industry

Catalan chemists go on strike because of public payment delays

October 25, 2012 01:53 AM | CNA

Chemists in Catalonia had called to go on strike on Thursday because the Catalan Government owed them two payments for publicly funded drugs. According to the Catalan Government, the payments were delayed as they depended on receiving the funds from the Spanish Government’s Liquidity Fund. The Spanish Government announced this week it was transferring €99 million to the Catalan Government to pay the chemists. However, on Wednesday the chemists decided to maintain Thursday’s strike “as a warning signal” for the uncertainty on future payments and because they have not received yet the promised payment.

Iberpotash invests €200 million in digging the longest tunnel in Spain to increase its productivity by 30%

October 19, 2012 12:54 AM | CNA / Estefania Escolà

Catalonia hosts one of the world’s five active potash mines. The company Iberpotash has started to implement its Phoenix Plan, which foresees investing €600 million until 2020. The first phase of the project is the construction of a 4.7 kilometre tunnel to transport the potash mineral extracted from the mine to the treatment plant. The tunnel represents an important environmental improvement, as lorries carrying potash will no longer pass through the town of Súria. They will pass through the tunnel 900 metres under the ground. This first phase will enable the improvement of the mine’s productivity to between 30 and 40%.

Tarragona’s chemical hub represents 25% of Spanish total

October 17, 2012 01:07 AM | CNA / Núria Torres

The chemical industries based in Tarragona, such as BASF, Dow Chemical and Repsol, expect their turnover to increase by 4% in 2012 compared to a year ago. In 2011, they exported 60% of their production, while in 2000 they were only exporting 30% of it. Furthermore, they have requested transport infrastructures to be improved and criticised the increase in energy taxes. About Catalonia’s hypothetical independence, they stated they “will respect what will be decided and will adapt to it”. These companies represent around 7% of Catalonia’s GDP.

Foreign tourism increased by 15% in Catalonia in August, while it dropped by 30% in Madrid

September 22, 2012 12:39 AM | CNA

2 million foreigners visited Catalonia in August, a 14.7% increase compared to August 2011. In total, in the first 8 months of the year, 10.4 million international visitors came to Catalonia, a 12.1% raise compared to the same period from 2011. Madrid was visited by 381,000 foreigners in August, a 29.7% decrease. In the whole of Spain, the number of international tourists reached 7.9 million in August, a 5% increase. Out of all the tourists who visited Spain in August, 25.4% went to Catalonia.

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 Catalan pharmaceutical company Galenicum enters the Brazilian market

August 30, 2012 04:12 PM | CNA / David Tuxworth

The expansion to Brazil is part of the company’s international development plan, which aims to start operations in Latin America, the Middle East and Asia. The company hopes to replicate its successful European business model overseas and has started with the opening of new offices in São Paulo. Galenicum, a developer of generic medicines, is based in Barcelona and produced a turnover of €77 million in 2011, a 542% increase in just two years.

Pharmaceutical spending drops by 24.6% in Catalonia in July

August 27, 2012 11:28 PM | CNA

Compared to a year ago, the Catalan Healthcare System spent 24.6% less last July than in the same month of 2011. In July 2011, Catalonia spent €143.52 million on pharmaceutical products while it spent €108.10 million last month, when the drug prescription fee began and citizens started to pay a greater share of the cost of prescription drugs. Furthermore, drug prescriptions fell by 20%. In the whole of Spain, pharmaceutical spending also decreased by 24% last July, compared to a year ago.

Grifols makes net profit of €133.5 million in the first half of 2012

July 31, 2012 07:42 PM | CNA / David Tuxworth

The Catalan pharmaceutical company Grifols, the third world leader in the production of blood plasma based technologies, has seen its turnover increase by 15% in the first half of 2012 to €1.32 billion. Its net profit for the first half of 2012 was €133.5 million, seven times that of the previous year. The company’s success is attributed to its wide geographical consumer base and the recent purchase of US based Talecris Plasma Resources.

Catalan art industries united against tax rise on culture

July 18, 2012 10:19 PM | CNA

The Minister of Culture, Ferran Mascarell, met in Parliament with representatives from the Catalan cultural sector. In the meeting they discussed how unpopular the new VAT increase is within the cultural sector in Catalonia. Mascarell sent a letter to Spanish Finance Minister, Cristóbal Montoro and Spanish Culture Minister, José Ignacio Wert representing the cultural sector on this issue. The president of the Employers Association of Catalan Cinema, Camilo Tarrazón, said after the meeting "Spain will be the only state to have culture as a luxury good".

Greece’s crisis places Catalonia as the first European destination for Russian tourists

June 8, 2012 04:23 PM | CNA

The arrival of foreign tourists with a greater purchasing power increases tourist income in Catalonia by 15% during the first four months of the year, compared to the same period last year. Traditionally Greece was the main destination for Russian citizens on holidays; however, the economic and political crisis the Hellenic country is going through has placed Catalonia on top of the list of Russian tourist priorities.