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.
Beaucourt (Territoire de Belfort), Bessines-sur-Gartempe (Haute-Vienne), La Souterraine (Creuse)
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
140 jobs Number of planned job losses
Announcement Date
23 May 2006
Employment effect (start)
Foreseen end date
29 December 2006
Description
The acquirer of three French sites owned by Wagon Automotive plans to cut 140 jobs out of 800 in total at the factories. According to union sources, most seriously affected by the cuts will be the factory at Beaucourt (Territoire de Belfort), where 100 jobs will go. The other two sites are at Bessines-sur-Gartempe (Haute-Vienne) and La Souterraine (in Creuse).
Sources
24 May 2006: Les Echos
Citation
Eurofound (2006), Wagon Automotive, Merger/Acquisition in France, factsheet number 63538, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63538.
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