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
190 jobs Number of planned job losses
Announcement Date
4 March 2003
Employment effect (start)
1 March 2003
Foreseen end date
1 April 2003
Description
Compulsory administration has been annouced for both of the units on September the 24th. Liquidation has been announced March the 4th which will dismiss 130 workers at the Wesserling unit and 60 at the Nomexy unit.
Sources
4 March 2003: Les Echos
Citation
Eurofound (2003), Société de développement Textile, Closure in France, factsheet number 59941, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59941.