CEL plans to close three tissue plants in Spain

Photo: Neptuul
Photo: Neptuul

Spain's insolvent tissue products company CEL plans to close three production sites, eliminating more than 230 jobs, according to Euwid.

The company has been bankrupt since 3 July, and has recently submitted a redundancy scheme which provided for the elimination of all jobs at the plants Ecofibras Aranguren, Celulosas Aranguren and CEL Technologies & Systems Issue.

More than 230 employees would be affected by the measure.