PINDOS ALPHA WOODS

Type
Merger/Acquisition
Country
Greece
Region
Kentriki Elláda; Thessalia; Karditsa, Trikala
Location of affected unit(s)
Thessalia
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
80 jobs
Number of planned job creations
Job creation
Announcement Date
8 April 2006
Employment effect (start)
8 April 2006
Foreseen end date
30 April 2007

Description

Pindos, manufacturer of wooden products, was in danger of a closure. After being bought by Alpha Woods, the company's economic situation has improved. As a result, some 80 new jobs will be created until April 2007.

Sources

  • 8 April 2006: Kathimerini

Citation

Eurofound (2006), PINDOS ALPHA WOODS, Merger/Acquisition in Greece, factsheet number 64434, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64434.