Global Trade Alert
Global Trade Alert

Spain: Government approves bailout in favour of GTCEISU Construccion SA (COVID-19)

Announcement

16 Jun 2022

In June 2022, the Spanish government approved a bailout measure in favour of GTCEISU Construccion SA 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

16 Jun 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 16 June 2022, the Spanish government approved a EUR 15 million (USD 15.7 million) bailout in favour of GTCEISU Construccion SA, a Spanish company specialising in engineering and construction works....

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