Piaggio

Type
Relocation
Country
Spain
Region
Comunidad de Madrid; Comunidad de Madrid; Madrid
Location of affected unit(s)
Arganda del Rey
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
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.

Citation

Eurofound (2002), Piaggio, Relocation in Spain, factsheet number 59977, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59977.