Iberdrola's Tax Contribution in the Basque Country Grew 15% to 800 Million Euros

Source: www.gulfoilandgas.com 1/15/2025, Location: Europe

- The internationalization of the company has had a direct impact on Basque suppliers over the last 20 years, with annual purchases exceeding 3,300 million euros. More than 90% to companies in Bizkaia.
- Iberdrola is one of the driving forces of the Basque Country's economy and supports a total of 30,000 jobs.

The Executive Chairman of Iberdrola, Ignacio Galán, today held a meeting with the Deputy General of Bizkaia, Elixabete Etxanobe, at Torre Iberdrola Bilbao, the company's headquarters. The meeting is part of the regular meetings of the Chairman of the company with the authorities of the Basque institutions.

During the meeting, Ignacio Galán conveyed to the Deputy General of Bizkaia the company's firm commitment to the Basque Country. Iberdrola's fiscal contribution in 2024 has grown by 15% to nearly 800 million euros, 90% of which is in Bizkaia.

Iberdrola is one of the driving forces of the Basque Country's economy, with an impact on its GDP of 3.5 billion euros in investments, purchases, salaries and tax contributions. The company supports a total of 30,000 jobs in the Basque Country.

Iberdrola's internationalization over the last 20 years has had a direct impact on Basque suppliers, including companies such as Haizea Wind, Ingeteam, Ormazabal, Arteche or Siemens-Gamesa, with annual purchases exceeding 3,300 million euros. More than 90% to companies in Bizkaia.


Canada >>  2/14/2025 - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) reported fourth quarter 2024 financial results, reaffirmed its 2025 financial guidance ...
China >>  2/14/2025 - ZEEKR Intelligent Technology Holding Limited ("Zeekr Group") (NYSE: ZK), the world's leading premium new energy vehicle group, announced the closing o...

Japan >>  2/14/2025 - Eurus Energy Holdings Corporation (“Eurus Energy”) announced that Dohoku Wind Farm LLC, a group company of Eurus Energy, has completed construction of...
Norway >>  2/14/2025 -  The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 58.2 billion at the end of the fourth quarter 2024, after dividends pa...

United States >>  2/14/2025 -  The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared a quarterly dividend on the Utility's preferred stoc...
United States >>  2/14/2025 - Enbridge Inc. (TSX: ENB) (NYSE: ENB) has filed its Form 10-K for the year ended December 31, 2024, with the United States Securities and Exchange Comm...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.