GHIOLDI
Italian film plant manufacturer insolvent
 At “K 2010”, Ghioldi still displayed some of its plants even though the group was already in dire financial straits (Photo: PIE) |
Italian media report that plant manufacturer Ghioldi (Marnate / Italy; www.ghioldi.it) has filed for insolvency. Since its foundation in 1962, the small family-run business has been manufacturing blown and cast film lines for up to seven-layer films. But when the 2008 economic crisis hit, Ghioldi found itself in financial disarray, from which it was not able to emerge on its own. Before filing for insolvency, a mere 17 employees remained at company headquarters in Marnate. Newspapers now report that CEO Angelo Ghioldi has severed all contact with his workers. The company reportedly owes two banks a combined sum of EUR 4.5m.
21.05.2012 Plasteurope.com [222378-0]
Published on 21.05.2012
German version of this article...