Latest news is that Orizonia have informed their employees today that they will close down on Wednesday, however they have received two offers for Orbest which would see that part of the company and those working for it saved.
So fingers crossed they can come to an agreement. A decision will apparently be made tomorrow on the two offers.
Only in Spanish at the moment :
Orizonia cierra y ultima la venta de Vibo Viajes y Orbest | Noticias de Agencias de viajes | Revista de turismo Preferente.com