04 JUNE 2020AlCircle.com
Aluminium frame manufactures Aluzare S.A. in Luxembourg declared bankrupt
Edited by : Rupankar Majumder
1 min read
Luxembourg based aluminium frames and metal constructions company Aluzare S.A. has been announced as bankrupt.
The aluminium frame company with its head office in Ehlerange, in the South-West of Luxembourg, has been in operations for more than 25 years in the field of aluminium joinery.
The Christian trade union confederation said in a statement that: “The jobs of around 30 employees cannot be saved.”
The trade union confederation added: “The employees will soon receive further details about potential compensation packages shortly. They will reportedly also receive assistance to find a new job.”
Aluzare was mainly specialised in the production of metal doors and windows
Previous article
Thwaites Aluminium in New Zealand observes 30 years in operations, showers credit to its staffs
Next articleSouth Africa’s Aluminium foil export volume remains dwindling during 2017-20, revenue generation reflects growth
Grow with
AL Circle
