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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
119 jobs Number of planned job losses
Announcement Date
1 July 2006
Employment effect (start)
Foreseen end date
Description
Manaut, a family company that manufactures components for central heating and steel components for bicycles, announced on 1 July 2006 that it is going to close its centre in Martorelles (Barcelona-Cataluña). There are not news yet about the date of the closure but 119 employees will be dismissed. The company management has informed that the reason for the closure is the 7 million euro losses that the company has had in the last three years.
Sources
1 July 2006: El País
Citation
Eurofound (2006), Manaut, Closure in Spain, factsheet number 63752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63752.
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