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

100 jobs
Number of planned job losses
Job loss
Announcement Date
25 January 2005
Employment effect (start)
5 January 2005
Foreseen end date
13 January 2005

Description

The textile company Vodrages – Tecidos e Fios is about to close, making 100 workers redundant. The company gave as a reason the severe economic difficulties. The 100 workers of the Vodrages Company demand the payment of the December wages and 50% of the Christmas subsidy.


Sources

  • 25 January 2005: Público

Citation

Eurofound (2005), Vodrages - Tecidos e Fios, Closure in Portugal, factsheet number 61078, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61078.