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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
850 jobs Number of planned job losses
Announcement Date
13 May 2006
Employment effect (start)
31 July 2006
Foreseen end date
31 January 2007
Description
The group Brandt, a major French manufacturer of electric household appliances, repurchased by the Spanish group Fagor in 2005, may close two production sites of in France (850 jobs), according to trade unions. Before the end of July 2006, the Group should specify its decision on the future of all the French sites. But, in any case, it is certain that 850 jobs will disappear in these two sites before the end of January 2007.
Sources
19 May 2006: El País
Citation
Eurofound (2006), Fagor-Brandt Vendée, Closure in France, factsheet number 63528, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63528.
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