SlideShare a Scribd company logo
1 of 33
Download to read offline
LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA)
CIP INFORMATION

 Barcelona, a good investment : practical guide for
 making business investments in Barcelona
 I. Carranza, Isabel, ed. II. Sancho, Fina, ed. III.
 Forga Alart, Elisabeth, ed. IV. ACC1Ó V. Barcelona.
 Sector de Promoció Econòmica
 1. Inversions estrangeres – Barcelona – Manuals,
 guies, etc. 2. Empreses – Creació – Barcelona –
 Manuals, guies, etc. 3. Barcelona – Condicions
 econòmiques – Manuals, guies, etc.
 338.1(467.1 Ba Barcelona)




CREDITS


EDITION
BARCELONA CITY COUNCIL
Economic Promotion sector
Llacuna 162, 1st floor
                                                       BARCELONA,
08018 - Barcelona - Spain
Phone: +34 93 256 39 29
proeconomica-ajbcn@bcn.cat
                                                       A GOOD
ACC1Ó CIDEM|COPCA
Invest in Catalonia
Passeig de Gràcia, 129
                                                       INVESTMENT
08008 - Barcelona-Spain                                Practical guide for making business investments in Barcelona
Phone: + 34 93 476 72 00
catalonia@cidem.gencat.cat




COORDINATION
Isabel Carranza - Barcelona City Council
Fina Sancho i Elisabet Forga - ACC1Ó




DESIGN
G.Gràfic Comunicació




PRINTING
Cevagraf, S.C.C.L.




D.L.: B-8742-2009
Barcelona, March, 2009
No. of copies: 1.000
Mediterranean, cosmopolitan, entrepreneurial, open and                           As the Minister of Innovation, Universities and Enterprise
tolerant, Barcelona is a dynamic, trendsetting city that is streng-              of the Catalan government, it is my pleasure to welcome you and
thening its personality and promotes creativity, talent, innovation and an in-   thank you for your interest in this publication.
ternational outlook. Thanks to all these factors, the Barcelona area boasts
one of the highest levels of development potential in Europe and has be-         When entrepreneurs choose a location for their company and when companies
come a very attractive place to set up a company.                                make a new business investment, they must evaluate the full range of factors that
                                                                                 can directly help them make their decision.
This is the second edition of Barcelona: A Good Investment, the practical        Catalonia boasts many of these factors: a dense, diversified business commu-
guide to doing business in the city. It was jointly produced by Barcelona City   nity; good communications; a modern taxation system; good general services;
Council’s Department of Economic Promotion and the Catalan government’s          qualified human resources; efficient suppliers; incentives for companies; exce-
ACC1Ó agency, and provides useful, practical information for anyone inte-        llent quality of life; and government policies that take special care to create a fa-
rested in starting up a company and doing business in Barcelona.                 vourable atmosphere for business.
                                                                                 Catalonia has talent, knows how to face new challenges, and offers major pre-
Barcelona’s long industrial tradition, coupled with its dense business com-
                                                                                 sent and future opportunities in the fields of innovation, research and develop-
munity, generates an important centre for attracting foreign investment, par-
                                                                                 ment, design and creativity.
ticularly in industry, advanced services and new economic activities. Around
3,000 foreign companies are located in Catalonia, which represents 25% of        The fact that Barcelona, the capital of Catalonia, was recently selected as the he-
foreign investment in Spain. Increasingly, companies looking towards the fu-     adquarters of the Secretariat of the Union for the Mediterranean has consolida-
ture are choosing to set up in Barcelona, and we are proud to say that once      ted the city’s reputation as a reference point on the Mediterranean, and has
they are here, their expectations are completely satisfied. Similarly, compa-    positioned it as a major hub for Euro-Mediterranean relations and a promoter of
nies already established in the city often act strategically by making new in-   knowledge, research and innovation. This development opens the door to new
vestments aimed at moving towards activities of greater added value.             challenges and opportunities for companies and entrepreneurs in a new frame-
                                                                                 work of cooperation between the European Union and the countries on the sou-
This guide provides socioeconomic data on Barcelona and information about        thern shore of the Mediterranean.
new town-planning projects and activity in strategic sectors. It also provides
                                                                                 The Economic Promotion Sector of Barcelona City Council and ACC1Ó, which be-
a schematic outline of the steps to be taken to start a business activity.
                                                                                 longs to the Catalan Ministry of Innovation, Universities and Enterprise, have pu-
                                                                                 blished this guide with the aim of providing a detailed view of how Catalonia and
We hope that this second edition of our guide will be of help in your decision
                                                                                 Barcelona combine all these factors, and of offering useful, practical information
to do business in Barcelona, and that it will speed up the process of enga-
                                                                                 for investors to answer any questions they may have regarding starting up and
ging in new economic activity.
                                                                                 developing business projects in Catalonia.
We look forward with pleasure to welcoming you to Barcelona and Catalonia.       ACC1Ó is staffed by a professional team with multidisciplinary experience that is
                                                                                 committed to your investment project and will work with your company before, du-
                                                                                 ring and after the project has started.
                                                        JORDI HEREU I BOHER
                                                                                 I would like to conclude by congratulating and encouraging all the entrepreneurs who
                                                           Mayor of Barcelona
                                                                                 have created or will create companies in Catalonia. Each of you is and will be a key
                                                                                 part of our business community and one of the economic drivers of Catalonia.


                                                                                 JOSEP HUGUET I BIOSCA
                                                                                 Minister of Innovation, Universities and Enterprise
BARCELONA ACTIVA: SERVICES FOR                                                                                         ACTION PRINCIPLES
                                                         ENTREPRENEURS, EUROFFICE
                                                         PROGRAMME, BARCELONA NETACTIVA                                                                                         ::   The company as client
                                                                                                                                                                                ::   Contribution of value
                                                         Barcelona Activa is the municipal agency that hand-                                                                    ::   “Made to measure”
BARCELONA CITY COUNCIL:                                  les local development and is the leader in accom-                                                                      ::   Confidentiality
INTERNATIONAL ECONOMIC PROMOTION                         panying entrepreneurs.                                       ACC1Ó- INVEST IN CATALONIA                                ::   Rapid response
                                                                                                                                                                                ::   Teamwork
International Economic Promotion is the Barcelona        EUROFFICE                                                    ACC1Ó is the agency for business innovation and in-       ::   Creation of synergies
City Council department that offers advisory servi-      With 60 members, the EurOffice programme aims                ternationalization that forms part of the Catalan Mi-     ::   “One-stop shop”
ces to companies, professionals and institutions in-     to facilitate access by innovative SMEs to interna-          nistry of Innovation, Universities and Enterprise. It     ::   Dealing with incidents
terested in setting up and doing business in             tional markets through exchange and the promo-               has an ample scope that includes the business com-
Barcelona. It also offers a wide range of services for   tion of services to provide advice on business               munity, entrepreneurs, universities, the public admi-
international companies that are already working in      internationalization.                                        nistration, private investment and markets.               SERVICES
the city and are interested in expanding.
                                                         The programme is a network of the best business              Invest in Catalonia, forms part of the ACC1Ó Inter-       Guidance Service for Foreign Companies
At the same time, International Economic Promotion       incubators and science and technology parks in Eu-           nationalization Centre, whose mission is to attract fi-   : : Business context: basic information on the busi-
works towards increasing Barcelona’s financial           rope and the rest of the world to help share re-             nancially and technologically sound business              ness environment, legal framework, macroeconomic
flows, including inward flows (attracting investments,   sources and knowledge with the aim of providing              investment to Catalonia that will generate wealth         data
companies, professionals, institutions, congresses,      support for business internationalization. The net-          and stable, quality employment. The objectives of In-     : : Industry knowledge: industry reports, statistics
etc.) and outward flows (international promotion of      work allows companies to participate in technology           vest in Catalonia’s advisory and management pro-          : : Information on incentives and financing
the city’s professionals, products and services).        environments all over the world and to launch their          grammes are as follows:                                   : : Organization of meetings with foreign companies
                                                         products and services on new markets.                                                                                  located in Catalonia
                                                                                                                      : : To attract high-impact business investments.          : : Visits to business locations
SERVICES                                                 BARCELONA NETACTIVA                                                                                                    :: Contacts with official institutions and organizations
                                                         The Barcelona NetActiva virtual innovation environment       : : To promote new investments, reinvestments and
: : Economic information that has been processed         is a platform that provides a community of 732 com-          business expansion in Catalonia.                          Investment Project Management Service
and personalized to help make decisions about            panies with access to a set of specific services for ac-                                                               : : An experienced, professional, multidisciplinary
where to locate a business, as well as market re-        tive companies, as well as tools for business                : : To promote the development of new business ac-        team that offers technical assistance in all project
search and macroeconomic analysis.                       cooperation such as a business opportunities forum, a        tivities in keeping with the economic situation in Ca-    phases: planning, development, implementation
: : Barcelona Seminars: sessions for institutional       virtual school for entrepreneurs and other services.         talonia.                                                  and follow-up.
groups and business delegations that provide full im-    > www.barcelonactiva.es
mersion in the economic situation in Barcelona: the                                                                   : : To encourage business investments based on re-        Specialized Services
city’s past, current projects and future prospects.                                                                   gional balance, especially in areas affected by the       : : Specialized Service of Advice on Incentives and
:: Advice and accompaniment on foreign investment        22@BCN                                                       withdrawal of assets and relocation processes.            Financing
projects and business.                                                                                                                                                          : : Specialized Service on Locating a Business
: : Organization of business agendas and matchma-        22@Barcelona is the largest urban-renewal project in         : : To be a bridge between companies and the public
king service.                                            the city of Barcelona. It involves a 200-hectare area of     administration for business investments in Catalonia.     Service to Detect Investment Opportunities
: : Business landing platform: office space is made      industrial land in the city’s Poblenou district. This in-                                                              With more than 20 years of experience abroad,
available to international companies (Barcelona Bu-      itiative constitutes a new city model that will respond to   : : To provide support to the consolidation of the Ca-    ACC1Ó has a network of 38 international offices.
siness Corner, Barcelona Activa’s International In-      the challenges of the knowledge society. In this model       talan business community by finding new partners          The aim of the more than 150 professionals who
cubator, international business landing platform in      of a compact city, the most innovative companies work        and assistance for technology and production agree-       work there is to:
22@bcn).                                                 side by side with universities, research centres, training   ments with foreign firms.                                 :: Attract investment in segments that are strategic
:: Internationalization support for local companies.     institutions and transfer-technology centres, as well as                                                               for Catalonia.
Business missions to international markets (busi-        residents, public services and parks.                        : : To provide personalized professional advice to        :: Promote specific actions to attract and implement
ness bridges and technology bridges), in collabora-      > www.22barcelona.com                                        each investor.                                            investments.
tion with the Chamber of Commerce.                                                                                                                                              : : Encourage collaboration between Catalan com-
>www.bcn.cat/barcelonabusiness                                                                                                                                                  panies (technology transfer, know-how, etc.).
                                                                                                                                                                                > www.acc10.cat
INDEX       Good reasons to invest in Barcelona          10




        1   Economic introduction
            1.1 Main economic indicators
            1.2 Strategic and emerging industries
                (clusters)
            1.3 Location, the property market,
                                                          12
                                                          22


                facilities for business landing platforms
                and international entrepreneurs           36




        2   How to start doing business in
            Barcelona
            2.1 Main ways to do business
            2.2 Procedures for starting to do
                business
                                                         40

                                                         43
            2.3 Tax system: taxes and deductions         46
            2.4 Work and residence permits               49
            2.5 Employment system                        51
            2.6 Grants, subsidies and financing          55




        3   Useful Addresses
            3.1 By topic                                 60
: : Owing to its strategic geographical location,      : : Barcelona’s international standing is recogni-
                                                               Barcelona is Europe’s southern gateway and pro-        zed by its high ranking among cities thanks to its
                                                               vides excellent access to markets in North Africa,     very favourable conditions for investors, its en-
                                                               the Mediterranean region and Latin America. The        trepreneurial approach, urban character, quality of
                                                               city also connects to sea routes to Asia through       life, international conferences and meetings, and
                                                               the Suez Canal, and all its most important logis-      prestigious city brand.
                                                               tics and commercial infrastructure - namely the
                                                               port, airport, duty-free zone, logistics parks and
                                                               the Fira de Barcelona exhibition centre - is less      : : Barcelona is an ideal city for living and working.
                                                               than 5 km from the city centre.                        It offers the best quality of life of any city in Europe,
                                                                                                                      with its stable Mediterranean climate, sunshine,
                                                                                                                      beaches, wide range of cultural and leisure acti-
                                                               : : The Barcelona metropolitan area boasts com-        vities, modern healthcare system open to ever-

GOOD REASONS                                                   prehensive transport infrastructure, including a
                                                               motorway network that connects it to the rest of
                                                               Europe, the fastest-expanding airport in Europe
                                                                                                                      yone and more than 4,500 educational
                                                                                                                      institutions. It also has a comprehensive public
                                                                                                                      transport network and is surrounded by green

TO INVEST                                                      and the largest port in Spain that is the leader in
                                                               the Mediterranean region in terms of container
                                                               traffic. The high-speed train connects the city to
                                                                                                                      areas.



IN BARCELONA                                                   the rest of Spain and will connect it to the Euro-
                                                               pean network by 2011. The city also has an ex-
                                                               cellent public transport system (train, metro, bus,
                                                                                                                      : : The city is a great source of highly skilled
                                                                                                                      human resources. The wide range of academic
                                                                                                                      institutions includes 5 public and 3 private uni-
                                                               tram and bicycle-rental scheme).                       versities, prestigious business schools such as
Barcelona possesses many advantages that make it a great                                                              IESE, ESADE and EADA, and 27 international
city in which to live, work and do business. It is therefore                                                          schools. It is a preferred destination for foreign
                                                               : : Barcelona is the centre of a large, dynamic, di-   students, who are drawn to the extensive use of
very attractive for new commercial activities because of all   verse economic area with an area of influence of       new technologies and the city’s proactive approach
its competitive advantages.                                    4.8 million people in the greater metropolitan         towards innovation and creativity.
                                                               area, 7.2 million in Catalonia as a whole and 18
                                                               million in the Mediterranean Arc stretching from
                                                               Spain to the south of France. GDP grew by over         : : Furthermore, Barcelona is not standing still.
                                                               3% in 2007, and 70% of Catalonia’s GDP is con-         Urban transformation and renewal is taking place
                                                               centrated in the city. Barcelona is ranked sixth in    in many areas of the city: the port and airport are
                                                               terms of population among urban areas in Europe        being enlarged and new logistics parks are under
                                                               and fifth in terms of industrial concentration.        construction; the high-speed train is up and run-
                                                                                                                      ning and public-transport projects are given high
                                                                                                                      priority; the Sagrera-Sant Andreu, Marina and Ver-
                                                               : : The chemical, pharmaceutical, automotive, me-      neda neighbourhoods are being remodelled; in-
                                                               tallurgical, textile, food, consumer-electronics and   vestments are being made in technology and
                                                               graphic-design industries have a long-standing         innovation in the 22@ district; science and tech-
                                                               presence in Barcelona, while new ones are also         nology parks are being expanded; the Fira de Bar-
                                                               emerging, including aeronautics, information and       celona exhibition centre’s role as an economic
                                                               communication technologies (ICTs), biotech, the        driver is being consolidated; and the city’s green
                                                               media, energy, agri-food and design, which are         spaces and woods in Tres Turons Park, Montjuïc
                                                               grouped in knowledge clusters.                         and Collserola are being extended.


                                                               : : Barcelona is considered Europe’s fifth-best city   : : The property market offers a wide and cons-
                                                               for business, and its greater metropolitan area is     tantly expanding range of offices, commercial pre-
                                                               a consolidated base that is home to the largest        mises and industrial buildings with an excellent
                                                               number of foreign businesses in Spain. These           quality-price ratio. City neighbourhoods under-
                                                               2,700 companies account for more than half of          going urban renewal offer new housing incentives.
                                                               the Japanese, French, German, American, Italian
                                                               and Dutch companies that have offices in Spain.
                                                               The city has furthermore consolidated itself as a      : : Barcelona City Council and the Catalan go-
                                                               home for the European divisions of multinational       vernment work side by side with business, and
                                                               corporations.                                          the traditional, close relationship they have enjo-
                                                                                                                      yed through public-private partnerships has been
                                                                                                                      a key factor in the city’s transformation. Both bo-
                                                                                                                      dies have services and teams dedicated to sup-
                                                                                                                      porting companies and developing business.
1.1 Main economic                                                                                                                                         economic introduction



                            indicators




                        1.1.1 Essential information about                                Demographically, the city of Barcelona is becoming increa-
                        the city                                                         singly richer in diversity, with over 280,000 foreign resi-
                                                                                         dents from more than 150 countries, amounting to 17.3%
                                                                                         of the total population (as of January 2008). Looking at re-
                        BARCELONA’S LOCATION                                             cent immigration by continent, South America tops the list
                                                                                         with 45.5%, owing to the many Latin Americans who live in
                        Barcelona is the economic, cultural and administrative capi-     the city; second is Europe with 30.3%; third is Asia with
                        tal of Catalonia and one of the foremost cities in Spain and     16.8%; and, finally, Africa accounts for 7.3%.
                        the European Union. It is the centre of an extensive metro-
                        politan area made up of more than 217 towns, and is home
                                                                                          LAND AREA AND POPULATION (JANUARY 2007)
                        to 4.8 million inhabitants (10.7% of the population of Spain).
                                                                                                                 Population Population            Land area         Density
                                                                                                                   January     as % of                (km2)          (inhab.
                        Located on the Mediterranean coast in Northeastern                                           2007     Spanish                                  /km2)
                        Spain, Barcelona’s level of urban density is one of the                                               total (%)
                        highest in Europe, with almost 1.6 million people living
                                                                                         Barcelona              1,595,110                3.5%            101       15,793
                        in an area of just 100 square kilometres.
                                                                                         Metropolitan           4,856,579              10.7%           3,236         1,501
                        The city is at the forefront of the Mediterranean Arc, an        area
                        emerging area of economic activity in Southern Europe
                                                                                         Catalonia              7,210,508              16.0%         31,895             226
                        which includes Southeast France, the Balearic Islands,




                   1
                        the regions of Valencia and Aragon in Spain, which has           Spain                 45,200,737            100.0%        505,988                89
                        a combined population of 17 million.
                                                                                                 Source: Barcelona City Council, Spanish National Statistics Institute (INE).

                        The Barcelona metropolitan area is ranked sixth in terms
                        of population among urban areas in Europe and fifth in
                        terms of industrial concentration.                               The influx of immigrants into Barcelona has rejuvenated
                                                                                         the population pyramid and increased the city’s active po-
                                                                                         pulation. Specifically, the percentage of children under 15
                         LOCATION MAP
                                                                                         in relation to the overall population has increased, while
                                                                                         the percentage of people over 65 has decreased. 53% of
                                                                                         the foreigners living in Barcelona are male and 47% are fe-
                                                                                         male, and their average age is 32.



                                                                                          FOREIGNERS IN BARCELONA BY CONTINENT OF ORIGIN




ECONOMIC INTRODUCTION                                                                                                            Source: Barcelona City Council (January 2007).
                                                                                                                                                                                              12   13
1.1.2 A diversified economic structure                                      sult, the city has focused on the services industry, which                                                                                                                                                                                  economic introduction
                                                                            now employs 83.1% of the working population.
The Catalan economy has traditionally been one of Spain’s
economic engines, and still has the highest GDP in abso-
lute terms of all Spain’s autonomous communities.                            EMPLOYMENT STRUCTURE
                                                                             percentage of workers by economic sector, 2007

According to data from the Catalan Statistics Institute                                              Barcelona              Catalonia                Spain
(Idescat), the Catalan economy generated €208.63 billion
of output in 2007, i.e. 19.87% of the Spanish total. Ca-                    Agriculture                    0.2%                   0.5%                0.6%
talonia is the region that contributes most to Spain’s GDP
                                                         ,
                                                                            Industry                      11.0%                 20.0%               16.5%
and the second-largest in terms of population.
                                                                            Construction                   5.6%                 10.3%               13.0%

 GDP AT MARKET PRICES                                                       Services                      83.1%                 69.4%               69.9%

                        Spain      Catalonia       Catalonia as a %         Total                       100.0%                100.0%              100.0%        1.1.3 Foreign investment in Barcelona                                            The area also continues to be a key destination for highly
                  (€ millions)   (€ millions)              of Spain
                                                                                                                                                                                                                                                 specialized services, including administrative, financial
2005                904,323         181,029                   20.02%                                             Source: Barcelona City Council and Idescat.
                                                                                                                                                                In 2007, Catalonia received €2,521 million in foreign direct                     and marketing services centres. These centres are lea-
                                                                              Note: Figures are for workers who are registered in the Social Security system;   investment, a figure almost exactly the same as that for                         ding the current process of transforming companies into
2006                976,189         195,284                   20.00%                             Barcelona figures also include those who are self-employed.
                                                                                                                                                                2006, confirming that in recent years the level of foreign in-                   network structures with autonomous units in different lo-
2007              1,049,848         208,627                   19.87%                                                                                            vestment has been stable. In Spain, the figure was €28,850                       cations.
                                                                            The percentage of workers in the services industry in Bar-                          million, triple that of the previous year, thanks largely to one
                                                   Source: Idescat, INE.    celona is considerably lower than that of other large cities                        important event which represented 65% of the total, namely
                                                                            such as Paris, London and Frankfurt, where the services                             the sale of the electricity provider Endesa to the Italian com-                  TRENDS
                                                                            industry accounts for 95% of the economy. Therefore, it                             pany Enel.
 ECONOMIC GROWTH                                                            could be said that Barcelona maintains a diverse produc-                                                                                                             Barcelona is receiving an increasing flow of investment for
 Annual variation of GDP growth rates at constant prices
                                                                            tion structure, with a strong services industry and a sig-                                                                                                           the creation of management centres, research and distribu-
                                      2006                       2007                                                                                            FOREIGN INVESTMENT
                                                                            nificant industrial base.                                                                                                                                            tion centres, software development centres and design cen-
                                                                                                                                                                 in million €
Catalonia                               3.9                        3.6                                                                                                                                                                           tres in diverse industries such as professional and consumer
                                                                            The production structure can also be analysed in terms of                                                2006                     2007       % Variation             electronics and the automotive industry.
Spain                                   3.9                        3.8                                                                                                                                                        07/06
                                                                            companies. According to the Central Companies Directory                                                   Total           Total    excluding   excluding
European Union (UE25)                   3.1                        2.9      of the Spanish National Statistics Institute (INE), 78.1%                                                                            Endesa      Endesa              These are some of the industries, activities and uses of the
                                                                                                                                                                                                                    sale        sale
                                                                            of firms with employees in Barcelona Province in 2007                                                                                                                future that the city wants to promote. In order to do so, Bar-
                                          Source: Idescat, INE, Eurostat.   were in the services industry, 14.2% in industry and 7.3%                           Catalonia         2,577.5         2,521.4       2,521.4                -2.2      celona will seek to attract companies and the business of
                                                                            in construction.                                                                                                                                                     large multinationals in the fields of design, knowledge, dis-
                                                                                                                                                                Spain             9,751.1       28,849.1 10,077.1                       3.3
                                                                                                                                                                                                                                                 tribution and customer-service call centres.
The pattern for recent years shows that, in economic
                                                                                                                                                                                                         Source: Secretary of State for Trade.
terms, Spain and Catalonia have grown at rates that are                     BUSINESS STRUCTURE                                                                                   Note: Total gross investment not including holding companies.
significantly higher than the E.U. average. In 2007, the                                                                                                                                                                                         FOREIGN INVESTMENT TABLE
Spanish and Catalan economies grew by 3.8% and 3.6%,                        At the end of 2007, Barcelona Province was home to a
respectively. After an intense period of economic expan-                    total of 477,942 companies, according to the Central                                The Barcelona area is home to a concentration of major,
                                                                                                                                                                                                                                                  NUMBER OF FOREIGN COMPANIES, 2007
sion that lasted for more than a decade, economic indi-                     Companies Directory of the INE. This figure represents                              well-established foreign businesses, and it is an important
cators in 2008 showed results in keeping with the global                    14% of all Spanish companies and 76.3% of all Catalan                               centre for attracting foreign investment, particularly in in-                    Barcelona                                                 1,369

economic slowdown.                                                          companies.                                                                          dustry and the high-level service industry. There are over                       Barcelona Province                                        2,880
                                                                                                                                                                3,000 foreign companies operating in Catalonia, amoun-
Barcelona’s economic growth in recent years has placed it                                                                                                       ting to approximately 34% of foreign companies in Spain.                         Catalonia                                                 3,116

among the cities with the strongest economies in the                        EMPLOYMENT                                                                          Foreign firms generate around 11% of jobs and account
world, according to a study carried out at the start of 2007                                                                                                    for 20% of the total turnover of companies located in Ca-                                                                 Source: Invest in Catalonia

by the accounting firm PriceWaterhouseCoopers. Barce-                       According to official job-market data, the employment rate                          talonia. Approximately 90% of the foreign companies in
lona is ranked 31st on the list, above cities such as                       among citizens of working age in Catalonia and the city of                          Catalonia are found in the Barcelona area.
Shanghai and Singapore, out of the 36 cities with the                       Barcelona is high compared to the European average and                                                                                                                FOREIGN INVESTMENT IN CATALONIA, 1998-2007
                                                                                                                                                                                                                                                  In thousands of euros
strongest economies, which together account for 16% of                      the rest of Spain. The unemployment rate in Barcelona                               Well-established firms in the region tend to act strategi-                                                                        c 22,223,844
world production.                                                           and Catalonia is higher than the European objective for                             cally by making new investments aimed at moving subsi-
                                                                                                                                                                                                                                                 Percentage of Spanish total (*)                          17.80%
                                                                            2010 (70%) set at the Lisbon European Council. Further-                             diaries towards activities that generate higher levels of
                                                                            more, the rate of unemployment, which surveys estimated                             added value. The chief reason for this is the high satis-
                                                                                                                                                                                                                                                                                           (*) Excluding Endesa sale.
ACTIVITY BY INDUSTRY                                                        to be at 7%, is also lower than the European average. Com-                          faction level (97%) of the companies already operating in
                                                                            pared to its neighbours, Barcelona’s job market is holding                          the Barcelona area.
Barcelona has a long, substantial history of traditional ma-                strong against the global economic downturn experienced                                                                                                               FOREIGN INVESTMENT IN CATALONIA, 2007
nufacturing activities, and for many years has been Spain’s                 since the end of 2007.                                                              The Barcelona economic area brings together 70% of all the
                                                                                                                                                                                                                                                 Growth, 2006-2007                                          -2.2%
leading producer in a variety of industries: automotive,                                                                                                        Japanese firms in Spain and over 50% of the German, French
chemical and pharmaceutical, food, publishing, consumer                     The number of immigrants in Barcelona has increased se-                             and American firms. The chemical, pharmaceutical and au-                         Percentage of Spanish total (*)                              25%
electronics, etc. Many of these industries left the city over               venfold in the space of a single decade, and the fact that                          tomotive industries account for more than 50% of the foreign
time and, during the last few decades, they have moved to                   most of them are of working age has rejuvenated the city’s                          industrial companies present in the area, with the services                                                                (*) Excluding Endesa sale.
the outlying metropolitan area and other locations. As a re-                employed population.                                                                industry accounting for 42% and construction 3%.                                                                                                                   14   15
economic introduction




                                                                                                                                   1.1.5 First-class academic and                                   In 2008, for the tenth year in a row, European executives
                                                                                                                                                                                                    interviewed by the consultancy firm Cushman & Wakefield
                                                                                                                                   international training institutions                              in their annual European Cities Monitor study once again
                                                                                                                                                                                                    rated Barcelona as the city with the best quality of life for
                                                                                                                                   Barcelona’s strong educational tradition has made it a city      workers.
                                                                                                                                   well equipped for continuous improvement in this area. Its
                                                                                                                                   network of educational institutions offers a complete            The Mediterranean climate ensures pleasant, moderate
                                                                                                                                   range of subjects, providing easy solutions to different         temperatures all year round, little rain and many hours of
1.1.4 An internationally recognized                                                                                                educational needs and circumstances.                             sunshine. The warm climate and sunshine – up to 15
position                                                                                                                                                                                            hours of sunshine per day in summer – mean that daily
                                                                                                                                                                                                    life in Barcelona is associated with good weather and being
Barcelona is ranked highly on various international lists,                                                                         UNIVERSITIES AND HIGHER EDUCATION                                outdoors.
which value the city very favourably for its urban character,
layout, and ability to attract foreign capital, entrepreneurial                                                                    Barcelona boasts eight universities: five public (Universi-      Barcelona’s 4.5 kilometres of beaches are the most fre-
approach and great quality of life.                                                                                                tat de Barcelona, Universitat Autònoma de Barcelona, Uni-        quently used leisure areas in the metropolitan area. Peo-
                                                                                                                                   versitat Politècnica de Catalunya, Universitat Pompeu            ple love to swim, sail, sunbathe, stroll, play and enjoy the
                                                                                                                                   Fabra and Universitat Oberta de Catalunya, which is a dis-       sea. Between May and September 2007 they had around
 POSITION AND LIST                                                     SOURCE                                               YEAR   tance-learning university) and three private (Universitat        4.6 million visitors, thanks to their high levels of safety, hy-
                                                                                                                                   Ramon Llull, Universitat Internacional de Catalunya and          giene, facilities and easy access via public transport.
: : No. 1 non-capital city brand                                       Anholt City Brands Index                             2007
                                                                                                                                   Universitat Abat Oliva CEU). Offices and centres attached
: : No. 9 global city brand, No. 4 in Europe
                                                                                                                                   to other Catalan, Spanish and foreign universities can also      Barcelona also has numerous green areas, parks and gar-
: : No. 1 European city for progress                                   European Cities Monitor (Cushman & Wakefield)        2008   be found in the city.                                            dens spread throughout the city, and 371,334 trees lining
: : No. 1 European city for quality of life for its workers                                                                                                                                         its streets and avenues. Close to the city is Collserola
: : No. 5 European city to locate to                                                                                               As well as the eight universities listed above, the city is      Park, with 8,000 hectares of forest (1,795 of which are
                                                                                                                                   home to a number of very prestigious business schools,           within the city limits). This park is one of the largest na-
: : No. 3 European City with the best assets and the strongest brand   City Brand Barometer (Saffron)                       2008   including the Instituto de Estudios Superiores de la Em-         tural spaces in the world so close to a city. Less than one
    to match                                                                                                                       presa (IESE), the Escuela Superior en Administración y           hour from Barcelona are other areas and protected natio-
                                                                                                                                   Dirección de Empresas (ESADE) and la Escuela de Alta             nal parks which encourage people to engage in sports and
: : No. 3 European destination for international investment            European Investment Monitor (Ernst & Young)          2007
                                                                                                                                   Dirección y Administración (EADA). In this sector, Barce-        outdoor leisure activities are encouraged.
: : No. 1 Mediterranean City                                           (Baromed)
                                                                                                                                   lona is an internationally recognized brand and there are
: : No. 1 City in Southern Europe to study in                          European Cities Entrepreneurship Rank (ECER)         2007
                                                                                                                                   few other cities in the world with such a concentration of       Furthermore, the city houses a wealth of cultural riches.
                                                                                                                                   top-level business schools. Many foreign students come           There are 913 monuments such as sculptures, fountains
: : Not ranked among the 30 most expensive cities in the world         World-wide cost of living survey                     2007   to Barcelona each year to study business administration.         and other public artworks which can be enjoyed when wal-
    to live in                                                         (MERCER, Human Resources Consulting)                                                                                         king around the city, 49 museums, 46 theatres, over 200
                                                                                                                                                                                                    cinemas and a myriad concerts and festivals that take
: : No. 1 European city with a prestigious city brand                  Branding Communication Strategies (Porter Novelli)   2006   INTERNATIONAL SCHOOLS                                            place throughout the year. Barcelona’s priceless architec-
                                                                                                                                                                                                    tural heritage, with Roman ruins and Romanesque, Got-
: : One of the 5 coolest cities in Europe                              Europe’s Coolest Cities (Der Spiegel)                2007   In Barcelona and its metropolitan area, there are a num-         hic, Modernist and contemporary architecture, plays an
                                                                                                                                   ber of international schools which teach their syllabuses        important part in attracting visitors. Barcelona is the only
: : Within the club of the strongest cities in the world               Estudi de PriceWaterhouseCoopers                     2007
                                                                                                                                   in accordance with their country of origin. There are a total    city in the world to have nine buildings declared World He-
: : No. 5 city in the world for international meetings                 World Country & City Rankings 2006 (ICCA)            2007
                                                                                                                                   of 27 schools teaching in five different languages: English,     ritage Sites by UNESCO.
                                                                                                                                   French, German, Italian and Japanese.
: : No. 4 European city for available exhibition space                 Rànquing Europeu Recintes Firals (AUMA)              2007                                                                    Besides all the above, the area offers first-class public
    (280,000 m2)                                                                                                                                                                                    and private services (such as education, healthcare etc.),
                                                                                                                                                                                                    and its businesses have a strong commitment to environ-
                                                                                                                                   1.1.6 Quality of life: a city for living                         mental issues, respecting quality standards and preven-
                                                                                                                                                                                                    ting hazards in the workplace. This, combined with
                                                                                                                                   and working                                                      high-quality, low-cost public transport, makes Barcelona a
                                                                                                                                                                                                    very attractive city to live in as well as a great place to do
                                                                                                                                   Barcelona is a dynamic, modern and diverse city, which           business.
                                                                                                                                   for centuries has combined a strong entrepreneurial, com-
                                                                                                                                   mercial and business spirit with the art of living well and
                                                                                                                                   enjoying cultural vitality and a high-quality urban lifestyle.



                                                                                                                                                                                                                                                                                  16   17
economic introduction




1.1.7 New urban-planning projects                                   AIRPORT:                                                         b_TEC is a space for generating and transmitting know-           GRAN VIA BUSINESS DISTRICT (HOSPITALET)
                                                                                                                                     ledge and innovation. It is based on the “triple helix”          AND ENLARGEMENT OF THE FIRA DE
Barcelona is a dynamic city that is reinventing itself for          ::   Distance to the city centre: 7 km                           model of the confluence of science and technology, public        BARCELONA
                                                                    ::   New passenger terminal
the future. It is currently in the middle of the most impor-                                                                         administration and business. A campus building, offices,
                                                                    ::   High-speed-train station (TAV)                                                                                               ::   Distance to the city centre: 5.5 km
tant urban and economic transformation in its recent his-                                                                            buildings for university and business use, the Barcelona
                                                                    ::   Enlargement of the freight zone                                                                                              ::   Size: 163 hectares
tory. The new projects looking towards the future aim to            ::   Airport city (complementary services and activities)
                                                                                                                                     School of Industrial Engineering, the Energy Park, student       ::   30,000 jobs
consolidate and build upon the city’s economic develop-             ::   Better access by road, rail and metro                       residences and commercial premises will be constructed.          ::   260,800 m2 for new housing
ment, in accordance with the new parameters of the know-
ledge society, sustainability, internationalization, social
cohesion and quality of life.                                                                                                        GLÒRIES SQUARE AND SURROUNDING AREA
                                                                    This is an ambitious project to remodel and enlarge the          ::   Distance to the city centre: 2.5 km
                                                                                                                                                                                                      Remodelling of the area along the Gran Via in Hospitalet to
The scope of some of these projects reaches beyond the              airport and port facilities in order to improve the hand-        ::   Cost: €600 million                                          the Barcelona city limits will convert the area into one of
city limits and into the surrounding area, representing a           ling of passengers (up to 70 million for the airport) and        ::   Involves 36 city blocks                                     the metropolitan area’s economic engines. The project in-
strong investment in the metropolitan area as a whole.              cargo in terms of quality and quantity, and to improve           ::   19-ha city square                                           cludes enlargement of the exhibition centre: its area will be
                                                                    intermodal connections with other forms of transport                                                                              tripled to 240,000 m2, giving it an exhibition space of
Some of the most emblematic projects are outlined                   (road, rail and metro).                                                                                                           130,000 m2
below:
                                                                    A key objective is to convert Barcelona Airport into an in-      Glòries Square and the surrounding area are to be remo-
                                                                    ternational hub ready to respond to the predicted de-            delled, with the aim of converting them into one of the city’s
22@: BARCELONA’S INNOVATION DISTRICT                                mands for growth up to 2025. Regarding the port, its             largest green areas and a major public transport hub. The
                                                                    enlargement will be completed in 2010 and it will be the         current ring overpass will be replaced by a series of under-
::   Distance to the city centre: 2.5 km                            most important logistics centre in Southern Europe.              ground carriageways, and an underground public transport
::   Size: 200 hectares
                                                                                                                                     hub connecting trains, the metro system and tram network
::   3.2 million m2 for production activities
                                                                                                                                     will be constructed. The surrounding area will be remodelled
::   €180-million infrastructure plan
                                                                    SAGRERA - SANT ANDREU                                            with the construction of new homes (approximately 1,200
::   An estimated 150,000 new jobs
::   4,000 new public-housing units                                                                                                  apartments, of which 55% will be public housing), offices
                                                                    ::   Distance to the city centre: 6.5 km
::   €12 billion of economic operating potential                    ::   Size: 163 hectares                                          and other facilities.
                                                                    ::   53.5 hectares of green areas and a 5-km green corridor
                                                                    ::   Construction of over 8,000 homes
                                                                                                                                     NEW MARINA NEIGHBOURHOOD
The old industrial district of Poblenou will be transformed
                                                                                                                                     ::   Distance to the city centre: 5 km
into a new technological and innovation district to promote                                                                          ::   Size: 75 hectares, 12 hectares of green areas
the establishment of high-level activities in the services in-      The Sagrera-Sant Andreu project involves the renovation of       ::   About 12,000 new homes, housing 30,000 people
dustry and knowledge-intensive industries. The district will        a large part of the city in order to construct the new central   ::   315,000 m2 available for business
be put to a variety of uses and will be a place for living and      station for high-speed trains. The station will also have con-
working. 22@ promotes the concentration of activities in            nections to suburban train services, the bus network and
five strategic industries: multimedia and audiovisual, IT, bio-     the metro system. The existing lines will be roofed over, and                                                                     BET-BARCELONA ECONOMIC TRIANGLE
medicine, energy and design.                                        various surrounding neighbourhoods will be remodelled. A         A new neighbourhood will be created for both residential
                                                                    mobility museum will also be built.                              and commercial use in a former industrial area in Barce-         ::   Size: 3243 hectares
                                                                                                                                     lona’s Zona Franca district. Use of the area will be divided     ::   International Gateway (LLobregat Area): 4.424.000 m2
ENLARGEMENT OF THE PORT AND AIRPORT                                                                                                  as follows: 30% roads, 35% residential and business, and         ::   22@Innovation & Creativity (Besós Area): 3.708.600 m2
                                                                                                                                                                                                      ::   Mediterranean Corridor (Vallès Area): 2.678.100 m2
PORT                                                                B_TEC: BESÒS INTER-UNIVERSITY CAMPUS                             31% public spaces and green areas.
                                                                                                                                                                                                      ::   10.810.700 m2 for new economic activities
::   Distance to the city centre: 2 km                              ::   Distance to the city centre: 7.5 km
::   Doubling of the sea area to 786 hectares                       ::   Size: 8 hectares
::   Doubling of the land area to 1,265 hectares                    ::   148,000 m2 of land available for building
::   Extension of the wharves to 29,702 m                           ::   2,000 students and 180 teachers (first phase)
::   Enlargement of the logistics activities zone by 200 hectares                                                                                                                                     Three consolidated areas of economic activity that have
                                                                                                                                                                                                      large projects in progress and many investment opportuni-
                                                                                                                                                                                                      ties, with tremendous potential and future prospects.                      18   19
economic introduction




1.1.8 Trade fairs, conferences and                                         Fira de Barcelona’s strategic plan for 2006-2015 centres                   1.1.9 . First-class tourist destination                                          Europe, with the highest numbers coming from the United
conventions                                                                on the enlargement of its new site in Gran Via and the re-                                                                                                  Kingdom and Italy. The number of visitors from the United
                                                                           modelling of its historic Montjuïc venue in the city centre.               For many years, Barcelona has consolidated itself as a su-                       States is also significant, given that in 2007 it was over
                                                                           Those venues, with 8 exhibition halls, and the new Gran                    perb tourist destination in Europe. In 2006 it topped the list                   half a million for the first time.
FIRA DE BARCELONA                                                          Via site with 6 large pavilions, provide a total of 365,000                of non-capital, and occupied sixth place on the list of Eu-
                                                                           m2 of exhibition floor space, making it the largest exhibi-                ropean cities for tourists, according to studies carried out
                                                                                                                                                                                                                                        TOURISTS BY COUNTRY                                                 2007
Barcelona boasts one of the best exhibition centres in Eu-                 tion centre in Spain and one of the foremost in Europe.                    by European Cities Marketing. Furthermore, Barcelona ap-
rope, with a history that goes back more than 100 years                    After the forthcoming enlargement, which will create an                    peared for the first time among the ten most-visited cities                      Spain                                                               29.0%
to the World’s Fair of 1888. The Fira de Barcelona organi-                 extra 40,000 m2, the total exhibition floor space will reach               in the world in Euromonitor International’s Top 150 City
                                                                                                                                                                                                                                       United Kingdom                                                      11.1%
zes 75% of the large industrial and professional trade fairs               405,000 m2.                                                                Destinations Ranking.
in Spain and 15 of the most important fairs in Europe.                                                                                                                                                                                 Italy                                                                 8.8%
Some of its biggest shows include:                                         After the enlargement has taken place, Barcelona will pos-                 In 2007 the city welcomed more than seven million tou-                           France                                                                6.4%
                                                                           sess Europe’s second-largest exhibition centre in terms of                 rists, who were responsible for 13.62 million overnight
                                                                           floorspace and the premier venue in terms of design, tech-                 stays. The number of tourists was 6% higher than the pre-                        Germany                                                               5.3%
 FIRA DE BARCELONA TRADE FAIRS THAT ARE EUROPEAN                           nological innovation and customer service.                                 vious year.
 BENCHMARKS                                                                                                                                                                                                                            Other European countries                                            20.3%

Name                       Rank   Activity/Industry                                                                                                                                                                                    United States                                                         7.5%
                                                                           CONFERENCES, CONVENTIONS AND INCENTIVE                                      TOURISM IN BARCELONA
3GSM                        1     Mobile communications                                                                                                                                                                                Latin America                                                         3.9%
                                                                           TRIPS                                                                                                      2006              2007          % change
Bread & Butter              1     Fashion                                                                                                                                                                            2006-2007         Japan                                                                 2.0%

Construmat                  1     Construction                             In 2007, Barcelona was ranked sixth in the world in terms of               Tourists                  6,709,175         7,108,393                 6.0 %      Other                                                                 5.7%
                                                                           the conferences it hosted, according to the International Con-
EIBTM                       1     Business trips,                                                                                                     Overnight stays         13,198,982        13,620,347                  3.2 %      Total                                                                100%
                                                                           gress & Convention Association (ICCA). 2007 was also a
                                  conferences
                                                                           successful year in terms of conference organization, with an
                                                                                                                                                                        Source: Department of Tourism Promotion and Quality of Life,             Source: Turisme de Barcelona and Idescat, from data provided by INE.
Piscina                     1     Sport and leisure                        increase of 36.2% in the number of events, of which con-                                                                        Barcelona City Council.

Hostelco                    2     Hotel & Catering Industry
                                                                           ventions and incentive trips saw the biggest increase
                                                                           (48.2%) compared to the previous year.
Alimentaria                 2     Food and drink                                                                                                      49% of visitors to Barcelona came for professional reasons,                      Barcelona offers quality hotels, with 54,036 beds availa-
Barcelona Meeting Point     2     Property                                 The number of delegates also rose considerably in 2007,                    and this figure is expected to have stayed the same or to                        ble in 27,806 rooms at 295 establishments. The average
                                                                           with an increase of 28.2% compared to 2006.                                have increased in 2008, owing to the number of confe-                            occupancy rate is 79.7%. In recent years, the four-star
Expoquimia                  2     Chemical
                                                                                                                                                      rences, trade fairs and conventions that have taken place                        hotel category has grown the most, which has kept prices
Boat Show                   2     Boating                                                                                                             throughout the year.                                                             at a stable level.
                                                                            CONFERENCE ACTIVITY
SIL                         2     Logistics
                                                                                                                   2006         2007 Increase
Sonimagfoto                 2     Photography and audiovisual                                                                          07/06           REASONS FOR VISITING THE CITY, 2007                                              HOTELS IN BARCELONA
                                                                                                                                                                                                                                                                            2006           2007        % change
International Motor Show    3     Automotive                               Total number of conferences and                                                                                       2000                       2007
                                                                                                                                                                                                                                                                                                     2006/2007
                                                                           conventions                             1,303       1,775       36.2%
Caravaning                  3     Leisure and tourism                      - Conferences                             335         340        1.5%      Tourism                                  51.5%                       48.0%       Hotels                                285            295               3.5%
                                                                           - Conventions and incentive trips         968       1435        48.2%
Graphispag                  3     Graphic design and publishing                                                                                       Professional                             45.7%                       49.0%       Rooms                             26,968         27,806                3.1%
                                                                           Total de delegats                    491,028 629,704            28.2%
                                                                                                                                                      Other                                      2.8%                       4.0%       Beds                              52,484         54,036                2.9%
                                              Source: Fira de Barcelona.
                                                                                                               Source: Barcelona Convention Bureau.   Total                                     100%                        100%       Occupancy rate                      77.7%          79.7%               2.0%

2007 was a very successful year for the Fira de Barce-                     2007 stood out as a year in which the city’s international                                                                 Source: Turisme de Barcelona.                                                    Source: Turisme de Barcelona.
lona, as it held 65 of its total of 80 fairs (counting annual              stature was consolidated. 80% of delegates came from
and biennial events) with a total of 45,000 exhibitors, 34%                other countries, and 64% of conferences were of an inter-
of which were foreign, representing an increase of 17%.                    national nature.                                                           Without taking tourists from other parts of Spain into ac-
The year’s events were visited by 3.5 million people, 20%                                                                                             count, most visitors to Barcelona were from elsewhere in
of whom came from overseas.                                                                                                                                                                                                                                                                                                        20   21
1.2 Strategic and emerging                                                                                                                                                                                                                      economic introduction



    industries (clusters)




Barcelona promotes emerging, knowledge-
intensive, innovative and dynamic indus-     Clusters
tries that act as strong drivers of
development. This allows clusters to be
created, and Barcelona is an international
leader in creating clusters of benchmark
science and technology centres, businesses   1. ICTs                                                            3. Biotech                                                        5. Design
and public bodies in strategic industries:
chiefly ICTs, the media, biotech, energy,    Barcelona has invested in the ICT sector to help the compa-        Remarkable developments in biotech have occurred over             Barcelona is strongly identified with all forms of design.
design and agri-food.                        nies in the city more competitive. A combination of projects       the last ten years, and today this industry forms part of         Traditionally, the city has been an international benchmark
                                             has been set up which give added value to business activi-         the technological portfolio of the most advanced countries        for design, which is reflected in organizations such as the
                                             ties and help the city become a benchmark for ICTs in Eu-          in the world.                                                     Barcelona Design Centre (BCD), the Centre for the Deve-
                                             rope. Barcelona has also become an ideal location for              Although Barcelona and Catalonia are only at the begin-           lopment of the Decorative Arts (FAD), the Design Museum,
                                             development of the sector, thanks to the advanced infras-          ning of biotech industry development, they are compen-            and many prestigious design schools.
                                             tructure being put into place, particularly in the 22@ district.   sating for their late start with rapid growth. In the last five
                                                                                                                years the number of companies operating in the biotech in-
                                                                                                                dustry has grown by 30%.




                                             2. The Media                                                       4. Energy                                                         6. Agri-food

                                             The media industry, also known as the content industry,            The energy industry is a key part of society’s economic ac-       Barcelona has a unique tradition in the agri-food industry
                                             communication industry, cultural industry and creative/co-         tivity and wellbeing. Barcelona and Catalonia, with their         that has enabled the development of a setting that en-
                                             pyright-based industry, includes all the companies working         culture of entrepreneurship and industry, are significant         compasses scientific activity and business activity of all
                                             in the production, creation, publication, distribution, use        sources of energy industry know-how and have developed            kinds: from the production and use of raw materials to
                                             and management of information and experiences that have            many R&D lines and projects in the energy sector, in fields       the development of finished products and food-related
                                             communication as an objective.                                     such as renewable energy, climate control, natural cooling        services. Barcelona has become a true cluster and an in-
                                             The sector includes a wide range of industries, some tra-          technologies and electricity instrumentation and control.         ternational benchmark in the agri-food industry. The exam-
                                             ditional and others emerging, which, despite their different       The Barcelona Energy Improvement Plan (PMEB), promoted            ples below provide evidence of this fact.
                                             origins, face the same challenges. Sub-sectors of the              by Barcelona City Council, and the 2006-2015 Energy Plan
                                             media industry include Internet services and content, ani-         promoted by the Catalan government are two projects that
                                             mation, cinema, product design and innovation, services            represent the commitment to making Barcelona and Ca-
                                             and content for mobile phones and PDAs, television, radio,         talonia 21st-century benchmarks in Europe for the energy
                                             games, marketing, publishing, museums and cultural heri-           industry.
                                             tage, theme parks, events and shows.



                                                                                                                                                                                                                                                           22   23
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona
A Good Investment: Practical Guide for Making Business Investments in Barcelona

More Related Content

Viewers also liked

Marga ppt 10 nov 8 part 1
Marga ppt 10 nov 8 part 1Marga ppt 10 nov 8 part 1
Marga ppt 10 nov 8 part 1mandygood
 
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CA
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CAThe Fairplex Park - A Redevelopment Proposal for the City of Pomona, CA
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CAsix14
 
Knowledge Cities on Smart Cities: 22@barcelona case
Knowledge Cities on Smart Cities: 22@barcelona caseKnowledge Cities on Smart Cities: 22@barcelona case
Knowledge Cities on Smart Cities: 22@barcelona caseJosep M. Piqué
 
Barcelona’s urban renewal
Barcelona’s urban renewalBarcelona’s urban renewal
Barcelona’s urban renewalMaría Rivas
 
The Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideThe Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideStartup Tour
 

Viewers also liked (8)

Marga ppt 10 nov 8 part 1
Marga ppt 10 nov 8 part 1Marga ppt 10 nov 8 part 1
Marga ppt 10 nov 8 part 1
 
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CA
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CAThe Fairplex Park - A Redevelopment Proposal for the City of Pomona, CA
The Fairplex Park - A Redevelopment Proposal for the City of Pomona, CA
 
Knowledge Cities on Smart Cities: 22@barcelona case
Knowledge Cities on Smart Cities: 22@barcelona caseKnowledge Cities on Smart Cities: 22@barcelona case
Knowledge Cities on Smart Cities: 22@barcelona case
 
Barcelona’s urban renewal
Barcelona’s urban renewalBarcelona’s urban renewal
Barcelona’s urban renewal
 
The Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideThe Barcelona Tech Startup Guide
The Barcelona Tech Startup Guide
 
Urban spaces
Urban spacesUrban spaces
Urban spaces
 
Barcelona
BarcelonaBarcelona
Barcelona
 
PPT on SMART city
PPT on SMART cityPPT on SMART city
PPT on SMART city
 

Similar to A Good Investment: Practical Guide for Making Business Investments in Barcelona

ICT Information and Communications Technologies in Barcelona and Catalonia
ICT Information and Communications Technologies in Barcelona and CataloniaICT Information and Communications Technologies in Barcelona and Catalonia
ICT Information and Communications Technologies in Barcelona and CataloniaBarcelona Business
 
The Media sector in Barcelona and Catalonia
The Media sector in Barcelona and CataloniaThe Media sector in Barcelona and Catalonia
The Media sector in Barcelona and CataloniaBarcelona Business
 
The Barcelona Observatory. 2009-10 Report
The Barcelona Observatory. 2009-10 ReportThe Barcelona Observatory. 2009-10 Report
The Barcelona Observatory. 2009-10 ReportBarcelona Business
 
The design sector in Barcelona
The design sector in BarcelonaThe design sector in Barcelona
The design sector in BarcelonaBarcelona Business
 
Observatori Barcelona. 2011 Report
Observatori Barcelona. 2011 ReportObservatori Barcelona. 2011 Report
Observatori Barcelona. 2011 ReportBarcelona Business
 
Barcelona, a benchmark in the design sector
Barcelona, a benchmark in the design sectorBarcelona, a benchmark in the design sector
Barcelona, a benchmark in the design sectorBarcelona Activa
 
Barcelona-Catalonia: The Mediterranean Innovation Hub
Barcelona-Catalonia: The Mediterranean Innovation HubBarcelona-Catalonia: The Mediterranean Innovation Hub
Barcelona-Catalonia: The Mediterranean Innovation HubMiqui Mel
 
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013Barcelona-Catalonia - The Mediterranean Innovation Hub 2013
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013Miqui Mel
 
The Agri-Food industry in Barcelona and Catalonia
The Agri-Food industry in Barcelona and CataloniaThe Agri-Food industry in Barcelona and Catalonia
The Agri-Food industry in Barcelona and CataloniaBarcelona Business
 
Barcelona Datasheet 2011 - English
Barcelona Datasheet 2011 - EnglishBarcelona Datasheet 2011 - English
Barcelona Datasheet 2011 - EnglishBarcelona Business
 
Barcelona Data Sheet 2011
Barcelona Data Sheet 2011Barcelona Data Sheet 2011
Barcelona Data Sheet 2011Miqui Mel
 

Similar to A Good Investment: Practical Guide for Making Business Investments in Barcelona (20)

ICT Information and Communications Technologies in Barcelona and Catalonia
ICT Information and Communications Technologies in Barcelona and CataloniaICT Information and Communications Technologies in Barcelona and Catalonia
ICT Information and Communications Technologies in Barcelona and Catalonia
 
The Media sector in Barcelona and Catalonia
The Media sector in Barcelona and CataloniaThe Media sector in Barcelona and Catalonia
The Media sector in Barcelona and Catalonia
 
Media cluster
Media clusterMedia cluster
Media cluster
 
The Barcelona Observatory. 2009-10 Report
The Barcelona Observatory. 2009-10 ReportThe Barcelona Observatory. 2009-10 Report
The Barcelona Observatory. 2009-10 Report
 
Bcn growth greatopportunity
Bcn growth greatopportunityBcn growth greatopportunity
Bcn growth greatopportunity
 
Design cluster
Design clusterDesign cluster
Design cluster
 
The design sector in Barcelona
The design sector in BarcelonaThe design sector in Barcelona
The design sector in Barcelona
 
Observatori Barcelona. 2011 Report
Observatori Barcelona. 2011 ReportObservatori Barcelona. 2011 Report
Observatori Barcelona. 2011 Report
 
Barcelona, a benchmark in the design sector
Barcelona, a benchmark in the design sectorBarcelona, a benchmark in the design sector
Barcelona, a benchmark in the design sector
 
Barcelona-Catalonia: The Mediterranean Innovation Hub
Barcelona-Catalonia: The Mediterranean Innovation HubBarcelona-Catalonia: The Mediterranean Innovation Hub
Barcelona-Catalonia: The Mediterranean Innovation Hub
 
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013Barcelona-Catalonia - The Mediterranean Innovation Hub 2013
Barcelona-Catalonia - The Mediterranean Innovation Hub 2013
 
Barcelona data sheet 2010
Barcelona data sheet 2010Barcelona data sheet 2010
Barcelona data sheet 2010
 
FDI Strategy Articulo para linkedin
FDI Strategy Articulo para linkedinFDI Strategy Articulo para linkedin
FDI Strategy Articulo para linkedin
 
The Agri-Food industry in Barcelona and Catalonia
The Agri-Food industry in Barcelona and CataloniaThe Agri-Food industry in Barcelona and Catalonia
The Agri-Food industry in Barcelona and Catalonia
 
22@ Medtech cluster
22@ Medtech cluster22@ Medtech cluster
22@ Medtech cluster
 
Barcelona Datasheet 2011 - English
Barcelona Datasheet 2011 - EnglishBarcelona Datasheet 2011 - English
Barcelona Datasheet 2011 - English
 
Barcelona Data Sheet 2011
Barcelona Data Sheet 2011Barcelona Data Sheet 2011
Barcelona Data Sheet 2011
 
Barcelona Activa
Barcelona ActivaBarcelona Activa
Barcelona Activa
 
Energy cluster
Energy clusterEnergy cluster
Energy cluster
 
Catàleg d'empreses i projectes catalans al MWC 2016
Catàleg d'empreses i projectes catalans al MWC 2016Catàleg d'empreses i projectes catalans al MWC 2016
Catàleg d'empreses i projectes catalans al MWC 2016
 

More from Barcelona Business

Clima empresarial a l’AMB 3r Trimestre 2013
Clima empresarial a l’AMB 3r Trimestre 2013Clima empresarial a l’AMB 3r Trimestre 2013
Clima empresarial a l’AMB 3r Trimestre 2013Barcelona Business
 
El sector de la biotecnología en Barcelona
El sector de la biotecnología en BarcelonaEl sector de la biotecnología en Barcelona
El sector de la biotecnología en BarcelonaBarcelona Business
 
El sector de la biotecnologia a Barcelona
El sector de la biotecnologia a BarcelonaEl sector de la biotecnologia a Barcelona
El sector de la biotecnologia a BarcelonaBarcelona Business
 
El sector agroalimentari a Barcelona
El sector agroalimentari a BarcelonaEl sector agroalimentari a Barcelona
El sector agroalimentari a BarcelonaBarcelona Business
 
El sector agroalimentario en Barcelona
El sector agroalimentario en BarcelonaEl sector agroalimentario en Barcelona
El sector agroalimentario en BarcelonaBarcelona Business
 
The Food Industry in Barcelona
The Food Industry in BarcelonaThe Food Industry in Barcelona
The Food Industry in BarcelonaBarcelona Business
 
The Biotechnology sector in Barcelona
The Biotechnology sector in Barcelona The Biotechnology sector in Barcelona
The Biotechnology sector in Barcelona Barcelona Business
 
Barcelona Datasheet 2011 - Chinese
Barcelona Datasheet 2011 - ChineseBarcelona Datasheet 2011 - Chinese
Barcelona Datasheet 2011 - ChineseBarcelona Business
 
El sector del disseny a Barcelona
El sector del disseny a BarcelonaEl sector del disseny a Barcelona
El sector del disseny a BarcelonaBarcelona Business
 
El sector del diseño en Barcelona
El sector del diseño en BarcelonaEl sector del diseño en Barcelona
El sector del diseño en BarcelonaBarcelona Business
 
El sector de la educación superior en Barcelona
El sector de la educación superior en BarcelonaEl sector de la educación superior en Barcelona
El sector de la educación superior en BarcelonaBarcelona Business
 
The higher education sector in Barcelona
The higher education sector in BarcelonaThe higher education sector in Barcelona
The higher education sector in BarcelonaBarcelona Business
 
El sector de l'educació superior a Barcelona
El sector de l'educació superior a BarcelonaEl sector de l'educació superior a Barcelona
El sector de l'educació superior a BarcelonaBarcelona Business
 

More from Barcelona Business (20)

Clima empresarial a l’AMB 3r Trimestre 2013
Clima empresarial a l’AMB 3r Trimestre 2013Clima empresarial a l’AMB 3r Trimestre 2013
Clima empresarial a l’AMB 3r Trimestre 2013
 
Bienvenido a Barcelona
Bienvenido a BarcelonaBienvenido a Barcelona
Bienvenido a Barcelona
 
El sector de la biotecnología en Barcelona
El sector de la biotecnología en BarcelonaEl sector de la biotecnología en Barcelona
El sector de la biotecnología en Barcelona
 
El sector de la biotecnologia a Barcelona
El sector de la biotecnologia a BarcelonaEl sector de la biotecnologia a Barcelona
El sector de la biotecnologia a Barcelona
 
El sector agroalimentari a Barcelona
El sector agroalimentari a BarcelonaEl sector agroalimentari a Barcelona
El sector agroalimentari a Barcelona
 
El sector agroalimentario en Barcelona
El sector agroalimentario en BarcelonaEl sector agroalimentario en Barcelona
El sector agroalimentario en Barcelona
 
El sector TIC en Barcelona
El sector TIC en BarcelonaEl sector TIC en Barcelona
El sector TIC en Barcelona
 
El sector TIC a Barcelona
El sector TIC a BarcelonaEl sector TIC a Barcelona
El sector TIC a Barcelona
 
The Food Industry in Barcelona
The Food Industry in BarcelonaThe Food Industry in Barcelona
The Food Industry in Barcelona
 
ICT Sector in Barcelona
ICT Sector in BarcelonaICT Sector in Barcelona
ICT Sector in Barcelona
 
The Biotechnology sector in Barcelona
The Biotechnology sector in Barcelona The Biotechnology sector in Barcelona
The Biotechnology sector in Barcelona
 
Barcelona en cifras 2011
Barcelona en cifras 2011Barcelona en cifras 2011
Barcelona en cifras 2011
 
Barcelona Datasheet 2011 - Chinese
Barcelona Datasheet 2011 - ChineseBarcelona Datasheet 2011 - Chinese
Barcelona Datasheet 2011 - Chinese
 
Barcelona en xifres 2011
Barcelona en xifres 2011Barcelona en xifres 2011
Barcelona en xifres 2011
 
El sector del disseny a Barcelona
El sector del disseny a BarcelonaEl sector del disseny a Barcelona
El sector del disseny a Barcelona
 
El sector del diseño en Barcelona
El sector del diseño en BarcelonaEl sector del diseño en Barcelona
El sector del diseño en Barcelona
 
El sector de la educación superior en Barcelona
El sector de la educación superior en BarcelonaEl sector de la educación superior en Barcelona
El sector de la educación superior en Barcelona
 
The higher education sector in Barcelona
The higher education sector in BarcelonaThe higher education sector in Barcelona
The higher education sector in Barcelona
 
El sector de l'educació superior a Barcelona
El sector de l'educació superior a BarcelonaEl sector de l'educació superior a Barcelona
El sector de l'educació superior a Barcelona
 
Barcelona Clean Energy Tour
Barcelona Clean Energy TourBarcelona Clean Energy Tour
Barcelona Clean Energy Tour
 

Recently uploaded

Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewasmakika9823
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docxRodelinaLaud
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneCall girls in Ahmedabad High profile
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...noida100girls
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 

Recently uploaded (20)

Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service DewasVip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
Vip Dewas Call Girls #9907093804 Contact Number Escorts Service Dewas
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docx
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service PuneVIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
VIP Call Girls Pune Kirti 8617697112 Independent Escort Service Pune
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 

A Good Investment: Practical Guide for Making Business Investments in Barcelona

  • 1.
  • 2. LIBRARY OF CATALONIA (BIBLIOTECA DE CATALUNYA) CIP INFORMATION Barcelona, a good investment : practical guide for making business investments in Barcelona I. Carranza, Isabel, ed. II. Sancho, Fina, ed. III. Forga Alart, Elisabeth, ed. IV. ACC1Ó V. Barcelona. Sector de Promoció Econòmica 1. Inversions estrangeres – Barcelona – Manuals, guies, etc. 2. Empreses – Creació – Barcelona – Manuals, guies, etc. 3. Barcelona – Condicions econòmiques – Manuals, guies, etc. 338.1(467.1 Ba Barcelona) CREDITS EDITION BARCELONA CITY COUNCIL Economic Promotion sector Llacuna 162, 1st floor BARCELONA, 08018 - Barcelona - Spain Phone: +34 93 256 39 29 proeconomica-ajbcn@bcn.cat A GOOD ACC1Ó CIDEM|COPCA Invest in Catalonia Passeig de Gràcia, 129 INVESTMENT 08008 - Barcelona-Spain Practical guide for making business investments in Barcelona Phone: + 34 93 476 72 00 catalonia@cidem.gencat.cat COORDINATION Isabel Carranza - Barcelona City Council Fina Sancho i Elisabet Forga - ACC1Ó DESIGN G.Gràfic Comunicació PRINTING Cevagraf, S.C.C.L. D.L.: B-8742-2009 Barcelona, March, 2009 No. of copies: 1.000
  • 3. Mediterranean, cosmopolitan, entrepreneurial, open and As the Minister of Innovation, Universities and Enterprise tolerant, Barcelona is a dynamic, trendsetting city that is streng- of the Catalan government, it is my pleasure to welcome you and thening its personality and promotes creativity, talent, innovation and an in- thank you for your interest in this publication. ternational outlook. Thanks to all these factors, the Barcelona area boasts one of the highest levels of development potential in Europe and has be- When entrepreneurs choose a location for their company and when companies come a very attractive place to set up a company. make a new business investment, they must evaluate the full range of factors that can directly help them make their decision. This is the second edition of Barcelona: A Good Investment, the practical Catalonia boasts many of these factors: a dense, diversified business commu- guide to doing business in the city. It was jointly produced by Barcelona City nity; good communications; a modern taxation system; good general services; Council’s Department of Economic Promotion and the Catalan government’s qualified human resources; efficient suppliers; incentives for companies; exce- ACC1Ó agency, and provides useful, practical information for anyone inte- llent quality of life; and government policies that take special care to create a fa- rested in starting up a company and doing business in Barcelona. vourable atmosphere for business. Catalonia has talent, knows how to face new challenges, and offers major pre- Barcelona’s long industrial tradition, coupled with its dense business com- sent and future opportunities in the fields of innovation, research and develop- munity, generates an important centre for attracting foreign investment, par- ment, design and creativity. ticularly in industry, advanced services and new economic activities. Around 3,000 foreign companies are located in Catalonia, which represents 25% of The fact that Barcelona, the capital of Catalonia, was recently selected as the he- foreign investment in Spain. Increasingly, companies looking towards the fu- adquarters of the Secretariat of the Union for the Mediterranean has consolida- ture are choosing to set up in Barcelona, and we are proud to say that once ted the city’s reputation as a reference point on the Mediterranean, and has they are here, their expectations are completely satisfied. Similarly, compa- positioned it as a major hub for Euro-Mediterranean relations and a promoter of nies already established in the city often act strategically by making new in- knowledge, research and innovation. This development opens the door to new vestments aimed at moving towards activities of greater added value. challenges and opportunities for companies and entrepreneurs in a new frame- work of cooperation between the European Union and the countries on the sou- This guide provides socioeconomic data on Barcelona and information about thern shore of the Mediterranean. new town-planning projects and activity in strategic sectors. It also provides The Economic Promotion Sector of Barcelona City Council and ACC1Ó, which be- a schematic outline of the steps to be taken to start a business activity. longs to the Catalan Ministry of Innovation, Universities and Enterprise, have pu- blished this guide with the aim of providing a detailed view of how Catalonia and We hope that this second edition of our guide will be of help in your decision Barcelona combine all these factors, and of offering useful, practical information to do business in Barcelona, and that it will speed up the process of enga- for investors to answer any questions they may have regarding starting up and ging in new economic activity. developing business projects in Catalonia. We look forward with pleasure to welcoming you to Barcelona and Catalonia. ACC1Ó is staffed by a professional team with multidisciplinary experience that is committed to your investment project and will work with your company before, du- ring and after the project has started. JORDI HEREU I BOHER I would like to conclude by congratulating and encouraging all the entrepreneurs who Mayor of Barcelona have created or will create companies in Catalonia. Each of you is and will be a key part of our business community and one of the economic drivers of Catalonia. JOSEP HUGUET I BIOSCA Minister of Innovation, Universities and Enterprise
  • 4. BARCELONA ACTIVA: SERVICES FOR ACTION PRINCIPLES ENTREPRENEURS, EUROFFICE PROGRAMME, BARCELONA NETACTIVA :: The company as client :: Contribution of value Barcelona Activa is the municipal agency that hand- :: “Made to measure” BARCELONA CITY COUNCIL: les local development and is the leader in accom- :: Confidentiality INTERNATIONAL ECONOMIC PROMOTION panying entrepreneurs. ACC1Ó- INVEST IN CATALONIA :: Rapid response :: Teamwork International Economic Promotion is the Barcelona EUROFFICE ACC1Ó is the agency for business innovation and in- :: Creation of synergies City Council department that offers advisory servi- With 60 members, the EurOffice programme aims ternationalization that forms part of the Catalan Mi- :: “One-stop shop” ces to companies, professionals and institutions in- to facilitate access by innovative SMEs to interna- nistry of Innovation, Universities and Enterprise. It :: Dealing with incidents terested in setting up and doing business in tional markets through exchange and the promo- has an ample scope that includes the business com- Barcelona. It also offers a wide range of services for tion of services to provide advice on business munity, entrepreneurs, universities, the public admi- international companies that are already working in internationalization. nistration, private investment and markets. SERVICES the city and are interested in expanding. The programme is a network of the best business Invest in Catalonia, forms part of the ACC1Ó Inter- Guidance Service for Foreign Companies At the same time, International Economic Promotion incubators and science and technology parks in Eu- nationalization Centre, whose mission is to attract fi- : : Business context: basic information on the busi- works towards increasing Barcelona’s financial rope and the rest of the world to help share re- nancially and technologically sound business ness environment, legal framework, macroeconomic flows, including inward flows (attracting investments, sources and knowledge with the aim of providing investment to Catalonia that will generate wealth data companies, professionals, institutions, congresses, support for business internationalization. The net- and stable, quality employment. The objectives of In- : : Industry knowledge: industry reports, statistics etc.) and outward flows (international promotion of work allows companies to participate in technology vest in Catalonia’s advisory and management pro- : : Information on incentives and financing the city’s professionals, products and services). environments all over the world and to launch their grammes are as follows: : : Organization of meetings with foreign companies products and services on new markets. located in Catalonia : : To attract high-impact business investments. : : Visits to business locations SERVICES BARCELONA NETACTIVA :: Contacts with official institutions and organizations The Barcelona NetActiva virtual innovation environment : : To promote new investments, reinvestments and : : Economic information that has been processed is a platform that provides a community of 732 com- business expansion in Catalonia. Investment Project Management Service and personalized to help make decisions about panies with access to a set of specific services for ac- : : An experienced, professional, multidisciplinary where to locate a business, as well as market re- tive companies, as well as tools for business : : To promote the development of new business ac- team that offers technical assistance in all project search and macroeconomic analysis. cooperation such as a business opportunities forum, a tivities in keeping with the economic situation in Ca- phases: planning, development, implementation : : Barcelona Seminars: sessions for institutional virtual school for entrepreneurs and other services. talonia. and follow-up. groups and business delegations that provide full im- > www.barcelonactiva.es mersion in the economic situation in Barcelona: the : : To encourage business investments based on re- Specialized Services city’s past, current projects and future prospects. gional balance, especially in areas affected by the : : Specialized Service of Advice on Incentives and :: Advice and accompaniment on foreign investment 22@BCN withdrawal of assets and relocation processes. Financing projects and business. : : Specialized Service on Locating a Business : : Organization of business agendas and matchma- 22@Barcelona is the largest urban-renewal project in : : To be a bridge between companies and the public king service. the city of Barcelona. It involves a 200-hectare area of administration for business investments in Catalonia. Service to Detect Investment Opportunities : : Business landing platform: office space is made industrial land in the city’s Poblenou district. This in- With more than 20 years of experience abroad, available to international companies (Barcelona Bu- itiative constitutes a new city model that will respond to : : To provide support to the consolidation of the Ca- ACC1Ó has a network of 38 international offices. siness Corner, Barcelona Activa’s International In- the challenges of the knowledge society. In this model talan business community by finding new partners The aim of the more than 150 professionals who cubator, international business landing platform in of a compact city, the most innovative companies work and assistance for technology and production agree- work there is to: 22@bcn). side by side with universities, research centres, training ments with foreign firms. :: Attract investment in segments that are strategic :: Internationalization support for local companies. institutions and transfer-technology centres, as well as for Catalonia. Business missions to international markets (busi- residents, public services and parks. : : To provide personalized professional advice to :: Promote specific actions to attract and implement ness bridges and technology bridges), in collabora- > www.22barcelona.com each investor. investments. tion with the Chamber of Commerce. : : Encourage collaboration between Catalan com- >www.bcn.cat/barcelonabusiness panies (technology transfer, know-how, etc.). > www.acc10.cat
  • 5. INDEX Good reasons to invest in Barcelona 10 1 Economic introduction 1.1 Main economic indicators 1.2 Strategic and emerging industries (clusters) 1.3 Location, the property market, 12 22 facilities for business landing platforms and international entrepreneurs 36 2 How to start doing business in Barcelona 2.1 Main ways to do business 2.2 Procedures for starting to do business 40 43 2.3 Tax system: taxes and deductions 46 2.4 Work and residence permits 49 2.5 Employment system 51 2.6 Grants, subsidies and financing 55 3 Useful Addresses 3.1 By topic 60
  • 6. : : Owing to its strategic geographical location, : : Barcelona’s international standing is recogni- Barcelona is Europe’s southern gateway and pro- zed by its high ranking among cities thanks to its vides excellent access to markets in North Africa, very favourable conditions for investors, its en- the Mediterranean region and Latin America. The trepreneurial approach, urban character, quality of city also connects to sea routes to Asia through life, international conferences and meetings, and the Suez Canal, and all its most important logis- prestigious city brand. tics and commercial infrastructure - namely the port, airport, duty-free zone, logistics parks and the Fira de Barcelona exhibition centre - is less : : Barcelona is an ideal city for living and working. than 5 km from the city centre. It offers the best quality of life of any city in Europe, with its stable Mediterranean climate, sunshine, beaches, wide range of cultural and leisure acti- : : The Barcelona metropolitan area boasts com- vities, modern healthcare system open to ever- GOOD REASONS prehensive transport infrastructure, including a motorway network that connects it to the rest of Europe, the fastest-expanding airport in Europe yone and more than 4,500 educational institutions. It also has a comprehensive public transport network and is surrounded by green TO INVEST and the largest port in Spain that is the leader in the Mediterranean region in terms of container traffic. The high-speed train connects the city to areas. IN BARCELONA the rest of Spain and will connect it to the Euro- pean network by 2011. The city also has an ex- cellent public transport system (train, metro, bus, : : The city is a great source of highly skilled human resources. The wide range of academic institutions includes 5 public and 3 private uni- tram and bicycle-rental scheme). versities, prestigious business schools such as Barcelona possesses many advantages that make it a great IESE, ESADE and EADA, and 27 international city in which to live, work and do business. It is therefore schools. It is a preferred destination for foreign : : Barcelona is the centre of a large, dynamic, di- students, who are drawn to the extensive use of very attractive for new commercial activities because of all verse economic area with an area of influence of new technologies and the city’s proactive approach its competitive advantages. 4.8 million people in the greater metropolitan towards innovation and creativity. area, 7.2 million in Catalonia as a whole and 18 million in the Mediterranean Arc stretching from Spain to the south of France. GDP grew by over : : Furthermore, Barcelona is not standing still. 3% in 2007, and 70% of Catalonia’s GDP is con- Urban transformation and renewal is taking place centrated in the city. Barcelona is ranked sixth in in many areas of the city: the port and airport are terms of population among urban areas in Europe being enlarged and new logistics parks are under and fifth in terms of industrial concentration. construction; the high-speed train is up and run- ning and public-transport projects are given high priority; the Sagrera-Sant Andreu, Marina and Ver- : : The chemical, pharmaceutical, automotive, me- neda neighbourhoods are being remodelled; in- tallurgical, textile, food, consumer-electronics and vestments are being made in technology and graphic-design industries have a long-standing innovation in the 22@ district; science and tech- presence in Barcelona, while new ones are also nology parks are being expanded; the Fira de Bar- emerging, including aeronautics, information and celona exhibition centre’s role as an economic communication technologies (ICTs), biotech, the driver is being consolidated; and the city’s green media, energy, agri-food and design, which are spaces and woods in Tres Turons Park, Montjuïc grouped in knowledge clusters. and Collserola are being extended. : : Barcelona is considered Europe’s fifth-best city : : The property market offers a wide and cons- for business, and its greater metropolitan area is tantly expanding range of offices, commercial pre- a consolidated base that is home to the largest mises and industrial buildings with an excellent number of foreign businesses in Spain. These quality-price ratio. City neighbourhoods under- 2,700 companies account for more than half of going urban renewal offer new housing incentives. the Japanese, French, German, American, Italian and Dutch companies that have offices in Spain. The city has furthermore consolidated itself as a : : Barcelona City Council and the Catalan go- home for the European divisions of multinational vernment work side by side with business, and corporations. the traditional, close relationship they have enjo- yed through public-private partnerships has been a key factor in the city’s transformation. Both bo- dies have services and teams dedicated to sup- porting companies and developing business.
  • 7. 1.1 Main economic economic introduction indicators 1.1.1 Essential information about Demographically, the city of Barcelona is becoming increa- the city singly richer in diversity, with over 280,000 foreign resi- dents from more than 150 countries, amounting to 17.3% of the total population (as of January 2008). Looking at re- BARCELONA’S LOCATION cent immigration by continent, South America tops the list with 45.5%, owing to the many Latin Americans who live in Barcelona is the economic, cultural and administrative capi- the city; second is Europe with 30.3%; third is Asia with tal of Catalonia and one of the foremost cities in Spain and 16.8%; and, finally, Africa accounts for 7.3%. the European Union. It is the centre of an extensive metro- politan area made up of more than 217 towns, and is home LAND AREA AND POPULATION (JANUARY 2007) to 4.8 million inhabitants (10.7% of the population of Spain). Population Population Land area Density January as % of (km2) (inhab. Located on the Mediterranean coast in Northeastern 2007 Spanish /km2) Spain, Barcelona’s level of urban density is one of the total (%) highest in Europe, with almost 1.6 million people living Barcelona 1,595,110 3.5% 101 15,793 in an area of just 100 square kilometres. Metropolitan 4,856,579 10.7% 3,236 1,501 The city is at the forefront of the Mediterranean Arc, an area emerging area of economic activity in Southern Europe Catalonia 7,210,508 16.0% 31,895 226 which includes Southeast France, the Balearic Islands, 1 the regions of Valencia and Aragon in Spain, which has Spain 45,200,737 100.0% 505,988 89 a combined population of 17 million. Source: Barcelona City Council, Spanish National Statistics Institute (INE). The Barcelona metropolitan area is ranked sixth in terms of population among urban areas in Europe and fifth in terms of industrial concentration. The influx of immigrants into Barcelona has rejuvenated the population pyramid and increased the city’s active po- pulation. Specifically, the percentage of children under 15 LOCATION MAP in relation to the overall population has increased, while the percentage of people over 65 has decreased. 53% of the foreigners living in Barcelona are male and 47% are fe- male, and their average age is 32. FOREIGNERS IN BARCELONA BY CONTINENT OF ORIGIN ECONOMIC INTRODUCTION Source: Barcelona City Council (January 2007). 12 13
  • 8. 1.1.2 A diversified economic structure sult, the city has focused on the services industry, which economic introduction now employs 83.1% of the working population. The Catalan economy has traditionally been one of Spain’s economic engines, and still has the highest GDP in abso- lute terms of all Spain’s autonomous communities. EMPLOYMENT STRUCTURE percentage of workers by economic sector, 2007 According to data from the Catalan Statistics Institute Barcelona Catalonia Spain (Idescat), the Catalan economy generated €208.63 billion of output in 2007, i.e. 19.87% of the Spanish total. Ca- Agriculture 0.2% 0.5% 0.6% talonia is the region that contributes most to Spain’s GDP , Industry 11.0% 20.0% 16.5% and the second-largest in terms of population. Construction 5.6% 10.3% 13.0% GDP AT MARKET PRICES Services 83.1% 69.4% 69.9% Spain Catalonia Catalonia as a % Total 100.0% 100.0% 100.0% 1.1.3 Foreign investment in Barcelona The area also continues to be a key destination for highly (€ millions) (€ millions) of Spain specialized services, including administrative, financial 2005 904,323 181,029 20.02% Source: Barcelona City Council and Idescat. In 2007, Catalonia received €2,521 million in foreign direct and marketing services centres. These centres are lea- Note: Figures are for workers who are registered in the Social Security system; investment, a figure almost exactly the same as that for ding the current process of transforming companies into 2006 976,189 195,284 20.00% Barcelona figures also include those who are self-employed. 2006, confirming that in recent years the level of foreign in- network structures with autonomous units in different lo- 2007 1,049,848 208,627 19.87% vestment has been stable. In Spain, the figure was €28,850 cations. The percentage of workers in the services industry in Bar- million, triple that of the previous year, thanks largely to one Source: Idescat, INE. celona is considerably lower than that of other large cities important event which represented 65% of the total, namely such as Paris, London and Frankfurt, where the services the sale of the electricity provider Endesa to the Italian com- TRENDS industry accounts for 95% of the economy. Therefore, it pany Enel. ECONOMIC GROWTH could be said that Barcelona maintains a diverse produc- Barcelona is receiving an increasing flow of investment for Annual variation of GDP growth rates at constant prices tion structure, with a strong services industry and a sig- the creation of management centres, research and distribu- 2006 2007 FOREIGN INVESTMENT nificant industrial base. tion centres, software development centres and design cen- in million € Catalonia 3.9 3.6 tres in diverse industries such as professional and consumer The production structure can also be analysed in terms of 2006 2007 % Variation electronics and the automotive industry. Spain 3.9 3.8 07/06 companies. According to the Central Companies Directory Total Total excluding excluding European Union (UE25) 3.1 2.9 of the Spanish National Statistics Institute (INE), 78.1% Endesa Endesa These are some of the industries, activities and uses of the sale sale of firms with employees in Barcelona Province in 2007 future that the city wants to promote. In order to do so, Bar- Source: Idescat, INE, Eurostat. were in the services industry, 14.2% in industry and 7.3% Catalonia 2,577.5 2,521.4 2,521.4 -2.2 celona will seek to attract companies and the business of in construction. large multinationals in the fields of design, knowledge, dis- Spain 9,751.1 28,849.1 10,077.1 3.3 tribution and customer-service call centres. The pattern for recent years shows that, in economic Source: Secretary of State for Trade. terms, Spain and Catalonia have grown at rates that are BUSINESS STRUCTURE Note: Total gross investment not including holding companies. significantly higher than the E.U. average. In 2007, the FOREIGN INVESTMENT TABLE Spanish and Catalan economies grew by 3.8% and 3.6%, At the end of 2007, Barcelona Province was home to a respectively. After an intense period of economic expan- total of 477,942 companies, according to the Central The Barcelona area is home to a concentration of major, NUMBER OF FOREIGN COMPANIES, 2007 sion that lasted for more than a decade, economic indi- Companies Directory of the INE. This figure represents well-established foreign businesses, and it is an important cators in 2008 showed results in keeping with the global 14% of all Spanish companies and 76.3% of all Catalan centre for attracting foreign investment, particularly in in- Barcelona 1,369 economic slowdown. companies. dustry and the high-level service industry. There are over Barcelona Province 2,880 3,000 foreign companies operating in Catalonia, amoun- Barcelona’s economic growth in recent years has placed it ting to approximately 34% of foreign companies in Spain. Catalonia 3,116 among the cities with the strongest economies in the EMPLOYMENT Foreign firms generate around 11% of jobs and account world, according to a study carried out at the start of 2007 for 20% of the total turnover of companies located in Ca- Source: Invest in Catalonia by the accounting firm PriceWaterhouseCoopers. Barce- According to official job-market data, the employment rate talonia. Approximately 90% of the foreign companies in lona is ranked 31st on the list, above cities such as among citizens of working age in Catalonia and the city of Catalonia are found in the Barcelona area. Shanghai and Singapore, out of the 36 cities with the Barcelona is high compared to the European average and FOREIGN INVESTMENT IN CATALONIA, 1998-2007 In thousands of euros strongest economies, which together account for 16% of the rest of Spain. The unemployment rate in Barcelona Well-established firms in the region tend to act strategi- c 22,223,844 world production. and Catalonia is higher than the European objective for cally by making new investments aimed at moving subsi- Percentage of Spanish total (*) 17.80% 2010 (70%) set at the Lisbon European Council. Further- diaries towards activities that generate higher levels of more, the rate of unemployment, which surveys estimated added value. The chief reason for this is the high satis- (*) Excluding Endesa sale. ACTIVITY BY INDUSTRY to be at 7%, is also lower than the European average. Com- faction level (97%) of the companies already operating in pared to its neighbours, Barcelona’s job market is holding the Barcelona area. Barcelona has a long, substantial history of traditional ma- strong against the global economic downturn experienced FOREIGN INVESTMENT IN CATALONIA, 2007 nufacturing activities, and for many years has been Spain’s since the end of 2007. The Barcelona economic area brings together 70% of all the Growth, 2006-2007 -2.2% leading producer in a variety of industries: automotive, Japanese firms in Spain and over 50% of the German, French chemical and pharmaceutical, food, publishing, consumer The number of immigrants in Barcelona has increased se- and American firms. The chemical, pharmaceutical and au- Percentage of Spanish total (*) 25% electronics, etc. Many of these industries left the city over venfold in the space of a single decade, and the fact that tomotive industries account for more than 50% of the foreign time and, during the last few decades, they have moved to most of them are of working age has rejuvenated the city’s industrial companies present in the area, with the services (*) Excluding Endesa sale. the outlying metropolitan area and other locations. As a re- employed population. industry accounting for 42% and construction 3%. 14 15
  • 9. economic introduction 1.1.5 First-class academic and In 2008, for the tenth year in a row, European executives interviewed by the consultancy firm Cushman & Wakefield international training institutions in their annual European Cities Monitor study once again rated Barcelona as the city with the best quality of life for Barcelona’s strong educational tradition has made it a city workers. well equipped for continuous improvement in this area. Its network of educational institutions offers a complete The Mediterranean climate ensures pleasant, moderate range of subjects, providing easy solutions to different temperatures all year round, little rain and many hours of 1.1.4 An internationally recognized educational needs and circumstances. sunshine. The warm climate and sunshine – up to 15 position hours of sunshine per day in summer – mean that daily life in Barcelona is associated with good weather and being Barcelona is ranked highly on various international lists, UNIVERSITIES AND HIGHER EDUCATION outdoors. which value the city very favourably for its urban character, layout, and ability to attract foreign capital, entrepreneurial Barcelona boasts eight universities: five public (Universi- Barcelona’s 4.5 kilometres of beaches are the most fre- approach and great quality of life. tat de Barcelona, Universitat Autònoma de Barcelona, Uni- quently used leisure areas in the metropolitan area. Peo- versitat Politècnica de Catalunya, Universitat Pompeu ple love to swim, sail, sunbathe, stroll, play and enjoy the Fabra and Universitat Oberta de Catalunya, which is a dis- sea. Between May and September 2007 they had around POSITION AND LIST SOURCE YEAR tance-learning university) and three private (Universitat 4.6 million visitors, thanks to their high levels of safety, hy- Ramon Llull, Universitat Internacional de Catalunya and giene, facilities and easy access via public transport. : : No. 1 non-capital city brand Anholt City Brands Index 2007 Universitat Abat Oliva CEU). Offices and centres attached : : No. 9 global city brand, No. 4 in Europe to other Catalan, Spanish and foreign universities can also Barcelona also has numerous green areas, parks and gar- : : No. 1 European city for progress European Cities Monitor (Cushman & Wakefield) 2008 be found in the city. dens spread throughout the city, and 371,334 trees lining : : No. 1 European city for quality of life for its workers its streets and avenues. Close to the city is Collserola : : No. 5 European city to locate to As well as the eight universities listed above, the city is Park, with 8,000 hectares of forest (1,795 of which are home to a number of very prestigious business schools, within the city limits). This park is one of the largest na- : : No. 3 European City with the best assets and the strongest brand City Brand Barometer (Saffron) 2008 including the Instituto de Estudios Superiores de la Em- tural spaces in the world so close to a city. Less than one to match presa (IESE), the Escuela Superior en Administración y hour from Barcelona are other areas and protected natio- Dirección de Empresas (ESADE) and la Escuela de Alta nal parks which encourage people to engage in sports and : : No. 3 European destination for international investment European Investment Monitor (Ernst & Young) 2007 Dirección y Administración (EADA). In this sector, Barce- outdoor leisure activities are encouraged. : : No. 1 Mediterranean City (Baromed) lona is an internationally recognized brand and there are : : No. 1 City in Southern Europe to study in European Cities Entrepreneurship Rank (ECER) 2007 few other cities in the world with such a concentration of Furthermore, the city houses a wealth of cultural riches. top-level business schools. Many foreign students come There are 913 monuments such as sculptures, fountains : : Not ranked among the 30 most expensive cities in the world World-wide cost of living survey 2007 to Barcelona each year to study business administration. and other public artworks which can be enjoyed when wal- to live in (MERCER, Human Resources Consulting) king around the city, 49 museums, 46 theatres, over 200 cinemas and a myriad concerts and festivals that take : : No. 1 European city with a prestigious city brand Branding Communication Strategies (Porter Novelli) 2006 INTERNATIONAL SCHOOLS place throughout the year. Barcelona’s priceless architec- tural heritage, with Roman ruins and Romanesque, Got- : : One of the 5 coolest cities in Europe Europe’s Coolest Cities (Der Spiegel) 2007 In Barcelona and its metropolitan area, there are a num- hic, Modernist and contemporary architecture, plays an ber of international schools which teach their syllabuses important part in attracting visitors. Barcelona is the only : : Within the club of the strongest cities in the world Estudi de PriceWaterhouseCoopers 2007 in accordance with their country of origin. There are a total city in the world to have nine buildings declared World He- : : No. 5 city in the world for international meetings World Country & City Rankings 2006 (ICCA) 2007 of 27 schools teaching in five different languages: English, ritage Sites by UNESCO. French, German, Italian and Japanese. : : No. 4 European city for available exhibition space Rànquing Europeu Recintes Firals (AUMA) 2007 Besides all the above, the area offers first-class public (280,000 m2) and private services (such as education, healthcare etc.), and its businesses have a strong commitment to environ- 1.1.6 Quality of life: a city for living mental issues, respecting quality standards and preven- ting hazards in the workplace. This, combined with and working high-quality, low-cost public transport, makes Barcelona a very attractive city to live in as well as a great place to do Barcelona is a dynamic, modern and diverse city, which business. for centuries has combined a strong entrepreneurial, com- mercial and business spirit with the art of living well and enjoying cultural vitality and a high-quality urban lifestyle. 16 17
  • 10. economic introduction 1.1.7 New urban-planning projects AIRPORT: b_TEC is a space for generating and transmitting know- GRAN VIA BUSINESS DISTRICT (HOSPITALET) ledge and innovation. It is based on the “triple helix” AND ENLARGEMENT OF THE FIRA DE Barcelona is a dynamic city that is reinventing itself for :: Distance to the city centre: 7 km model of the confluence of science and technology, public BARCELONA :: New passenger terminal the future. It is currently in the middle of the most impor- administration and business. A campus building, offices, :: High-speed-train station (TAV) :: Distance to the city centre: 5.5 km tant urban and economic transformation in its recent his- buildings for university and business use, the Barcelona :: Enlargement of the freight zone :: Size: 163 hectares tory. The new projects looking towards the future aim to :: Airport city (complementary services and activities) School of Industrial Engineering, the Energy Park, student :: 30,000 jobs consolidate and build upon the city’s economic develop- :: Better access by road, rail and metro residences and commercial premises will be constructed. :: 260,800 m2 for new housing ment, in accordance with the new parameters of the know- ledge society, sustainability, internationalization, social cohesion and quality of life. GLÒRIES SQUARE AND SURROUNDING AREA This is an ambitious project to remodel and enlarge the :: Distance to the city centre: 2.5 km Remodelling of the area along the Gran Via in Hospitalet to The scope of some of these projects reaches beyond the airport and port facilities in order to improve the hand- :: Cost: €600 million the Barcelona city limits will convert the area into one of city limits and into the surrounding area, representing a ling of passengers (up to 70 million for the airport) and :: Involves 36 city blocks the metropolitan area’s economic engines. The project in- strong investment in the metropolitan area as a whole. cargo in terms of quality and quantity, and to improve :: 19-ha city square cludes enlargement of the exhibition centre: its area will be intermodal connections with other forms of transport tripled to 240,000 m2, giving it an exhibition space of Some of the most emblematic projects are outlined (road, rail and metro). 130,000 m2 below: A key objective is to convert Barcelona Airport into an in- Glòries Square and the surrounding area are to be remo- ternational hub ready to respond to the predicted de- delled, with the aim of converting them into one of the city’s 22@: BARCELONA’S INNOVATION DISTRICT mands for growth up to 2025. Regarding the port, its largest green areas and a major public transport hub. The enlargement will be completed in 2010 and it will be the current ring overpass will be replaced by a series of under- :: Distance to the city centre: 2.5 km most important logistics centre in Southern Europe. ground carriageways, and an underground public transport :: Size: 200 hectares hub connecting trains, the metro system and tram network :: 3.2 million m2 for production activities will be constructed. The surrounding area will be remodelled :: €180-million infrastructure plan SAGRERA - SANT ANDREU with the construction of new homes (approximately 1,200 :: An estimated 150,000 new jobs :: 4,000 new public-housing units apartments, of which 55% will be public housing), offices :: Distance to the city centre: 6.5 km :: €12 billion of economic operating potential :: Size: 163 hectares and other facilities. :: 53.5 hectares of green areas and a 5-km green corridor :: Construction of over 8,000 homes NEW MARINA NEIGHBOURHOOD The old industrial district of Poblenou will be transformed :: Distance to the city centre: 5 km into a new technological and innovation district to promote :: Size: 75 hectares, 12 hectares of green areas the establishment of high-level activities in the services in- The Sagrera-Sant Andreu project involves the renovation of :: About 12,000 new homes, housing 30,000 people dustry and knowledge-intensive industries. The district will a large part of the city in order to construct the new central :: 315,000 m2 available for business be put to a variety of uses and will be a place for living and station for high-speed trains. The station will also have con- working. 22@ promotes the concentration of activities in nections to suburban train services, the bus network and five strategic industries: multimedia and audiovisual, IT, bio- the metro system. The existing lines will be roofed over, and BET-BARCELONA ECONOMIC TRIANGLE medicine, energy and design. various surrounding neighbourhoods will be remodelled. A A new neighbourhood will be created for both residential mobility museum will also be built. and commercial use in a former industrial area in Barce- :: Size: 3243 hectares lona’s Zona Franca district. Use of the area will be divided :: International Gateway (LLobregat Area): 4.424.000 m2 ENLARGEMENT OF THE PORT AND AIRPORT as follows: 30% roads, 35% residential and business, and :: 22@Innovation & Creativity (Besós Area): 3.708.600 m2 :: Mediterranean Corridor (Vallès Area): 2.678.100 m2 PORT B_TEC: BESÒS INTER-UNIVERSITY CAMPUS 31% public spaces and green areas. :: 10.810.700 m2 for new economic activities :: Distance to the city centre: 2 km :: Distance to the city centre: 7.5 km :: Doubling of the sea area to 786 hectares :: Size: 8 hectares :: Doubling of the land area to 1,265 hectares :: 148,000 m2 of land available for building :: Extension of the wharves to 29,702 m :: 2,000 students and 180 teachers (first phase) :: Enlargement of the logistics activities zone by 200 hectares Three consolidated areas of economic activity that have large projects in progress and many investment opportuni- ties, with tremendous potential and future prospects. 18 19
  • 11. economic introduction 1.1.8 Trade fairs, conferences and Fira de Barcelona’s strategic plan for 2006-2015 centres 1.1.9 . First-class tourist destination Europe, with the highest numbers coming from the United conventions on the enlargement of its new site in Gran Via and the re- Kingdom and Italy. The number of visitors from the United modelling of its historic Montjuïc venue in the city centre. For many years, Barcelona has consolidated itself as a su- States is also significant, given that in 2007 it was over Those venues, with 8 exhibition halls, and the new Gran perb tourist destination in Europe. In 2006 it topped the list half a million for the first time. FIRA DE BARCELONA Via site with 6 large pavilions, provide a total of 365,000 of non-capital, and occupied sixth place on the list of Eu- m2 of exhibition floor space, making it the largest exhibi- ropean cities for tourists, according to studies carried out TOURISTS BY COUNTRY 2007 Barcelona boasts one of the best exhibition centres in Eu- tion centre in Spain and one of the foremost in Europe. by European Cities Marketing. Furthermore, Barcelona ap- rope, with a history that goes back more than 100 years After the forthcoming enlargement, which will create an peared for the first time among the ten most-visited cities Spain 29.0% to the World’s Fair of 1888. The Fira de Barcelona organi- extra 40,000 m2, the total exhibition floor space will reach in the world in Euromonitor International’s Top 150 City United Kingdom 11.1% zes 75% of the large industrial and professional trade fairs 405,000 m2. Destinations Ranking. in Spain and 15 of the most important fairs in Europe. Italy 8.8% Some of its biggest shows include: After the enlargement has taken place, Barcelona will pos- In 2007 the city welcomed more than seven million tou- France 6.4% sess Europe’s second-largest exhibition centre in terms of rists, who were responsible for 13.62 million overnight floorspace and the premier venue in terms of design, tech- stays. The number of tourists was 6% higher than the pre- Germany 5.3% FIRA DE BARCELONA TRADE FAIRS THAT ARE EUROPEAN nological innovation and customer service. vious year. BENCHMARKS Other European countries 20.3% Name Rank Activity/Industry United States 7.5% CONFERENCES, CONVENTIONS AND INCENTIVE TOURISM IN BARCELONA 3GSM 1 Mobile communications Latin America 3.9% TRIPS 2006 2007 % change Bread & Butter 1 Fashion 2006-2007 Japan 2.0% Construmat 1 Construction In 2007, Barcelona was ranked sixth in the world in terms of Tourists 6,709,175 7,108,393 6.0 % Other 5.7% the conferences it hosted, according to the International Con- EIBTM 1 Business trips, Overnight stays 13,198,982 13,620,347 3.2 % Total 100% gress & Convention Association (ICCA). 2007 was also a conferences successful year in terms of conference organization, with an Source: Department of Tourism Promotion and Quality of Life, Source: Turisme de Barcelona and Idescat, from data provided by INE. Piscina 1 Sport and leisure increase of 36.2% in the number of events, of which con- Barcelona City Council. Hostelco 2 Hotel & Catering Industry ventions and incentive trips saw the biggest increase (48.2%) compared to the previous year. Alimentaria 2 Food and drink 49% of visitors to Barcelona came for professional reasons, Barcelona offers quality hotels, with 54,036 beds availa- Barcelona Meeting Point 2 Property The number of delegates also rose considerably in 2007, and this figure is expected to have stayed the same or to ble in 27,806 rooms at 295 establishments. The average with an increase of 28.2% compared to 2006. have increased in 2008, owing to the number of confe- occupancy rate is 79.7%. In recent years, the four-star Expoquimia 2 Chemical rences, trade fairs and conventions that have taken place hotel category has grown the most, which has kept prices Boat Show 2 Boating throughout the year. at a stable level. CONFERENCE ACTIVITY SIL 2 Logistics 2006 2007 Increase Sonimagfoto 2 Photography and audiovisual 07/06 REASONS FOR VISITING THE CITY, 2007 HOTELS IN BARCELONA 2006 2007 % change International Motor Show 3 Automotive Total number of conferences and 2000 2007 2006/2007 conventions 1,303 1,775 36.2% Caravaning 3 Leisure and tourism - Conferences 335 340 1.5% Tourism 51.5% 48.0% Hotels 285 295 3.5% - Conventions and incentive trips 968 1435 48.2% Graphispag 3 Graphic design and publishing Professional 45.7% 49.0% Rooms 26,968 27,806 3.1% Total de delegats 491,028 629,704 28.2% Other 2.8% 4.0% Beds 52,484 54,036 2.9% Source: Fira de Barcelona. Source: Barcelona Convention Bureau. Total 100% 100% Occupancy rate 77.7% 79.7% 2.0% 2007 was a very successful year for the Fira de Barce- 2007 stood out as a year in which the city’s international Source: Turisme de Barcelona. Source: Turisme de Barcelona. lona, as it held 65 of its total of 80 fairs (counting annual stature was consolidated. 80% of delegates came from and biennial events) with a total of 45,000 exhibitors, 34% other countries, and 64% of conferences were of an inter- of which were foreign, representing an increase of 17%. national nature. Without taking tourists from other parts of Spain into ac- The year’s events were visited by 3.5 million people, 20% count, most visitors to Barcelona were from elsewhere in of whom came from overseas. 20 21
  • 12. 1.2 Strategic and emerging economic introduction industries (clusters) Barcelona promotes emerging, knowledge- intensive, innovative and dynamic indus- Clusters tries that act as strong drivers of development. This allows clusters to be created, and Barcelona is an international leader in creating clusters of benchmark science and technology centres, businesses 1. ICTs 3. Biotech 5. Design and public bodies in strategic industries: chiefly ICTs, the media, biotech, energy, Barcelona has invested in the ICT sector to help the compa- Remarkable developments in biotech have occurred over Barcelona is strongly identified with all forms of design. design and agri-food. nies in the city more competitive. A combination of projects the last ten years, and today this industry forms part of Traditionally, the city has been an international benchmark has been set up which give added value to business activi- the technological portfolio of the most advanced countries for design, which is reflected in organizations such as the ties and help the city become a benchmark for ICTs in Eu- in the world. Barcelona Design Centre (BCD), the Centre for the Deve- rope. Barcelona has also become an ideal location for Although Barcelona and Catalonia are only at the begin- lopment of the Decorative Arts (FAD), the Design Museum, development of the sector, thanks to the advanced infras- ning of biotech industry development, they are compen- and many prestigious design schools. tructure being put into place, particularly in the 22@ district. sating for their late start with rapid growth. In the last five years the number of companies operating in the biotech in- dustry has grown by 30%. 2. The Media 4. Energy 6. Agri-food The media industry, also known as the content industry, The energy industry is a key part of society’s economic ac- Barcelona has a unique tradition in the agri-food industry communication industry, cultural industry and creative/co- tivity and wellbeing. Barcelona and Catalonia, with their that has enabled the development of a setting that en- pyright-based industry, includes all the companies working culture of entrepreneurship and industry, are significant compasses scientific activity and business activity of all in the production, creation, publication, distribution, use sources of energy industry know-how and have developed kinds: from the production and use of raw materials to and management of information and experiences that have many R&D lines and projects in the energy sector, in fields the development of finished products and food-related communication as an objective. such as renewable energy, climate control, natural cooling services. Barcelona has become a true cluster and an in- The sector includes a wide range of industries, some tra- technologies and electricity instrumentation and control. ternational benchmark in the agri-food industry. The exam- ditional and others emerging, which, despite their different The Barcelona Energy Improvement Plan (PMEB), promoted ples below provide evidence of this fact. origins, face the same challenges. Sub-sectors of the by Barcelona City Council, and the 2006-2015 Energy Plan media industry include Internet services and content, ani- promoted by the Catalan government are two projects that mation, cinema, product design and innovation, services represent the commitment to making Barcelona and Ca- and content for mobile phones and PDAs, television, radio, talonia 21st-century benchmarks in Europe for the energy games, marketing, publishing, museums and cultural heri- industry. tage, theme parks, events and shows. 22 23