Overview
- On November 12, president José Antonio Jainaga and two executives testified as investigated persons before Judge Francisco de Jorge in a probe into possible contraband and complicity in crimes against humanity.
- They argued the material sold to an Israeli customer was non‑alloy SAE 1040 cold‑finished steel not covered by arms or dual‑use controls under Regulation 821/2021.
- A joint Customs Surveillance and National Police report dated September 10 concluded the last shipment held at the Port of Barcelona was not subject to special control.
- Sidenor said it halted deliveries and suspended commercial ties with Israel in July, before Spain’s embargo on September 23, and said the referenced sales represent less than 0.2% of annual revenue.
- The company plans to submit an independent expert report to document order traceability, while a December 12 Talgo shareholder vote on Sidenor’s planned 29.7% stake remains scheduled.