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European funds do not reach the automotive industry in Burgos

The auxiliary automotive industry, research centers and the University have had little direct participation in the first allocation of funds from the Strategic Project for the Recovery and Economic Transformation (PERTE) of the Electric and Connected Vehicle (VEC), one of the vessels insignia of European Next Generation funds. They are 2.2 million euros captured by Burgos in loans and subsidies of a total of 793 million granted to the automotive industry in Spain, most of which will be used to finance the tractor projects of the first car manufacturers.

Only two local companies (Benteler and Grupo Antolin) appear on the first fund allocation list approved in January by the Ministry of Industry, Commerce and Tourism. The reduced presence confirms the difficulty of small and medium-sized local companies to participate -individually or cooperatively- in the most important European industrial plan to face the new model of sustainable mobility and the end of fossil fuels in the automotive sector, set in the horizon of 2035.

The most ambitious local project of the PERTE by financed budget is the one promoted from Benteler. They are 4.6 million euros, for which the Villalonquéjar industry receives a loan of 465,551 euros and a grant of 1.1 million. The same company has approved another project of 17,325 euros and subsidized with 8,662.

These investments, they clarify from this multinational, are part of projects of the first manufacturers for which they work, which have not been detailed because they are subject to confidentiality protocols. However, the efforts of PERTE are focused on industrial developments focused on the decarbonisation of the car park and the commitment to connectivity and sustainable mobility.

The needs (and confidentiality) of the leading manufacturers also meet the projects of Grupo Antolin Ingeniería, which has five projects in this first call that have a total budget of 1.9 million euros. The Burgos multinational receives 185,880 euros in loans and 466,382 euros in subsidies, according to the resolution approved by the Ministry.
In Castilla y León as a whole, actions worth 41.5 million have been mobilized and approved. Valladolid, with a financed budget of 29.5 million, is the province that captures the most money in the first PERTE call, mainly due to the activity of Renault, a leading company that promotes more than 25.6 million in the region alone.

After Valladolid, there is Palencia and the Benteler MPPU project, at the Venta de Baños plant, with a budget of 5.3 million euros.

(The complete information, in the printed edition or here)

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