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The biggest worldwide mobile industry event opens in Barcelona

CNA / Laura Pous

The Mobile World Congress has attracted more than 60,000 delegates from the most influential mobile companies on the planet to the Catalan capital. The event is the most important of the year, and it’s a great opportunity for developing business in the sector. The delegates will explore the way the mobile industry is redefining communication and will try to get business contracts related to the new era in smart phone technology. The organisation motto for this year’s edition is ‘Redefining Mobile!’

February 27, 2012 11:56 PM

Barcelona metro strike cancelled and will not interfere with the Mobile World Congress

CNA

The metro strike organised by employees of Barcelona Public Transport (TMB) who were demanding a salary increase has been cancelled. The bus strike is still planned, although after the metro’s cancellation, bus workers would be also considering doing so. The strike was coinciding with the world’s main trade fair and conference of the mobile phone and mobile technology industry. However, it was not affecting taxis, tramways, airport buses, and commuter trains. The strike will only affect urban buses. The underground will be operating as normal. During rush hour buses will function at 50% of their capacity and the rest of the day at 20%.

February 25, 2012 09:35 PM

The Catalan economy grew by 0.7% in 2011 but contracted by 0.4% in the last quarter

CNA

The Spanish Economy grew by 0.7% last year, however decreased by 0.3% in the last quarter, because of the “contraction in domestic demand”. The Catalan Finance Minister, Andreu Mas-Colell, said he would review the 0.8% growth prediction for 2012, since the latest data points to an economic slowdown. Besides, the Spanish Deputy Minister for the Economy, Fernando Jiménez Latorre, stated that data for the first term of 2012 “will be similar” to that of the last quarter of 2011 “or a bit worse”; if confirmed, it would mean a recession.

February 16, 2012 10:53 PM

Ryanair aims high and takes six former Spanair routes from Barcelona El Prat

CNA

The Irish low-cost airline has announced six new destinations from Barcelona El Prat Airport, as well as an increased frequency of flights on several existing routes. Ryanair has decided to occupy part of the market share left by Spanair after it went bankrupt 10 days ago. Furthermore, Ryanair’s President Michael O’Leary, replied to Spanair workers unions, who complained about the poor working conditions offered by the Irish company to hire them. “Nobody is obliged to work for Ryanair”, he said.

February 7, 2012 10:46 PM

Spanair calls for voluntary bankruptcy and prepares the mass layoff of its 2,065 workers

CNA

The Catalan airline has a debt of €474 million; €260 million of which is with its shareholders and the remaining €214 millions with providers, airports and social security. The Catalan Government has invested €140 million in the airline, split in loans given to the company and in Spanair’s capital. Spanair stopped all its activity on Friday evening because it could not find any additional funding. All the more than 12,000 Spanair passengers passing through Catalonia over the weekend found an alternative flight using other airlines.

January 30, 2012 10:39 PM

Spanair cancels all its flights and stops its activity for financial reasons

CNA / Gaspar Pericay Coll

Due to the impossibility of finding extra capital, the Barcelona-based airline’s board has taken the decision to cancel all its flights and to suspend the company’s activity. Negotiations with Qatar Airways broke down, which forced Spanair’s board to analyse the company’s viability. The Catalan Government, which partially owns the airline, has refused to invest more money in the company, and thus Spanair stopped flying. Passengers will be refunded and will be able to buy discounted tickets with other airlines.

January 28, 2012 12:31 AM

Read the latest updates and breaking news on business and economic matters from Barcelona and Catalonia here. Keep up to date with how the Catalan economy is performing, inflation levels, employment and unemployment, major business mergers, important company announcements, and the latest on Catalonia’s biggest enterprises such as Vueling, Wallbox, Grifols, Mango, and plenty of start-ups and international firms based here too.