Industry
Talgo will hold a shareholders' meeting on December 12 to confirm the entry of the Basque consortium chaired by Sidenor
Shareholders will approve Sidenor's purchase of 29.77% of Talgo following the agreement reached on November 7 with Pegasus.
There will be news: the statement of the victims of the Menesian brothers, Jainaga in the National High Court and the prerelease of the film "The Night"
A summary, in two words, of what will be news in the Present today.
Three directors of Sidenor will testify on Wednesday at the National High Court on charges of selling steel to Israel
The AN judge is investigating whether Sidenor illegally sold steel to Israeli Military Industries, whose president, José Antonio Jainaga, and two other senior officials are charged with smuggling and complicity in crimes against humanity.
Talgo is up 9.7% on the stock market after Sidenor bought 30% of the company
Talgo's listing has been suspended for about an hour at Friday's session, before the company informed the National Securities and Exchange Commission that Sidenor has purchased that stock package.
The Basque Government has called for "no speculation" about Sidenor and has shown its "utmost respect" for the investigation
Ibone Bengoetxea, First Vice-President of the Basque Government eta, Counsellor for Culture and Linguistic Policy, has stressed the need to "wait" for the ongoing investigation and stressed the importance of the Talgo agreement.
Esteban, about Sidenor: "There has been an accusation, but prejudices are not at all convenient."
After opening an investigation into the alleged sale of steel to an Israeli arms company, EBB President Aitor Esteban has asked to avoid prejudice: "Value judgments should not be made beforehand." Jeltzale has stressed that "the company will have to explain this."
The Spanish Government declares that it is up to the judiciary to investigate what a company has done
The First Vice-President of the Spanish Government, María Jesús Montero, has assured us that it is up to the justice system to clarify what happened and has stressed that the regulations prohibiting the export or import of arms from Israel are in force.
The machine tool sector is not going through its best moment
Trump's tariffs are making sales difficult, which is evident from the latest export data we met yesterday, which has fallen by 31%. The Machine Tool Companies Association estimates that demand in the sector will fall by between 5% and 10% this year.
The National High Court is investigating Sidenor for selling steel to an Israeli arms company
The National High Court is investigating the president of Sidenor, José Antonio Jainaga Gómez, and two other directors for selling steel to the arms manufacturer Israel Military Industries (IMSI).
ACV exports fell 29% in August following the application of new tariffs
The decline was due to the decline in energy products, which fell by 77.6%, while non-energy products fell by 22.5%, especially in the automotive sector.
The 5 main challenges of the Basque steel industry
An international meeting of the steel sector began today, Tuesday, at the BEC of Barakaldo, where, among other things, the challenges facing the Basque sector in the short term are discussed: tariffs, decarbonisation, the need for energy...
There will be news: Steel Tech Congress, Sarkozy Prison and the presentation of the Danok Oteiza Association
A summary, in two words, of what will be news in the Present today.
The Basque and Polish governments are committed to promoting Europe's strategic autonomy
The Euskadi-Poland Forum held this Monday in Bilbao has discussed, among other things, cooperation in marine wind energy and clean technologies, as well as aerospace technologies and intelligent and logistical infrastructure.
Orona will make a $60 million investment in Hernani land to build a new plant
ORONA has announced the purchase of 60,000 square metres of land to create 150 jobs in the elevator sector.
Dikar cooperative buys textile group Ternua with the aim of "ensuring continuity" and "ensuring territorial industry"
The "success" of the proposal has been based on the "commitment to the territory, people and future of the brand" shown by the cooperative .
The Ternua group has sold the brand Loreak Mendian to the Guipuzcoana company Borobitex
Adegi warns that the stagnation of the industry prevents economic growth
They say that billing and demand are not growing in recent times. Employment is also growing less, and Guipuzkoan companies think that growth will soon be "zero."
The Basque Government will create the Indartu investment fund with 400 million
In addition, the Finkatuz Public Investment Fund will update its statutes in order to make the criteria for participation in enterprises more flexible, for example, it will not be necessary for the company to have its headquarters in the Basque Country, and it will suffice for it to have a 'territorial impact'.
The Government has raised its growth forecasts by a tenth, to 2.2% this year and 1.9% by 2026
The Vice-President and Counsellor for Economy, Employment and Employment, Mikel Torres, has stated that the Basque Country "has a strong economy, ready to meet the challenges of the future and capable of adapting to any international uncertainty." Contration will be key to domestic demand.
Workers at Maderas de Llodio report a passive attitude of the institutions to the ERE
The Works Council has stated that 40% of production would be taken outside Llodio, which would also jeopardize the future of the region.