A. Santos

Type
Closure
Country
Portugal
Region
Continente; Oeste e Vale do Tejo; Oeste
Location of affected unit(s)
Caldas da Rainha
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.4 - Manufacture of other porcelain and ceramic products
23.44 - Manufacture of other technical ceramic products
140 jobs
Number of planned job losses
Job loss
Announcement Date
18 January 2007
Employment effect (start)
Foreseen end date

Description

A. Santos, a pottery factory located in Caldas da Rainha, closed on 15 January 2007. This closure affects 135 workers, with an average age of 40 years old. As a result of the decision, the contracts of these workers have been suspended.

The manager believes that it will be possible to re-opened the factory and to re-admit all the workers if the company's financial situation is sorted out. This decision will be made by the creditor Assembly at the end of March.

Sources

  • 18 January 2007: Público

Citation

Eurofound (2007), A. Santos, Closure in Portugal, factsheet number 64809, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64809.