Abengoa S A : The Governing Council of the Junta de Andalucía shows its support for Abengoa workers

Download document (pdf 60 KB) Send Print

The Governing Council of the Junta de Andalucía shows its support for Abengoa workers

June 9, 2021

• It has expressed its 'firm support' for the negotiations started with different economic actors in the search for a viability plan that guarantees, in a definitive way, 'its future possibilities'.

June 9, 2021 - The Governing Council of the Junta de Andalucía, in its session on June 8, has shown its support to Abengoa workers through a report presented by the Ministry of Employment, Training and Self-Employed Work and of Economic Transformation, Industry, Knowledge and Universities. In it, the 'firm support' is manifested for the negotiations initiated with different economic actors in the search for a viability plan that definitively guarantees 'their future possibilities'.

The Andalusian Government has expressed its confidence that the future of the company implies 'a guarantee of employment and the stability of the workforce', while it has promised to keep open all avenues of collaboration and dialogue so that the Junta de Andalucía can, 'always within the framework of its powers, collaborate in the achievement of this desired objective'.

This report assesses the trajectory of Abengoa, 'which has been part of Andalusia's economic and business history for 80 years'. Its career 'is forged over eight decades on the basis of innovation at the highest level, research and a determined commitment to the development of technological advances.' The Governing Council has asserted that 'Abengoa and its workers are a world benchmark in engineering, telecommunications and the generation of renewable energy.'

For this reason, it declared that Andalusia 'cannot lose one of the main sources of technological employment in southern Europe'. Regarding its human capital, it also highlighted the 'undeniable personalized added value in each and every one of the employees who, through their effort and dedication, have contributed to the prestige of the company's name all over the planet.'

Because of this, the Governing Council has shown its express support for the maintenance of the multinational's employment, joining the demand of Abengoa workers for the agreements reached by the company to guarantee all their jobs.

In the same way, the Andalusian Executive urges the Government of Spain to respond to the requests made by Abengoa's management so that the aid requested through the Sociedad Estatal de Participaciones Industriales (SEPI) 'contributes to the viability of the restructuring plans presented in the offers that the company has received'.

About Abengoa

Abengoa applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors. (www.abengoa.com)

Communication Department:

Marián Ariza

Tel: [phone]

E-mail: [e-mail]

Investor Relations & Capital Markets:

Gonzalo Zubiría

Tel: [phone]

E-mail: [e-mail]

And on our blog: http://www.theenergyofchange.com