EMCC European Monitoring Centre on Change



Geographic Location

Country: Portugal
Region: Norte; Continente
Location of affected unit(s): Ponte de Lima


Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
15 - Manufacture of leather and related products
Number Employed: 352

Employment Effects

Announcement Date: 28-02-2003
Planned Job Reductions min: 352
Planned Job Reductions max: 352
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-10-2002
Foreseen End Date: 01-04-2003

Additional Information

This german company has started to reduce his number of workers in October 2002. The closure will take place in April 2003. The company argues that there are no orders. About 97% of employees are women older than 40 years old.