The Navarrese company Sunsundeguiin which 300 employees work publicly announced that he had requested opening of a negotiation period with his creditors And investors with the aim of achieving “a agreement which allows you to achieve your growth objectives.
As we recall, last April, the Government of Navarre approved a draft foral law authorizing the Navarre Development Company (SODENA) to the granting of a loan of 6 million euros.
As they said, it is a way of negotiating their debt with creditors And investors in order to reach “an agreement that allows them to achieve their growth objectives.” This negotiation, according to its press release, aims to achieve this pact before the end of 2024 and thus avoid entering bankruptcy situation.
THE alsasuarra company has been experiencing problems for three years, during the pandemic, but the situation became critical this year, when the Government of Navarre had to come to his rescue due to lack of liquidity.
The last setback suffered by the “busera” was at the beginning of July, just before San Fermín, when it was learned that La Swedish multinational Volvo Buses decided to turn around agreement with Sunsundegui make in Alsasua two of his latest generation models.
The opening of this negotiation period means, according to the bankruptcy law, the entry in pre-competition situation. In addition, with the latest adaptations of the law, to request pre-bankruptcy, it is necessary to take precisely the step that Sunsundegui took, which is communicate the opening of negotiations.
The Minister of IndustryMikel Irujowill appear this Tuesday in Parliament at the request of the UPN and the PP to discuss the situation the company is going through and the aforementioned contract with Volvo.
