Fisipa Enters the Preventive Contest: Textile Attributes Its Crisis to Imports and Fall in Consumption

la Nacion

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The synthetic yarn manufacturer, with a plant in La Plata, faces a liability of $565 million; it attributed its crisis to the fall in consumption, the increase in tariffs and the opening of imports

infoblancosobrenegro.com

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The textile company Fisipa, with a plant in the town of Hernández, started a preventive contest of creditors in the midst of a deep economic crisis that, according to the company itself, was caused by the fall in consumption, the increase in tariffs and the opening of imports. The opening of the process was arranged by the National Court of First Instance in Commercial No. 1, under the figure of "small contest", after the company declared its st…