The complete industrial unit, located in Mozelos, was for sale until April 24th in an online auction, with a base value of 411,170 euros, but the property did not receive any bids within the expected period.

Speaking to Lusa, the insolvency administrator admitted that the factory could be put up for sale again at auction for a lower value, but the decision is up to the creditors.

The company based in Mozelos, in the municipality of Santa Maria da Feira, entered into insolvency proceedings in August 2021 and is currently liquidating its assets for subsequent payment to creditors.

According to the auctioneer, the industrial unit consists of a warehouse, a building for industry, and land with a total area of more than five thousand square meters.

The lot that was for sale also included machinery and equipment, furniture and office equipment, and two vehicles.