Promecal Slu Communication Group, the conglomerate of media of the controversial builder Antonio Miguel Méndez Pozo, one of the best known entrepreneurs in Burgos, has declared preoccancing of creditors, the step prior to the presentation of the contest (the old suspension of payments) before the Commercial Court 1 of the Burgos capital.
The Group communicated the opening of negotiations with its creditors on December 16 and last February 6, an expert in restructuring of the Grant Thornton firm was appointed, as collected by the Bankruptcy Advertising System of the Ministry of Justice.
This Thursday, Promecal personnel delegates sent a note to the workforce in which they point out that the company’s manager, Javier Santamaría, has transferred them “that the issue is exclusively financial” and that the pre -conclusion “can cause at least concern “, But it is not a bankruptcy contest” not a suspension of payments. ”
The management has exposed to the representatives of the workforce that the preconcursion does not affect the workers, “neither the suppliers, nor the clients”, nor will it imply “no restructuring in the template (neither ere nor ERTE).” It is not a matter “that should worry,” says the note.
Promecal has declined to comment on this matter. The company, administered by the businessman’s son, Gregorio Méndez, is the head of the media conglomerate that was acquiring with the years Méndez Pozo.
This entrepreneurial octogenarian, born in Jaca (Huesca) in 1944, is known in Burgos as “The Chief” for having been linked for years to many of the city’s urban projects. Among them, the controversial boulevard of the popular Gamonal neighborhood, which was finally paralyzed ten years ago after neighborhood protests; He has also received millionaire public awards, such as the Burgos University Hospital.
He currently presides over the Burgos Chamber of Commerce and the Council of Chambers of Commerce of Castilla y León. Méndez Pozo was the first builder convicted of political corruption in Spain, in 1994, for the so -called ‘Construction case’, for irregular licenses in the city. He was sentenced to three years and seven months in prison. He was only in jail nine months before leaving in third grade.
With Diario de Burgos as a more emblematic medium, its Promecal conglomerate is the main communication group in Castilla y León.
In the press he edits and participates in local and regional newspapers in Castilla y León (Diario de Burgos, Diario de Ávila, the Palencia newspaper, Valladolid’s day, the advance of Segovia, the day of Segovia and the day of Soria), in Castilla-La Mancha (the stands) and in La Rioja (the day of the Rioja). It also has the Autonomic, Ical Noticias news agency.
50% with Ulibarri
In 2009, the Junta de Castilla y León awarded public radio and television of that autonomous community to a society that Méndez Pozo shares 50% with another controversial builder, José Luis Ulibarri, which was convicted in the Gürtel case and with several causes of Corruption related to the PP. At the end of last year, a labor conflict with its workforce due to the lack of renewal of the agreement for its more than 300 workers resulted in a strike in the Spanish and Leon public entity.
A recent analysis by Eldiario.es on the greatest public aid granted in Spain in 2023 reflected that private televisions linked to the Promecal Group are the most subsidized in the country. In the list of more subsidized companies in the country published last year by the Ministry of Finance, Castilla y León Televisión highlighted, with 21.4 million euros, and Navarra Televisión, produced by a promecal subsidiary, received another 1.5 million.
By 2024, the subsidies of the Board to Radio Televisión de Castilla y León were from 21.3 million. The group also has local televisions in all Castilian and Leonese capitals and in La Rioja (8 and 7). The media of Ulibarri and Méndez Pozo monopolize a very important part of the institutional advertising of the Board: in 2019, they received 44% of the total.
The latest promecal accounts available in the Mercantile Registry, accessible through Insight View, date from 2022, when the group billed 15 million and declared a positive result of just over 200,000 euros. Debts with credit entities reached 15.8 million.
The accounts had providades of the auditor, EY, for the assessment of their participation in two subsidiaries whose value had not provided despite being obliged to it. The accounts collect a negative maneuvering fund in almost one million, but they were formulated under the “starting company in operation” because Promecal had guaranteed its liquidity through its unique shareholder, Gesinmereg SL.
In the management report, Promecal warned of the “gradual deterioration of the macroeconomic situation” by the Ukraine War. “In this situation, however, it is when the social mission of the Promecal Communication Group makes more sense. The serious and rigorous information acquires a more relevant role. ”
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