Duralex, a renowned glassworks company recognized for its robust and affordable glasses, is once again facing financial difficulties. Following being compelled to pause operations during the energy crisis, the organization is now dealing with a court order that requires it to settle a debt incurred in 2020 by the previous operator. This debt, related to greenhouse gas emissions quotas, could amount to 1.3 million euros, which poses an enormous financial burden on the business.
Duralex, which employs 230 individuals, has opted to appeal the decision and maintains that the debt had not been declared during its liquidation in 2020. Furthermore, the company has filed a complaint against its former manager, André Ioannides, who is accused of leaking confidential information about a planned sale of the company in 2023. Despite these challenges, Pyrex, Duralex’s parent company, which acquired it in 2021, remains committed to ensuring its ongoing success and serving its customers.
In addition to legal action against its former manager and appeal against the court decision related to debt payment, Duralex is also working tirelessly to overcome its current financial difficulties. The glassworks company has not lost sight of its commitment to maintaining operations and serving customers despite these setbacks.
With their legal action against Ioannides and appeal against the court decision related to debt payment, Duralex is determined to overcome their current challenges and maintain their legacy as a well-respected glassware manufacturer.
