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Defence supplier to receive support from Spanish government fund

by David Ing

Spain's state holding company Sociedad Estatal de Participaciones Industriales (SEPI) has approved EUR34 million (USD39.4 million) in loans to help troubled aerospace and defence parts supplier Airtificial.

The money is due to come from a support fund for the solvency of strategic companies (apoyo a la solvencia de empresas estratégicas), a rescue fund set up last year by the government for companies seen as important to the country's economy.

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Economic policies Economic stability Government bail-outs Security Spain
https://www.janes.com/defence-news/news-detail/defence-supplier-to-receive-support-from-spanish-government-fund

Spain's state holding company Sociedad Estatal de Participaciones Industriales (SEPI) has approved E...

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