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Casa Tosi closes permanently
Posted On 02 Apr 2014
Casa Tosi closes its doors; the administrative management announced it this morning to their employees, with who they met in the Auditorium of the Central Bank in Guayaquil.The matrix, located in Pedro Carbo and Aguirre, was closed, while the workers of the establishment could not enter. A similar situation was experienced in other premises, in the Policentro Shopping Center, Plaza Mayor Shopping Center; and on the premises of the city of Quito.
in the meeting, workers expressed their discomfort because they did not receive the March bonus and their salary; The Management undertook to pay them those values.
On March 27, 2013, the Bank Board authorized the liquidator of the Territorial Bank, Carlos Espinosa Torres, to take in charge the administration of the shares of Casa Tosi, and he also started the intervention by the Superintendency of Companies.
In November 30, 2013, according to the report, the company recorded a revenue of $6.97 million, 41.83% less than in the similar period from 2012 ($ 11.98 million). After subtracting the costs of sales and operating expenses, the company reflected “an operating loss of $2.43 billion, up from $0.58 million regarding operating loss in November 2012”.
