Here is another post from the workers union:
Good morning, are difficult times, the current situation in both politics and economics work against a sustainable recovery that stability to a country.
However a brand of motorcycles trying to survive
in this sea of mud which is complex out.
After ten months with a factory shutdown due to a battle of interests between partners and banks, after they exhausted all legal periods it gives a contest, sinking deeper into oblivion brand. After the judicial bureaucracy come into our process and curb further our survival.
We've got a brand wants to acquire our company and provide continuity.
The social part does not stop working and find solutions to survive, as all users who have one of our vehicles, many efforts being made by both workers, suppliers and importers to serve as spares.
You have to understand that in the midst of this process is not being easy, economic hardship is one of them.
We know the importance of continuity, it's our future but also a sector, so choose Torrot, the best, not only economic but because it gives us more choice of vehicles to compete and grow in various markets, a brand subrogated to 55 national workers and that within 18 months recover contracts priority those colleagues who are affected by an ERE.
After almost a year unemployed, the workers' representatives believe we could have gone much worse.
Ja our work is done, we presented today at the commercial court our position by the bidder Torrot. Now is the PWH trustee who has to decide which is the best deal and issue its report, also the judge who must determine and award without delay. If you are not able to award before November 18 we will lose our commercial network.
Link to source
https://www.facebook.com/rltgasgas/posts/1059798590719868:0