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IBDRY IBERDROLA SA SPON ADR EACH REP 4 ORD

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44.700 0.0000.00% Trading 09/29 09:30 ET
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About IBERDROLA SA SPON ADR EACH REP 4 ORD Company

Iberdrola SA is a holding company, which engages in the generation, distribution, trading, and marketing of electricity. It operates through the following businesses: Networks, Liberalized, Renewables and Other Businesses. The Networks business engages in the transmission and distribution of energy businesses, as well as those of any other regulated nature, originating in Spain, the United Kingdom, the United States and Brazil. The Liberalized business includes wholesale and retail of electricity in Spain, Portugal, the United Kingdom, Mexico and Continental Europe. The Renewables business involves the generation of electricity from renewable energy sources worldwide. The Other Businesses segment consists of group's supply and gas storage up to the moment of sale and other non-energy businesses. The company was founded by Juan de Urrutia in 1901 and is headquartered in Bilbao, Spain.

Revenue Breakdown

Business Unit:EUR
12/31/2022
Stock NameRevenueRatio
Clients34.94B64.76%
Networks18.36B34.02%
Renewable and Sustainable Generation10.32B19.13%
Corporation and adjustments-9.67B-17.92%

Comments

    Virtualware doubles its sales to $5,6 million in 2021

    Spain-based Virtualware, the leading European provider of virtual reality (VR) solutions for industrial and educational sectors, doubled its sales in 2021 to $5,6 million following the signing of several multi-year deals with international names operating in the energy and transport sectors.
    This year's expansion of Virtualware attests to the firm's sustained growth after the pandemic. It sets the stage for a thriving operation in the 2022 virtual reality market.
    Virtualware is one of the leading companies in the European immersive technologies landscape. Founded in 2003 by Unai Extremo and Sergio Barrera, the company was recognized as the world's most 'Innovative VR Company' at the latest edition of the VR Awards last month.
    The company, which has been working to provide virtual reality technology solutions for industrial sectors for 18 years, is regarded as a European pioneer in the industry. It currently employs more than 40 people and plans to increase its workforce by 10 percent in the first half of 2022.
    The firm has created over 500 VR-driven industrial solutions to date in 33 countries for large multinationals such as $ALSTOM UNSP ADR EACH REPR 0.10 ORD(ALSMY.US)$, Land Rover Jaguar, $IBERDROLA SA SPON ADR EACH REP 4 ORD(IBDRY.US)$, Petronas, Repsol, Bayer, and Merck.
    Virtualware doubles its sales to $5,6 million in 2021
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