Economy will continue with the termination of Fundesem contract due to lack of plan

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Likewise, those responsible Fund us They announced that they were presenting it last Wednesday. bankruptcy protect themselves against the risk of a supplier going ahead and initiating the necessary process, as well as Ministry of Economy will continue with necessary procedures to defend their interests and to terminate the contract with the business school for non-payment of the rent of its headquarters.

This was assured by the minister himself. rafael air conditioner reminding that the agreement was signed three-way meeting Meeting with Alicante mayor Luis Barcala and head of the training center Cayetano Sánchez Butrón on Monday, a new payment plan, a viability plan and a training plan it’s so friday. “If they do not present, we will terminate the contract.“, shown Climent emphasized “very disappointed” With management conducted by those responsible for Fundesem in recent years.

Specifically, he reminded that after the agreed refinancing in 2019 – with the replacement of previous managers by Sánchez Butrón’s team – the situation is far from improving. “it got worse”and, as noted, only 60,000 of the planned 600,000 euros were paid.

In any case, there will be no need to wait for Friday, because the president Fundesem reported the same Thursday for the registration of the competition presentation and impossibility of proposing any feasibility plan Right after the European University decided to break the agreement they had reached to share facilities and do a joint master’s degree.

In any event, termination of the lease by Ivace must also pass through the responsible judge. process the contest and should be resolved along with other issues affecting the school so that those responsible do not fear emergency evacuation if it does happen. In this context, Sánchez Butrón reiterates that his intention is as follows: make a deal with creditors –the total debt will be about 2.5 million, Of these, 1.65 would be with Ivace in search of the training center’s survival.

The Minister also reiterates his intention to use the property as a business school, whatever happens to Fundesem.

when it comes Alicante Town HallThey do not comment on the competition request from the municipality, which owns the land where the headquarters of the business school is located, but they reiterate their support for all kinds of measures taken.”Searching for the viability of Fundesem“.

Finally, coming European University officially confirmed that they’re protecting it this Thursday Commitment to settle in AlicanteRegardless of the breach of their agreement with Fundesem, they see it as a strategic place in their growth plans. Therefore, the private university will already be looking for alternative places to give its education.

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