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HomeLatest NewsGaramendi calls for "respect" for Ferrovial's decision

Garamendi calls for “respect” for Ferrovial’s decision

Date: November 29, 2023 Time: 02:26:15

The president of the CEOE, Antonio Garamendi, has called for respect for Ferrovial’s decision to move its headquarters to the Netherlands and recalled that the Spanish construction group remains “within the European Union and is not going to a tax haven”. . He also recalled that the company has “90% of its business outside of Spain” and that its intention “to win over investors on the American stock market, where they currently have their basic expansion: in the United States and Canada”. Some demonstrations that he has made before participating in the Forinvest conference, which takes place at the Casa Mediterráneo in Alicante.

Specifically, the president of the CEOE recalled that the company in Spain alone generates more than 5,500 jobs in Spain and pays 280 million euros in taxes. For Garamendi “it is important not to demonize Spanish companies, and businessmen and women in this country because they generate wealth.” Garamendi has lamented, in line with the above, that “many times an anti-business climate is generated that I believe is truly disastrous for the country.”

In his opinion, for “the country to function, trust is very important” since businessmen create wealth, employment and pay taxes. For this reason, he believes that it is “a wrong message” that “fingers have been pointed at them lately.”

In any case, the president of the CEOE has insisted that this is an “important” moment in which “confidence, legal certainty and regulatory stability” must be transmitted, and has asked “that these permanent attacks end, please to the business world, which is precisely what creates jobs and pays taxes.”

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Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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