Euromadi integrara la central de compras portuguesa Uniarme
Article Abstract:
In early September, 1998, Spanish-based central purchasing group Euromadi will set up a company in Portugal in order to absorb the largest retailer in the country, Uniarme, which has a yearly turnover of Pta 250,000mn. In 1999 Euromadi will take over supplier payment management and financial services and will absorb the company in the medium term. Euromadi has a 23.9% share of the market in Spain. In the long term, Euromadi plans to expand in Latin America, especially targeting Mercosur. In 1997 Euromadi managed business worth Pta 1,400,000mn and had 207 corporate members.
Comment:
Will set up a company in Portugal in order to absorb the largest retailer in the country, Uniarme
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Optimus rompe el duopolio movil en Portugal
Article Abstract:
A third mobile phone operator has begun activity in Portugal under the name Optimus. Partners in the Optimus consortium are the Sonae group, France Telecom and EDP electricity company of Portugal. The consortium hopes to turn a profit in three years after investments of Esc 130,000mn until the year 2001. The two other operators in the mobile phone market in Portugal are Telecel (controlled by AirTouch of the US) and TMN ( part of the Portugal Telecom group).
Comment:
Starts offering mobile communication services in Portugal
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: "Sera dificil bajar los precios de la telefonia local sin perder dinero" Lanueva Xey fusionada con Grumal ampliara capital en 5,000 millones
- Abstracts: Las grandes superficies, a favor de un 'codigo etico' con los proveedores Memory Set se integra en CHS como plataformapara iniciar su crecimiento
- Abstracts: BBV y Santander, a por otro banco en Brasil Bank Austria bewertet Ru land neu
- Abstracts: Kaiser and US Army tests head-steered sensor for vision enhanced night driving. Enhanced jammer attacks new markets
- Abstracts: chun tia beats rivals in region Diversification fuels 23% profit increase atKin Yat Toy, timepiece maker sees profit drop 63%