The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
190 jobs Number of planned job losses
Announcement Date
30 June 2003
Employment effect (start)
1 September 2003
Foreseen end date
1 September 2003
Description
Comerama, which is located in Donegal, went into receivership, and had been in trouble for some time, a indication of the serious problems facing the clothing and textile industry in Ireland. Earlier this year, the workforce rejected an 8% pay cut, which management had proposed in a bid to save the plant.
Last December, Comerama's sister plant in Kilkenny closed with the loss of 160 jobs.
Sources
3 July 2003: Industrial relations news (www.irn.ie)
27 June 2003: The Irish Times
Citation
Eurofound (2003), Comerama, Closure in Ireland, factsheet number 59262, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59262.
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