penedes

Producers of sparkling wine from Catalonia's Penedès region have chosen the brand name 'Clàssic Penedès' to identify their product. This variety is not Cava but rather a sparkling wine produced under stricter regulations to ensure the product is of a higher quality. Wine under the Clàssic Penedès name can only use grapes which are 100% organic and which come from the Penedès wine appellation. Josep Maria Albert, the President of the Penedès appellation, announced that this year the grapes in this region are maturing particularly early and, as of this week, some vineyards are already manufacturing the Chardonnay and Pinot Noir varieties of wine. The winemaker stated that this season, due to weather conditions, "there will be between a 10% to 15% drop in the quantity of wine from last year, but, despite this decrease in production, the wine will be better quality".

Banc Sabadell, the second largest banking company in Catalonia, has ended 2013 with a net profit of €247.8 million, three times more than in 2012, after consuming €1,736.6 million in provisions and allowances for non-payments of loans, impairment of property and other financial operations. Due to the new regulations of the Bank of Spain on credit repayment and the acquisitions of other banking companies, the percentage of delayed or unpaid loans has climbed to 13.63%, 46% more than in 2012. Without the refunding operations, it would have been fixed at 11.13 %. The bank’s core capital, which is the main solvency indicator, stood at 12% and, with the new Basel III, it was set at 10.1%. Jaume Guardiola, CEO of Sabadell, believes that this trend can be the “turning point” of a crisis that was first anticipated when the results for 2012 were announced.

The language skills of Catalonia’s population to understand, read, speak and write in Catalan have reached record highs, according to a report from the Statistical Institute of Catalonia (Idescat) with data from 2011. That year, 95.2 % of the residents could understand Catalan, 79.1 % could read it, 73.2 % knew how to speak it, and 55.8 % knew how to write in this language. According to the Idescat figures, the foreign nationality population has registered the highest increases: 82.1 % of them stated they could understand Catalan in the 2011 survey, whereas, according to the previous census from 2001, only 61.1% of the foreign-born population had good language comprehension skills.

Banc Sabadell has managed to integrate the entire network of Caixa Penedès’ branches in Catalonia and Aragón, as well as all the technological and operational platforms. With this last integration, Banc Sabadell has €170 billion in assets, around 6 million clients and 12% of Spain’s banking branches. This means that the Catalan bank is now the 4^th largest retail financial entity in Spain, after the Barcelona-based CaixaBank, Santander and BBVA. Banc Sabadell bought Caixa Penedès’ banking business in Catalonia and Aragón to Banco Mare Nostrum (BNM) in May. In only 5 months, Banc Sabadell has added 376 branches to its network, along with 545 million client registers and 900,000 clients. In the last year, the Catalan bank has doubled the size of its network, since it also integrated the Caja de Ahorros del Mediterráneo (CAM) network.

Banc Sabadell and Banco Mare Nostrum have reached a definitive agreement over the transfer of Caixa Penedès’ territorial network and business in Catalonia and Aragon to the Catalan bank. After this has been completed, Banc Sabadell will strengthen its retail banking activity and will have the fourth largest network of branches in Catalonia. The bank will increase its commercial network in Catalonia by 92% and will incorporate 462 branches, 900,000 clients and 2,000 workers. Caixa Penedès was a medium-sized savings bank in Catalonia. In 2010 it took part in a ‘cold merger’ with 3 other Spanish savings banks and in 2011 they created Banco Mare Nostrum.

Located in the centre of Catalonia, the area of Penedès is known for its high quality wine and cava. Due to the long tradition in this region of the production of these drinks and the growing presence of wine tourism, it was decided to strengthen the offers of this sector. On this occasion, after two and a half years of building work, the old Vinseum - Wine Culture Museum of Catalonia - has been reopened with new exhibits in a new location: the Royal Palace of Vilafranca del Penedès. However, this is not just a museum of the production of wine; it is based on wine as a cultural, social, historical and scientific phenomenon.

The Penedès wine appellation is expecting “excellent” wines from this year’s harvest. Catalonia’s most important viticultural area has already started harvesting its chardonnay grapes and is expecting to harvest the other varieties in the next few days. The weather this year has been favourable for the appellation, with a “very healthy” crop that despite a reduction in volume, will be sufficient to fulfil the 22 million bottles normally produced by the wineries.

Catalonia’s most known wine and cava appellation is Penedès and now it is possible to ride through its vineyards. This is a new activity to experience wine tourism called ‘burricleta’. The ‘burricleta’ is a rental service of electric bicycles with GPS to explore the vineyards in a sustainable way. Moreover, it allows visitors to discover the landscape of Penedès without too much physical effort. The ‘burricleta’ can be rented to do one of the determined routes or even a customised journey. The entrepreneurs who have brought the ‘burricleta’ to the area are working hard on a joint offer with restaurants and wineries to give visitors more information about the Penedès area, apart from the territory itself.

The ‘Caixa Penedès Vijazz’ kicked off with a concert from the seven-Grammy award winner Al Jarreau. At the heart of one of Catalonia’s most famous wine regions and less than 50 km away from Barcelona, a series of jazz concerts take place over the weekend, combined with wine tasting.

How can you reach out and touch the sky with your fingers? Is it better alone or together with others? Ram Devinevi and Cano Rojas give a clear answer to this question in their documentary which shows how three different cultures -the Catalan, the Indian and the Chilean- all with a common aim: to build the highest human constructions. A formidable challenge which can only be achieved thanks to the huge effort of three hundred bodies climbing and the technical guidelines of an experienced coach.

A selection of wines and cellars from Catalonia have travelled to New York to find new distributors. The event is being held on Tuesday June 5th at The Carriage House, from the Gabarrón Foundation. After New York, the Catalan red, white and cava wines will be displayed in Seattle (October 2012), Dallas (February 2013), and Los Angeles (June 2013).

‘Castells’ or the traditional human towers originally from Southern Catalonia and generally built during town festivals were included in the list of Intangible Cultural Heritage of Humanity by UNESCO last year. An exhibition at the Palau Robert in Barcelona will celebrate this first anniversary. It reflects on the tradition’s cultural and social value, and its role as one of Catalonia’s best known symbols.

The Castellers de Vilfranca, a group of Catalan tower-makers, will go to Mumbai to show-off their human towers that have earned them an international reputation. In addition, they will also get a first hand experience from a similar Indian tradition and discover new techniques. Catalan human towers have been declared a masterpiece of the Oral and Intangible Heritage of Humanity by UNESCO.

All the Catalan savings banks are in the process of becoming regular banks. In the last 6 days, all the savings banks have been defining their future and they are all going in the same direction: transforming their structures into those of a regular bank. The first stage was the merging process that took place before summertime and now, with the new banking rules at international, European and Spanish level, savings banks are finding it easier to continue operating as regular banks. The old model is thus finished.

At the start of the new season, the wine sector hopes to win over restaurateurs and advisers in order to attract consumers and promote growth in domestic consumption.