Meat Company Declares Insolvency in Portugal

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Correio da Manhã

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Lean Right

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Insolvency was required by the Portuguese Commercial Bank, one of the largest creditors of the meat industry. Production is stopped, however, there is no interest in completing activities.

echoboomer.pt

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Production is suspended, but the administrator assures his intention to recover the company and keep the unit operational. Sicasal, a historic meat processing plant based in the municipality of Mafra, was officially declared insolvent by the Lisbon West District Court, following a request filed by Banco Comercial Português (BCP), one of the company's main creditors. The court, based in Sintra, appointed Jorge Calvete as insolvency administrator …

Jornal de Negócios

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At 12 p.m. this afternoon, the Sintra Court ordered the settlement of the Mafranese company to transform the pig meat, whose cyclist team was known for winning tr s Voltas in Portugal between 1987 and 1991.