July 22, 2020 / 8:34 AM / 20 days ago

Spain's Industry Minister says there is 'hope' about Nissan Barcelona closure

FILE PHOTO: The logo of Nissan is seen through a fence at Nissan factory at Zona Franca in Barcelona, Spain, May 26, 2020. REUTERS/Albert Gea/File Photo

MADRID (Reuters) - Spain’s Industry minister Reyes Maroto said on Wednesday that the government was making progress in convincing Nissan (7201.T) to reconsider closing its Barcelona plant while looking for another investor.

“We’re gradually getting Nissan to realize that it’s very expensive to close that plant .. It’s always best to make way for a new investor, which we’re working on ... There is always hope,” she said during an event organised by Europa Press news agency.

Nissan said on Tuesday that it is willing to postpone the closure of its Barcelona plant until June 2021 and talk about “everything” with unions, but insisted it sees no alternative.

Reporting by Emma Pinedo, Editing by Inti Landauro

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