Categories: Business

“The Basque government will approve of this”

Lehendakari’s statements come after Talgo’s board of directors decided to enter into negotiations with Sidenor to review a “possible transaction.”

Lehendakari of the Basque government, Imanol Pradalesexpressed on Tuesday its confidence that Talgo and industrial group Sidenor will reach an agreement so that the train manufacturer has “stability and future“He thus added that the Basque government “will facilitate the conclusion” of this pact.

Pradales said they want to accompany the operation so that Talgo has an “exit” as it is a “strategic company in the railway sector.” The announcements come a day after Talgo’s board decided to open talks with Sidenor to explore a “possible transaction” after the Basque industrial group informed the railway maker last week of its intention to take a stake in it.

Lehendakari made these statements during his speech at the Metafuturo forum organized by Atresmedia in the Ateneo de Madrid, where he highlighted the “deserved career” of Sidenor President José Antonio Hainaga.

Recalling that Talgo has hundreds of workers in Euskadi, as well as an important network of Basque suppliers and more than 4 billion in “sales”, Pradales indicated that the Basque government is “interested in facilitating the creation of this industrial company that has a future industrial plan” and stated that they are also “interested in having an authorized industrial partner, an industrial entrepreneur who provides guarantees.”

Likewise, the Lehendakari demanded more weight for Euskadi in Europe. And to achieve this goal, according to Pradales, it is important to promote Atlantic macroregion.

Regarding the possibility that taxes in the financial and energy sectorsLehendakari criticized that “they are not the most appropriate way to stimulate industrial development of weaving in the country.”

Regarding Madrid President Isabel Díaz Ayuso’s refusal to meet with Chief Executive Pedro Sánchez at the Moncloa Palace, the Lehendakari newspaper noted that “when someone has a disagreement, it is better to talk about it face to face.” “.

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