northern Portugal‘s textile and footwear industries are facing a wave of economic hardship, with several companies announcing layoffs and insolvency despite receiving European Union support. The situation highlights growing concerns about competitiveness and structural challenges within the sector, which employs a critically important portion of the region’s workforce. Polopiqué,a Santo Tirso-based firm,exemplifies this trend,initiating a restructuring plan that will eliminate 274 jobs after receiving €8.2 million in EU funding through the PT2020 and PT2030 frameworks.
Entre as empresas do setor têxtil e do calçado, no Norte do paÃs, que este ano avançaram com despedimentos coletivos e processos de insolvência, estão várias que receberam fundos europeus, o que não travou a dispensa de trabalhadores e até mesmo o encerramento de unidades de produção. É o caso da Polopiqué, com sede em Santo Tirso, que recebeu 8,2 milhões de euros no âmbito do quadro de fundos europeus PT2020 e PT2030 e iniciou uma reestruturação que prevê o despedimento de 274 trabalhadores.
Several textile and footwear companies in northern Portugal have announced collective layoffs and insolvency proceedings this year, despite receiving European Union funding. The situation raises questions about the effectiveness of economic support programs in preventing job losses.
Polopiqué, based in Santo Tirso, is among those companies. The firm initiated a restructuring plan that will result in the elimination of 274 positions, according to reports. This move comes after Polopiqué received 8.2 million euros in funding through the PT2020 and PT2030 European funding frameworks.
The layoffs and factory closures underscore the challenges facing the textile industry in Portugal, even with financial assistance from the EU.
