Global Trade Alert
Global Trade Alert

Spain: Government approves bailout in favour of Manufactura Moderna de Metales S.A (COVID-19)

Announcement

14 Jan 2022

In January 2022, the Spanish government approved a bailout in favour of Manufactura Moderna de Metales S.A under the recapitalisation fund approved in July 2021 (see related state act).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Jan 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 14 January 2022, the Spanish government approved a EUR 18 million (USD 20.5 million) bailout in favour of Manufactura Moderna de Metales S.A. The beneficiary, headquartered in Barcelona, is a Spani...

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