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 Food And Beverage Manufacture Of Food Products 10.81 - Manufacture of sugar
195 jobs Number of planned job losses
Announcement Date
4 May 2006
Employment effect (start)
31 July 2006
Foreseen end date
Description
On 4 May 2006 ARJ (Azucareras Reunidas de Jaén), one of the five sugar industries in Andalucia, announced the closure of its factory in Jaen. This factory produces about 22 tones of sugar.
The redundancy procedure will affect 195 employees, 186 belonging to the factory of Jaen and 9 belonging to the central office in Madrid. ARF plans to reestructure this factory into a biodiesel production plant and a sugar packaging one, where the rest of employees will be relocated (54 employees in Jaen, 12 in Madrid). These plants are not in operation yet.
ARJ has presented an application form to participate in the reestructuring aid scheme of the OCM (Common Market Organization).
Sources
31 July 2006: El País
5 May 2006: El País
Citation
Eurofound (2006), ARJ, Closure in Spain, factsheet number 63833, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63833.
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