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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
115 jobs Number of planned job losses
Announcement Date
17 May 2005
Employment effect (start)
Foreseen end date
Description
In May 2005, the German electronic firm announced it is to close its Lormont factory in Gironde specialised in ferrite components manufacture. This closure concerns 115 employees and is partly due to the competition from India and Czech Republic.
Sources
17 May 2005: Les Echos
Citation
Eurofound (2005), Epcos, Closure in France, factsheet number 61647, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61647.