Masterclass
The rebound of Spanish companies investing abroad
How to manage international growth without pitfalls
Spanish outward investment is growing again after a period when disinvestments
exceeded investments
Tuesday 20 March 2018, Madrid
In the aftermath of a long recession at home, during which top Spanish
multinationals shed foreign-held assets to reduce debt levels, Spanish companies
are investing abroad again. However, such investments can be impaired by
adverse actions taken by host-state governments through sudden or gradual
changes in law or policy. In those instances, it essential for investors to know
their rights and remedies under the international legal framework of investment
protections.
Time
09.00am – 11.00am
Venue
Intercontinental Hotel
Paseo de Castellana 49
Madrid
Almost two-thirds of the total revenue of the blue chip Ibex-35 companies are now
generated abroad. Most of the investment abroad was made in the last 25 years,
and that gave rise to a core group of home-grown multinationals with significant
positions in the global market. Leading the group have been large construction
and infrastructure companies such as OHL, FCC and Ferrovial, as well as other
players, namely BBVA, Inditex, Santander, Telefónica, Repsol, Iberdrola, and others. Latin America was a natural
first choice for Spanish companies wishing to expand abroad, but more recently the wave of investment has
expanded to include a variety of established and emerging markets.
While infrastructure projects abroad remain highly attractive to Spanish companies, other sectors are catching the
attention of investors with an appetite for growth. However, business growth abroad, not matter how mature the
investor and markets are, remains a rocky road of political and regulatory risk.
The authors of the new book INVERSIONES ESPAÑOLAS EN EL EXTRANJERO: MECANISMOS DE
PROTECCIÓN and other legal experts and business leaders will discuss the international legal framework of
investment protections for expanding business and managing risk abroad.
Some of the issues discussed will include:
1. How do businesses handle economic and political risks when investing abroad?
What are the best methods for protecting investments abroad?
2. What are the biggest vulnerabilities for companies abroad? What are the best
business structures to initially consider when expanding internationally?
3. What are the lessons learned so far about preventing or reducing risk and
resolving disputes when investing in challenging jurisdictions?
If you are interested in this session please contact [email protected]
In collaboration with:
52 • IBERIAN LAWYER • January / February 2018
www.iberianlawyer.com