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The Mayor of Molina de Segura achieves a proposal for an agreement to solve the current difficult economic situation of the company SERCOMOSA (31/03/2017)

The Mayor of Molina de Segura and President of the service company SERCOMOSA, Esther Clavero Mira, informed at a press conference, Friday, March 31, about the possible agreement that will put an end to the current difficult economic situation through which SERCOMOSA .

"Today for me is a very important and special day, especially because we have worked hard to present a possible agreement that will end the uncertainty that the company has been experiencing for many years. Talk about the future and tranquility for citizens and workers, "said Esther Clavero.

"A year ago I was elected Mayor of Molina de Segura, and a year is the time that I marked to save the serious situation that the company was going through.When we were able to know exactly the existing situation, we find an insolvent Sercomosa , About to break, with an unsustainable economic situation. "

"At that time we set ourselves three main objectives: to guarantee all jobs (from Sercomosa depend 364 families), ensure the continuity of the company and ensure the provision of public services in the best conditions.These goals were clear, And we were clear because the workers and the people of Molina do not deserve to pay the mistakes that in the past could have been committed, nor to be in continuous uncertainty after years of negotiations that had surprisingly gone nowhere, "explained the Mayor.

When in June 2016 she was appointed President of Sercomosa, according to Esther Clavero, "I found myself: with a debt of 15.3 million euros recognized by court judgment (which included, for example, 0.5 million euros in invoices Of technical assistance not provided, 0.5 million for a CEO that was not, in addition to many interest accrued for having failed to pay the famous FEE, a contract that obliged to pay to Acciona a percentage on the turnover of Sercomosa that was approximately To about 1,700,000 euros annually in exchange for nothing, and also we find that the courts ruled that Sercomosa was obliged to pay that amount until the end of its days, and a company in losses despite charging one of the tariffs Water and garbage of the highest in the Region and Spain, despite having the business insured through the City. "

"Given this situation we had two alternatives: to do nothing and let the time pass and the company to end up in the courts at the expense of a bankruptcy administrator to opt for an ERE or even to close the company, or get to work to try To solve this situation so dangerous for the services that are provided and for the almost 400 families who depended directly on the decision we made, "says Esther Clavero.

The AGREEMENT that is intended to achieve is basically the following:

On the one hand Sercomosa owes Acciona 15,300,000 euros, recognized by a court ruling.

You get a QUITA of more than a third.

This means saving almost 6 million euros, leaving the final debt at 9.7 million euros. "That amount can be paid in 20 years at a fixed interest rate of 2.25%, compared to the 4% that Acciona usually works And the City Council with Sercomosa.This means nothing more than interests, a saving of more than 1 million euros.As for the contract that forced to pay Acciona almost 1,700,000 euros annually for nothing, with this new agreement, Acciona Would waive approximately one-third of that amount, but not for nothing, but against a service charter that Acciona will be obliged to lend to Sercomosa every year, and which it will have to accredit.This will mean significant savings for the company. Training, computer systems, feasibility studies and technical pre-projects, assistance with their own means for emergencies, and a long list of services included in an extensive service charter,

Which will regulate this relationship.

This agreement is not only an economic agreement, but also establishes a series of important issues for the future of the company.

For example, the City Council will propose the management of the company, which will be chosen from professionals with experience in the public sector, trying to be with the maximum consensus of the Board of Directors.

In addition, from now on, the conflicts that occur between the parties will be resolved in the courts of Murcia and not in the Arbitral Court of Madrid, where Molina de Segura is a real unknown and Acciona a great acquaintance.

And finally something fundamental: peace is reached with the partner Acciona, who, after years of conflict, will bring peace of mind to the workers, their families and the Town Hall, and, therefore, the Molinians.

"This is by far the most favorable agreement that has been reached in these years of dispute, years in which to get the sun every day, we had to pay Acciona almost 5,000 euros a day, accumulating an unsustainable debt of 15.3 million Of euros, "says the Mayor.

"Now, and this should be clear, if this agreement is not reached, I also have the obligation to tell the truth: Sercomosa in the current situation is economically unfeasible, which means that we would be legally required to apply for bankruptcy proceedings before the court, With which this entails, that the insolvency administration is the one that tries to obtain the economic viability of the company adopting the measures that it considers opportune, or, if not, to liquidate it. His hands, and we are in the background. "

"So here we are: agreement or contest, and although it seems that the proposal already has enough votes for approval in the Municipal Plenary, before submitting this decision to the Plenary, I have listened to the workers in an assembly that Took place last Wednesday at the Las Balsas Center, but to date none of them have shown their disagreement with this proposed agreement. "

"This is the agreement, there is nothing else, neither behind nor in front. My goals have always been and are, so that nobody has any doubts, save all jobs, offer peace of mind and Sercomosa is a referent. Have made important decisions for the company, with light and stenographers and with the maximum consensus of all stakeholders.

Source: Ayuntamiento de Molina de Segura

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