Bankia posted record losses of €19.193 million for 2012, six times the €2.979 million it lost in 2011. The parent company, BFA Bankia, closed 2012 with a loss of €21.238 million.
Hostelry trade report huge losses as a result of the new smoking laws
The president of the Federación Andaluza de Hostelería, José Manuel Ledesma, has stated that the industry has suffered heavily in the first week of the smoking ban in cafes, bars and restaurants.
Spotify posts 16 million loss for 2009
The Swedish online music streaming company Spotify has published its 2009 financial accounts, showing total operating losses of £16.4 million during 2009 a net loss rising to £16.66 million after tax.
Torrox car park losses mounting up
La Almedina underground car park in Torrox Pueblo, built at a cost of €7 million and opened in December 2008, has accumulated losses of over €1 million and both the Council and the concessionaire are exploring solutions to the situation.
Torrox car park losses increasing
La Almedina underground car park in Torrox Pueblo, built at a cost of €7 million and opened in December 2008, has accumulated losses of over €1 million and both the Council and the concessionaire are exploring solutions to the situation.
Agricultural losses in Andalucia
Provisional estimates by the Department of Agriculture and Fisheries put losses in the agriculture and horticulture sectors as a result of the bad weather at around 30%.