Catalan pharmaceutical giant Grifols sees a 23% jump in net profit in the first half of 2014

July 31, 2014 09:29 PM | ACN / Neringa Sinkeviciute

During the first half of the year, the revenues of the Catalan multinational pharmaceutical company Grifols rose by 16.7% to €1.61 bilion, 75% of which came from the Bioscience division and 18% from Diagnostic. Compared to the first quarter, the proportion of total sales generated by each of the group’s divisions remains unchanged after the acquisition of Novartis' diagnostic business. The world´s third-largest blood-derivate product maker, Grifols obtained a net profit of €224.8 million, 23% more compared with the same period last year, as reported by the company to the Spanish Stock Exchange Authority (CNMV). These positive figures were achieved due to the maintenance of financial costs, made possible by improved financial conditions, despite having increased debt in absolute terms.

Chinese Group buys former Telefonica headquarters in Barcelona for €56 million

February 12, 2014 07:41 PM | ACN

Chinese Group Platinum Estates has purchased the former headquarters of Telefonica in Barcelona, located in the Eixample neighbourhood, for €56.4 million, according to a statement by Renta Corporación, which managed the transaction. Furthermore, investors will allocate €45 additional million to transform the building, once belonging to the first telecommunications company in Spain, into a block of flats. The building, located on the Roma Avenue, was the propriety of Cerep Investment, a company controlled by private equity Group Carlyle, until it went bankrupt in the spring of last year. The buyer is a family group based in Hong Kong, which is part of Platinum Estates and is led by textile tycoon Harry Mohinani, of Hindu origin.

Indian car company to invest €30 million in Catalonia

November 26, 2013 07:07 PM | ACN / Rafa Garrido

Samvardhana Motherson Peguform, which produces components and materials to build cars, has announced a €30 million investment in Catalonia, during the business trip of a delegation led by President of the Catalan Government Artur Mas. The Samvardhana Motherson Group, based in Noida, already owns 4 factories in Catalonia, from the former German company Peguform – which was purchased in 2011 by the Indian multinational. €25 million will be invested in rebuilding and enlarging its Polinyà plant, in Greater Barcelona, which produces car paint and was accidentally burned last September. The remaining €5 million will be allocated to upgrading its Ripollet plant, also based near the Catalan capital. In fact, Barcelona is one of the main hubs in Europe in the car industry, with several manufacturing companies building vehicles and components.

Gas Natural Fenosa to provide liquefied natural gas to South Korean company Kogas for the next two years

September 12, 2013 10:39 PM | ACN

Barcelona-based Gas Natural Fenosa (GNF) has signed a contract with the South Korean company Kogas to supply between 1 and 1.5 bcm for the next two years. This is the first deal that Catalan GNF has signed with Kogas, the largest gas operator in South Korea and the biggest importer of LNG in the world. Furthermore, in recent months, GNF has signed contracts with companies in both Japan and India, contributing to its increase in the Asian market, which has a high growth potential in the coming years.  International sales now represent 30% of the total portfolio of the Catalan energy company.

Catalan exports grow in Australia, Latin America and Northern Africa

April 17, 2013 12:07 AM | CNA / Josep Ramon Torné / Marta Raich

54% of Catalonia’s external sales go to the international market while the remaining 46% go to the rest of Spain. The number of Catalan companies which sold their products outside of Spain in 2012 was 45,000 enterprises, representing a 6.3% increase in relation to the 2011 figures and 11,554 more companies than at the start of the economic crisis. The export sector represented €58.28 billion, which was 28% of Catalonia’s GDP in 2012. The figure represented a 5% increase compared to 2011 and a 15% growth on data from before the economic crisis. Sales outside the European Union increased by 16% last year, especially in Oceania (61%), Africa (24%) and Latin America (21%).

Catalan field hockey players triumph in first ever Hockey India League

February 13, 2013 03:49 PM | Paco Cavaller

David Alegre, Quico Cortés and Roger Padrós are three Catalan field hockey players who were selected in the Hockey India League draft. All three have been representing Catalonia in this league’s debut season. The goalkeeper Cortés eventually won the HIL championship with his team, the Ranchi Rhinos. While 11 Catalan players were part of the draft, only three of them became HIL players. They have fought with their respective teams to win the league and have already flight back to their European clubs after a short but intense experience.

An opera based on philanthropist Vicente Ferrer to be shown in Barcelona’s Sant Jordi pavilion

November 27, 2012 11:16 PM | CNA / Margalida Amengual

The opera is based on Vicente Ferrer, a Catalan who devoted his life to helping the poorest people in Anantapur, in India’s Andra Pradesh. Vicente Ferrer’s project brought aid to some 2.5 million people. He died three years ago. On the 1st of December, the “opera collage”, as its author Joan Martínez calls it, will be shown in Barcelona’s Sant Jordi pavilion. Martínez met Ferrer in India and created this show in his honour. ‘L’home del paraigua’ has already premiered at the Liceu Theatre in September 2010.

Barcelona-based Gas Natural Fenosa signs an estimated €1 billion contract with Indian Gail

August 31, 2012 11:40 PM | CNA

The Catalan multinational company will provide Gail, the largest gas distributor in India, around 3 bcm of liquefied natural gas for three years. This quantity represents 10% of Spain’s annual gas consumption. Gas Natural Fenosa refused to disclose the value of the contract, but sources from the sector estimate it would be worth more than €1 billion. This would be the largest contract in Asia for this Barcelona-based company, which has a significant presence in South America.

‘The Human Tower’, a story of passion and tradition

June 9, 2012 01:12 AM | Javier Domínguez

How can you reach out and touch the sky with your fingers? Is it better alone or together with others? Ram Devinevi and Cano Rojas give a clear answer to this question in their documentary which shows how three different cultures -the Catalan, the Indian and the Chilean- all with a common aim: to build the highest human constructions. A formidable challenge which can only be achieved thanks to the huge effort of three hundred bodies climbing and the technical guidelines of an experienced coach.

Martin Schulz: "In Europe, we lack imagination" and "leadership"

May 9, 2012 10:36 PM | Irene García Pérez

On Europe’s Day, CNA reflects the conference the President of the European Parliament gave in Barcelona last week. The German politician emphasised the importance of the Mediterranean Basin and its great economic potential; the historical moment we are living due to the Arab Revolution; the lack of leadership in Europe and importance of working for a strong European Union in order stay at the forefront of the political scene.