Carfer

Type
Bankruptcy
Country
Portugal
Region
Continente; Norte; Cávado
Location of affected unit(s)
Esposende
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13 - Manufacture of textiles
13 - Manufacture of textiles
160 jobs
Number of planned job losses
Job loss
Announcement Date
9 February 2009
Employment effect (start)
9 February 2009
Foreseen end date

Description

The textile company Carfer, located in Esposende closed unexpectedly declaring bankruptcy. The measure will affect 160 workers, mostly women. Following this unexpected and sudden closure the Work Conditions Authority (ACT) presented an official complaint against Carfer.

The Portuguese authorities have applied for aid from the European Globalisation Adjustment Fund (EGF).

Sources

  • 9 February 2009: O Jornal Económico

Citation

Eurofound (2009), Carfer, Bankruptcy in Portugal, factsheet number 68754, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68754.