In the hands of its employees, Duralex welcomes a new breath. Declared by another judicial recovery, the emblematic glassware had almost disappeared during the summer of 2024. However, the Commercial Court of Orleans had validated the cooperative employee project, backed by the administration of the site and the local elected officials, to save the Chapelle-Saint-MeMin site. A year after the official launch of the “SCOP”, its new managers elaborate a first evaluation.
“We are exactly in the line that we had given to the Court, that is, we are +20% progression” and “we are in the process of replacing ourselves in all countries,” François Marciano, general director of Durax Scop SA, rejoice in BFM Business.
A store in Orleans
“We are very happy,” even if “we haven’t won yet,” said François Marciano. The company’s billing should reach 33 million euros in 2025, with the aim of spending the 35 million euros brand in 2027, which would mark the return to financial balance. “We will have to modernize this business […]become a green business. There is much to do, even beyond billing, “said its managing director.
Durax employees “do not want to get rich” but “they want to save their businesses,” he continued. “It is completely different, because they are really looking for a solution,” observed the managing director, giving the example of the Orleans store, where employees decided not to hire but “maintain the store in turn.”
“Show white leg”
For Durax, the road is not yet completely clear. “Basically, during the three years that will arrive, we will have to invest 17 million euros, advanced François Marciano. The bonds will be open” to people “next October, to allow the company to develop” new products. “” We are pointing at 5 million euros, he said.
“We said that, as long as we have not launched a check in April, nobody will follow us. What is understandable, there were still six balance deposits. He cannot ask the bankers to come, giving us money.” We must show the white leg, so it is April (2026) that we hope that the general director hopes.
Source: BFM TV
