'Gas bill has climbed from €300,000 to €1.5m': businesses struggle with rising energy costs
Experts estimate that electricity may be even more expensive this summer, a season with little rain or wind in Catalonia
Business
Business & economic news from Barcelona and Catalonia
Inflation in Catalonia skyrockets to 7.4% in February
Spain’s rate reached 7.6%, highest rate in 36 years surpassing expectations
Russian oligarch Abramovich’s yacht leaves Barcelona port
Ship was docked in the Catalan city since 2021 undergoing repairs, while owner has so far not been sanctioned by EU
Electricity price skyrockets by 43% in two days to record-high €544/MWh on Tuesday
Most expensive time, €700/MWh, from 8 to 9 pm as war in Ukraine makes costs soar
Electricity prices hit all-time high of more than €442 per MWh
Monday to see record cost pushed by Russia’s invasion of Ukraine
Catalan companies halt their business operations in Russia
Fashion store Mango and TOUS jewelry "temporarily" suspend their activities due to the "current circumstances"
Catalan companies face disruptions as Russia-Ukraine war impacts imports
Businesses should diversify to counter reliance on Ukrainian and Russian goods, says government
Hopes lost on tourists traveling from Russia to Catalonia this year
Overall spending from Russian visitors was €1.1 billion in 2019, officials do not expect full recovery before 2023
International tourists quadruple in January but reach only half of 2019 figures
Catalonia received 442.7% more visitors compared to 2021 with average spending of around €941 per person
GSMA CEO expects €240m economic impact from MWC
Discussions to decide trade show’s future beyond 2024 could start later this year
Unemployment down 27% compared to last year
February saw the number of jobless workers reduce by 142, leaving a total of 371,000 without work
Consumer Price Index in Spain soars to record 7.4% in February
Rise attributed to widespread increases in cost of food, fuel and electricity
Mobile World Congress returns to Barcelona amid Covid-19
Up to 60,000 attendees are expected at 2022 trade show after last year’s smaller event
Mobile World Congress: no Russia pavilion at the fair
Organizer GSMA condemns invasion of Ukraine three days before tech trade show is due to begin
Spain extends Covid-related temporary layoffs until March 31
Furloughed workers will continue to earn 70% of salary for half a year and 50% from then on
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.