Thursday, March 31, 2011

Foreign investment in Catalonia in 2010 accounted for 34% of that in overall Spain

From http://www.acc10.cat/ACC1O/cat/empresa-ACC1O/premsa/noticies-notes-premsa/2011/110329.jsp (in Catalan)

According to information from the Spanish Ministry of Industry, Tourism and Trade, direct foreign investment in Catalonia increased from 11% to 34% of that in overall Spain between 2009 and 2010. Total investment in 2010 reached 3.95 billion euros and it was mainly happening in the transportation and logistic sectors.

Monday, March 28, 2011

Barcelona nominated fifth best european city for business

From http://www.expansion.com/2011/03/24/catalunya/1301003157.html (in Spanish)

The city of Barcelona is doing efforts to counteract the economic crisis and is improving the scores on business opportunities, on foreign investment projects and on export perspectives. According to a study released by the Observatori de Barcelona, where 28 indicators related to six different areas (business, knowledge, tourism, sustainability and quality of life, prices and costs, and work market and formation) were analyzed, Barcelona is currently the fifth best european city for business, right after London, Paris, Frankfurt and Brussels. The results of this study were presented by the first deputy mayor of the city of Barcelona, Jordi William Carnes, and by the president of the Barcelona Chamber of Commerce, Miquel Valls. Other results from the same study placed Barcelona in high positions in other rankings, such as #6 in foreign investment projects, #4 in export perspectives, #2 in organization of international meetings (data from 2009), #18 in scientific production, #10 in number of airport passengers and #49 in cost of life.

Thursday, March 24, 2011

China increases imports of Spanish olive oil

From http://www.icex.es/icex/cda/controller/pageICEX/0,6558,5518394_5519005_6366453_4472828,00.html (in Spanish)

In 2010, exports of Spanish olive oil reached 60% of its total production and emerging markets like China, Russia and Brazil are becoming of increasing importance. China imports in 2007 ranked in the fifteenth position and in only 3 years have moved to the tenth position, totalling 34.6 million euros in sales.

Tuesday, March 22, 2011

Mango presents collection in Shanghai for the first time

From http://www.expansion.com/2011/03/21/empresas/distribucion/1300663818.html (in Spanish)

Catalan clothing company Mango has made a bold move by not choosing Paris or Milano to present their collections abroad, but by choosing Istanbul, Moscow and Shanghai. On March 19th, 2011, Mango presented for the first time his collection in China, where it has 134 shops and were it has opened a new office in Shanghai, as explained in a previous post at sinalunya.com.

Barcelona port may steal chinese traffic to northern european ports

From http://www.expansion.com/2011/03/21/catalunya/1300747457.html (in Spanish)

A recent study has concluded that Spanish mediterranean ports, mainly Algeciras, Barcelona and Valencia, may steal up to 15% of traffic to northern european ports like Antwerp and Rotterdam in a timespan of 10 to 15 years. The authors Jacint Soler and Lijing Ye presented the study in the Barcelona offices of Casa Asia and stated that joint promotion efforts and new railroad lines are needed, but that factors such as the increase in the oil prices and the greater depth of Spanish ports as compared to Italian ones may be instrumental for this mid-term shift of tendency. The complete report can be downloaded from the website of Casa Asia at http://www.casaasia.cat/media/asset_publics/resources/000/005/182/original/201009estudiports.pdf.

Friday, March 18, 2011

Spanish car maker SEAT soon to sell cars in China

From http://www.expansion.com/2011/03/11/catalunya/1299837128.html (in Spanish)

Volkswagen-owned Spanish car maker SEAT announced that will start selling cars in China by 2012. As a first step, the company will attend the 2011 Auto Shanghai on April 21st to 28th.  SEAT president, James Muir, announced that the cars to be sold initially in China will be produced in the Martorell factory (Barcelona province). These future sales in China are expected to help SEAT get away from red numbers (311 million euros of losses in 2010) and return to benefits by 2013, as announced by Hans Dieter Pötsch, finantial director at Volkswagen. In contrast, 2010 was the best year in history of Volkswagen, with a net profit of 7.2 billion euros, an eight-fold increase from 2009.

Wednesday, March 16, 2011

Catalan software company Zyncro plans worldwide expansion

From http://www.expansion.com/2011/03/09/catalunya/1299657167.html (in Spanish)

Catalan software company Zyncro, with offices in Barcelona, Silicon Valley (US) and Tandil (Argentina) has received an increase of capital of 1.2 million euros, which shall be instrumental in its future worldwide expansion. Zyncro plans to land in countries like Italy, France, Germany, Sweden, Russia, México, Brazil, Chile, Perú, Israel, Pakistan, Japan and China. Simultaneously, since February 1st, 2011, Zyncro has launched an English version of its blog, which can be read at http://en.blog.zyncro.com.