Type
Closure
Country
Portugal
Region
Continente; Centro (P); Beira Interior Norte
Location of affected unit(s)
Castelo Branco
Sector
Manufacturing
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13 - Manufacture of textiles

170 jobs
Number of planned job losses
Job loss
Announcement Date
1 June 2004
Employment effect (start)
1 June 2004
Foreseen end date
31 December 2004

Description

The textile company Cardoso e Companhia will close its plant in Castelo Branco due to the debts it has accumulated towards the Finance Ministry and the Social Security. This closure will affect 170 workers.


Sources

  • 1 June 2004: P├║blico

Citation

Eurofound (2004), Cardoso e Companhia, Closure in Portugal, factsheet number 60377, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60377.