All entries located in Madrid (Spain), newest first. tag:eurotrack.ai,2026:en:en/regions/madrid 2026-10-21T06:00:00Z Eurotrack tag:eurotrack.ai,2026:74e1484b:en 2026-10-21T06:00:00Z

The vehicle Autobuses de Leon, backed by the Cosmen family (CMC Group, Mobico's largest shareholder with 26%) and Spanish fund Asterion, has put a non-binding cash proposal of 46p per share to UK bus operator Mobico. The independent directors are minded to recommend a firm offer on these terms, subject to documentation and due diligence; a firm offer must follow by 5pm London time on 18 Nov 2026 or the bidder walks away. Expansión puts the enterprise value including debt at about €2bn (Mobico, Rule 2.4 announcement, 21 Oct 2026; second source: Expansión, 23 Oct 2026). — Sources: https://www.investegate.co.uk/announcement/rns/mobico-group--mcg/statement-re-possible-offer/9833999 · https://www.expansion.com/empresas/transporte/2026/10/23/6ada74a4e5fdead95e8b45d0.html

tag:eurotrack.ai,2026:7c161f06:en 2026-10-01T06:00:00Z

Fresenius has bought the remaining 45% of Madrid-based biosimilars maker mAbxience from Insud Pharma and Invim Corporativo and now owns the company outright; the price is up to €750m, of which €50m depends on site approvals. Signing and completion took place on 30 September 2026 with no regulatory approval required; Fresenius had acquired its 55% majority stake in August 2022, and mAbxience is part of Fresenius Kabi's Biopharma business (Fresenius via EQS, 01.10.2026). — Sources: https://www.webdisclosure.com/press-release/fresenius-se-co-kgaa-etr-fre-fresenius-acquires-remaining-45-of-mabxience-for-up-to-750-million-taking-full-ownership-of-its-biosimilars-platform-oY1qbs86akF · https://mabxience.com/fresenius-completes-acquisition-of-mabxience-creating-a-stronger-platform-for-future-portfolio-expansion/

tag:eurotrack.ai,2026:2c9186c0:en 2026-08-01T06:00:00Z

Spanish energy group Endesa announced on 1 August 2026 that it will cut 230 jobs — around 1.4% of its Spanish workforce of about 16,500. The cuts fall mainly on structural and corporate functions; the company cites the adaptation of its business model to the energy transition and the growing digitalisation of its operational processes. €208m is earmarked for the programme (an average of roughly €900,000 per departure). The consultation period begins in early August with a first meeting on 8 August 2026 and is legally capped at one month; an agreement is targeted before year-end, with the first departures expected from the first quarter of 2027. Reported detail on voluntariness: the report cites sources saying participation is to be 'strictly voluntary' — unions CC.OO. and UGT are demanding explicit guarantees to that effect, along with commitments on generational renewal and against outsourcing. — Source: https://www.catalunyapress.es/articulo/economia/2026-08-01/5972592-endesa-reducira-plantilla-230-trabajadores

tag:eurotrack.ai,2026:eda11b60:en 2026-07-31T06:00:00Z

Norway's sovereign wealth fund (Norges Bank Investment Management) and Portuguese shopping-centre operator Sonae Sierra formed an Iberian joint venture on 31 July 2026 and simultaneously agreed to acquire eight Spanish shopping centres from Sociedad General Inmobiliaria de España (LSGI) for around €1.5bn. The portfolio, with over 250,000 sqm of gross lettable area, comprises La Vaguada, Gran Plaza 2, Plaza Norte 2, Plaza Río 2, Plaza Moraleja 2 and Plaza Loranca 2 (all in the Madrid area), Gran Vía 2 in Barcelona and Plaza Mar 2 in Alicante. Sonae Sierra takes over direct management of the portfolio and separately acquires 100% of management company SCCE with its more than 130 staff. The joint venture's ownership split was not disclosed; completion is subject to competition clearance. — Source: https://forbes.es/ultima-hora/992577/norges-bank-y-sonae-sierra-crean-una-joint-venture-y-adquieren-una-cartera-de-8-centros-comerciales-en-espana/

tag:eurotrack.ai,2026:9775552b:en 2026-07-28T06:00:00Z

Knorr-Bremse agreed on 28 July 2026 to sell Merak, its worldwide business in heating, ventilation and air-conditioning systems for trains, to OpenGate Capital; the group is sharpening its portfolio under its BOOST programme and expects a tailwind for the EBIT margin of its Rail division and of the group as a whole. Merak, headquartered in Getafe near Madrid, is expected to generate about EUR 360 million in revenue in 2026; all of its business activities and some 1,500 employees, concentrated in Europe with sites in North America, China and Australia, are to transfer. The price is not disclosed, and closing, subject to customary conditions and regulatory approvals, is expected at the end of 2026. (LOK Report, 29 Jul 2026) — Source: https://www.lok-report.de/news/deutschland/industrie/knorr-bremse-verkauf-des-weltweiten-geschaefts-mit-klimasystemen-fuer-zuege-an-opengate-capital.html

tag:eurotrack.ai,2026:0c130800:en 2025-10-10T06:00:00Z

On 10 October 2025, during a visit to Renfe's new high-speed workshop Fuencarral II in Madrid, Transport Minister Óscar Puente presented a workshop and maintenance plan for 2025–2030 worth €1 billion. It covers more than 60 planned workshops (ten of them already under construction or in the project stage), new sites in Almería, Irun and La Sagra among others, and three spare-parts logistics centres. The 18,900 m² Fuencarral II hall cost almost €100 million, doubles maintenance capacity for standard-gauge trains and was due to enter service before the end of 2025; new processes are meant to cut workshop times by 29% (LOK Report, 24 Oct 2025; second source: La Moncloa, 10 Oct 2025). — Sources: https://www.lok-report.de/news/europa/spanien/62338-spanien-1-mrd-eur-zur-modernisierung-der-wartungswerkstaetten-von-renfe.html · https://www.lamoncloa.gob.es/serviciosdeprensa/notasprensa/transportes-movilidad-sostenible/paginas/2025/101025-puente-talleres-renfe-millones.aspx

tag:eurotrack.ai,2026:11c4d863:en 2025-04-21T06:00:00Z

On 21 April 2025, Madrid Metro Line 3 was extended from Villaverde Alto to the new terminus El Casar, located in the Getafe Norte district of Getafe, a municipality south of Madrid. The new station offers interchange with Metro Line 12 and Cercanías commuter rail line C-3. The source does not state the extension's length or investment cost. — Source: https://en.wikipedia.org/wiki/Line_3_(Madrid_Metro)