Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Agribur, a citrus company based in Vall d'Uixó, is currently undergoing a bankruptcy process affecting its entire workforce of 433 employees.
A judicial edict dated 28 January opens a one-month period for creditors to submit claims, requiring legal representation except for workers and public entities. Agribur’s debt is estimated at around €30 million, leading to the activation of an Employment Redundancy File (ERE). Among the creditors are banks, employees, and local farmers.
Before entering crisis, Agribur processed about 30 million kilos of citrus annually. According to a citrus representative organisation, Agribur’s current financial collapse stems from heavy investments to expand production, financed through non-traditional lending sources, which ultimately proved unsustainable amid falling demand and growing volatility in the Castellón citrus sector.
Eurofound (2026), Agribur, Bankruptcy in Spain, factsheet number 204139, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204139.