The Limited Times

Now you can see non-English news...

A debt of 1.3 million euros to pay: the black streak continues for Duralex

2024-04-03T08:57:55.380Z

Highlights: A debt of 1.3 million euros to pay: the black streak continues for Duralex. Justice asks the famous glassworks to settle a debt which had been contracted by its previous operator for exceeding its greenhouse gas emissions quotas. The glassworks, which employs 230 people, has decided to appeal the decision of the administrative court. The company also announced that it had filed a complaint against the former manager, André Ioannides, accused of having leaked a confidential document concerning a planned sale.


Justice asks the famous glassworks to settle a debt which had been contracted by its previous operator for exceeding its


The black streak continues for Duralex. After being forced to interrupt its activity for several months at the time of the energy crisis, the company, whose factory is in La Chapelle-Saint-Mesmin (Loiret), in the conurbation of Orléans, is once again put in difficulty, this time by a court decision.

The Orléans administrative court, on March 14, ordered the famous glassworks to pay a debt contracted in 2020 by the former operator, before its takeover in 2021, by the parent company of Pyrex.

230 employees

That year, Duralex, known worldwide for its inexpensive and ultra-strong glasses, had exceeded the greenhouse gas emissions quotas allocated to it. To be in compliance, the company would have had to pay for new rights, otherwise it would be fined 2 million euros. However, the glassworks found itself in liquidation that same year, without this debt having been paid.

Read alsoHigh school rankings 2024: which is the best establishment in Loiret?

At the current price, its amount could reach 1.3 million euros, which constitutes “a significant financial burden” likely to “seriously compromise the financial health of New Duralex International and its ability to maintain its activities in a sustainable manner”, specifies The direction.

Duralex, which employs 230 people, has decided to appeal the decision of the administrative court. The debt, adds the company, “had not been declared” and the commercial court “had ruled out any assumption of liabilities of this nature”.

The company also announced that it had filed a complaint against the former manager, André Ioannides, accused of having leaked a confidential document concerning a planned sale of the company, at the end of 2023, which has since been abandoned.

Source: leparis

All news articles on 2024-04-03

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.