Rising from the ashes

A ceramics company in Bailén which entered into bankruptcy a year ago as a result of the economic crisis and the collapse of the construction industry has once again started production.

Cerámicas Alcalá Villalta entered into bankruptcy a year ago after the demand for bricks fell by as much as 70% due to the collapse of the building trade. The company dismissed most of its 40 employees.

A year later, after gaining court approval, the company is back in business, re-employing 35 of their former staff and producing 500 tons of bricks per day.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: