Duro Felguera enters the preconcurso of creditors after the dispute with Algeria

Duro Felguera deepens his crisis. Asturian engineering has presented this Wednesday to the commercial courts of Gijón the last recourse that it has left before entering into the competition of creditors. To this end, the company has invoked the insolvency law before the judge with the aim of “initiating a negotiation with its creditors for the approval of a plan of restructuring of the group, that allows its future viability and the preservation…

Duro Felguera presents to the Commercial Courts of Gijón the request for communication of negotiation with creditors for the approval of a restructuring plan , which will save the viability of the company, as communicated to CNMV by the Asturian industrial company on Wednesday. «Today, the company and its subsidiaries Duro Felguera Energy Storage, S.A.U., Duro Felguera Investment, S.A.U., Duro Felguera Green Tech, S.A.U., Duro Felguera Caldererí…

Duro Felguera has applied to the Commercial Courts of Gijón for the pre-concourse of creditors, with the aim of negotiating a restructuring plan that guarantees its long-term viability and preserves as many jobs as possible in the company.This has been communicated by the National Securities Market Commission (CNMV).This request for communication of negotiation with the creditors will allow Duro Felguera, suspended from trading since 25 November…

Duro Felguera has requested the preconcurso of creditors before the Courts of the Mercantile of Gijón in order to start a negotiation for the approval of a restructuring plan, which will allow its future viability and the preservation of as many jobs as possible in the company. The company was rescued by the State Society of Industrial Participations (SEPI) in 2021 thanks to an injection of 120 million euros.

There are alarms in the Sepi, in the face of the first great crisis of one of the companies rescued with public money affected by the Covid. Duro Felguera has declared himself in advance of creditors, after receiving in 2021 an aid of 120 million euros from the public rescue fund. The Asturian multinational has reported this afternoon that it has presented to the Courts of the Mercantile of Gijón "request of communication of negotiation with cre…

It seeks to start negotiating a restructuring plan that will allow it "future viability" and retain as many jobs as possible. Learn more: CNMV suspends Duro Felguera's quote