LPE in Portugal goes bust ?

   I found this.

https://www.einforma.pt/servlet/app/portal/ENTP/prod/ETIQUETA_EMPRESA/nif/515433764/

Your guess is as good as mine as to the fine detail, but it may mean very little. Its not hard to imagine the company appearing dubious financially, after all that fine new factory must have cost a fortune, no matter what grants they secured. Knowing, as I do, almost nothing about UK company affairs, let alone Portugal, it would be foolish to draw conclusions.

There's no reason why the Rastegar organisation shouldn't be as well versed in European law as US. The man himself was an exact contemporary of mine at the same college in London, although I don't recall ever meeting him. 

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JimC Send Private Message Find Member's Posts Visit Member's Homepage Really should get out more Joined: 17 May 04 Location: United Kingdom Online Status: Offline Posts: 6568	Post Options Post Reply Quote JimC Report Post Quote Reply Posted: 29 May 22 at 4:16pm
	I found this. https://www.einforma.pt/servlet/app/portal/ENTP/prod/ETIQUETA_EMPRESA/nif/515433764/ Your guess is as good as mine as to the fine detail, but it may mean very little. Its not hard to imagine the company appearing dubious financially, after all that fine new factory must have cost a fortune, no matter what grants they secured. Knowing, as I do, almost nothing about UK company affairs, let alone Portugal, it would be foolish to draw conclusions. There's no reason why the Rastegar organisation shouldn't be as well versed in European law as US. The man himself was an exact contemporary of mine at the same college in London, although I don't recall ever meeting him.

423zero Send Private Message Find Member's Posts Really should get out more Joined: 08 Jan 15 Location: United Kingdom Online Status: Offline Posts: 3201	Post Options Post Reply Quote 423zero Report Post Quote Reply Posted: 29 May 22 at 5:11pm
	Nothing in the Setubal local news, nothing in financial papers either, should surface soon though, millions of euros not going to be allowed to disappear.
	Robert

eric_c Send Private Message Find Member's Posts Far too distracted from work Joined: 21 Jan 18 Online Status: Offline Posts: 359	Post Options Post Reply Quote eric_c Report Post Quote Reply Posted: 29 May 22 at 6:46pm
	Doesn't seem to be anything on the interweb about this, so where is the OP's rumour? OTOH, LaserPerformance.com seems to have a worse web presence than some dead people. It looks like it's blocking some traffic to England though, if you enter via euroland you still see prices for stuff as if it's still trading. Laserperformance (Europe) LTD was dissolved last June. Some holding companies involved. A few million euro in EU grants is small beer, con-sultants take that many times a day for producing very little Does this have any bearing at all on Laser in the US? I suspect not?

Grumpycat Send Private Message Find Member's Posts Far too distracted from work Joined: 29 Sep 20 Online Status: Online Posts: 461	Post Options Post Reply Quote Grumpycat Report Post Quote Reply Posted: 29 May 22 at 7:28pm
	LPE/ Laser has had a very bad presence/ reputation in the US for years , that why the us laser class association was very glad to see LPE deselected as a Laser manufacturer. Sailors moaning a terrible supply of parts/sails/ boats and dealers moaning about have to pay up front for all supplies and still not getting all the parts they ordered. As I said I am NOT saying it’s true . It was told to me ( as a rumour) by a friend who works in the wider sailing industry. I also couldn’t find anything online so that’s why posted on here to see if I could see if anyone else knew anything. Edited by Grumpycat - 29 May 22 at 7:29pm
	D-zero Ex Laser x2 Ex British Moth x4 Ex Lightning 368 Ex Supernova