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News

NOV 30, 2012

IE Business School sponsors third edition of Excellence Awards for Portugal-funded firms in Spain

Galp Energia, Naturgas Energia e Distribuição and Sierra Shopping Center were the recipients of the 2012 Excellence Awards for Portugal-Funded Firms in Spain, held in Madrid and sponsored by IE Business School.

Participants in the event included the Minister Counselor of the Portuguese Embassy in Madrid, together with key figures from the world of business and economy in Portugal and Spain.

The competition organizers based their evaluation on criteria like productivity, growth, job creation and financial independence, as well as the overall performance of Portuguese-funded companies in Spain. There are currently 600 such companies in Spain, with an aggregate annual turnover of more than 11,400 million euros.

“These aim of these awards is to give well-deserved recognition to Portugal-funded companies in Spain. IE is present in Portugal through its Lisbon-based office and its large alumni network, as well as partner firms and institutions. We are sponsoring these awards  because we want to show our firm support for foreign companies that create jobs and generate wealth in Spain”, said Carla Inagaki, Director of Master Programs at IE.”