Jáuregui hopes that "within two months" the Talgo Shareholders Board will approve the operation and complete the process
The Basque Government's Industry Advisor, Mikel Jauregi, has stressed that there have been "many adventures" in this process, which has been "difficult" and "longer than expected", but has stressed that the approval of the SEPI's entry is an "indispensable step" in resolving the Talgo affair.
The Industry Advisor of the Basque Government , Mikel Jáuregui, has considered that the decision of the Spanish Government, through the SEPI, to enter the Talgo purchase operation by 75 moillion euros has taken "firm and substantial steps" to help the Talgo take root in the Basque Country.
The State Society for Cooperation will enter the capital of Industry (SEPI in Spanish) Teague by means of a capital expansion, with a contribution of 75 million euros from the agency under the Spanish Government, which will control 7.8% of the capital (45 million euros) and subscribe to a debt issue of 30 million euros.
In an interview on Radio Euskadi this Wednesday, the Industry Advisor has acknowledged that the process has been "difficult", "there have been many adventures", but has stressed that the approval of the SEPI's entry is an "indispensable step" in resolving the Talgo affair.
"It is a necessary step, a firm and positive step," said Mikel Jáuregui, who pointed out that there are still "more steps to be taken", but that this Tuesday's was "one more step" in the "road map" marked by José Antonio Jainaga and the Basque consortium.
Jáuregui has explained that "what is missing as a final step is for the Talgo Shareholders Board to approve the capital expansion." And although for the time being that Shareholders Board has no specific date, Jáuregui believes it will be soon: "We are talking about about about two months for that Shareholders Board to approve the operation," he said. Once that happens, the process will be closed.