The Board of Directors of Sunsundegui announced this Tuesday in the Extraordinary General Meeting of Shareholders of Alsasua that this Wednesday he will present to the court the voluntary bankruptcy application without liquidation and this continues with the search for an industrial investor to continue the activity of the factory.
“This measure responds to the need to restructure the financial situation of the company after a period of two months from the start of the period of negotiations with creditors during which active work was carried out, by the Council of Administration and by the management team of the company itself, looking for an industrial investor who, to date, did not result in any firm offer“, Sunsundegui said in a statement.
Despite this circumstance, the company indicated that “the board of directors and management of the company will continue their efforts to find a strategic partner who ensures the continuity of the company’s activity maintain as many jobs as possible.
The company expressed its “sincere gratitude to Sodena, the public investment company of the Government of Navarra, for the support provided during this period to identify and attract potential investment partners who can support the Sunsundegui Project“.
