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 (24 - 25) Manufacture of metals 24.5 - Casting of metals 24.5 - Casting of metals
900 jobs Number of planned job losses
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://apps.eurofound.europa.eu/restructuring-events/detail/60191.