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Banc Sabadell's headquarters in Barcelona (by ACN)

01 February 2011 10:32 PM

Banc Sabadell extends its capital by 10% and sets its 'core capital' at 8.88%

The Catalan bank Banc Sabadell reaches the 8% milestone by issuing 126.4 million new shares, which represent 10% of its capital. The movement is part of the bank’s strategy to strengthen its capital, foreseeing the future stress tests and the...
17,300 more people lost their jobs in the fourth quarter of 2010 (by ACN)

28 January 2011 10:09 PM

Last year came to an end with 17,300 more unemployed and a rising unemployment rate of 17.98%

Unemployment in Catalonia rose in the fourth quarter of 2010. Although the industry sector had a good year, it is the only sector that provides jobs and is not enough to compensate the damage.

28 January 2011 10:05 PM

Catalan savings bank 'La Caixa' to create new listed bank 'CaixaBank'

'La Caixa' will get share listing by transforming its industrial holding company 'Criteria' into a bank. The new financial institution will become one of the top 10 banks in the Eurozone
The Spanish Minister of Public Works and Transport, José Blanco (by ACN)

27 January 2011 08:09 PM

State to release technical study about the Mediterranean railway corridor on March 3rd in Barcelona

The Spanish Minister of Public Works and Transport, José Blanco, has said that the Mediterranean corridor is an investment priority considering 110 million tonnes of freights are transported across the border each year.
A Unnim office (by ACN)

26 January 2011 11:16 PM

The savings bank Unnim is studying ways of becoming a bank

In reaction to the latest announcement from the Spanish Government, the savings bank Unnim is studying ways of becoming a bank. The financial institutions is waiting for the Spanish Government’s new rules for the financial entities regarding...
An aerial view from Barcelona's 22@ technological district (by ACN)

25 January 2011 05:59 PM

The Barcelona office market will start to recover later this year

For the first time in four years December 2010 saw a small decrease in the availability of office space in Barcelona. This indicator would show that the office space market is starting to head towards getting on the recuperation track.
The first Pyrenair flight arriving at Lleida's airport (by R. Segura)

24 January 2011 11:45 PM

Brand new Pyrenair flights to and from Lleida- Alguaire Airport

Pyrenair will transport skiers from Vigo, Madrid and the Canary Islands to Lleida-Alguaire airport for the next five weeks. Nine in ten seats were already full for the first flights last Sunday.

24 January 2011 10:34 PM

The British Bankers Association thinks small savings banks models such as the Catalan are "problematic"

The chairman of BAA Angela Knight urged savings banks to reconsider their strategy and find diverse ways to finance themselves. The insisted that narrowing the market to a single territory is increasing their exposure to the economic context.
An airplane from Spanair (by ACN)

21 January 2011 06:21 PM

Spanair transported almost 4 million passengers in 2010

While Spanair recorded an 11.6% increase in passengers in 2010, Iberia lost 19.5% passengers and Air Europe 16%. The airline that is partially owned by the Catalan Government offers 59 direct destinations from Barcelona, 13 of which intercontinental.
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