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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
100 jobs Number of planned job losses
Announcement Date
18 January 2005
Employment effect (start)
18 January 2005
Foreseen end date
28 February 2005
Description
The company Sumol, will close its plant in Carnaxide where it produces glass packages,.
The closure will affect 100 workers. The activity has been transferred to Pombal. The company justified the measure by severe economic difficulties and a lack of work related to the strong competition in the market.
Sources
18 January 2005: Diário de Notícias
Citation
Eurofound (2005), Sumol, Relocation in Portugal, factsheet number 61173, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61173.
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