Monthly Archives: March 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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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, … Continue reading

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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 … Continue reading

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High inflation persisted in China in February

From http://www.ft.com/cms/s/0/96702c28-4b9a-11e0-89d8-00144feab49a.html (in English) The inflation rate in China rose by 4.9% in February 2011, specially because of the increase on food prices, which were 11% higher from one year earlier and that rose by 0.7% since January. However, China’s … Continue reading

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Annual inflation rate in Catalonia – February 2011

From http://www.expansion.com/2011/03/11/catalunya/1299837637.html and http://www.ine.es/daco/daco42/daco421/ipcpro0211.pdf (in Spanish) Inflation rate in Catalonia increased 0.1% in February and interannual values reached 3.6%, as well as in overall Spain. Among the four Catalan provinces, Girona had the highest increase (0.4%) and the highest rate … Continue reading

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Chinese multinational Double Star Group will settle in Catalonia

From http://www.catalannewsagency.com/news/business/chinese-doublestar-group-open-its-european-headquarters-catalonia (in English) Double Star Group, a Chinese multinational company that distributes rubber-derived products, has chosen Catalonia as their base to supply European and Northern African markets. It is expected that initial investment by Double Star Group will be … Continue reading

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