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Duro Felguera

Fast and digitally sovereign financial restructuring with Drooms

About the case study

Duro Felguera used Drooms to manage documentary communication with creditors during a complex financial restructuring process requiring strict control, traceability, and confidentiality. This case study explores why the Spanish industrial group selected Drooms, how the platform supported a multi party, high stakes operation, and the impact on efficiency, security, and stakeholder confidence.

Granular control and full traceability

In a restructuring involving multiple invited external parties, Duro Felguera needed precise oversight of who accessed which documents and when, to avoid legal and operational insecurity. Drooms’ granular permissions and detailed audit reports directly addressed the main challenges around version control and access management typically encountered in such a process.

Operational efficiency and faster responses

Although the project was relatively short, the team saw a clear improvement in operational efficiency, reducing time spent managing access and locating specific information. This translated into faster, more precise answers to lawyers’ requests, cutting back and forth communication and strengthening trust with creditors and advisers.

European digital sovereignty as a must have

Drooms’ unique status as a 100% European platform with servers hosted fully within the EU, and subject only to European data protection regulation, was a decisive factor in the selection. For Duro Felguera, digital sovereignty in a restructuring process is non negotiable and outweighed other tools and platforms that could not match the same security level.

About Duro Felguera

Duro Felguera is an industrial engineering and construction group with more than 150 years of history, specialising in the turnkey execution of large scale projects. The company operates primarily in the energy, industrial, and oil and gas sectors, with Elena Rovira Viyella, CIO at Duro Felguera, overseeing infrastructure, communications, and information systems, including the selection and implementation of digital tools for critical business operations.

Restructuring under pressure

When Duro Felguera entered a financial restructuring process, the company faced an environment in which every document shared with creditors and advisers had potential legal implications. With multiple external parties involved, any lack of traceability around who accessed what, at what time, and under which permissions could create unacceptable legal and operational risk.

As CIO, Elena Rovira Viyella was responsible for selecting the right platform to manage the exchange of confidential information throughout the process. Having previously used both another data room (IBINS) for strategic investor searches and SharePoint for less sensitive exchanges, she and her team evaluated tools against the specific requirements of restructuring and concluded that Drooms was the best fit.

THE GOAL

Trustworthy, fully auditable restructuring
“What makes the difference is the traceability, clarity, and security that the platform provides when facing third parties in a potentially conflictual situation. Drooms gives both sides a reliable, trustworthy and sovereign environment – and in a tense process, that really does ease the pressure.”

Elena Rovira Viyella

CIO at Duro Felguera

Organising a highly controlled restructuring process

In this case, Drooms was used for a single, very specific purpose, which was centralising communication with creditors during the financial restructuring. The key challenges were clear from the outset: version control, granular permission management, and especially the ability to audit access to sensitive documentation down to each individual action.

“In a financial restructuring involving multiple external parties, a lack of precise traceability generates legal and operational insecurity. In this process, that was simply not something we could afford,” says Elena. With Drooms, the team had a platform designed to minimise those risks, ensuring that every access, download, or interaction with documents could be tracked and reported with full rigour, supported by detailed audit logs whenever procedures or disclosures were questioned.

Efficiency gains and confidence with third parties

Although the restructuring itself was relatively short and therefore difficult to quantify in exact numbers, Duro Felguera observed a significant increase in operational efficiency compared to commodity tools such as SharePoint. Elena notes that: “Operational efficiency improved significantly with Drooms. The reduction in time spent managing access, locating documents, and generating audit reports represented real savings in internal team hours and, above all, in speed of response to external requests from lawyers requiring evidence of who accessed what and when.” Time spent managing access rights, searching for the correct documentation, and compiling audit reports dropped noticeably, freeing internal resources and accelerating responses to external requests.

This was particularly important in interactions with lawyers and other advisers, who often needed fast, accurate evidence of who accessed which information and when. “When lawyers are involved, being able to respond quickly, precisely, and concisely builds trust with third parties. It reduces back and forth emails, calls, and disputes. A fast, accurate answer in a short timeframe significantly increases the confidence of external parties.” From initial evaluation and contracting through to closing, the full process lasted just over six months.

Security, sovereignty, and the role of AI

While Duro Felguera did not actively use Drooms’ AI features such as translation, redaction, or the AI assistant during this particular project, the direction of travel is clear. “In this particular case, we did not use them – the process was relatively short and straightforward,” says Elena. “That said, it is a direction we value highly. It aligns with our approach to optimisation and, importantly, it fits within our security and confidentiality requirements. The fact that the AI is embedded within a platform we consider 100% secure is a real enabler.”

Sovereignty, however, was non negotiable and ultimately decisive in the choice of platform. “Digital sovereignty it was a decisive factor,” Elena states. “For us, knowing where data resides is critical. The fact that Drooms is a European platform subject to European data protection regulation was a determining element. Sovereignty is non negotiable in processes of this nature. I would also add: even if another platforms may appear more innovative with their AI integrations, companies should ultimately care far more about security. I would rather have less optimisation and less visual impact, but 100% guaranteed security.”

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