More companies close doors in Costa Rica

February 6, 2009

Faucet distributor Helvex became one of the latest companies to downsize in Costa Rica after it closed its plant in southeastern San José last week, leaving 20 employees out of work.

Economic fears in Costa Rica are palpable now as the number of companies announcing layoffs continues to rise, including such household-names as the publisher Grupo Nación and Domino´s Pizza.

Sábila Industrial S.A., the owner of a plant located in Liberia in the northwestern Guanacaste province, where aloe was processed for medicinal and cosmetic products, shut its doors late in January, leaving about 160 employees out of work.

Annie Rivas, a security guard at Sábila, said the company had given letters to all of its employees on Jan. 28, one day before closing, informing them the plant was going bankrupt. “The next day they were gone,” Rivas said. “The majority of the employees here were single mothers.”

Judicial Branch spokeswoman Andrea Marín confirmed  on Tuesday that some former workers at Sábila Industrial have recently filed lawsuits against the company at the Labor Court.

You may be interested

Response to disaster: aid successes, struggles in post-Maria Puerto Rico
Weather
218 views
Weather
218 views

Response to disaster: aid successes, struggles in post-Maria Puerto Rico

John McPhaul - December 13, 2017

As Costa Rica joins many other nations in looking back upon the horrendous 2017 hurricane season, longtime Tico Times contributor…

Looking back at Hurricane Maria: the initial impact
Weather
1401 views
Weather
1401 views

Looking back at Hurricane Maria: the initial impact

John McPhaul - December 12, 2017

As Costa Rica joins many other nations in looking back upon the devastating 2017 hurricane season, longtime Tico Times contributor…

Cold front claims fourth victim in Costa Rica
Weather
4026 views
Weather
4026 views

Cold front claims fourth victim in Costa Rica

Katherine Stanley - December 12, 2017

High winds claimed the life of a fourth victim in Costa Rica as the cold front that has been moving…