Among the identified creditors are Novo Banco, BPI, IAPMEI, Scalabis, and Servdebt.
Administrator of insolvency Jorge Calvete explained that the company, based in Oliveira de Azeméis and established in 1989, supplies the automotive industry with high-pressure die-cast aluminum components and counts the Volkswagen group as its sole client.
This situation potentially impacts approximately 500 jobs.
