EMCC European Monitoring Centre on Change

Vestus

Company/Organisation:
Vestus

Geographic Location

Country: Portugal
Region: Lisboa; Continente
Location of affected unit(s): Santa Marta de Corroios, Seixal (Lisboa e Vale do Tejo)

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13.9 - Manufacture of other textiles
Number Employed: 414
Group: Kansas

Employment Effects

Announcement Date: 08-06-2002
Planned Job Reductions min: 414
Planned Job Reductions max: 414
Type of Restructuring: Bankruptcy/Closure
Foreseen End Date: 01-07-2002

Additional Information

Closure accepted by the workers.