The Basque consortium has raised 75 million to buy Talgo, and SEPI expects to contribute the same
According to the PNV, the Spanish Government, through the SEPI, initially committed itself to supporting the purchase of c and strengthening the company through a loan of 150 million euros. Ondo proposed to split the operation into two, to take over 75 million and the Basque consortium the remaining 75 million.
The Basque consortium led by Sidenor, in which the public funds of the Basque Government Finkatuz Eus and the Basque boxes BBK eta Vital - are also involved, has mobilized 75 million euros for the refinancing of its debt by Talgo.
Sources from the Department of Industry of the Basque Government have confirmed the step taken by the Basque consortium and stressed that they have made money in a few days.
In this context, the Basque Government hopes to be able to channel the purchase of Talgo.
Last Tuesday, Jose , a company led byAntonio Jainaga , president of Sidenor, asked the Spanish Government\u00A0today not to "hinder" the purchase of 29.8% of the company Talgo.
According to the PNV, theSpanish Government, through the SEPI, initially undertook tosupport the purchase of 0 and to strengthen the company through a loanof 150 million euros.
Subsequently, the State proposed to split the operation into two so that theBasque consortium led bythe Spanish Government 75 million eta Sidenor would take over the remaining 75 million (Finkatuz basque public funds and and Vitalfunds).
More news about the economy
Metro Bilbao train drivers have called for a nine-day stoppage from July 30 to August 22
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Ramiro Gonzalez hopes that Talgo's operation will take place "in the next few days, in July."
Accordingto the General Representative of Álava, Ramiro Gonzalez A, the Basque consortium led by Sidenor (Finkatuz Eus Government Public Funds and BBK eta Vital kutxas) have resumed negotiations in recent days for the purchase of Talgo and are "on the right track".
Jainaga defends public-private cooperation in the context of the purchase of Talgo
The president of Sidenor, José Antonio Jainaga, has been awarded the 2025 Joxe Mari Korta Prize for his work in favour of business innovation. In his speech, he referred to the operation of buying the company Talgo and defended public-private collaboration. The lehendakari, Imanol Pradales, thanked him for his commitment to the Basque industry.
Jose Antonio Jainaga receives the 2025 Joxe Mari Korta Prize
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Villaves' strike continues and minimum services may wobble
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Vitoria-Gasteiz gardeners have continued their strike after the unions rejected the Labor Department's offer
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LAB has refused to provide collateral for the purchase of housing and said it is "throwing gas into the fire" of prices
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