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July 2008

	Investor Support will advise foreign investors on establishing themselves in Madrid. The Madrid city councils Agency for Economic Development, Madrid Emprende, has opened the Investor Support office in Vicálvaro. More information

	Spain moves ahead in the space race. Though things may not be going well for Spain down on Earth, up there the stars are in its favour. According to Proespacio, last year the turnover of Spains space industry surpassed 500 million euros for the first time ever. More information

	EPDG builds a business city in Madrid worth 650 million. Dutch development group, European Property Development Group (EPDG), has initiated the construction of Pegaso City, a business city in Madrid valued at 650 million euros and whose commercialisation will be carried out by Atisreal and Aguirre Newman. More information

	Spanish biotechnology increases its investment in R+D by 46%. The ASEBIO (Spanish Association of Biocompanies) Index maintains positive values for the third consecutive year, reflecting optimistic prospects for biotechnology development opportunities in Spain. More information

	SsangYong chooses Madrid as the location for its European headquarters. The brand chooses Madrid due to the citys excellent sales results over the last several years. From the Spanish capital, the company will obtain information on the European markets likes and trends, as well as collaborate more closely with its European distributors. More information

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