Type
Internal restructuring
Country
France
Region
Bassin Parisien; Picardie; Aisne
Location of affected unit(s)
Vaux-Andigny
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

129 jobs
Number of planned job losses
Job loss
Announcement Date
18 February 2005
Employment effect (start)
Foreseen end date

Description

Zehnder-Acova will suppress 119 jobs out of 412 in its Vaux-Andigny manufacture, specialised in electric heaters. The management wants to redevelop its exportation strategy because of a French market saturated, and a decrease of the production due to strong eastern competition.


Sources

  • 18 February 2005: Les Echos

Citation

Eurofound (2005), Zehnder-Acova, Internal restructuring in France, factsheet number 61231, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61231.