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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El Gobierno aprueba la concesión de 4 M a un proyecto de Castilla-La Mancha y Galicia

The Government approves the granting of 4 M to a project of Castile-La Mancha and Galicia

14/11/2011

14 November 2011

The Commission Delegated of the Government for Economic Subjects has agreed, in his meeting of the past day 2, the granting of regional incentives to two projects of investment, one located in Castile-La Mancha and the another in Galicia, that foresee movilizar a total investment of 35.831.740 euros. The global amount of the subsidies conceded rises to 4.476.408,80 euros, that will serve to keep 877 employments, in addition to facilitating the creation of 17 new places of work.
One of the projects supposes the extension of a factory of paintings, resins and additives for coatings in the place of Marchamalo, in Guadalajara, that will suppose a global investment of 18.171.740 euros, of which 2.180.608,80 euros will proceed of regional incentives, under the condition to create 12 new places of work and keep 554 in the society and 513 in the centre/center object of the project. The another involves the extension of a factory devoted to the production of pieces of cars in Or Porriño (Pontevedra). The planned investment in this project is of 17.660.000 euros, of which 2.295.800 they will be subsidised/subsidized with regional incentives, and will suppose the maintenance of 323 employments and the creation of five new places of work.

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