Type
Bankruptcy
Country
Greece
Region
Kentriki Ellada; Dytiki Ellada; Aitoloakarnania
Location of affected unit(s)
Agrinio
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.49 - Manufacture of other ceramic products

100 jobs
Number of planned job losses
Job loss
Announcement Date
1 November 2008
Employment effect (start)
3 November 2008
Foreseen end date
30 May 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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67318.