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Spain: EUR 29.3 million financial support to Grupo Abades (COVID-19)

Description

On 25 January 2022, the Spanish government published an agreement approving a EUR 22.8 million (USD 25.7 million) loan in favour of Grupo Abades. The beneficiary, headquartered in Granada, is a Spanis...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jan 2022

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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