The world’s leader chemical company is planning to invest 12 million euros in its Tarragona plant, the largest one in southern Europe. BASF Spain has its headquarters in Tarragona, and concentrates most of its plants and offices in Catalonia.
The factory will increase its output of biological and pharmaceutical products by 40% over 3 years, taking work from closing factories in Europe and the United States. The Catalan plant is specialised in animal health and vaccines for livestock. It was bought in 2009 by the North American pharmaceutical giant, in a small town near Girona.
This last weekend Catalonia’s F1 Grand Prix and the Barcelona’s International Automobile Fair were held. These two events emphasise the weight the motoring industry has in Catalonia. Actually, Barcelona Metropolitan Area is one of Europe’s largest motoring industry hubs.
The European presentation of the Audi Q3, which will be unveiled in Catalonia, is the focus of the first day’s attention at Bacelona’s Automobile Fair. Electric cars are set to be one of the main attractions of this year’s Fair. The ‘Saló de l’Automòbil’, in its 36th year, will run until May 22nd.
Car manufacturer SEAT, whose factory is in Barcelona, is present for the first time in Shanghai. Its cars will be seen in China’s roads as of 2012. Audi also officially introduced its new crossover model, the Audi Q3, which will be entirely produced in Barcelona. Auto Shanghai 2011 closes its doors on April 28 and is the main show of this kind in Asia.
FDI in Catalonia surpassed the 3.9 billion euros mark in 2010. It represents 34% of FDI in Spain and was almost three times higher than 2009 levels. The Catalan Government is currently negotiating 189 projects that could bring in up to 6.5 billion euros to the Catalan economy.
The French train manufacturer plans to lay off 1,380 employees at its plants in Germany, Italy and Spain. Alstom’s Spanish factory, which has 900 staff members is located in Santa Perpètua de la Mogoda, in the Barcelona Metropolitan Area.
The Catalan pharmaceutical and chemical company was identified in a Wikileaks cable from the U.S. State Department as one of three strategic items the United States had in Spain, together with the natural gas pipeline from Algeria and the Gibraltar Strait. Grifols leads the blood plasma-based products’ market in Europe and is expanding its U.S. presence.
The company sells high end clothing on the Internet. It distributes over 25.000 items of clothing daily amongst its 3,7 million clients. The centre will deliver on demand from Spain and Italy.
The new employees hired will be people currently out of work. The Spanish car manufacturer, which is part of the Volkswagen group, has its factory in the Barcelona Metropolitan Area. SEAT will for the next five years invest 300 million euros annually.
The company will initially invest between 12 and 14 million euros in a logistics centre, with an expansion possibility in the near future. The Chinese multinational company specialising in the tire, rubber and shoe industries chose Barcelona as its base to enter the European and North African markets.
Production will be transferred to the country of origin of the group, Italy. The Catalan motorbike brand Derbi was bought in 2001 by Piaggio. The decision affects more than 230 jobs.
At the end of January, the Japanese motorbike company announced its decision and this week it issued its mass layoff plan. Yamaha will concentrate all its European production in its French factory. The Catalan factory was making profit and trade unions have stressed that the decision is only based on the company’s strategy. Yamaha will keep its commercial offices in Catalonia.
The Catalan multinational car components company Ficosa increased its sales in the US and Mexico by 20%. Ficosa is also expanding its Viladecavalls plant in the South of Barcelona to turn it into an international technological centre. The Catalan company will have more than 28% of the North-American market share of car mirrors.
The net profit for last year illustrates a 0.5% increase in relation to the 2009. The Catalan multinational’s activities in Latin America grew by 30.4%. The energy giant is confident it will reach an agreement with the Algerian company Sonatrach on a pending issue on natural gas price adjustments.