Type
Relocation
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Arganda del Rey
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles

103 jobs
Number of planned job losses
Job loss
Announcement Date
3 August 2002
Employment effect (start)
Foreseen end date

Description

Shutdown of the unit in Arganda del Rey (Madrid) and relocation an existing unit at Derby (Barcelona). This is due huge decrease of the spanish demand for motocycles.


Sources

Citation

Eurofound (2002), Piaggio, Relocation in Spain, factsheet number 59977, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59977.