Catalan companies sold more goods and services abroad than they did to the rest of Spain in 2011. 52.9% of all Catalonia’s external sales were made abroad, while 47.1% were made to the rest of Spain. In addition, it is the first time that Catalonia has registered a positive balance of trade.
Sales of industrial goods to non-EU markets increased by 28% between January and March. Catalan industry reached a record in 2011 by exporting €55.19 billion in goods. However, the sector continues to lose jobs, which makes it more competitive in return. Also, industrial investment increased by 2.4% in 2011.
The President of the Catalan Government, Artur Mas, travelled to Massachusetts and New York to promote Catalan businesses and present Catalonia as one of the main biotechnological clusters and tourist destinations in Europe. In addition, Ernst & Young presented their report on life sciences companies and research centres in Catalonia, which indicates that almost 30% of this sector’s turnover in Spain comes from Catalan businesses.
The leading company in Spain for online entertainment sales, born in 2000, has not stopped expanding over the past twelve years. What began as an idea among four friends to get the theaters filled, today is a leading Internet company with more than 350 employees, a presence in six countries and a turnover of €210 million a year.
On its 75th anniversary, the company has demonstrated the keys to its success: innovation and the study of the healthy properties of food. The President of the Catalan Government has said that Gallina Blanca is an example of solid-working practices which fight speculation and help to improve the economic situation.
Sixty Catalan companies work out of the country and more than 2,400 export to the Argentinean Republic. “The lack of legal certainty in Argentina is not new, […] so the firms that do business […] have learnt to coexist with constant changes in the legislation”, stated AIS Sales Director.
The Catalan company counterbalanced its fall in the Spanish market with benefits from international sales. Foreign market activity contributed 42% of the profit from the first quarter to Gas Natural Fenosa, in contrast to 36.6% in 2011.
The Catalan pharmaceutical company Grífols, third worldwide company in plasma derivatives, has signed a cooperation agreement with the Shanghai Blood Bank. The agreement, which strengthens the presence of the Catalan company in China, promotes blood genotyping research. The Chinese institution will use the Grifols’ genetic test BLOODchip in transfusion compatibility studies. Shanghai Blood Bank serves over 20 million people and receives more than 300.000 donations per year. In 2011, Grifols sales in China grew by 30%.
The Catalan company Mesoestetic has built a new factory that multiplies by ten its previous facilities. Furthermore, the company will increase its staff by 30%. The Catalan Minister for Business and Employment has praised the company as a model for innovation and internationalisation. He has spoke of the long tradition of the pharmaceutical industry in Catalonia as well as the Catalan economy’s export capacity.
The Barcelona-based group had a turnover of €1.343 billion; 80% of it was generated in global markets. The Puig Group produces perfumes and beauty products for brands such as Carolina Herrera, Paco Rabanne, Prada, and Valentino. Over the last four years, Puig passed from a 5.1% global market share in 2007 to 7.6% in 2011.
The BBVA bank rewards La Fageda with the 4th Integra Prize for offering quality employment for people with intellectual disabilities and mental disorders. Moreover, La Fageda carries out some care activities, like an occupational therapy service, assisted apartments for the workers, and different leisure activities. Nowadays, of the 287 people who work in La Fageda, 157 have some disability. The Catalan brand is famous for its quality dairy products.
Punto Blanco has its own network to distribute and sell in 37 countries. The Catalan socks and underwear manufacturer has 16 shops, 15 of them in Spain and another in Portugal. Exports might represent 15% of the companies turnover.
The Federation of Blood Donors in Catalonia wants to reach the young population and to raise the number of donations. Besides, the Catalan pharmaceutical company Grifols asked for a change in the law in order to pay for giving blood. This measure would be an incentive to increase the stock of plasma.
The Russian company Lukoil has reached an agreement with the Catalan company Meroil to build 13 new oil tanks at Barcelona Port, which are able to store 360,000 cubic metres. Furthermore, Barcelona Port is the only Mediterranean port ready to host the largest and deepest oil tankers. The Catalan President, Artur Mas, unveiled the infrastructure and emphasised Catalonia is strengthening its position as “Europe’s gateway for goods coming from Asia and North Africa”. He also noted Catalonia’s attractive position for foreign investment. Barcelona Port is linked by international width standard railway with Central Europe and has the Zona Franca logistics and industrial district next to it.
During the first quarter of the year, the Catalan bank placed €293 million in provisions to strengthen its financial position. Despite the provision, Banc Sabadell had a net profit of €80 million in the first 3 months of 2012, which represents a 5% decrease when compared to the same period last year. The CEO of Banc Sabadell said that creating a “bad bank” in Spain to manage real estate assets is “unnecessary”, as the Catalan bank is “self-sufficient” and is “satisfied” with the management of its own real estate assets.