Cermed Ceramica Mediterranea, judicial liquidation declared
The journey of ceramics produced with Sardinian clay has come to an end. For Cermed, Mediterranean Ceramics, a company based in Guspini in the Medio Campidano, the Cagliari court has declared...
The Italian company Cermed, Ceramica mediterranea, has been declared in judicial liquidation by the Cagliari court. The company, based in Guspini, was born from the privatization of businesses that received incentives for mining reconversion and aimed to produce ceramics using local Sardinian clay. Cermed had struggled with rising costs, including energy and transportation, and had a passivo of 52 million euros as of December 31.
A creditors' meeting is scheduled for March 18, and unions are pressing for social safety nets for workers and solutions to save the business, which employs around 120 people in Sardinia and 10 in Sassuolo.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
