Company/Organisation:
Baiona
Geographic Location
Country:
Portugal
Region:
Grande Porto; Norte; Continente
Location of affected unit(s):
Porto
Company
Sector:
Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Employment Effects
Announcement Date:
12-10-2003
Planned Job Reductions min:
200
Planned Job Reductions max:
200
Type of Restructuring:
Bankruptcy/Closure
Employment Effect Start:
01-09-2003
Foreseen End Date:
01-10-2003
Direct Dismissals:
200
Additional Information
The textile company Baiona declared bankruptcy due to severe economic difficulties. 200 workers were made redundant without being paid in September 2003.
Sources:
12-10-2003O Primeiro de Janeiro