The Valencian Community Business Confederation (CEV) has requested approval of short-term assistance for the electro-intensive industry, as has already been done in other neighboring European countries. The organization warns that the continued rise in gas, electricity and fuel prices in companies has serious consequences in industries such as textiles, chemicals, ceramics, tanning and even shipping.
Meeting at the CaixaForum València, CEV’s executive and board of directors condemned the complex situation faced by industry and other sectors of the Valencian economy due to the energy crisis. At the meeting of the energy commission of the confederation, chaired by Vicente Nomdedeu, it was noted that the lack of direct assistance to overcome this temporary and exceptional situation was noted. seriously jeopardizing the survival and viability of companies.
As highlighted by the organization, the industrial sectors, but also the hotel, catering, transportation, integrated water cycle or agriculture sectors, which started from a pre-energy crisis with virtually non-existent profit margins, are going through a very complex process. due to the disproportionate increase in energy costs.
After watching the help gas-intensive industries have received so far, CEV there are a significant number of companies still waiting to acquire them. Therefore, more speed is demanded, and the central government is urgently deploying emergency aid at a similar and deeper level to that provided by neighboring European countries.
Regarding the regional assistance included in the Reactive Plan of Generalitat Valenciana for gas consuming companies, Consell’s need to implement the support they recommended before last summer became clear and complements those offered by the central government, finding it completely inadequate.
In addition, they indicate that they should. increased financial support through soft loans and bank intermediation for money in circulation, which doubles guarantees the activities of companies affected by the rise in prices. On the one hand, providing more working capital, on the other hand, increasing the level of risk approved for companies due to price increases that exhausted the limit approved years ago.
CEV insists that the aid requested is conditional, not structural, because the source of the problem is purely external, and so once gas prices return to normal, it will no longer be needed. However, there is a risk that it will be too late if they are not activated immediately and strongly enough.
new additions
Likewise, the committee and board of directors approved the inclusion of three new partners in CEV, namely Dymsa Engineering, ComplyNow and Grupo Alacant.
Finally, after the meeting of governing bodies, the intervention of Enric Fernández, chief economist of CaixaBank, took place with a presentation on “Economic Perspectives in Times of Inflation and Uncertainty”, followed by executives of directly related companies. with CEV.