innovation

Emin Capital will buy Barcelona’s Torre Agbar, designed by Jean Nouvel, for €150 million. North-American Hyatt will invest a further €35 million to transform the 145-metre-tall building into one of its grand luxe hotels. Grand Hyatt hotels – the US company’s luxury brand – tend to occupy iconic buildings in the world’s main business cities. The Agbar Tower has become one of the most emblematic buildings of the Catalan capital, with its blue and red lightening and bullet shape imitating a flame. Nouvel’s tower was unveiled in 2005 to host the main headquarters of the water distribution multinational Agbar. The Catalan multinational, which owns the 50,000-square-metre tower, will now look for another building in Barcelona to place the 700 people working in its central offices.

Car manufacturer SEAT, based in Martorell (Greater Barcelona), has set up 53,000 solar panels on the roof of its main factory and on top of parking spaces. The company has just completed the third stage of a €35 million project, which started in 2010, and occupies 10% of the 3 million square metres of its Martorell facilities. The solar panels occupy an extension equivalent to 40 soccer fields and can generate 15 million kWh of clean energy per year. This is equivalent to 25% of the energy needed to produce the Seat Leon or to the “annual consumption of 3,500 households”, said President Jürgen Stackmann. With this eco-friendly project Martorell is now the automation factory with the largest solar plant in the world. Furthermore, the panels were installed over existing facilities and do not occupy additional space.

The Catalan Institute of Photonic Sciences (ICFO), based in Greater Barcelona, is the highest ranked centre in the world in the fields of physics and astronomy, according to a survey carried out by Excellence Mapping. This ranking sorts the world’s leading research centres according to 17 different areas of academia. The ICFO was ranked first in physics and astronomy, while the Catalan Institute for Research and Advanced Studies (ICREA) was placed third in this category. Other Catalonia-based institutions that were included in the list were: the Institute for High Energy Physics, IFAE (18^th place), the Universitat Autònoma of Barcelona (UAB) and the Polytechnic University of Barcelona (UPC). The Director of the ICFO, Lluís Torner, told the CNA that the Catalan model of research is “highly competitive”.

The Catalan pharmaceutical company posted a net profit of €182.2 million between January and June 2013, which represents an increase of 36.9% on the same period of 2012. 92.1% of Grífols sales are made abroad and this figure has reached €1.27 billion, up from 6.2% on the first half of last year. Total turnover stood at €1.38 billion, a 4.9% increase. Furthermore, between April and June, the multinational based in Greater Barcelona obtained its highest ever quarterly sales in absolute terms, which reached €697.1 million and represented a 7.2% increase on the same period of 2012. Last year, Grífols bought out its main competitor in the US, Telecaris, which made the Catalan company one of the main pharmaceutical companies in North America, particularly in the blood-derivate products.

On Thursday, the European Space Agency will launch Europe’s largest telecommunications satellite, Alphasat I-XL, into space using technology designed and built by Catalan company MIER Comunicaciones. The device, weighing 6.6 tonnes, will allow secure connections to be made via the satellite and mobile terminals around the world. The company, based in La Garriga (Greater Barcelona), has produced 240 low noise amplifiers capable of receiving signals from mobile terminals up to 36,000km away. The technology created is of a compact design and uses a very low consumption of energy. The satellite will be launched on Thursday from the European spaceport in Kourou, French Guiana.

Many international and national companies have set up their headquarters in the 22@ area during the last decade, located in Poblenou, an old industrial district known as the “Catalan Manchester”. The borough continues to change and grow in many ways. Improved traffic distribution for the Plaça de les Glòries or the Design HUB are just some of the new proposals. At the moment, Poblenou is a landscape of contrasts: from hi-tech buildings to abandoned factories. It is a unique urban landscape as well as an ongoing challenge from an architectural, economic and social point of view.

The British financial magazine ‘Euromoney’ has named the Catalan CaixaBank the world’s best bank in a technological innovation ranking. Furthermore, the publication considered CaixaBank to be the best Spanish bank for the second consecutive year. The Catalan entity is the largest bank within the Spanish market, ahead of the two world giants Santander and BBVA. Furthermore, CaixaBank leads online banking in Spain with 8.8 million clients.

Telefónica’s R&D centre in Barcelona’s 22@ technological district will lead the company’s innovation internationally and will significantly increase its staff numbers, which currently stands at 220 workers. The decision strengthens Barcelona’s position as the Mobile World Capital, as it already hosts the main event of the mobile technology industry at an international level. In total, Telefónica has 6 R&D centres spread throughout the world. Besides Barcelona, the company’s innovation centres are based in Silicon Valley, Sao Paulo, London, Tel Aviv and Madrid. The Barcelona centre is now celebrating its 10th anniversary. In the last decade, Telefónica has invested up to €200 million in its Catalan centre, €28 million of which was in 2012.

The firm QNORM, located in the Scientific and Technologic Park of the Girona University (UdG), participates in a European project that aims to transform vegetal biomass into plastic. The project, which is called BioConSepT (bio-conversion and separation technology), has a budget of 13 million euros (MEUR), funded by the European Union. The project wants to use vegetal biomass (such as fats, oils and straw) and turn it into plastic in order to reduce the use of petrol.

The IBM Group has opened a software development centre in Reus, a city in Southern Catalonia near the Costa Daurada and Tarragona. The new centre will initially employ 50 highly-qualified professionals, mostly graduates from the local Rovira Virgili University. However, the plan is to reach 100 workers in one year’s time and 250 in two years. The company envisages they might even end up employing up to 450 people in Reus, but they have refused to make any commitment on such an ambitious target. The centre will initially have a 700,000 euro investment and will occupy 600 square metres, but double this space will be used after its enlargement.

Between the 11th and 13th of March, Barcelona will host the spring meeting of Bio-Europe, the continent’s largest partnering conference of the global biotechnology industry, for the second time. 1,300 biomedical companies will participate in the event, with more than 2,000 delegates and executives. 60 out of the 100 Spanish companies attending are from Catalonia. In the last decade, Catalonia, particularly the Greater Barcelona area, has become the most important centre in Southern Europe within the biomedical field and one of the main centres internationally. Barcelona’s Deputy Mayor for Economic Affairs, Sònia Recasens, praised the importance of the event as it boosts those “added-value sectors that are strategic for the city’s economic growth”.

The company, which is based in Greater Barcelona, is the world’s third leader in blood derivatives pharmaceutical products. Last year, it bought out its main competitor in the United States, Talecris. Grífols had a €2.62 billion turnover in 2012 and almost doubled its sales compared to the 2011 figures. The company’s net profit last year quadruples that of 2011. The good results are due to a significant reduction in debt levels and Grífols’ penetration into the United States market. Besides, this week it announced it bought for €37 million the 60% of Progenika Biopharma’s capital, a Basque biotechnology company specialised in the design of diagnostic tests.

A study undertaken by the Catalan Association of Public Universities shows that 64% of all funds for research came from public or private competition processes. This shows the Catalan university system’s capacity to attract this type of funds, which leads the study to conclude that the system is “solid”, “at the forefront” in Spain and “comparable” to the university systems of the most advanced EU countries. In 2012, the total budget for research in Catalonia’s public universities was €346 million, which represented 20% of their total budget.

This pioneering energy plant, located in western Catalonia, will generate 22.5 megawatts of power, the equivalent of the electricity supply to 27,000 houses. The hybrid system combining solar thermal and biomass energy enables the production of electricity 24 hours a day, increasing the production capacity of the plant. It occupies 96 hectares and has 2,688 solar panels. In just 20 months, Abantia and Comse Emte have built the plant and put it to work. The €153 million project will prevent 24,500 tonnes of CO2 from being released into the atmosphere.

The Barcelona-based Vall d’Hebron Research Institute (VHIR) has identified two proteins that block the metastasis of rhabdomyosarcoma, a type of cancer that represents 8% of this sort of illness in children. These two proteins are related to cellular proliferation and growth as well as having the capacity to migrate to other organs. The study opens the door to the development of new treatments targeting these two proteins. The study was funded by the foundation of the Catalan Public TV Broadcaster and it has been published in the British Journal of Cancer (BJC).