Global Trade Alert
Global Trade Alert

Spain: EUR 28 million financial support to Grupo Mediterránea de Catering S.L. (COVID-19)

Announcement

03 May 2022

In May 2022, the Spanish government approved a financial package in favour of Grupo Mediterránea de Catering S.L.. 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

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 May 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 3 May 2022, the Spanish government published an agreement approving a EUR 23 million (USD 24.2 million) participative loan in favour of Grupo Mediterránea de Catering S.L. The beneficiary is a Madr...

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