Insolvency: Sicasal owes €22.4 million to banks
Sicasal, a meat-processing company based in Mafra, has been accumulating debts and losses, which led to a request for its insolvency after its Special Revitalisation Plan was rejected, according to the file to which the Lusa news agency had access on Friday. The company acknowledged being 'in a difficult economic situation, but not in a state ...'
Sicasal declared insolvent
The insolvency was filed by Banco Comercial Português, one of the meat company’s largest creditors. Production is halted, but there is no intention to cease operations.
Sicasal declared insolvent
Sicasal, a meat-processing company based in the municipality of Mafra, has been declared insolvent at the request of Banco Comercial Português, according to the insolvency declaration notice from the Lisbon West District Court published this Wednesday. The insolvency was requested by Banco Comercial Português (BCP), one of the largest creditors. The District Court of ...
Meat company declares insolvency in Portugal
Home News Meat company declares insolvency in Portugal Meat company declares insolvency in Portugal Sicasal, a meat industry located in the municipality of Mafra, has been declared insolvent at the request of Banco Comercial Português, according to the announcement of the declaration of insolvenc
