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The financial bankruptcy of Sniace has left behind a trail of 141.93 million euros of debt. An amount that is made up of the more than 300 creditors to whom the bankruptcy administration has recognized defaults. A long cast that includes everything from supervisors to consultants, through brokers and temporary employment agencies (ETT).
One of the public bodies to which Sniace has left pending payments is the National Securities Market Commission (CNMV). The bankruptcy documentation to which Invertia has had access recognizes debts with the institution chaired by Sebastián Albella for 10,201 euros. This debt is imputed against the estate.
The amount is very close to that recognized by the State Lawyer: 10,500 euros. In the chapter on public administration there are also several town halls and neighborhood councils. Among these entities, the one with the largest recognized debt is Torrelavega. 839,248 euros are owed to the municipal coffers of the town where the group's historic factory is located.
workers
Within this same chapter, at the state level, a debt of 4.89 million euros with the Tax Agency stands out. The General Treasury of the Social Security is owed 1.39 million euros, the Social Guarantee Fund (Fogasa) is recognized 2.09 million euros and the State Public Employment Service (SEPE) is attributed pending charges for 33,174 euros.
In the chapter related to employment, the list compiled by the bankruptcy administrators also identifies a debt of 883.3 euros with one of the most important ETTs on a global scale: Randstad. In debts to the company's workforce, the documentation to which this portal has had access indicates debts of 1.17 million euros.
bags
Despite the fact that Sniace was excluded from trading on the stock market on July 13, the company also has debts with the governing companies of the Spanish markets. Although the request for exclusion is a typical movement in companies facing liquidation, the trash did not arrive in time to save the payment of all the respective fees as listed.
The bankruptcy administration recognizes debts of 9,075 euros to the Governing Body of the Valencia Stock Exchange, 8,808.82 euros to the Madrid Stock Exchange and another 7,260 euros to the Bilbao Stock Exchange. This is not the case with Barcelona. In total, the places operated by BME are owed 25,143.82 euros.
From its relationship with the stock market, the pulp and energy group accumulates a debt of 1.03 million euros with the broker CM Capital Markets. In addition, pending payments of 6,983.88 and 961,138.99 euros, respectively, are recognized with the financial consultants Intervalor Consulting Group and Toro Finance.
Communication
Three specialized communication consultants also appear in the list of creditors. The largest amount is owed to Dédalo Comunicación, which has recognized 26,320 euros. It is the agency that was in charge, among other tasks, of distributing the information related to one of the last capital increases carried out by the paper company.
Eurocofin also appears in this group, to which 21,780 euros are owed. The list is completed by F24 Communication Services, specialized in tools for critical communications and crisis management. In this case, the amount claimed from the group is 21,741.3 euros.
Listed
Among the suppliers to which Sniace recognizes debts, there are several listed companies. The debts with various companies of the Prosegur group amount to 1,510.66 euros. The technology company Indra is owed 5,206.81 euros through its subsidiary Tecnocom, the company whose control was gained through a takeover bid in 2017.
Also directly related to its activity is the debt contracted by Sniace with the Cantabrian Hydrographic Confederation. The delays in the payment of rights for the use of water as well as certain environmental taxes reach an outstanding debt of 9.65 million euros. Excluding banking, this is one of the largest individual items recognized by the bankruptcy administrator.
Shareholders
Among the creditors who await the liquidation of the company to compensate as far as possible what are losses right now, the historical former president of the company, Blas Mezquita, also appears. The same one who left the baton of the company to Gema Díaz Real in January 2019, appears as the holder of a subordinated debt of 75,428.57 euros plus another against the mass of 98,076.97 euros.
In the cast, the two reference shareholders of the company also appear, who religiously assumed their part -and more than that- in the successive capital increases held by the firm, they also await the collection of some debts.
On the one hand, TSK Electronica y Electricidad, the head firm of businessman Sabino García Vallina, receives recognition of debts against the estate for just over 9 million euros. In addition, another 14.98 million among other ordinary and subordinated debts. Meanwhile, Félix Revuelta, accumulates an amount that amounts to 34,615 euros with the qualification of subordinate, while his company Kiluva has outstanding debts in his favor for 1.1 million.
