Ortega Archives

Zara founder Ortega triples investment in energy assets

September 3, 2024 mpsingh No Comments Business assets, Energy, Founder, investment, Ortega, triples, Zara

By Reuters Published Sep 3, 2024 Zara founder Amancio Ortega’s investment firm Pontegadea almost tripled its investments in renewable energy projects last year, building on its push to diversify the Spanish billionaire’s fortune beyond his fashion empire and real estate. Reuters According to 2023 financial statements filed with the Mercantile Register and seen by Reuters, [...]read moreZara founder Ortega triples investment in energy assets

The Marta Ortega Foundation to continue its cultural activities at the Port of A Coruña for the next 6 years

May 16, 2024 mpsingh No Comments Beauty activities, continue.., Coruña, Cultural, Foundation, Marta, Ortega, Port, Years

Translated by Roberta HERRERA Published May 16, 2024 The Marta Ortega Foundation’s cultural activities will remain anchored at the Port of A Coruña for the coming years. This was confirmed on Thursday, May 16, by the Official State Gazette (BOE) with the publication of the land concession at Muelle de Batería, granted by the Port [...]read moreThe Marta Ortega Foundation to continue its cultural activities at the Port of A Coruña for the next 6 years

Zara founder Ortega buys Luxembourg office building for $189 million

March 22, 2024 mpsingh No Comments Business building, buys, Founder, Luxembourg, million, Office, Ortega, Zara

By Reuters API Published Mar 22, 2024 Amancio Ortega, the Spanish billionaire and founder of the fashion group that owns Zara, has bought an office building in Luxembourg for 175 million euros ($189 million), his family’s investment vehicle Pontegadea said on Friday. Amancio Ortega Baltisse, an investment holding company belonging to Belgian entrepreneur Filip Balcaen, [...]read moreZara founder Ortega buys Luxembourg office building for $189 million

Zara founder Ortega buys Dutch warehouse leased to Primark for $110 million

January 12, 2024 mpsingh No Comments Business buys, Dutch, Founder, leased, million, Ortega, Primark, warehouse, Zara

By Reuters API Published Jan 12, 2024 Spanish billionaire Amancio Ortega has bought a logistics centre in the Netherlands currently used by rival British fashion retailer Primark for 110 million euros ($121 million), his family office Pontegadea said. Ortega the funder of Inditex Ortega, the founder of fashion group Inditex, which owns Zara, bought the [...]read moreZara founder Ortega buys Dutch warehouse leased to Primark for $110 million