Type
Merger/Acquisition
Country
Greece
Region
Voreia Ellada; Thessalia; Larisa
Location of affected unit(s)
Thessalia
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64434.