Meat company declares insolvency in Portugal

The insolvency was requested by Banco Comercial Português (BCP), one of the largest creditors. The Lisbon West District Court, based in Sintra, appointed Jorge Calvete as insolvency administrator and scheduled a creditors’ meeting for 4 March. Contacted by the Lusa news agency, the insolvency administrator said that “Sicasal’s production is at a standstill, but there…

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