ANEFA takes Ferrovial to court

The Spanish aggregates association 4659 ANEFA has announced that it is taking 4656 Ferrovial to the trade court over late payment of debts to its member companies. ANEFA has said that Ferrovial takes longer than 120 days legally allowed for payment and said that the company is “systematically breaching the law and forcing companies to accept its payment conditions instead”.

Ferrovial has denied that the matter has been taken to court and has also said that it has not breached either Spanish or European law on payment terms.