French tableware glassmaker Duralex has been placed in receivership.
The glassworks was placed in receivership by the Orleans commercial court last Wednesday, putting nearly 250 jobs at risk.
The company is located in La Chapelle-Saint-Mesmin, Loiret, near Orléans. It is best known for its Picardy tumblers and its glass is sold around the world.
In a letter to staff, President Antione Ioannides said the company had already had production reduced in 2017 after an incident with a furnace replacement. Coupled with the pandemic, turnover has dropped by 60% as a result of fewer exports, which represent 80% of its activity.
09.10.2020, Duralex
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