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Business closures

Incesa Standard closes manufacturing plant in Costa Rica, lays off 150 employees

Kitchen and bath fixtures company Incesa Standard on Thursday evening confirmed the closing of its manufacturing operation in Costa Rica, which will be relocated to the company’s facilities in Guatemala and Nicaragua.

Another fast-food chain closes in Costa Rica

Last Saturday, the restaurant chain Bagelmen’s closed all of its locations in Costa Rica, laying off 110 employees.

San José business group including former fugitive Luis Milanés closes 103-year-old hotel and 2 casinos

Owners of the Europa Hotel & Casino and Hotel Radisson’s Casino, located in San José, announced they would close the businesses and lay off 250 staff members due to high operating costs, the group's attorney, Hugo Navas, said.

Tech support company Motif closes operations in Costa Rica, laying off 90 workers

The U.S.-based company Motif last Friday announced the closure of its customer support call center in Heredia, north of the Costa Rican capital. The news was confirmed in a press release signed by local manager Kaushal Mehta, stating, “[The closure] was due to a change in the customer base served by Motif from its Costa Rica facilities.”

Faced with a $500,000 Caja debt, La Condesa Hotel closes, firing 140 workers

The hotel's Facebook and Twitter pages haven't been updated since Sept. 19, and attempts to contact hotel representatives on Wednesday evening were unsuccessful.
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