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 14.1 - Manufacture of knitted and crocheted apparel 14.10 - Manufacture of knitted and crocheted apparel
240 jobs Number of planned job losses
Announcement Date
29 April 2004
Employment effect (start)
2 May 2004
Foreseen end date
2 May 2004
Description
The Textiles Company Ignacio Carner has decided its closure making 240 redundancies effective. The company has had losses amounting to 7,8 million euros during the last three years. It had specialised in the manufacture of pullovers. The company decided to close due to the impossibility to compete with Asian manufacturers.
Sources
30 April 2004: El País
Citation
Eurofound (2004), Ignacio Carner, Closure in Spain, factsheet number 60332, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60332.