Taking Over
China has now become the principal supplier of goods to Alicante Province, effectively taking over from Germany and Italy, who up until this point had been the main suppliers of textiles and furniture....[ more ]
Enquiries
Private Property Ads:
Angela(00 34) 96 224 5667
Other enquiries
Martin(00 34) 96 224 5667
Valencia News Archive
You are here: Home » Valencia News » Valencia News Archive » Goodbye to all ThatGoodbye to all That
It would now finally appear that the death knell has sounded for Ferrys the textile company based in Canals as a business court in Valencia has received an official liquidation order for the company. This was finally delivered after a possible investor that could have saved the company, withdrew the offer. The court will now name three administrators and the 300 employees will finally be given their redundancy notices. Currently the working hours are being reduced and on Fridays obligatory training courses are being given for the employees to be qualified enough to seek work in other industries.
Meanwhile another company – Astroc Mediterranean – is in the eye of the storm after its share value dropped 60% in one week. The drop came after an audit revealed that Enrique Bañuelos bough all the company furniture as well as other assets for 150 million Euros.
Author: Valencia Life
Created: 2007-04-24 15:27:43 | Updated: 2007-04-26 11:44:50
» Related items
...[ more ]
Investments Increase
The Conselleria for Business revealed yesterday that investment in Alicante Province has increased by 108% over last year for a total value of 81.9 million Euros....[ more ]
Fire with Disastrous Consequences
A fire that started at the edge of a dry riverbed in Alcoy early yesterday morning, soon rapidly spread to a nearby textile factory, completely destroying it along with three cars that belonged to workers on the night shift in the factory....[ more ]
An Agreement Over Support
An agreement was reached yesterday between the trades unions, the companies and the Valencian Government over a support plan for the textile industry in the autonomy....[ more ]
An english speaking lawyer in Paterna
Great news, a very nice guy David Prieto Vicente has his law practice in Paterna. He is very helpfull and has quite some expierence in dealing with the Spanish as well as the English law....[ more ]
Dutch Interest
Habion, a Dutch group has built more than five thousand homes for old people in Holland has expressed an interest in Javea by acquiring 17.5 hectares in the ‘golf’ sector of the municipality....[ more ]
Radio Company Expands
The group of Jesus de Polanco, the pro-Socialist owner of such stations as the Cadena SER in Spain has recently undertaken a considerable expansion programme inside the United States with his wholly-owned subsidiary company Grupo Latino de Radio....[ more ]
Holiday, What Holiday?!
Several people from the Scarborough area believe that the £600 one family paid a travel agency for a week holiday in Benidorm was in fact a scam....[ more ]
Trade Fair Opened-But...
The Habitat Valencia Forward Trade Fair opened its doors yesterday, with the organisers specifically and Chinese companies from attending....[ more ]
A New Company
KanZaman Productions, having already had a hand in the Milos Forman film Goya’s Ghosts and Sahara has agreed to set up a production company in the Valencian Community in order to attract productions to the area....[ more ]
New Company Launched
A new company called Jet Ready was officially presented in public yesterday, on the day after its financial infrastructure was secured...[ more ]
Caught in the Act
The Cevisama Trade fair in Valencia took on a more sinister turn yesterday after it was discovered that a Chinese company was offering for sale a product that had been patented and sold by the Valencian Company Fominaya....[ more ]
Two New Contracts
The Ortiz Construction Company has been awarded two new building contracts by Alicante Town Hall after presenting estimates that were under the budget for the two projects....[ more ]
Canals - Festividad de San Antonio Abad
Don't miss the amazing record breaking Foguera (bonfire) of Canals on Monday 16th at 9pm outside Canals Church....[ more ]
17 arrested for Valencia robberies
Police in Spain have now arrested at least seventeen people, and charged them with carrying out armed assaults on homes in the Valencian Community....[ more ]
Another House Assault
A gang of several masked men broke into the Canals home of an Italian jewellery designer, and after beating him up, managed to make off with money and jewellery with a value of over 150,000 Euros....[ more ]
Another Canals Robbery
A gang broke into another house in Canals yesterday, but in somewhat different circumstances, as they discovered the only inhabitant of the home that they had come to rob as a ten year old boy, that they blindfolded and handcuffed to a wardrobe rail, and shut him inside the cupboard....[ more ]
Pascual Dura - Alcalde de Canals (Mayor of Canals)
Pascual Dura is currently mayor of Canals and has served for more than one party - we investigate......[ more ]
» My Account
» Sell Property
Contact Angela for more info
Tel: +34 96 224 5667
angela@valenciatrader.com
» Advertisements
» Business Advertising on the Valencia Trader