Type
Closure
Country
European Union
Region
Location of affected unit(s)
France, Belgium and Germany
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.5 - Casting of metals

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

Description

MetalEurop S.A. has been placed under compulsory administration and banks refused to renew short-term credits. Three coutries are affected by this liquidation: France with 150 workers, Belgium and Germany with 700 workers.


Sources

  • 21 October 2003: Les Echos
  • 14 April 2003: Les Echos
  • 1 April 2003: Les Echos

Citation

Eurofound (2003), MetalEurop S.A., Closure in European Union, factsheet number 60191, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60191.