Is the Spanish multinational really going to close and throw 250 workers out of work in Valença

The creditors' meeting of the Cablerias factory, declared insolvent and with a debt of around seven million euros, today unanimously approved the liquidation of the Valença company, the lawyer of 49 workers said today. “The company is no longer viable and, at the creditors' meeting, no recovery plan was presented,” said Ana Filipe, at the end of the meeting held in Viana do Castelo. Cablerias de Valença has around 250 workers, mostly women. “The…