Over 100 Years Old Traditional Company Announces Insolvency – Search for Investor Is Ongoing

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The Peitinger traditional company "Stahlbau Kaiser" has applied for insolvency at the local court. The provisional insolvency administrator is already in contact with interested parties.

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There were 138 companies in the Braga district that declared insolvency in the first seven months of the year, a reduction of 4.2%, according to data released today by Iberinform. Nationally, the number of declared insolvencies increased by 5.5% in the first seven months of the year, while in July alone it rose by 58% compared to the previous year. In the accumulated total for the first seven months of the year, declared insolvency proceedings …