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 (12) Manufacture of tobacco products 12 - Manufacture of tobacco products 12 - Manufacture of tobacco products
250 - 265 jobs Number of planned job losses
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.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...