Justice decrees the bankruptcy of Ricardo Eletro
- With a debt that reaches R$ 4 billion, plus R$ 1 billion in tax overdue, the company will again appeal the court decision.
By: SiiLA News
A little less than a month after having managed to reverse the first court decision, the company was declared bankrupt again.
With a debt that reaches R$ 4 billion, plus R$ 1 billion in tax overdue, the company will again appeal the court decision.
At its peak, Ricardo Eletro had 1,200 stores in the country, with revenues of R$9.5 billion and 28,000 employees.
