Efacec responds to the strikers: “No company is on hold that gains new customers and has revenue in the hundreds of millions” – Industry

Efacec responds to the strikers: "No company is on hold that gains new customers and has revenue in the hundreds of millions" - Industry

In response to Efacec workers present on Tuesday 30 November, a new two-hour strike (between 2pm and 4pm), demanding the government buy raw materials, dismiss management and even protest against revitalizing the company, the group’s management team stated that it “remains resolute in its mission, It shows economic and strategic feasibility.

“Proof of this is our 2021 financial and business indicators, which reveal the results we have achieved, despite all the challenges we face,” ensures management led by Angelo Ramalho, in a statement.

Although it recognizes that “similar to the entire business fabric,” Efacec “has also felt the global impact across all sectors and areas, due to the disruption in supply chains caused by the pandemic,” ensuring that “production maintains a variable pace depending on ongoing demands.”

“The business and the choice of our clients is clear evidence, as is the group’s revenue that will exceed hundreds of millions of euros,” he adds.

“There is no idle company that gains new customers and has revenue of this magnitude,” he says, explaining that “with new customers and regular customers,” the company’s order book “exceeds 500 million euros, the 220 million contracted in euros in 2021.”

For the rest, Efacec management is “confident about the future, facing with optimism the expected recovery of the economy and the conclusion of the reactivation process, supported by the normalization of operations and the resumption of the sustainable growth cycle in all business units.”

It must be remembered that only DST Group from Braga made a final offer to purchase 71.73% of Efacec in state hands, as announced last week by the state-owned holding company Parpública.

However, in addition to today’s strike, which follows the strike on December 10, a new strike is scheduled for December 9 and 16 at the same time.

(News updated at 15:48)

By Andrea Hargraves

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