Sumol

Type
Relocation
Country
Portugal
Region
Continente; Grande Lisboa; Grande Lisboa
Location of affected unit(s)
Carnaxide
Sector
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
Job loss
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.