Russian property investors in Catalonia forced to broaden investments due to Ukraine war
Economic sanctions, devaluation of Ruble, and lack of available flights all contributing to fewer property opportunities for Russians in the territory
Business & economic news from Barcelona and Catalonia
Economic sanctions, devaluation of Ruble, and lack of available flights all contributing to fewer property opportunities for Russians in the territory
Sales abroad increased by 1.5% compared to pre-pandemic figures
Trade fair with 650 wineries will focus on international sales from April 4 to 6
2 million passengers and over 50,000 flights at El Prat, both less than in 2019, but up significantly on 2021
Politicians urge for infrastructure to be finished to solve EU’s dependence on Russian gas
Experts estimate that electricity may be even more expensive this summer, a season with little rain or wind in Catalonia
Spain’s rate reached 7.6%, highest rate in 36 years surpassing expectations
Ship was docked in the Catalan city since 2021 undergoing repairs, while owner has so far not been sanctioned by EU
Most expensive time, €700/MWh, from 8 to 9 pm as war in Ukraine makes costs soar
Monday to see record cost pushed by Russia’s invasion of Ukraine
Fashion store Mango and TOUS jewelry "temporarily" suspend their activities due to the "current circumstances"
Businesses should diversify to counter reliance on Ukrainian and Russian goods, says government
Overall spending from Russian visitors was €1.1 billion in 2019, officials do not expect full recovery before 2023
Catalonia received 442.7% more visitors compared to 2021 with average spending of around €941 per person
Discussions to decide trade show’s future beyond 2024 could start later this year
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.