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.
Manufacturing (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
140 jobs Number of planned job losses
Announcement Date
20 August 2003
Employment effect (start)
1 August 2003
Foreseen end date
1 December 2003
Description
The company V. Carneiro and Rafael is about to close, making 140 workers redundant. The reason is the lack of work and the economic crisis in Portugal.
Sources
20 August 2003: Público
Citation
Eurofound (2003), V. Carneiro e A. Rafael, Closure in Portugal, factsheet number 59958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59958.