Internal restructuring
Continente; Centro (P); Médio Tejo
Location of affected unit(s)
Torres Novas
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.41 - Manufacture Of Ceramic Household And Ornamental Articles

106 jobs
Number of planned job losses
Job loss
Announcement Date
20 October 2023
Employment effect (start)
13 October 2023
Foreseen end date
31 December 2023


In December 2022, the CGM Ceramics initiated a special revitalisation plan (Processo Especial de Revitalização - PER). In June 2023 the company declared insolvency. A representative of the union of workers states that the management board led the company into a situation of debt and insolvency, affecting over 100 workers, most of whom are women.

On 13 October 2023, CGM Cerâmicas officially communicated a collective dismissal process for 106 workers.

According to the union representative, workers did not receive any compensations. Moreover, the union representative asserts that the company appears financially incapable of providing the due compensations for the affected workers, many of whom have worked for the company for at least 30 years.



Eurofound (2023), CGM Cerâmicas, Internal restructuring in Portugal, factsheet number 200603, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200603.