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Montebalito to Sell Assets Abroad and Invest €25 Million in Spain

Montebalito has drawn up its business plan until 2023, in which it plans to divest abroad to focus on property development in Spain.

Montebalito Records Losses of €3.9 Million in H1 2020

The listed company closed the first half of the year with losses of almost 3.9 million euros, despite increasing its income by 37% to 8 million euros.

Montebalito Records Losses of €1.8 Million in the First Quarter

The listed company recorded losses amounting to €1.8 million during the first quarter of the year.

Zurich Completes the Purchase of Popular’s Former HQ for €120 Million

In June, the insurer negotiated the acquisition of the former headquarters of the now-defunct Banco Popular, for around 120 million euros, according to market sources.