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Spain: EUR 280.5 million financial support to Celsa Spain (COVID-19)

Description

On 24 June 2022, the European Commission approved a EUR 280.5 million (USD 295.6 million) recapitalisation loan to support Barna Steel S.A. of the Celsa Group in the context of the COVID-19 pandemic. ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jun 2022

Revocation date

No revocation date

Implementation level

National

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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