The Minister of Industry, Energy transition and sustainability of the Basque government, Mikel Jaureegi, has valued the agreement as “Great news for the company, for employees, for Zumaia, for Gipuzkoa and for the industry and economy of Euskadi.”
He Construction managerla accepted the Remove the proposal of the debt of the creditors of Balenciaga Scheepswerven And the Basque government is already working with the possible investors who guarantee “an industrial project for the future” for the company, as announced by the Minister of Industry, Energy Transition and Sustainability of the Basque Government, Mikel Jauregi.
In a statement, Jaureegi emphasized that it is “great news for the company, for employees, for Zumaia, for Gipuzkoa and for the industry and economy of Euskadi.”
The counselor has indicated that “the agreement assumes that all creditors accept a debt removal, which, de facto, means that unlocking the current situation of Balenciaga.”
A few days ago the discouragement of the guilt of the Gipuzkoan ship yard with public-private society specialized in the management of state funds, Cofides, which, according to some information, would be from 15 to 8.5 million.
After emphasizing the “work that is done by all parties involved”, Jauregui has the “Will to give agreement that all creditors have shown with the decision to accept the removal of the amount due”.
In that sense, he has made a special mention “to the effort of Cofides and Elkargi with the aim of reaching an agreement to carry out the operation”, and also to the Provincial Council of Gipuzkoa “that has always worked with the Basque government to find a solution for Balenciaga sheaves.”
Jauregi has emphasized that it is a “very important agreement, because it opens a hopeful path for the future of the shipyard, which has been blocked so far, and that will allow the following steps to negotiate with the possible investors.”
“The Basque government is already working with the possible investors who guarantee an industrial project for the future for Balenciaga, through a negotiation led by the Basque government by the Vice Minister of Industrial Promotion, Andoitz Korta,” he said.
Caution
In this context, the counselor asked “caution and discretion to continue with the path of negotiations a few months ago” by his team, because “it is a great step, but not enough, because there is still a way to go.”
Jaureegi has repeated “the dedication” of the Basque government with the industry of the country and with the support of Basque companies that “create wealth, work and good for our society”.
“As we have done in other industrial projects in the country, we will continue to work from the Basque government to attract investors who propose solid and future industrial projects that promote the roots of our industry, promote growth and expansion, high -quality jobs and guarantee the activity to its suppliers,” he said. “On that path, these projects will always have the guidance of the Basque government,” he said.
Finally, the counselor “wanted to emphasize and thank the good harmony between the Basque government and the Spanish government.” “I think it is again a good example of the work for society that we can do the different administrations when we work in a common goal,” he concluded.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
