Type
Closure
Country
Spain
Region
Este; Comunidad Valenciana;
Location of affected unit(s)
Riba-roja
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.4 - Manufacture of games and toys

515 jobs
Number of planned job losses
Job loss
Announcement Date
21 October 2003
Employment effect (start)
1 October 2003
Foreseen end date
1 October 2003

Description

This year, Hasbro Inc. had a 1.7 millions dollars benefits. Nevertheless, due to the lack of economic viability and the change in the kids habits, Hasbro Inc is closing it spanish plant of Riba-roja (MB España), affecting 515 workers.


Sources

Citation

Eurofound (2003), MB España, Closure in Spain, factsheet number 59731, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59731.