Second Vice President and Minister of Foreign Affairs Economic Affairs and Digital TransitionNadia Calviño assured that the Government has “maximum respect” and will implement the decision of the Supreme Court of Justice of Catalonia (TSJC) that assigns the ownership of steel company Celsa to the funds controlling its debt. Without leaving to look after the strategic interests of Spain.
This was stated in Brussels on Wednesday, after the TSJC passed a resolution last Monday accepting approval of the restructuring plan proposed by Celsa’s creditors. Shareholders who replace the current owners of the company, The Rubiralta family.
In the ruling, the judge agreed to approve Celsa’s restructuring and understood that: procedure meets all legal requirementsConsidering that the amount of debt (3,988 million) is much higher than the value of the company (between 2,400 and 2,775 million), and the Group’s survival was ensured by the offer of creditors.
“We will see how we will implement the instruments” we always think of profit The vice president stated that our country plays an important role in maintaining employment and this important industrial capacity in Spain.
However, he also stressed that the Government would consider “the defense and protection of Spain’s strategic interests” “as in all other operations”.