Business

Goods transportation is increasing at Barcelona Airport since it experienced a drop in 2009 due to the global economic crisis. Two companies have already announced that they will establish their services in the area. Barcelona Airport transported 104,280 tonnes of goods in 2010.

The board of the Catalan savings bank decided to “temporarily” use public capital in order to meet the new requirements in the sector. This move means it will reach 10.4% of ‘core capital’. Private capital is expected to increase its share “in the medium-term”.

Foreseeing a negative decision the Catalan Government already modified the law in 2009. The sentence declares illegal certain aspects of the law approved in 2005, such as conditioning the establishment of large retail centres to the expected effect on existing small businesses in the area or on the market share.

The French train manufacturer plans to lay off 1,380 employees at its plants in Germany, Italy and Spain. Alstom’s Spanish factory, which has 900 staff members is located in Santa Perpètua de la Mogoda, in the Barcelona Metropolitan Area.

The Catalan pharmaceutical and chemical company was identified in a Wikileaks cable from the U.S. State Department as one of three strategic items the United States had in Spain, together with the natural gas pipeline from Algeria and the Gibraltar Strait. Grifols leads the blood plasma-based products’ market in Europe and is expanding its U.S. presence.

The technology multinational will open a Customer Centre in the Scientific and Technological Park of Lleida to serve the entire Iberian Peninsula and international clients.

The strike threatened by Spanish airport staff was finally cancelled as an agreement was reached between the ministry and trade unions. Air Berlin announced a flight increase in Barcelona: 38 flights per week will link the Catalan capital with Düsseldorf. The Spanish Minister for Transport insisted that the tender process to manage the airport will be issued before the end of the year.

The company sells high end clothing on the Internet. It distributes over 25.000 items of clothing daily amongst its 3,7 million clients. The centre will deliver on demand from Spain and Italy.

The new employees hired will be people currently out of work. The Spanish car manufacturer, which is part of the Volkswagen group, has its factory in the Barcelona Metropolitan Area. SEAT will for the next five years invest 300 million euros annually.

However, the Catalan bank does not close the door to integrating a financial entity in the future. Banc Sabadell wants to take advantatge of the restructuring process of the financial system to grow throughout Spain, told its President Josep Oliu.

The Director of ESADE’s Master in Finance, Jordi Fabregat, recommends that Catalan savings banks speed up its transformation into private banks in order.

The company will initially invest between 12 and 14 million euros in a logistics centre, with an expansion possibility in the near future. The Chinese multinational company specialising in the tire, rubber and shoe industries chose Barcelona as its base to enter the European and North African markets.

Production will be transferred to the country of origin of the group, Italy. The Catalan motorbike brand Derbi was bought in 2001 by Piaggio. The decision affects more than 230 jobs.

Ryanair’s CEO, Michael O’Leary urges the Catalan Government to pay 11,5 million euros to the airline if it wants Girona’s airport to see all its Ryanair flights back from October onwards. O’Leary says that the Irish company cancelled 28% of its routes from Girona for the Spring/Summer season due to the “lack of commitment” from the new Catalan executive.

At the end of January, the Japanese motorbike company announced its decision and this week it issued its mass layoff plan. Yamaha will concentrate all its European production in its French factory. The Catalan factory was making profit and trade unions have stressed that the decision is only based on the company’s strategy. Yamaha will keep its commercial offices in Catalonia.