Around 210 workers remained after Dielmar was taken over by Valérius following an insolvency process. Of these, only 122 employees are left. Valérius is now proceeding with a collective redundancy.
Valérius Group initiates collective redundancy at Dielmar

Context & Explainers
Insolvency is a legal finding that a company cannot pay its debts when due, which opens a court‑supervised insolvency proceeding (processo de insolvência) to restructure the business or liquidate assets. The court appoints an administrator, creditors file claims and certain claims (like unpaid wages) often get priority; for employees this can mean job loss but also possible access to outstanding wage protection schemes, while creditors may recover only part of what they are owed.
A collective redundancy (despedimento coletivo) is a legally regulated mass‑layoff process in Portugal that requires employer notification and consultation with worker representatives and labour authorities, and often includes social measures or redeployment plans. For workers and local communities—such as the 163 employees affected at Yazaki’s Ovar factory—this process signals significant job losses that may trigger unemployment support and labour‑market measures, so employees should seek information from their union and the labour authority (ACT).








