Minister of Industry Manuel Ruiz Soria naturally knew that his request was somewhat excessive, but he also understood that this was the best time to acquire these enterprises.
Despite this acquisition order requiring 5.2 billion Pesseta in funds, if it had been before the economic crisis, even tripling the acquisition funds might not have been enough to acquire these enterprises.
The existing equipment, technology, and assets of these enterprises alone far exceed 5.2 billion Pesseta, which means that as long as the Spanish Government can acquire these enterprises, it would undoubtedly be a profitable deal.
Moreover, these enterprises could provide crucial support to various sectors in Spain. If this acquisition order could be completed, according to the estimates of the Ministry of Industry, Spain's future industrial development would be significantly boosted, with better prospects of becoming a truly industrialized nation.
