Following a three-week sit-in at the facility, 463 former Triumph workers secured a company insolvency decision. The Tribunal ruling now unlocks the right to collective dismissal compensation, and unemployment benefits, all of this coming in the wake of several months of unpaid wages. This particular struggle has drawn public and public authorities attention to and opinion on the lengthiness of bankruptcy procedures including. The factory, which is located in Sacavem close to the capital Lisbon was bought by the Swiss-German investment fund Gramax Capital AG at the start of 2017.
Factory sit-in. As soon as the former Triumph company workers learnt that the company was filing for bankruptcy they set 05 January 2018 as the start of their factory sit-in. The labor dispute degenerated to the point of ensuring neither machines nor material would be removed. The reason for the 24/7 surveillance was to preserve the factory’s assets so that unpaid wages and redundancy compensation payments could be secured. In November 2017 the current owner of the factory, Textil Gramax Intern
…Do you have information to share with us?