The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.45 - Manufacture of other ceramic products
100 jobs Number of planned job losses
Announcement Date
1 November 2008
Employment effect (start)
27 October 2008
Foreseen end date
8 November 2008
Description
According to the source, Katsikis Pottery SA, which stopped production on Monday 27 October (while the workers remain unpaid for two months) is expected to declare bankruptcy on 3rd November 2008. As a result the whole workforce of 100 employees will lose their jobs.
Sources
1 November 2008: Agrinio News
Citation
Eurofound (2008), Katsikis Pottery, Bankruptcy in Greece, factsheet number 67318, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67318.