The government rescues 34 million to the Catalan Serhs group chaired by the Independence Jordi Bagó

A Catalan businessman who defends secession since the past decade has ended up asking and achieving the rescue of the State. The Council of Ministers has appr

The government rescues 34 million to the Catalan Serhs group chaired by the Independence Jordi Bagó

A Catalan businessman who defends secession since the past decade has ended up asking and achieving the rescue of the State. The Council of Ministers has approved to inject 34 million in the Catalan Serhs Group (Serveis Mancomunats Hospitality I Similars Societat Limited) under the Solvency Support Fund for Strategic Companies, which is the same used for the rescue of the Plus Ultra airline .

According to a statement from the Ministry of Finance, the Government has given green light with "a total amount of aid amounting to 34 million euros". "Support will be channeled through a participatory loan amounting to 17.34 million and an ordinary loan out of a total of 16.66 million euros". The Government considers this strategic for Spain the Serhs group founded by the Bagó family, which has been meant in favor of secession.

The current president, Jordi Bagó, is a member of the Sobereist Foundation Femcat and he himself declared The New York Timesque an independent Catalonia "would build a more solid economy than that has been imposed so far by Madrid". His father, the deceased Ramón Bagó, said that same year that "those who say that independence will ruin everything to see if they are silent of a damn time." Years before he lit a controversy when he assured that "he would have to kill all of the PP," but later he apologized and avoided a complaint from the then leader of the party in Catalonia, Alicia Sánchez Camacho.

Bagó has now resorted precisely to his deny "power of Madrid" to save his company. According to the Government, in addition to the Bagó family, "Serhs has 1,398 shareholders, of which approximately 40% are employed, family and small businesses." "It is structured in four business divisions: distribution, hotels, food and services. The hotel division, between ownership and management, has eight hotels, six of them in Catalonia, and two in Brazil, with about 1,000 rooms."

It also justifies the rescue because "SERHS billed more than 268 million euros in 2019, serving some 40,000 customers. Due to the pandemic that volume of business has been reduced by 45.3%, until reaching 147 million euros in The year 2020 ". "In addition, it has 2,500 suppliers. At the end of 2019, the staff in Spain amounted to 2,080 employees, representing 93% of the global volume, which was located at 2,463 employees". Its template is something lower than that of Plus Ultra.

The Council of Ministers has given green light to three rescue operations. In addition to this of the aforementioned Grupo Hosteler Catalan, it has granted others to the Airtificial Group and Reinosa Forgings & Castings S.L.U. All three amount to a total amount of 95 million euros. Airtificial (34 million injected) ensures that it is "a company specialized in applied artificial intelligence, which has a relevant strategic character within the industrial sector, developing robotics and artificial intelligence solutions for the automotive sector, manufacturing components and provision of services Engineering for the aerospace sector and for the water infrastructure sector and renewable energy, mainly ".

His current president is Rafael Suñol, who was the maximum responsible for the Industrial Credit Bank appointed by Carlos Solchaga when he was Minister of Finance. In the Board of Directors there are the businessman and Experio Ladislao Azcona that is relevant shareholder of this company, whose ancient denomination is inypsa.

As for reinosa forgings (27 million) "is a strategic company in the industrial sector of manufacturing forged and large melt parts. It has the largest foundry and forging plant in Spain, in turn one of the largest Europe". He has the support of the Cantabrian Government President, Miguel Ángel Revilla, and is currently owned by the American German group NFL. The president of this company, the ancient La Naval, is Bruce Liimatainen.

On the other hand, the Government has unlocked another 80 million for Hard Felguera by accepting the modification of its feasibility plan with the renewed commitment to incorporate "an industrial partner".

Updated Date: 25 November 2021, 01:28

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