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Spain: EUR 113 million in participative loans to Grupo Tubos Reunidos (COVID-19)

Description

On 20 July 2021, the Spanish government published an Agreement approving a EUR 112.8 million (approx. USD 132.8 million) participative loan in favour of Tubos Reunidos SA. The support was issued under...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Jul 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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