Ferseque

Type
Bankruptcy
Country
Portugal
Region
Continente; Norte; Área Metropolitana do Porto
Location of affected unit(s)
Matosinhos
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
200 jobs
Number of planned job losses
Job loss
Announcement Date
14 July 2003
Employment effect (start)
Foreseen end date

Description

The Ferseque didn't payed the wages since December of 2002. The Union of the Construction of the North advised the workers to suspend the contracts. The company is in bankruptcy risk.

Sources

  • 14 July 2003: O Primeiro de Janeiro

Citation

Eurofound (2003), Ferseque, Bankruptcy in Portugal, factsheet number 59986, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59986.