26 new knowledge-intensive companies have set their offices in Barcelona’s 22@district over the first half of this year. The innovation district has more than 1,500 companies and increased its turnover by 5.4% against the 2008 census.
Thanks to this purchase, Sabadell United Bank, the US branch of the Catalan Banc Sabadell, significantly increases its size. Lydian Private Bank has assets worth 1,607 million dollars, client deposits of 1,224 million dollars and loans worth some 383 million. Sabadell is particularly strong in Florida, where it already has its US headquarters.
Barcelona-based Gas Natural Fenosa enlarges its capital with 515 million euros invested by the multinational North-African company, Société Nationale (Sonatrach).
The Catalan President has inaugurated the expansion of the facilities of the Boehringer Ingelheim pharmaceutical company in Sant Cugat. Artur Mas stressed that behind the crisis “is always the industry, companies turn ideas into products that give way to new opportunities”
Demetrio Carceller, President of the company considers that internationalisation will be a priority in the new strategy plan that the Catalan company is preparing for next year.
According to the consultancy firm Jones Lang Lasalle, the office rental rate for second quarter of 2011 in Barcelona has increased 42% compared to the same period in 2010. 74,500 square metres of new office space have been rented out between April and June 2011, 14% more than those registered during the first quarter. The “prime” zone has reached 2005 activity levels.
Gamelab is organised in Barcelona for the first time and it will take place in the Catalan capital at least until 2015. It is the video game fair of Spain, which is the sixth market in the world. The trade fair contributes to consolidate Barcelona as a technology capital.
Sales abroad have been growing at a two-digit rate for 16 consecutive months, being the true engine of the Catalan economy and the main asset towards recuperating economic growth.
The Catalan pharmaceutical company is the world’s leader in blood-derived products. After expanding in the United States by purchasing Talecris, Grifols needed a larger headquarters. It moved to three interconnected buildings in Sant Cugat del Vallès, in Barcelona’s Metropolitan Area. From the new facilities, Grifols will investigate stem cells and Alzheimer’s.
The company, that processes 1.2 million hams, is the first Catalan meat factory authorized to sell in the United States. As from next year, Pernils Llémena will start exporting to California and New York.
The trade fair focuses on entrepreneurs and company growth. It wants to switch business ideas and projects with investors. Bizbarcelona also provides advice to entrepreneurs who want to start their business. It takes place on June 15th and 16th in Fira de Barcelona’s Montjuïc venue.
The factory will increase its output of biological and pharmaceutical products by 40% over 3 years, taking work from closing factories in Europe and the United States. The Catalan plant is specialised in animal health and vaccines for livestock. It was bought in 2009 by the North American pharmaceutical giant, in a small town near Girona.
Despite the scientific analysis that proves the innocence of Spanish field products, the demand for vegetables and fruit, not only cucumbers, has harshly hit agriculture throughout Spain. Catalan farmers are also heavily affected, as well as fresh food shopkeepers. Farmers have to drop prices or even destroy the product as demand has plummeted, especially regarding exports. Thousands of tones of oranges are in stock in the Delta de l’Ebre and may rot if demand does not recover soon.
‘Barcelona Activa’ is Barcelona City Council’s agency for local development. Its main activities are promoting business and employment creation. ‘Barcelona Activa’ wins the Grand Jury Prize of the 2011 European Enterprise Awards, organised by the European Commission, the European Presidency and the Committee of the Regions.
The family company Mallafré has captivated International attention and recognition with its gourmet olive oils, flavoured with thyme, rosemary, garlic, coffee or tangerine, among other ingredients. 70% of the production is exported, mainly to France, Germany and Italy, but also to Japan where Mallafré’s ginger flavoured olive oil is a major success.