Madrid (EFE).- Ferrovial has once again stepped forward this Friday to try to appease the commotion that has been generated by its decision to move its headquarters to the Netherlands and, in the words of its CEO, Ignacio Madridejos, has insisted that “no one doubts our continuity in Spain”.
“The plan is to maintain employment, activity, investments, and we will continue to contribute fiscally, as we have always done,” he defended in a video released by the company.
In it, Madridejos explains that the company wants to “continue growing” and that this decision is part of that objective: “We are very excited about this new stage that we hope will also excite many investors.”
“We propose a corporate reorganization in accordance with the profile of the company -he adds-. Today the international activity represents more than 80% and the valuation of the company is located at 80% in our assets in North America”.
“There is our main market, but our present and our future also continue in Spain and in Europe”, adds the manager, who insists that the company will continue to be listed in Madrid, regardless of whether it also aspires to do so in Amsterdam and whether plan to file the application to be able to do so in the US.
Since Tuesday afternoon, after the stock markets closed, the company announced its intention to move its headquarters to the Netherlands, a country with a triple A credit rating that paves the way for its goal of having access to Wall Street, a great political uproar has broken out.
While the government is talking about a lack of loyalty to Spain, from the right this decision is linked to the scourge by the left of the business world.
Garamendi (CEOE) rejects the government’s “attacks on businessmen”
The leader of the CEOE, Antonio Garamendi, has reiterated this Friday that the “attacks on government businessmen” are causing “an absurd and dangerous situation”, in reference to the various interventions by members of the Executive after the announcement of the change of venue of Ferrovial.
“The government’s reaction seems incredible to me,” said the president of the employers’ association this Friday in an interview on Onda Cero, for whom this reaction “generates a message in Spain and outside of insecurity.”
“These messages do not favor investor confidence in our companies and our country”, asserted Garamendi, who has defended that businessmen are “the solution, not the problem”, and that the business world must be “between cotton balls”.
For the CEOE leader, the solution is to turn Spain into an “attractive country”, for which he asks to “encourage” companies to “feel comfortable” and for the country to “get triple A” to have better conditions of financing, one of the reasons that Ferrovial has alleged to justify his departure.
Escrivá describes his criticism of Ferrovial’s departure as “reflection”
The Minister of Inclusion, Social Security and Migrations of the Government of Spain, José Luis Escrivá, assured this Friday that his statements on the departure of the company Ferrovial from Spain, which he attributed to a matter of “greed”, were “a reflection on the topic”.
This is how the minister responded to the media minutes before the informative breakfast organized by the Association for the Progress of Management and the Valladolid City Council.
Escrivá has indicated that he made “a reflection on a subject” and has contrasted the announcement of the transfer of Ferrovial to the Netherlands with the good investment figures of companies in Spain, which is “at the highest levels of foreign direct investment in history, with 2.7% of GDP”.
