business

“We have to sell cava as an exclusive, glamorous product”, says PIMECAVA chairperson

March 22, 2011 12:45 AM | CNA /Gastroteca.cat/ Ignacio Portela Giráldez

PIMECAVA is the Association of Small and Medium-sized Cava Producers. It is chaired by Mercè Rosell, who claims in a video interview that the only way to compete against French champagne is by marketing cava as a quality and prestigious product. In order to do that it is fundamental to have the support of big cava companies like Freixenet and Codorniu and a good relationship with exporters.

CatalunyaCaixa would need at least 1,500 million euros to reach the 10% of ‘core capital’

March 2, 2011 11:33 PM | CNA / Josep Ramon Torné

CatalunyaCaixa won 109.1 million euros in 2010, 1.1% less than in 2009. The second Catalan savings bank is the result from the merger of Caixa Catalunya, Caixa Tarragona and Caixa Manresa. The resulting savings bank currently has 6.9% of core capital, far from the needed 10% by next September. The savings bank already announced its plans to become a regular bank.