ANNUAL BENEFITS: Repsol tripled its profit in 2010 up to 4.693 million by rising crude

This Thursday is a day of publication of annual results in large companies in the Ibex 35 and communicated to the National Securities Market ( CNMV). Among them, two "blue chips" of selective, Repsol and Iberdrola, although others have been held accountable to the market.

- Repsol.

oil company posted a net profit of 4.693 million euros in 2010, three times the result achieved by the oil company in 2009, was 1,559 million euros, has informed the company that presides over Antonio Brufau to the National Securities Market (CNMV). The oil company has attributed this "significant increase" of the benefit to the "smooth running" of all business and results of the capital of its Brazilian subsidiary, signed in full by China's Sinopec, reported Ep.

Excluding extraordinary items, recurring net profit in 2010 Repsol improved 54.9%, reaching 2,360 million euros. For its part, the result of operating income The company last year amounted to 5.213 million euros, a rise of 66.7% compared to 2009.

- Iberdrola.

The power of Basque origin in 2010 earned a net profit of 2,870 million euros, representing an increase of 1.6% compared with 2009, when he won 2.824 million as a result of " the lowest results, net of tax atypical. " However, the utility said that it is the largest net profit recorded in its history. According to the company told the National Commission Market Valores (CNMV), its turnover was EUR 30.431 million (+17.5%) and Ebitda rose by 10.5% to 7.528 million euros.

- Iberdrola Renovables.

renewable subsidiary of Iberdrola, the world leader in wind power, reported a net profit in fiscal 2010 from 360 million euros, up three percent from the previous year. For its part, the gross operating profit (Ebitda) of the company amounted to 1455.7 million euros in the period, 9, 8 percent more than in 2009, reported by the bank said in a statement.

- Antena 3 .

Antena 3 Group achieved a net profit of 109.1 million euros last year, representing an increase of 79.6% over the previous year, largely due to improved publicitarios.El income advertising market grew by 3.8%. The group's net bank debt was 99.8 million euros compared to 180.2 million in 2009, representing a reduction of 80.3 million. The television business contributed a EUR 687.7 million to group turnover, 13.8% more while the radio business contributed a profit of 20.6 million euros, 0.5%, and net income of 90.3 million euros, 1.9% more.

- Telecinco.

Telecinco posted a net profit of 70.5 million euros, representing 45.6% more than in 2009, when he won 48.4 million euros. Revenue rose 30.3% in 2010, to 855.1 million euros and income margins improved over the previous year, with a gross operating profit (EBITDA) adjusted 228 million euros.

- Abertis.

Abertis posted a net profit of 662 million euros in 2010, representing an increase of 6.1% compared to last year, said Thursday the dealership. Since the company indicated that the "positive" developments of traffic on the motorway network outside Spain, the ability to generate cash flow, control costs and "good behavior" of the contribution of the satellite sector "are the keys the year 2010. "

- Abengoa .

Andalusian The company reported a net profit of 207 million euros in 2010, representing an increase of 22% over the previous year. The group achieved sales of 5.566 million euros, up 34%, while gross operating profit (EBITDA) stood at 942 million euros, 26% more than in 2009. The total debt ratios and corporate kept slightly below 2009.

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PANAMA: White supports the hundreds of Spanish companies interested in the Plan Panama Infrastructure

Development Minister, José Blanco, Panama has backed more than one hundred English companies interested in participating in the Infrastructure Plan that develops in the country with an investment of 10,000 million dollars (about 7,300 million euros) through 2014.

"I can proudly say that English companies are leading in many areas, are competitive and are reliable. They employed highly qualified men and women who are responsible for that, today, English is spoken when it comes to high-speed railway, a modern architecture, renewable energy or telecommunications, "White said during his speech at the infrastructure forum held in Panama.

Development As reported in a statement, it is the first meeting of this kind, involving local authorities and English, which is held in a country Central.

The forum's objective is that the English companies to experience first-hand public works projects to be developed by the Government of Panama. This should have been attended by four ministers of the country, senior officials, members of the English government and some 140 representatives from over a hundred English companies.

COME TO STAY.

Speaking at the conference, White thanked the Government of Panama for its confidence in Spain and in business English, many of them with a presence already in the country with leading civil engineering works such as the expansion of the Panama Canal (Sacyr) and construction of underground capital (FCC).

"I have no doubt that these companies and others that come in the future, are here to stay and to enable their effort and knowledge that bright future that all augur to Panama, "said the minister.

Blanco's participation in this forum is part of the official visit to Panama that develops from last Sunday, and concludes on Tuesday with a visit to the redevelopment of the Panama Canal. On Monday the head of Public Works met with the president, Ricardo Martinelli, and visited the construction of the metro.

Via Europapress

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For most moms, the year begins in March. The sweet routine takes over children and, finally, we again have 10 minutes to go to the bathroom without anyone open the door.

So, now that March is close behind us is a good time to raise the objectives of 2011. Here's mine:

1. Spend less time working and more girls (a little, not exaggerate!)

2. Minimize the intake of junk food

3. More often travel to Buenos Aires to see the family

4. Renew my driver's license, for the first time they have beaten me

5. Do not argue with my mom (haha, I'm laughing alone)

6. Work the concept of patience (utopias are valid, why not)

7. Operate the breasts (just to give pain to my raisins! Besides, I come with the natural wave. What's natural filling of push ups without which encouraged me to go out or the corner?)

8. I remember not having more children. Is that Malenita is growing too fast and I have a theory that's when our guard is down women and backslide, even though we know what awaits us.

9. Traveling alone with my husband to celebrate ten years of marriage

10. meet at least three of the nine objectives listed

... what do you have in mind?

2011 Odyssey Front Plate

Isolux awarded a power project in Gabon by ACS

Isolux has been awarded a construction project electrical installations in Gabon for an amount of 34.6 million euros, according to the group.

The contract will allow the company to boost its internationalization and enhance their experience in developing such facilities in Africa, where he now runs similar projects totaling 150 million euros .

jobs now target achieved electrify 33 towns in Gabon. To do this, install 200 kilometers of power lines and a transformer substation.

The work, which has a deadline of thirty months, ensure the power to more than 10,000 people in rural areas currently without energy supply.

The project is part of the modernization plan developed by the Government of the country to promote economic development and improve the quality of life of citizens.

Isolux view, this contract will strengthen experience that the company has in implementing this type of work in Africa. Currently running similar projects, totaling 150 million euros, in Mauritania and Angola, as well as in Gabon, in addition to those already made in seven other states for $ 100 million.

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34.6 million awarded two roads in Arizona for 166 million euros

ACS has been awarded the construction of two roads Arizona (United States) for a aggregate amount of 166 million euros, according to the group that includes Europe Press.

With these projects, the company president Florentino Perez strengthens presence it already has in the construction market in the United States.

contracts entail the execution of a stretch of highway 303, between Peoria and Mountain View, valued at 100 million euros, and a highway 202 (the linking I-10 with Gilbert), budgeted at 66.11 million.

The works are part of the Regional Transportation Plan of Arizona, which includes an investment of 9,000 million dollars (about 6,700 million euros) in the coming years in building new roads and improvement of current.

With these contracts, ACS and strengthens its international presence in the U.S., a strategic market in its policy of internationalization, where the company already has more than twenty offices .

In 2009, activity in this country, the group reported revenues of 624 million euros and 25% (2,824 million) of total contract portfolio of the group.

ACS has achieved in recent years, various contracts in the works to expand the subway in New York, among which the construction of an underground station on Second Avenue in Manhattan by about 325 million euros, and the extension of Line 7 (about 1,500 million).

also through its subsidiaries builders in the country, participates in the construction of the East Side Access, a project of 850 million euros that will directly connect Long Island and east of Midtown Manhattan.

addition, construction and services group has three concession highways and water treatment plants.

In its 2009 annual report, ACS and said the United States would "continue to be in the coming years a relevant market and growth for the group" in the areas of infrastructure development, civil works, with the ultimate goal of "maintaining an appropriate level of internationalization and diversification to increase profitability and reduce the risk of construction activity."

Via Europapress

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METRO: FCC begins work on Panama meter

FCC has begun construction of Subway Line 1 Panama, a project budgeted at 1,000 million euros and the group claimed last October in partnership with Brazil's Odebrecht.

The start of works announced by the Panamanian Minister of Public Works, Federico Suarez, a week before the announced visit of Minister of Public Works official, José Blanco, Central American country.

subway construction is the third largest civil engineering contract that Panama launches in recent years, and given the fact that the previous two were also awarded to groups English.

Sacyr managed the construction of the third set of locks of the Panama Canal expansion and FCC's second largest contract of this historical work, access the Pacific.

The metro Panama is also the first mass transit system of its kind to be run in the area. With its construction, the country seeks to modernize public transport in the capital and replace the use of buses for more than four decades working in the capital.

The project involves the construction of a subway line nine miles in length, plus eleven stations, some of them on the surface.

The route runs from north to south and joins the center of Panama City to the suburbs to the east. It also links the national bus station to the mall 'Los Andes', located to the north.

is envisaged that the metro line has the capacity to carry more than 15,000 people per hour and direction only in the beginning of exploitation, but is expected to rise to 40,000 users on the horizon of 2035.

The FCC and Odebrecht consortium running the project is completed as a subcontractor supplier Alstom trains. The work, which is scheduled to start in January in order to be ready in December 2013 with funding from the Inter-American Development Bank (IDB) and the Confederation Andina de Fomento .

CENTRAL AND METERS.

The project consolidates the business of FCC in this Central American country, where the group chaired by Falcones been executed in recent years important works. It also reinforces the group's experience in railway construction projects of all kinds, and particularly metropolitan railway.

In this sense, has implemented various sections of the suburban Madrid and Barcelona, \u200b\u200band currently builds the Málaga metro. Abroad, has participated in the construction of the Lisbon Metro in Athens and currently participates in the New Delhi and Singapore.

FCC also recently awarded, in consortium with OHL, the redevelopment of the Metro Toronto, for an amount of 304 million euros.

Via Europapress

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NEW YORK: OHL achieves contract New York Metro 132.7 million

OHL has been awarded a works contract Metro New York for an amount of 176.5 million dollars (about 132.7 million euros), the company said construction, services and concessions.

The project marks the entry of the group that controls and chairs Juan Miguel Villar Mir in the works of the suburban American city. It also strengthens its presence in the United States and its internationalization.

also is the first contract OHL achieved through Judlau Contracting, one of the builders it has in the United States since he took control last November.

This new U.S. subsidiary of English construction group has just come out with another contract in the city of skyscrapers, the improvement of the Henry Hudson Bridge, which connects the West Side of Manhattan with Bronx, for $ 32.8 million (about 25.4 million euros).

As for the Metro project, is implementing the rehabilitation and expansion of the Street Station 63 (the 63 Street Station), to allow passage of new rail line under the expansion program This suburban.

The works require, among other actions, the construction of six new levels in a cave over 35 meters high located east of the current season. These levels will house the technical equipment required for mechanical and electrical operation of the new season, plus all the facilities for the operation of the new area of \u200b\u200bcontrol.

addition, this project, part of Avenue Subway Program '2 ', integrates all entrances, elevators and access needed to connect the platforms to street level.

BRIDGE BETWEEN MANHATTAN AND THE BRONX.

Regarding the bridge works, include the construction of a new pedestrian access (following demolition of the existing, currently out of service), security and lighting facilities, repairing structural elements (beams, columns and elements of assembly), and the replacement of devices antis, among other repairs.

This bridge recorded a traffic of 35,000 vehicles per day and this work is to facilitate pedestrian access with enhanced security.

With this new contract in the United States, OHL takes another step in its internationalization strategy, through which, at the end of last September, the group obtained the foreign market, 67.3% of total sales and 94.6% of Ebitda.

The company said then its expectation that these rates will continue grow in the future, as international business and then in September copaba 91% of its portfolio of contracts outstanding long-term run, and 56.4% in the short term.

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GAS: Repsol enters the Asian market for natural gas

Repsol YPF has signed a contract with state-run Korea Gas Corporation (Kogas) to supply liquefied natural gas (LNG) to the Asian market from its plant in Peru, announced the oil in a statement.

This agreement, which came into force in January, includes the supply of 1.9 bcm (1,900 million cubic meters) of LNG, equivalent to annual supply one million homes.

Repsol provide liquefied natural gas from the liquefaction plant associated with the Peru LNG project, the production of the oil sold exclusively English.

This contract marks the entry of Repsol in the Asian market for liquefied natural gas, according to the group chaired by Antonio Brufau, reinforces its leadership position in the supply of this product.

Repsol is the fourth largest supplier of LNG in the world and has a dominant position in the Atlantic basin, which supplies gas to Europe and the United States from Trinidad and Tobago.

During 2010, the company sold 9 bcm of gas equivalent, and plans to increase this volume by at least 50% in 2011 following the launch of Peru LNG. Repsol sold exclusively plant production in Peru.

Two thirds of this production will go to the terminal of Manzanillo, on the West Coast of Mexico, which is scheduled to start operation for the fourth quarter of this year. The plant, with a nominal capacity of 4.4 million tonnes a year, can process 17 million cubic meters of gas per day, equivalent to approximately 15% of consumption in Spain.

The complex has two major storage tanks Peru, 130,000 cubic meters capacity each, and a marine terminal for more than a mile that can handle ships with capacities between 90,000 cubic meters and 173,000 meters cubic .

natural gas supply comes from the Camisea field, in which Repsol also participates with 10%, and is carried through a pipeline 408 km long whose construction is part of the Peru LNG project.

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The first amphibious ship built by Navantia for Australia will be launched on Thursday

The first of two amphibious ships commissioned by Australian Government, the English construction Navantia - In a contract worth 2,500 million euros - will be floated next Thursday 17 at Ferrol, in an act that will be attended by Chief of Staff of Navy, Admiral Manuel Rebollo mgeneral Garcia, and the head of the Royal Navy Australian Vice Admiral Russ Crane.

Executive For Australia, the launch of this strategic projection ship (LHD) - the class of Juan Carlos I - "marks a milestone in relations" between the two countries, because it is the "first formal culmination of a series of defense projects undertaken by companies English.

In a statement, Australian Embassy in Madrid stressed that the English construction company has completed the hull of the LHD "before agreed in the contract and within budget. The Royal Navy English (ANC, for its acronym in English) is expected this ship to enter service in 2014, under the name of HMAS Canberra.

Navantia was awarded the construction contract and equipment of the hulls of LHD in the shipyards of Ferrol and Fene, which is then transferred to the shipyard in Williamstown, in Australia, where BAE Systems to equip Australia end - about 25% of the project - which involves the construction of superstructures and much of the installation and integration of combat systems and communications.

Both LHD will be "the largest warships ever operated by the RAN ." Each one will have the capacity to carry up to 1,000 soldiers and 400 people, including sailors and support staff, plus 150 vehicles. Have six helicopters making points along the entire flight deck and transport up to 24 helicopters Army and Navy.

"DESIGN AWESOME"

Australian Ambassador, Zorica McCarthy, remember that Navantia excelled in the international bidding process for "distinguished himself by offering ingenious design brought together, so impressive, Australian multiple needs in a single vessel. "

The English company's success was repeated in 2007, when it became a contract to build three air defense destroyers, Millions worth of 6,000 euros, based on the F-105 frigates d ela Navy, being built in Australia to design Navantia.

The embassy also recalls that the English industry collaboration was completed in the aviation sector when, in 2004, EADS-CASA (now Airbusy Military) was awarded a contract to convert five aircraft Airbus 330 military transport aircraft and tankers, multipurpose (worth 1,500 million euros).

Thus, in the last three years Australia has spent about 10,000 billion in defense contracts awarded to English companies. Looking ahead, Australia has an extensive list of proposals for military procurement.

Specifically, Navantia "is a candidate" for a competition for the acquisition of twelve submarines. Also competing as Australian Embassy, \u200b\u200bfor bidding on multi ocean patrol boats and replacement of ANZAC class frigates.

Via Europapress

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President Phone calls to make Europe "an alternative" Silicon Valley

President of Telefónica, César Alierta, has called on Friday to make Europe "an alternative" Silicon Valley as "undoubtedly" the creative and innovative in Europe is "as strong" as the United States.

Alierta visited Zaragoza to give the presentation "The new digital world 'and in statements to the media, stated that" the world ever going to be digital and is a great opportunity. "

" The largest contributor to productivity growth across the ICT world are almost 40% the increase in productivity in the western world is due to ICT and are those that can help accelerate the growth trend in the economy of all countries, "he said.

, Telefonica's president has referred to the European Fund for Innovation , proposed by the company. "We found a receipt positive by some national governments and EU "he explained.

" Europe is very strong to operate telecommunications in the technology sector has companies very important as Siemens, Nokia and Ericsson among the 15 largest in the world. On the topic of enterprise software has a very important company and undoubtedly the creative and innovative capacity of Europe is as strong as the United States. We all have to make Europe an alternative to Silicon Valley, "he admitted.

Also, Alierta has indicated that European companies "are willing to act to create incubators to develop new services and applications and I think that is also what the EU thinks and major governments of the EU ". In the case of Telefonica, the manager reported that "it is encouraging application service incubators in Europe and Latin America, we promote a lot of 'campus party' and we must continue working on this, more is better."

On the current situation of the company, has stated that the rate of growth of Telefonica in Spain is not as high but added that the worst of the crisis has passed around the world, including Spain, and is "clearly" an economic recovery. "Telefónica generates more is in Latin America and in Europe, we are positive, the worst part already happened and we are in a recovery phase."

PRESENCE

He added that Telefonica is deeply American but has an advantage when others Latin America were at the beginning of the decade, we invested a lot and stability in Latin America is tremendous and expectations for the next 4 or 5 years are phenomenal. "

As implementation in China, has declared that it Alierta "phenomenal." We'll get to be 9.7% of China Unicom, we enter 2005 and we are very happy, we will raise the share to 10%, I am counsel and a shareholder of China Unicom, Telefónica, has 1.5%, "he clarified.

From their point of view China's presence is "fundamental" because "an alliance with the largest country in the world is a very positive and I want to emphasize that in general all English firms have to better understand their culture and Western China The meeting point is very positive for both. "

Via Europapress

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Wine: Bodegas Vega Elder (DO Toro) opened its first office in China

Bodegas Vega Elder, family business Designation of Origin Toro has signed a joint venture with China's Import & Export Qingtian Ouyuda and opened its first office in the city of Qingtian in the state of Zhejiang (China).

According to Europa Press reported sources of this winery, the goal is to open about 20 franchises in major Chinese cities over the next two or three years.

All franchises have the same decor and are a reflection of the shop-office Castilian-style original is in the facilities of Bodegas Vega Elder.

In establishments created in this joint venture Hispanic China also aims to market the wines, to educate the Chinese consumer in the consumption of quality wines through tastings and courses learning.

"This joint venture is shared with Bodegas Garvan, of Toledo, which will occupy the segment of cheap wine and other olive oil companies" have indicated the same sources.

The official opening of this office located in the "economic and financial heart" Qingtian City, took place on Jan. 29, "date very representative as one of the last days Chinese year and be one of the periods of greatest consumption. "

For this reason he traveled to China Wenceslas Gil, one of the owners of Vega Elder, who took the opportunity to learn about Chinese customs and visit the new franchises that are enabling these dates, such as Beijing, Hangzhou, Wenzhou and Lishui.

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