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Author Topic: Val Saint-Lambert in trouble  (Read 1568 times)

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Offline Ivo

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Val Saint-Lambert in trouble
« on: October 01, 2008, 08:32:43 AM »
Similar thing in Belgium: the board of directors of Val Saint-Lambert are trying to defer closure but it looks as if it will be curtains this time. VSL have been in a bad state for 30 years, closing down bit by bit - and have not been releasing any innovative designs for 15 years either. A new owner would have to invest heavily in modernisation - and it is unlikely anyone can get a penny out of a Belgian bank at the moment.

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Re: Val Saint-Lambert in trouble
« Reply #1 on: October 01, 2008, 01:41:26 PM »
Sad news. How many more, I wonder, especially with the spiralling cost of fuel now?

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Offline RetroPerceptive

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Re: Val Saint-Lambert in trouble
« Reply #2 on: October 07, 2008, 11:08:00 AM »
Very sad news indeed. I'd thought Val St Lambert closed some time ago?

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Offline Ivo

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Re: Val Saint-Lambert in trouble
« Reply #3 on: October 07, 2008, 11:28:38 AM »
VSL has been the Wallonian headache file for years; it was sold to a Brussels lawyer for the sum of 1 Euro some time ago - but apparently it did not close.

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