catalan way

Scott Sage (UK Investor): "Barcelona has been our focal point in Spain". A group of companies from the Catalan capital attended a meeting with investors in the United Kingdom.

CatalunyaCaixa won 109.1 million euros in 2010, 1.1% less than in 2009. The second Catalan savings bank is the result from the merger of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. The resulting savings bank currently has 6.9% of core capital, far from the needed 10% by next September. The savings bank already announced its plans to become a regular bank.

The Catalan Health Minister, Boi Ruiz, announced today that waiting lists will increase - with the exception of “life or death” situations. Hospitals will see their budget in health treatments and explorations decrease by 2%. In addition, the construction of new hospitals and health centres will also be put on stand by.

602,611 people were unemployed at the end of February in Catalonia, which is 2.2% more than at the end of January.

With the aim of fostering vocational training in Catalonia, the Catalan Government approved a decree to modify it today. All students will have to learn foreign languages. Combining studies and a job will be easier. Programmes’ curriculum will be adapted to sector needs and student requirements.

Spain saw 2010 end with 9.24% of public deficit; 4.97% corresponds to the Spanish Government, 3.39% to the autonomous communities and 0.64% to the local administrations. According to the Spanish Government, half of the autonomous communities saw the year come to an end far away from the objective of 2.4% - Catalonia included. The Catalan Government emphasised that the Spanish Government cut down the revenues of the autonomous communities.

Thanks to exports, 2010 was a great year for the Catalan cava industry. The total revenue reached 1,031 million euros, 10.87% more than 2009.

The industrial holding of the main Catalan savings bank, ‘la Caixa’, made 1,823 million euros of net profit in 2010. Criteria will be the embryo of La Caixa’s new private bank, which will be called CaixaBank.

The Spanish Government gave eight autonomous communities the green light to issue a fixed amount of new debt in order to refinance old loans. With this, Catalonia will be able to issue new debt of 1,866 million euros. However, 1,090 million of this will be used on old healthcare payments from 2006.

Top chefs such as Ferran Adrià, Carme Ruscalleda and the Roca brothers gave talks at the cuisine and gastronomy congress. The Fòrum Gastronòmic held in Girona is one of the top fairs of its kind in Europe.

The Catalan company, which manages transport infrastructures, increased its net profit by 6.1% in comparison to 2009. Abertis announced yesterday it would split its business in two different companies.

“We are not a peripheral region of the Iberian Peninsular, we are Mediterranean people very committed to Europe”, stated Artur Mas, President of the Catalan Government. Mas met with all the consular corps in Barcelona, which is one of the four non-capital cities with the most consulates in the world.

Despite volcanic ash clouds and air traffic controllers’ strikes The Catalan airline increased its net profit by 66% in comparison with 2009. In 2011, the company plans to increase by 15% its number of flights and passengers.

The net profit for last year illustrates a 0.5% increase in relation to the 2009. The Catalan multinational’s activities in Latin America grew by 30.4%. The energy giant is confident it will reach an agreement with the Algerian company Sonatrach on a pending issue on natural gas price adjustments.

The insurance group of the Catalan savings bank ‘la Caixa’ earned 19,5% more than in 2009. The acquisition of Adeslas is a positive result for the VidaCaixa Grup.