Announcement
23 Nov 2021
In November 2021, the Spanish government approved a financial package in favour of Reinosa Forgings & Castings S.L.U. The operation was issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
23 Nov 2021
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 23 November 2021, the Spanish government published an Agreement approving a EUR 13.8 million (USD 15.5 million) participative loan in favour of Reinosa Forgings & Castings S.L.U. The beneficiar...
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State loan
In force
On 23 November 2021, the Spanish government published an Agreement approving a EUR 13.2 million (USD 14.9 million) state loan in favour of Reinosa Forgings & Castings S.L.U. The beneficiary, headq...
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