Storm-hit factories plead for grants as loans fail to revive operations
At a rubber manufacturing plant in Marinha Grande, one of the production lines remains out of operation. The factory is running at just 40% capacity.
Losses exceed two million euros, and a credit line for reconstruction has yet to materialize, making a return to normal operations seem distant.
At an animal feed factory in Leiria, part of the collapsed roof has been repaired, but the manager admits that 70% of the facility remains damaged. For a time, the company had to rely on partners to fulfill customer orders after losing raw materials. The manager anticipates a grueling year ahead to recover from the losses.
Some businesses may not survive at all, and for them, loans may not be a viable solution. With half a million euros in damages—primarily to machinery—a printing company in Pombal has been idle since January, and workers remain on furlough. Retaining customers is becoming increasingly difficult.
The printing firm's recovery hinges on government support, but its struggle is far from unique in the region. The future remains uncertain for many business owners affected by the storms, who are urging that at least a portion of the loans be converted into grants.
