companies

Barcelona’s office rental sector is improving after years of decline. Real estate company Inmobiliaria Colonial has set the tone by releasing 23 million new shares. Colonial is one of Europe’s leading companies in the office rental market and besides the new shares, they have also bought the main office of food multinational company Gallina Blanca. The property, positioned on L’Hopitalet del Llobregat’s Plaça Europa, one of Greater Barcelona’s business districts, has an area of almost 5,000 square metres and has been sold for €10.4 million. The shares and the purchase both belong to a new strategy to recover from the crisis and get the market back on track.

The multinational Catalan fragrance company Puig has won its perfume imitation lawsuit against Saphir, a company from Zaragoza dedicated to commercialising imitations of known fragrances. The Trademark Court from Alicante found Saphire guilty of “unfair competition” and ordered the Zaragozan company to remove its products from the market and destroy them. Puig accused Saphir of selling brands called ‘Saphir’, ‘Caravan’ and ‘IAP’ specifying that they were imitations of Carolina Herrera, Paco Rabanne and Nina Ricci, international brands run by Puig.

Another positive figure has emerged to confirm the economic recovery after years of crisis. Catalonia’s GDP grew by 1.2% over the course of 2014, which are the best figures since 2007, before the financial crisis, according to early data released on Thursday by the Catalan Statistics Institute (Idescat) and the Catalan Finance Ministry. The figure is higher than the 0.9% economic growth foreseen in the Catalan Government’s budget for 2014 (approved in late 2013) but is lower than an early forecast made in March, when a 1.5% growth was predicted. Besides this growth in the Catalan economy, in Spain as a whole, the economy grew by 1.4%, according to early data released by the Spanish Statistics Institute (INE). Furthermore, the Catalan economy grew by 0.4% in the last quarter of 2014 compared to September figures and by 1.5% in annual terms. In the first, second, and third quarters it grew by 0.5%, 0.4%, and 0.3% respectively (in quarterly terms).

The second day of the 080 Barcelona Fashion Week gathered together young designers and big brands. Desigual closed out the day, as Mango did on Monday, by showing its exclusive menswear collection. Kristina Pimenova, the 9 year old girl named as the most beautiful child in the world, failed to appear on the catwalk due to bureaucratic problems. Sporting looks combined with wool and silk were the dominant styles of the day. Not only did politicians, actors and Spanish celebrities descend upon the event, but also bloggers and instagrammers who now have a reserved seat at the shows. 

Gas Gas, a motorcycle manufacturer from Girona Province, has ceased production after a creditors meeting at the Mercantile Court.  The company says it has to interrupt the production chain due to difficulties in restructuring a €20 million debt. Gas Gas confirms that, after seven months of failed negotiations with banks in order to restructure the debt and get additional funds, last week it seemed that progress was being made in the hope of reaching an agreement. Meanwhile, the Catalan company has filed a pre-bankruptcy request and has ceased production, but they hope to reach an agreement soon and get back to business once again.

The Catalan Government’s Deputy Minister for External Affairs, Roger Albinyana, announced the Executive’s aim to have a network of “about 50 delegations” throughout the world, representing Catalonia’s political, business and cultural interests abroad. The Catalan Government currently has 7 delegations abroad, after the new representations in Rome and Vienna start to work on Monday, when the representatives were appointed. The 5 others are located in Brussels, London, Paris, Berlin and Washington. In the coming “months and years”, the Catalan Government will continue to open new delegations. Regardless of the hypothetical independence from Spain, the Catalan Executive already has the powers to have its own External Action policy, recognised by the Catalan Statute of Autonomy from 2006, although with many limitations.

José Manuel Lara Bosch, President and partial owner of the Barcelona-based Grupo Planeta – the world’s largest publisher in Spanish language – died on Saturday in the Catalan capital aged 68, after a long battle with pancreatic cancer. His funeral was held on Monday in Barcelona and it brought together top representatives from Catalonia’s and Spain’s political, business, media and cultural worlds. Grupo Planeta owns many publishing houses as well as TV channels, radio stations and newspapers. It also grants each year the biggest prize in Spanish literature. In the late 1960s, Lara Bosch started to hold top positions in the family’s publishing house Planeta, founded by his father. In the 1980s, he was behind the business’ expansion, buying many publishing houses. His brother’s early death in 1995 made him become the group’s ‘number 2’ after his father, who passed away in 2003. In the 1990s and 2000s, Bosch transformed Planeta into a multimedia giant.

The multinational company Roberlo, based in the Girona Province, has acquired the British enterprise Chemfix. Roberlo, which manufactures chemicals for the construction and automobile industries, expects to increase its profits by 30% this year with this transaction, reaching 65 million euros. 85% of the Catalan company’s turnover moves into foreign markets, so this purchase contributes to its internationalisation. The aim of the Girona-based company is to be one of the top three European producers which use chemical docking, an industrial technology.The business has two factories in Girona, one in Brazil, one in Russia and now, one in the UK. The Catalan group has ten subsidiaries and employs 400 people, 200 of which are located abroad.

The European Commission has warned Spain that 6 Autonomous Communities, including Catalonia, should cancel their tax on large-sized shopping centres because it may represent indirect State aid benefiting smaller shops and therefore damaging free competition. The Catalan Minister for Business and Employment, Felip Puig, announced legal actions to defend this tax, which was validated by the Constitutional Court. Catalonia’s shopping model has a great presence of small and local shops, mostly run by families with a small number of employees. In order to protect this model and make it compatible with new shopping malls and large-sized international shops, in 2000 the Catalan Parliament created a tax on shops larger than 2,500 square metres. Currently, it is set at €17 per year per square metre. The revenue collected is devoted to actions promoting local retail.

The Barcelona-based car manufacturer Seat, which is part of the Volkswagen group, ended 2014 with a 10% growth in sales. During last year, Seat sold 390,500 vehicles worldwide, which are produced in its factory in Martorell (Greater Barcelona). This plant increased production by 13.5%, reaching its highest level for 12 years. The factory has now achieved 5 consecutive years of growth. The company’s shining light during 2014 was the León model, sales of which increased by 50%, reaching 154,100 units sold, breaking its sales record. This type of car has become “the brand’s second pillar” after the Seat Ibiza, stated the company’s President, Jürgen Stackmann. During the last 2 years, Seat global sales have grown by 21.7%, surpassing their 2007 pre-crisis levels.

The President of the Catalan Government, Artur Mas, assessed on Tuesday the Executive’s work during 2014, which he found to be “positive” overall, although he admitted there are still many people in great need and many social and economic challenges ahead. Referring to the current debate on whether to call early elections transformed into a ‘de facto’ referendum on independence from Spain, Mas promised immediate decisions to be announced on Thursday. Before taking the definitive decision and after weeks of admitted “confusion”, the Catalan President wants to hold a last round of talks with the main civil society organisations supporting independence and the left-wing pro-independence party ERC – with whom the governing centre-right pro-Catalan State coalition CiU has shared a parliamentary stability agreement for the last 2 years. “I will not slack” in the self-determination process, Mas stated.

At the end of 2014, there were 575,948 people registered with the Catalan Public Employment Service (SOC) as being unemployed, according to figures released this week by the Spanish Ministry of Employment and Social Security. This represents 48,924 fewer jobseekers than were on the register at the end of 2013; a 7.83% drop achieved during the last 12 months. During 2014, registered unemployment dropped by 5.39% in the whole of Spain. There were 4,447,711 people registered as unemployed throughout the country, which represents 253,627 fewer jobseekers than a year ago, the largest reduction in unemployment since 1998. 

The former European Commission’s Spokesperson for Economic Affairs during the Eurozone crisis, Amadeu Altafaj, is to become Catalonia’s Permanent Representative to the EU institutions. This position has been created as a way to increase the political weight of the already existing Catalan Government Delegation in Brussels in the middle of the debate about independence from Spain. Altafaj, who has also worked as Deputy Chief of Cabinet of the Commission’s Vice President for Economic and Monetary Affairs, Olli Rehn, since 2012, will now direct this delegation and become Catalonia’s voice in the EU institutions’ offices. On many occasions, Altafaj has been vocal about Catalonia’s self-determination, supporting it and emphasising that an independent Catalan State would be economically viable.

The Catalan Government has issued the Bureaucratic Simplification Law, which should speed up the creation of new private businesses. The new bill should make things easier for 75% of new business initiatives, according to the Catalan Minister for Business and Employment, Felip Puig. He explained that entrepreneurs carrying out innocuous or low-risk activities will be able to create a new company and start working within 48 hours, after having signed a responsibility statement, registered the new company and made sure that their premises respect all the regulations. Therefore, it will be the entrepreneurs' responsibility to make sure that the new business respects the legal framework, setting up "a framework of trust" between the entrepreneurs and the Government, said Puig. Once the business activity launches, public bodies may run inspections to make sure everything is in order.

The President of the Left-Wing Catalan Independence Party ERC, Oriol Junqueras, has explained his own road map to allow citizens to vote on independence from Spain and build a new state. Junqueras proposed running in immediate early elections through different pro-independence lists with shared elements and opened to independents, in order to respect diversity. The ERC leader differed from the proposal of running through a single electoral list made by the President of the Catalan Government and leader of the centre-right pro-Catalan State coalition CiU, Artur Mas. Junqueras insisted on the need to answer to the social and economic concerns of many citizens in addition to those about independence. Should they altogether obtain a majority, the different pro-independence candidatures should form a national unity government and start building the new state from day one. He particularly emphasised the need to include those who did not voted for independence in the constituent process, which should be finally ratified in a referendum.