typicallyspanish.com

Spain News : Costa Blanca
+ Larger Font | + Smaller Font
Alcoy textile company in trouble
By h.b. - May 15, 2008 - 7:59 AM
ALSO SEE : • Spain Business Brief - Friday July 4 2008 - Jul 4, 2008 - 12:04 PM
• Spain Business Brief - Thursday July 3 2008 - Jul 3, 2008 - 12:44 PM


Around 100 jobs are under threat in the Monllor group of companies which is facing debts of around seven million Euro.
The Monllor group of five companies based in Alcoy has filed for bankruptcy protection, facing debts of around seven million €.
The crisis in the textile industry as a whole combined with the current economic slowdown has brought the crisis for the group to a head, with the threat to more than 100 jobs.

It will also have a knock on effect to the Prepal SL company although that is now actually owned by the same group. The Monllor family say that they have also been waiting for permission to move the business for the past four years, and this has further complicated their situation.


 smartphone/pda/iphone |  email this article |  printer friendly page

 del.icio.us |  digg |  technorati |  yahoo | Stumble It!
Facebook | Reddit | Newsvine | Meneame | Wikio | Blink

ALSO SEE :
• Spain Business Brief - Friday July 4 2008 - Jul 4, 2008 - 12:04 PM
• Spain Business Brief - Thursday July 3 2008 - Jul 3, 2008 - 12:44 PM
• Spain Business Brief - Wednesday July 2 2008 - Jul 2, 2008 - 12:43 PM
• Spain Business Brief - Tuesday July 1 2008 - Jul 1, 2008 - 12:57 PM
• Spain Business Brief - Monday June 30 2008 - Jun 30, 2008 - 12:22 PM
• Spain Business Brief - Friday June 27 2008 - Jun 27, 2008 - 1:03 PM
• Spain Business Brief - Thursday June 26 2008 - Jun 26, 2008 - 2:31 PM
• Large jump in Spanish balance of trade defecit - Jun 26, 2008 - 7:11 AM
• Spain Business Brief - Wednesday June 25 2008 - Jun 25, 2008 - 1:09 PM
• Spain Business Brief - Tuesday June 24 2008 - Jun 24, 2008 - 1:42 PM
• 70 percent reduction in public sector job offer in Spain next year - Jun 24, 2008 - 7:35 AM