Duralex, a well-known glassworks company renowned for its robust and affordable glasses, is once again facing financial difficulties. The company has been grappling with a court decision that orders it to pay a debt incurred in 2020 by the former operator. This debt, which pertains to greenhouse gas emissions quotas, could reach 1.3 million euros, placing an immense financial burden on the company.
In addition to its financial struggles, Duralex has also filed a complaint against its ex-manager, André Ioannides, who is accused of leaking confidential information about a planned sale of the company in 2023. Although this sale was eventually abandoned, Duralex is taking legal action to address the leak.
Despite these setbacks, Duralex remains committed to maintaining its operations and serving its customers. Its parent company, Pyrex, took over Duralex in 2021 and is determined to ensure its continued success as a glassware manufacturer. With an appeal against the court decision and legal action against the former manager, Duralex is working hard to overcome its current challenges and uphold its legacy as an esteemed glassware manufacturer.
The energy crisis forced Duralex to halt operations temporarily during 2020. The court decision now threatens to add insult to injury by ordering the company to pay this debt incurred by the former operator related to greenhouse gas emissions quotas. This poses a significant challenge for the company’s finances.
Duralex employs around 230 people and had been operating successfully until it was forced into liquidation due to the energy crisis. However, this did not stop the previous operator from accruing this debt related to greenhouse gas emissions quotas.
Duralex has decided to appeal the court decision and maintains that this debt had not been declared during its liquidation process in 2020. The parent company Pyrex has taken over Duralex in 2021 and is dedicated to ensuring that it continues as a successful glassware manufacturer.
In addition to dealing with financial difficulties, Duralex has also filed a complaint against ex-manager André Ioannides for leaking confidential information about a planned sale of the company in 2023. This sale was eventually abandoned but caused significant damage due to Ioannides’ actions.
Despite all these challenges, Duralex remains committed to maintaining its operations and serving its customers while continuing with legal action against Ioannides and appealing the court decision related
