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Vivenda Group S.p.A. ( (IT:VVG) ) has provided an update.
Vivenda Group S.p.A. has announced the establishment of Vivenda Adv Es in Barcelona, marking a significant step in its international expansion strategy. This new venture aims to introduce Vivenda’s zero-cost sponsored restoration model to the Spanish market, which currently lacks such offerings. The initiative is part of Vivenda’s broader European expansion plan to consolidate its position as a leading operator in the OOH advertising sector. The move is expected to enhance Vivenda’s market presence and leverage Spain’s high potential for Out Of Home Advertising, aligning with the company’s growth strategy outlined during its IPO.
More about Vivenda Group S.p.A.
Vivenda Group S.p.A., founded in Rome in 2006, is a prominent player in the Out Of Home Advertising (OOH) and Digital Out of Home Advertising (DOOH) sectors. The company specializes in large-scale advertising installations in high-visibility public locations and operates through four main service lines: OOH Advertising, Architecture, Legal & Financial Advertising, and Real Estate. Vivenda’s core business involves zero-cost sponsored restorations, financing the restoration of valuable works and buildings through advertising revenues. The company has expanded internationally, with operations in Dubai and now Spain.
YTD Price Performance: -21.90%
Average Trading Volume: 23,955
For an in-depth examination of VVG stock, go to TipRanks’ Stock Analysis page.