Company/Organisation:
Sampaio, Ferreira & Companhia Lda
Geographic Location
Country:
Portugal
Region:
Norte; Continente
Location of affected unit(s):
Riba de Ave - Famalicão
Company
Sector:
Manufacturing
Manufacture of textiles, apparel, leather and related products
13.2 - Weaving of textiles
Number Employed:
250
Employment Effects
Announcement Date:
26-06-2003
Planned Job Reductions min:
118
Planned Job Reductions max:
118
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-07-2003
Foreseen End Date:
01-12-2003
Additional Information
The company 'Sampaio, Ferreira & Companhia Lda' was established in 1896. It was the first modern textile company of the 'Vale do Ave'. This is a lay-off case. The company decided to restructure because of the lack of orders and the world crisis. The lay-off starts in July and will finish in December 2003.
Sources:
26-06-2003Público
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