The Productive Industrial Investment Support Fund (FAIIP), managed by SEPIDES, has approved financing for a new industrial project worth up to €120 million in Cubillos del Sil, in the El Bierzo region (León).

Thanks to this financing, TVITEC FLOAT GLASS, S.L. will promote the construction of the group’s first float glass furnace in El Bierzo, a strategic project that will strengthen the company’s industrial and technological capacity in the glass sector.

The initiative will also have a significant economic and social impact on the region. The company expects to create approximately 250 direct jobs and up to 1,000 indirect jobs during the construction, commissioning, operation, and the development of auxiliary activities linked to the project.

With this initiative, the FAIIP continues to support high-impact industrial projects that help strengthen the productive fabric, boost investment, and generate employment in the region

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