francetvinfo.fr

Duralex Receives 750,000 Euros State Loan Amidst Financial Restructuring

French glass manufacturer Duralex has transformed into a cooperative and secured a 750,000 euros loan from the state following significant financial difficulties. The company’s restructuring was supported by local elected officials and 60% of its employees. Despite receiving financial backing, Duralex faces substantial challenges ahead, as it aims to increase its revenue from 24.6 million euros in 2023 to 40 million euros by 2029.

Source

LEAVE A RESPONSE