Mercadona is a distribution company operating in the supermarket segment. It is backed by 100% Spanish capital and its CEO is Juan Roig. Nationally, it is present in 46 provinces in 15 autonomous communities with a network of 1,264 supermarkets (18/12/09).
In 2007, Mercadona achieved a turnover of 13,986 billion euros, an increase of 15% over 2006. Its facilities and customers are attended by more than 62,000 individuals throughout the different stages of the process, 100% of which have permanent job positions. Its supermarkets have an average of 1,300 square metres of retail floor space and are based on a model of urban commerce that is close at hand with an ample selection in fresh and dry groceries, beauty and household supplies as well as pet food.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.