The Commercial Court declares Sonkyo in bankruptcy

The Mercantile Court No. 1 of Santander has declared Sonkyo involuntary bankruptcy proceedings, since the company was “incapacitated” to meet its obligations under normal market conditions, and has appointed as economics administrator Juan Carlos Alba Cernadas as insolvency administrator.

This is the ruling of María del Mar Hernández, to whom Europa Press has had access. Sonkyo requested the declaration of insolvency alleging that it is in insolvency.

In the car, it is noted that the list of creditors shows that at the time of the presentation of the request for bankruptcy part of the company’s liability was overdue and had not been attended- BKHQ. “The foregoing, together with the circumstances stated in the report on the progress of its activity, allows us to conclude that it is unable to fulfill its obligations under normal market conditions,” the car adds.

The contest is voluntary because it has been requested by the debtor himself, and will be processed by the ordinary procedure. Sonkyo will retain the faculties of administration and disposition over its patrimony, being subjected the exercise of these to the intervention of the insolvency administrator, by means of its authorization or conformity.

Up to the acceptance of the insolvency administrator, may perform the acts of his turn or traffic that are essential for the continuation of their activity, provided they meet the normal market conditions.

The bankruptcy administrator will make an individualized communication to all the creditors whose identity appears in the bankruptcy, to the AEAT and the TGSS, as well as to the representation of the workers, making them aware of their right to appear in the proceedings as a party. The creditors must inform the insolvency administration about the existence of their credits within a month.

The Sonkyo Group approved last June an Employment Regulation File (ERE) that affects 70 workers, of the total of 150 that the group has (90 of them in Cantabria, at its headquarters in the Raos polygon).

A suspension file limited to one year, and to be executed in phases, which affects all the divisions of the group and which is justified in the economic problems arising from the “default” by the financial partners of the financing commitments for their renewable energy division, Sonkyo Energy, so that the debt generated has affected all the branches of the group.

These problems led Sonkyo to request the Government of Cantabria to cancel the license granted, within the Wind Plan, to the company Cantabria Generación SL, formed by Caixanova and Banco Gallego.

The audit to which Sonkyo Energy was submitted at the request of the banking partners with which it maintains discrepancies regarding the fulfillment of the financial commitments, warned that if the firm did not receive “immediately” funds that would allow it to obtain liquidity, it would have to apply for bankruptcy, as it has been.

Wind turbines all over the world

Sonkyo Energy distributes and commercializes the Windspot wind power small wind turbine worldwide, with the patented variable pitch system, which allows it to adapt to variations in wind power, increasing its performance.

In the last three years, Sonkyo Energy has managed to establish commercial distributions in more than 25 countries and so far has installed more than 400 wind turbines around the world, manufactured at its plant in the Raos (Camargo) industrial estate.

The company maintains research collaborations with some of the most prestigious Universities in the world, such as Penghu in Taiwan, John Brown in the United States, Masdar Institute in UEA, or the University of Cantabria.

Within their international career, they work on projects with multinationals such as LG, Tatung or Ericson.

On the other hand, they had accepted the plan to relocate workers from Papelera del Besaya and develop cooperation projects based on renewable energies in Turkana (Kenya, Africa).

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Cash Advance Loans Would Be The Helpers

Life is so calming for you; everything is going in the right direction; no worries to consider

You are paying your lease on time, no tension regarding the children’s fees, nothing heading wrong with your vehicle. yet suddenly you listen to an undesirable news that your uncle offers caught up with a heart attack, he’s no cash in his financial institution and he urgently needs cash for his disease as well as the expenditures of their routine life. Well, it really is such terrible news and then you’re thinking about how to aid your own uncle who is dear to you a lot.

There are some lenders that work along with bad credit and don’t need any type of collateral to help protect the loan. These types of financial loans are often referred to as payday loans, personal advance online, and personal loans- Benefits of personal loans. If you need money in a hurry, this is the kind of loan you want to look for.

Good as well as a movie. Take your dad to a date. Treat him in order to nice dinner at their favorite restaurant. After which, provide him with the movies watching the latest flicks. Surely this could be a night when you can possess a relaxed conversation with your father and help him relieve his mind of concerns and stress.

Do not believe that a bad credit scores willpower you out from the industry for easy

Loan companies who are dedicated to bad credit score personal loans are also in the business associated with assisting you to stay solvent. It will not help them to provide you money that you cannot repay. Because of your own a bad credit ranking score as well as your deficiency of security, you will be a larger threat to the loaning organization than someone with possibly security or a greater credit score rating. This does not energy you out of the loan business, but it will mean you will be investing a greater attention amount.

Now that your personal bankruptcy is settled, you find yourself requiring a personal loans loan, specifically, maybe you are looking for an unsecured personal loan. Short-term loans are not secured against your house, car or other useful assets. You are wondering when you can get a loan with your credit report reflecting your recent personal bankruptcy history.

Scuba diving. Really amazing how the world appears so peaceful underwater. With schools of fish plus corals, scuba diving makes for a perfect escape for your dad. In case he hasn’t tried diving yet, now is the time to try this. Who knows but he might find a new hobby, which he is able to use as a way to relax each weekend or so.

This is completely an online service scheme. Everything indicates that you don’t need to check out anywhere neither to have the money nor for the repay the particular loan money. Once you proceed through this procedure, you get the money in under 24 hours.

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Do not Scuttle tax on financial transactions

The discussion on the adoption of the tax on financial transactions (FTT) has been removed from the agenda of the last meeting of Finance Ministers of the European Union (ECOFIN) on 22 May, at the request of the La France.

During the presidential campaign, Emmanuel Macron has refused to label former banker and finance candidate. Barely elected, it nevertheless provides another victory to the big banks, headwind against a measure whose objective is to fight against speculation in the heart of their business.

We deeply regret the obstruction that scuttled the result of over three years of negotiations, as one of the stated objectives of Macron is to strengthen European cooperation.

The agreement was in sight for the adoption of the draft Directive on the FTT, negotiated within the framework of enhanced cooperation between ten European countries, including Germany, Italy and Spain. This project is supported by most NGOs and a majority of European citizens, as shown by the investigations (1).

Besides the fight against speculation, this tax should help finance the energy transition. Former President Hollande had proposed that the revenue from this tax, estimated at about 35 billion euros, is partly used to replenish the Green Fund to help developing countries fight against global warming they are the main victims.

To take advantage of Brexit, the financial centers of Paris and Frankfurt looking to take market share in the British City. One of their weapons in the battle to take advantage of Brexit is to organize a real fiscal dumping, for the benefit of large banks. If Emmanuel Macron did fail the proposed FTT, clearly fall the mask of a president to serve the financial industry, not the public interest.

With the majority of European citizens in favor of the FTT, we refuse to be sacrificed on the altar of finance, on the one hand, the fight against speculation, the source of the financial crisis, and secondly, the fight against climate change in the countries of Sud.Nous ask that France adopts the agreement prepared by Austria at the next Ecofin EU summit in June.

(1) According to a survey commissioned by Oxfam and conducted by Research Now in October 2016 with a panel of citizens in Europe, 73% of them are in favor of the rapid adoption of the FTT. 86% believe that the financial sector should bear the costs of the financial crisis.

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Forex Megadroid – Exactly What Should Traders Consider Purchasing This Forex Robot?

Forex trading is the Foreign Currency Exchange Marketplace and it is primarily selling and buying foreign currencies in order to make a profit on the drop or rise of the foreign currencies one against another. The marketplace operates five days per week, 24 hours a day and it is estimated it generates $3. 8 trillion every day from the trades. The very best forex approach for any individual and especially for the beginners is definitely by the forex robots which will do all the work for you once you manage to understand the way they will work.

You can still be investing on the forex and making real money even when the market is usually terrible. With stocks, you are able to only trade only when the marketplace is healthy and in an uptrend. For the reason that in how to start a currency exchange business trading, you will be trading the market in both methods by either buying the marketplace or selling it. You are able to still be profiting like you generally do even when the market is down trend.

If you don’t know already, the Forex Robot is a software program which is alleged to automatically make productive trades for you in the money exchange business requirements. You buy the program, set it up on your home computer, hit the MOVE button and watch the money move in. Or so they say.

What makes the particular forex arena so popular could be the leverage one can use whenever trading in this market. The majority of brokers offer a 100: one leverage. Traditionally a trader requirements 100, 000 US bucks or we say one: 1 leverage (trading cash). However, with 100: one leverage, a currency investor is only required to deposit 1/100th of the amount needed, one, 000 US dollars. A few brokers offer as much as four hundred: 1 leverage.

Forex-robots were created based on the stock trading behavior of a real survive how to become a foreign currency dealer. Experienced traders observed the potential to change manual procedure for a computerized process to generate trading easier and easier.

If you are taking a long place, you would place the stop reduction order below current market cost. For a short position, you should place a stop loss purchase above current market price. This method allows you to manage your danger and, just as the name indicates, stop your losses at a certain point.

Whenever beginning the journey directly into trading on forex, by no means debilitate yourself by getting active in numerous markets too soon. Or else, you risk becoming discouraged or overly stressed. Rather, focus on the major currency sets, which will increase your chances of achievement, and help you to feel well informed in your abilities.

Although it may not be possible to buy Xray at this time, there is an additional extremely valuable release originating from Quantum Research. In less than per week from now, Quantum Study will release an entirely new upgrade to their hugely popular Gomega Autotrader FX. This newest edition of Autotrader is named Gomega GBPJPY (Pound Yen) Autotrader.

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Currency Trading Tips For Travels

Whilst there are many strategies out there, and easy forex trading system is one that can function out for you the best. That means a thing that keeps you from throwing away your time while still making a person money. If you are still serious, then read on and you can obtain an idea of what to think about next. I will also be talking about a high-quality Forex software program that is making me constant returns every month.

Learn the ins and outs of fx trading. If you want to be successful how to become a foreign currency dealer, it is important that you also understand the basics as well as the tips and tricks from the trade. Make sure you understand the marketplace thoroughly as this mostly impacts your being able to make sensible decisions later in residing trading.

Within the stock market – if you open up an account with at least $25, 000. 00 – the particular Broker will allow you to purchase fifty dollars, 000. 00 worth associated with stocks. That is allowing you to Power your money on a 2: one basis (2 to 1). Not bad right?

Never ever exchange at your hotel, since many hotels also have a bad swap rate. They are in the resort business, not the money exchange business requirements. Also, try to avoid exchanging cash at the airport. The rate on the airport won’t be as good as within the city. If you do need to trade cash currency, look for a financial institution downtown in the city exactly where you’re staying. Many Oriental cities also have reputable “money changers” with small workplaces. These have the most competitive foreign currency rates.

These items have been proven and tested to work in various financial environments and foreign currency pairs. So, they will certainly give you the edge in making the very best trades.

Focus on trading one or two foreign currency pairs. It is easier to adhere how to start a currency exchange business their daily and by the hour fluctuations and set up tendencies. You will soon learn their particular range and volatility degree during the week, which will help you to definitely time your trade. Subsequent several Forex pairs are usually time-consuming and prove to become less effective than subsequent one or two pairs.

The prices on forex are usually constantly fluctuating and this ‘s the reason forex is known as a liquid marketplace as well as a cash only marketplace. There are several risks associated towards the market fluctuations and you will have to employ the best forex trading robots to avoid losing money because of your insufficient knowledge.

Look for these types of aspects in a FOREX autopilot software review to give you information on what the product offers so that you have better insights on which particular system to consider.

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