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 13.9 - Manufacture of other textiles 13.9 - Manufacture of other textiles
90 - 120 jobs Number of planned job losses
Announcement Date
20 April 2005
Employment effect (start)
Foreseen end date
Description
The company Rodrigo Sancho is specialised in the manufacture of textiles and is based in Canals (Castellón, Valencia). Due to the liberalisation of the textiles sector within the EU the company will present a job reduction plan concerning from 90 to 120 employees (64 % of its workforce).
Sources
20 April 2005: Expansión
Citation
Eurofound (2005), Rodrigo Sancho, Internal restructuring in Spain, factsheet number 61503, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61503.