Sicasal, a meat-processing company located in the municipality of Mafra and declared insolvent, will resume production at the end of this week following an advance payment from a customer, the insolvency administrator told Lusa. According to Jorge Calvete, the first workers returned to the factory this Monday to begin sanitisation and to inspect the ...
Insolvent Sicasal to resume production at the end of the week
Monday, 2 February 2026RSS
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.
