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Global Trade Alert

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Spain: EUR 35 million financial support to Grupo Losán (COVID-19)

Description

On 21 December 2021, the Spanish government published an Agreement approving a EUR 21.6 million (USD 24.3 million) loan in favour of Grupo Losán. The beneficiary, founded in 1964 and headquartered in ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Dec 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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