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The headquarters of Barcelona-based Gas Natural Fenosa, designed by Enric Miralles and Benedetta Tagliabue (by ACN)

08 November 2011 08:20 PM

Gas Natural Fenosa has a net profit of 1.1 billion euros between January and September 2011

The Catalan energy company reduced its debt to 54.4%, thanks to disinvestments. Gas Natural Fenosa ended the first nine months of the year with a net profit 0.3% lower than that in the same period in 2010. However, taking into account the effect...
CaixaBank headquarters, located in Barcelona's Diagonal Avenue (by O. Campuzano)

04 November 2011 10:44 PM

CaixaBank has a net profit of 845 million euros for the first 9 months of 2011

The main Catalan bank allocated 1.953 billion euros for insolvencies and raised its core capital to 11.8%, 2.9 percentage points more than the ratio it had in December 2010. These operations made their net profit decrease by 16.6% compared to the...
A block of new apartments in Alella, in Barcelona Metropolitan Area (by J. Pujolar)

02 November 2011 10:48 PM

Catalonia to have a quality certificate for real estate properties

With this label, foreign house buyers can be 100% sure that the new bought property fulfils all the quality and town planning regulations. The Catalan Minister for Territory and Sustainability, in charge of Housing, Lluís Recoder, announced the...
A worker of a glass factory in Greater Barcelona (by P. Mateu)

29 October 2011 12:05 AM

Unemployment reaches 742,000 in Catalonia at the end of September, representing a rate of 19.43%

The Catalan Government considered the figures “worrying” but puts them to a “complicated” financial situation that has provoked an economic uncertainty. On Tuesday, the Government announced an action plan to reduce unemployment in the...
Spanish banks are confident they will only need their own resources to reach the new core capital levels (by EBS / ACN)

27 October 2011 11:43 PM

Spanish banks will use their own resources to get the 26,121 million euros needed according to the new rules

The Spanish stock exchange celebrated the European Summit’s results by increasing 4.96% in a one day of trading. The main managers of the Spanish banks are convinced they will get the requested core capital with their own resources. In addition,...
Abertis headquarters, which are located in Barcelona (by ACN)

27 October 2011 11:33 PM

Transport and telecommunication infrastructure company Abertis has a 594 million euro net profit for the last nine months

The Catalan multinational company Abertis announced its results for the first three first quarters of 2011. Abertis’ net profit increased by 5.9% compared to the same period in 2010. The Barcelona-based company also announced that the...
Telefónica's Director in Catalonia, Kim Faura, at the company's new headquarters in the Catalan capital (by N. Julià)

26 October 2011 12:31 AM

Telefónica to provide Barcelona city with 4G broadband internet access in 2012

The Spanish telecommunications multinational commits to offering a 100 Mbps broadband wireless Internet connection throughout Barcelona city in 2012, which will multiply the current capacity by 14. 4G broadband is already offered in specific...
One of the meetings of the 'China at Barcelona Summit' with the presence of the Catalan President and Barcelona's Mayor (by ACN)

20 October 2011 10:48 PM

Barcelona launches itself as one of the main gateways of Europe for Chinese business

More than thirty Chinese companies and investment agencies have visited Barcelona in search of business opportunities. The Catalan capital is a gateway to the European market for Asian companies, thanks to its sea port, airport, geographic...
Barcelona is one of the best cities in Europe to locate a business according to Cushman & Wakefield (by ACN)

13 October 2011 10:54 PM

Barcelona is the sixth best European city to locate a business

The Catalan capital is considered the best city for quality of life. However, it does not reach the top 5 regarding telecommunications, international transport, and market access.
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