Construction of Neinver outlet near Barcelona to start in May; opening in late 2016

April 9, 2015 09:42 PM | ACN

Construction of the Viladecans The Style Outlets, the Neinver-managed outlet in Greater Barcelona, will begin in May. The official opening is planned for late 2016. The project represents an investment of €80 million on a 75,000 m2 plot located in Viladecans, near Barcelona El Prat Airport. It will house 130 stores and it is expected to generate a total of 1,000 direct and indirect jobs. The first phase of construction will entail the opening of 100 stores on an area of 19,800 m2. The second phase will begin in "two or three years when more than 90% of the first 100 stores are rented", said Eduardo Ceballos, Neinver's Country Manager for Spain. Once completed, the outlet will have 26,500 m2 of shopping space.

Barcelona fashion company Desigual increased profit by 70% in 2013

March 19, 2014 05:46 PM | ACN

The Barcelona-based fashion enterprise announced that the French investment group Eurazeo will join the Catalan company after a €285 million injection. For this operation, Desigual will issue a share offer that will increase its capital by 10%, which will be entirely covered by Eurazeo. In 2013 Desigual posted a net profit of €129 million, which represents a 71% growth on the 2012 figures. The Catalan retail company's turnover reached €828 million, 18% more than the previous year, according to the Director General of Desigual, Manel Jadraque. On Tuesday, when presenting the company's results for 2013, Jadraque disclosed an EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of €242 million, representing 29% of the sales figures.

Madrid-based Neinver to invest €80 million in a macro outlet in Greater Barcelona

April 17, 2013 12:52 AM | CNA / Gaspar Pericay Coll

The new retail outlet mall will create 1,000 new jobs. The Spanish company has bought a plot of land of 25,000 square metres from the Catalan Government to build the macro shopping centre in Viladecans, near Barcelona El Prat Airport. The mall will have top brands at low prices and it is expected to attract not only locals but also many tourists. The land had been reserved since 2006 for the creation of a business hub for companies related to the aero-spatial and mobility sectors, but the project was finally aborted due to the economic crisis. Greater Barcelona already has a similar mall 30 km north of the Catalan capital, while the new macro outlet will be less than 15 km south.

Catalan Mesoestetic Pharma Group exports 85% of its production and is present in 62 markets worldwide

May 19, 2012 12:18 AM | CNA / Bertran Cazorla

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.