EMCC European Monitoring Centre on Change

A. Santos

Company/Organisation:
A. Santos

Geographic Location

Country: Portugal
Region: Oeste; Centro (P); Continente
Location of affected unit(s): Caldas da Rainha

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
23.44 - Manufacture of other technical ceramic products
Number Employed: 140

Employment Effects

Announcement Date: 18-01-2007
Planned Job Reductions min: 140
Planned Job Reductions max: 140
Type of Restructuring: Bankruptcy/Closure
Other Job Reduction Measures: 140

Additional Information

A. Santos, a pottery factory located in Caldas da Rainha, closed on 15 January 2007. This closure affects 135 workers, with an average age of 40 years old. As a result of the decision, the contracts of these workers have been suspended. The manager believes that it will be possible to re-opened the factory and to re-admit all the workers if the company's financial situation is sorted out. This decision will be made by the creditor Assembly at the end of March.