World Wide Tobacco- Agroexpansión S.A.

Type
Closure
Country
Spain
Region
Centro (ES); Extremadura; Cáceres
Location of affected unit(s)
Benavente ( Zamora, Castilla, León), Malpartida ( Caceres, Extremadura)
Sector
Manufacturing
(12) Manufacture of tobacco products
12 - Manufacture of tobacco products
12 - Manufacture of tobacco products
250 - 265 jobs
Number of planned job losses
Job loss
Announcement Date
2 December 2005
Employment effect (start)
Foreseen end date

Description

Agroexpansión S.A. based in Caceres ( Extremadura) and World Wide Tobacco (Zamora, Castilla Y León) belong to the Consortium AOI (Alliance One International) and are specialised in the production of tobacco. The Consortium AOI has taken the decision to close both centres resulting in the creation of 250 to 265 redundancies. The decision of the Consortium has been taken in order to adapt the company to the new rules within the common market regulation of the sector.

Sources

  • 2 December 2005: El País

Citation

Eurofound (2005), World Wide Tobacco- Agroexpansión S.A., Closure in Spain, factsheet number 62590, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62590.