Giovedì, 18 Ottobre 2018

Italian court declares historic ceramics maker bankrupt


Florence, January 7 - A court in Florence declared
the historic ceramic maker Richard Ginori bankrupt Monday,
sources said, ending a lengthy struggle and eliminating more
than 300 jobs.
The ruling was filed by court judges Monday morning, which
apparently ends efforts to sell the company - founded in 1735 -
to a buyer from the United States.
Last fall, the Tuscan ceramics producer sought court
assistance as the company began to go through its liquidation
The company had stopped manufacturing at the end of July,
laying off 337 employees.
The regional government said at the time that it hoped to
find another business with plans for reinvestment to revitalize
the ceramics producer.
Late last year, the company thought it found a solution and
said it had a purchase offer from a consortium led by Lenox
Corp., of the US.
The Florence court appointed Andrea Spignoli as
administrator of Richard Ginori during the liquidation process.

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