PRESTAMO

GREENALIA LOGISTICS RECEIVES A PUBLIC LOAN OF €1.5M FROM THE MINISTRY OF ECONOMY, INDUSTRY AND COMPETITIVENESS IN THE FRAMEWORK OF THE REINDUSTRIALIZATION POLICY AND INDUSTRIAL COMPETITIVENESS PROMOTION

The Ministry of Economy, Industry and Competitiveness has agreed to proceed with Greenalia Logistics S.L.U. application form and propose a positive Resolution of the Financial Support Concession for an amount of €1.5M.

This grant of financial funding for industrial investment in the framework of the public policy of reindustrialization and industrial competitiveness promotion (BOE nº 96, of April 21, 2014), was resolved through the Evaluation Committee of the General Management of Industry and SME, after evaluating the applications submitted to Financial Funding Support for the year 2017; made through the Order of April 4, 2017 by which the announcement for granting financial support to industrial investment in the framework of the public policy of reindustrialization and strengthening of industrial competitiveness in 2017 (BOE nº 84, of April 8, 2017).

The investment -with a budget of €2M- will go towards the construction of a roofed warehouse that will complement the services currently provided by the company in the outer port of Ferrol. Once this work is completed -scheduled for the end of 2020-, Greenalia will became the first company with capacity to store roofed and load from the very first line of the docks. The launch of the activity will concur with the railroad stat up within the port, turning this infrastructure project as crucial for the export and import of goods from or to Galicia.