3 Commercial Court of Alicante, located in Elche, is overseeing the voluntary bankruptcy of Edit SA, a historic graphic arts company once owned by Antonio Alonso Miravet. The firm, with deep ties to the Vega province and the Renhace Plan office, has seen changes in leadership since 2015, when Antonio Alonso Guerrero became the sole director. The decision to restructure aims to preserve the business after the COVID-19 impact and to address significant cost increases recorded over the past year.
Accounts filed with the Trade Register show a troubling pattern for Edijar, which has felt two consecutive years of decline. Although the company boosted revenue by about 5% last year, overall turnover remained well below pre-pandemic levels, sitting at 1.1 million euros in the latest figures versus 1.46 million euros in 2019. The downturn coincided with the loss of several customers, prompting the owner to reach out to small and medium-sized enterprises. Despite diversifying activities in recent years, roughly 80% of sales come from calendar printing, indicating a strong dependence on a single segment.
The sole current manager, Antonio Alonso Guerrero, highlighted not only the direct consequences of the pandemic but also ongoing cost pressures. Paper costs have surged by more than 40%, and supply shortages since last December have at times hindered normal operations.
In response to these challenges, the company plans to restructure by outsourcing part of the manufacturing process. The goal is to continue handling the advertising portion of calendar printing, which demands a higher degree of personalization and added value, while subcontracting the months-and-days production to larger printing houses. This strategy will reduce the workforce but is viewed as essential to maintaining viability.
“What we’re aiming for is greater flexibility,” Alonso Guerrero notes, explaining that activity has intensified in the last months of the year, prompting a reassessment of staffing structures to meet demand more efficiently.
Meanwhile, the founder and owner remains actively involved in management. The enterprise traces its origins to 1930, established by Antonio Alonso Rufete, underscoring a long history in the regional printing sector. As this voluntary insolvency proceeds, the current leadership retains management powers, although external oversight is expected to guide the process. The BOE confirms the appointment of attorney María Soler as bankruptcy administrator to supervise and coordinate the proceedings.