construction sector

The stock of unsold new houses remains at 107,000 in Catalonia and 818,000 in the whole of Spain

March 10, 2012 12:09 AM | CNA / Julia Reinecke

A study by a Catalan savings bank CatalunyaCaixa recommends helping young people to rent empty apartments in order to reduce the stock. The stock is expected to rise to 131,100 houses in Catalonia, while in the whole Spain the figures will reduce to 693,000 by 2015. However the situation is not the same throughout Catalonia, and some places such as Barcelona have a smaller stock in relation.

Catalonia to have a quality certificate for real estate properties

November 2, 2011 10:48 PM | CNA / Rafa Garrido

With this label, foreign house buyers can be 100% sure that the new bought property fulfils all the quality and town planning regulations. The Catalan Minister for Territory and Sustainability, in charge of Housing, Lluís Recoder, announced the creation of an official label recognising the “quality of real estate”, in order to offer more legal safety and guarantees to consumers. Recoder hopes this certificate will help the sector, as consumers will be in a safe framework, from a juridical point of view.

Catalan economy grew by 0.7% from June 2010 to June 2011

October 4, 2011 12:17 AM | CNA

Catalan GDP grew by 0.7% during the second quarter of 2011 compared to the same period in 2010. However, in the first quarter it grew by 1.1%. The export sector continues being the Catalan economy’s engine, while internal demand fell. Catalan GDP grew by 0.2% from the first to the second quarter this year, the same rate than for the rest of the European Union. At the end of 2010, Catalan GDP represented 209.7 billion euros, more than Finland’s, Portugal’s or Venezuela’s.

Catalan company ‘Ciments Molins’ to invest 191 million euros this year in foreign plants for the first time

July 7, 2011 12:09 AM | CNA / Maite Cirera

Tunisia will benefit from the greatest investment with 73 million euros for the Kairouan factory. Besides, Ciments Molins is aiming to penetrate into the Chinese market with “a small two million euro investment” in prefabricated products, as a start. 87% of the investments will be channeled abroad, specifically in Tunisia, México, Argentina, Uruguay, Bangladesh, and China.