Global Trade Alert
Global Trade Alert

Spain: Government approves bailouts in favour of Grupo Navec and Serviocio-BeOne (COVID-19)

Announcement

27 Jan 2022

In January 2022, the Spanish government approved two bailouts under the recapitalisation fund approved in July 2021 (see related state act). 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

27 Jan 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 27 January 2022, the Spanish government approved a EUR 9 million (USD 10 million) bailout in favour of Grupo Navec Servicios Industriales S.L. The beneficiary, headquartered in Tarragona, is a Span...

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Capital injection and equity stakes (including bailouts) In force

On 27 January 2022, the Spanish government approved a EUR 24.5 million (USD 27.3 million) bailout in favour of Serviocio-BeOne. The beneficiary, headquartered in Galicia, is a Spanish company operatin...

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