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.
Sources:
18-01-2007Público