Varela Pinto

Type
Closure
Country
Portugal
Region
Continente; Norte; Ave
Location of affected unit(s)
Vizela
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
130 jobs
Number of planned job losses
Job loss
Announcement Date
19 October 2004
Employment effect (start)
18 October 2004
Foreseen end date
31 December 2004

Description

Varela Pinto announced its closure due to severe economic difficulties. The measure will affect 130 workers.

Sources

  • 19 October 2004: Público

Citation

Eurofound (2004), Varela Pinto, Closure in Portugal, factsheet number 60683, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60683.