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

103 jobs
Number of planned job losses
Job loss
Announcement Date
27 October 2005
Employment effect (start)
24 October 2005
Foreseen end date
31 December 2005

Description

The textile company Cardifil, announced its closure. This announcement comes after the refusal of the social security to set off a recovery plan due to an accumulation of debts. The measure will affect 103 workers.


Sources

  • 27 October 2005: Jornal de Notícias

Citation

Eurofound (2005), Cardifil, Closure in Portugal, factsheet number 62509, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62509.