Spain's Fagor files for bankruptcy
(MENAFN) Spanish electrical appliance maker, Fagor, announced that it filed for bankruptcy, Times of Oman reported.
The company, which manufactures washing machines, refrigerators and other appliances, couldn't reach a deal with creditors and was abandoned by its parent group, Mondragon.
The company said: "As of today, Fagor Electrodomesticos Coop. and its subsidiary Fagor Ireland have filed for bankruptcy protection from their creditors in the Commercial Court of San Sebastian."
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Comments
No comment