google-site-verification: googlec7193c3de77668c9.html

Valencia still struggling to recover from devastating floods

Much of the damage has been caused on industrial estates. Diego Romá, executive president of the federation of industrial estates in the Valencia region (Feteval), says that “thousands and thousands of jobs are in the air” and that a total of 58 industrial estates were affected by the flood water.

“Most companies are working hard to resume production, but unfortunately there are maybe 10 to 20% of companies which are going to close,” he said.

The legacy of 29 October is still visible on the industrial estates. Abandoned cars sit on the side of the road covered in mud, debris has been pushed up against walls and the shutters of many businesses remain closed.

Electro Fernández, an electricity installation company, is one of the few which has reopened, having lost €40,000 ($42,000; £33,000) worth of tools in the floods.

“We were immediately affected 100% because we lost our tools and vehicles,” said Patricia Muñoz, who co-owns the company with her husband. She says that they are currently working at 10% of their capacity.

“We’ve cleaned the place, we’ve got all our employees here, and we’ve taken action to get going again,” she says. “But a lot of the companies on this industrial estate, and on others are nowhere near that, they are still cleaning up.

“This has been an absolute disaster. You only realise the scale of it when you see it for yourself.”


Source link

Views: 1

See also  Has video gaming become too expensive?

Check Also

Average asking rent reaches record high | Money News

The average advertised private rent on a home in Britain has reached a record £1,397 …

Buffett calls Bill Gates relationship with Epstein ‘distasteful’

Billionaire investor Warren Buffett has described Bill Gates’ relationship with late sex offender Jeffery Epstein …

Celebrity influencers paid up to £1m to promote deodorant on social media

Katy Howell, director at marketing agency Rethink Social, says paid ads “don’t necessarily corrupt a …

Leave a Reply

Available for Amazon Prime