The security company Ombuds declares bankruptcy

The company of security guards Ombuds has entered into bankruptcy after failing negotiations with banks to obtain new lines of financing.

The company, controlled by the US investment fund JZI and the Cortina family, owes the June payroll and the extra pay of July to its 8,000 employees, and throughout this week has tried to negotiate, without success, an agreement with Santander, Caixabank and Credite Agricole that allowed him to pay the delays to his workers.

Employees of Ombuds are summoned this Monday in front of the Carrefour of the El Saler shopping center in Valencia, to protest the non-payment of the June payroll and the extra pay of July, although the call is prior to the declaration of insolvency, old suspension of payments.

According to the trade union Alternativa Sindical, Ombuds has a debt of more than 40 million euros with the Tax Agency; In just two years, the company has gone from obtaining profits of more than 460,000 euros to accumulate losses of 5.9 million, adds the same source.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

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