Workers at the troubled Durobor tableware glass site in Belgium plan to launch a takeover.
Glass makers at the site have put forward a plan to relaunch two production lines at the site in Soignies, near Mons, Belgium.
It plans a crucial meeting with Sogepa, the financial arm of the Walloon region, which will take place before the end of the month.
"Uncertainties remain in terms of the commercial strategy," says David Leclercq, head of press relations at Sogepa.
"The workers brought in a commercial project that was not fully completed. With the external partners, we are trying to secure the sales volumes to reach a certain turnover so that the company is profitable or at least financially independent. "
Another blocking point is the funding level. Much higher than initially planned, the investment required to revive the factory must be made through a public-private partnership.
"We have to raise funds through partners. But first we have to convince them to adhere to a business strategy that holds water. This is where the difficulty lies because Durobor has a complicated history. Restoring trust requires always time. "
The company went into receivership at the beginning of May and has been unable to find a buyer.
Sogepa decided to temporarily maintain the furnace in working order and a team of about 20 staff were kept working under temporary contracts to maintain the furnace.