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 (13 - 15) Manufacture of textiles, apparel and leather 13 - Manufacture of textiles 13 - Manufacture of textiles
316 jobs Number of planned job losses
Announcement Date
10 March 2004
Employment effect (start)
1 March 2004
Foreseen end date
1 March 2004
Description
Galler Textiles is part of the Dutch group Fenway who lost 9 million dollars last year. The factory is offering 20 days of salary per year of work as indeminisation.
Sources
10 March 2004: Expansión
Citation
Eurofound (2004), Galler Textiles, Closure in Spain, factsheet number 59733, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59733.