Bankrupt Company in Santo Tirso Transformed into a Space with Shops, Housing and Services
14 December 2020 – One of the largest and most well-known textile industries in Vale do Ave, the former Arco Têxteis, in Santo Tirso, is being converted into a mixed-use development with shops, services and housing. Arco Têxteis went bankrupt in 2015 with debts totalling 32 million euros. The property was acquired for 4.5 million […]