Type
Internal restructuring
Country
France
Region
Ouest; Poitou-Charentes; Charente
Location of affected unit(s)
La Couronne and Roullet Saint Estèphe (Charente)
Sector
Manufacturing
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17.21 - Manufacture of corrugated paper and paperboard and of containers of paper and paperboard

129 - 132 jobs
Number of planned job losses
Job loss
Announcement Date
28 September 2006
Employment effect (start)
1 November 2006
Foreseen end date
29 December 2006

Description

CEPAP, formerly known as 'Compagnie européenne de papeterie' or 'Papeteries de la Couronne', is a manufacturer of envelopes which employs 504 people in the west of France. It is a subsidiary of Tompla, the Spanish paper packaging group, and announced on 28 September its plans to shed between 129 and 132 of its 504 jobs between November and December 2006 as part of a reorganisation scheme. This plan regards an investment of 2 million euro among other measures aim at tackling the capacity surplus of the European envelope manufacturing, estimated at 25%. Management representatives and trade unions are to meet in the coming days.


Sources

  • 29 September 2006: Les Echos
  • 28 September 2006: La Charente Libre
  • 28 September 2006: AFP

Citation

Eurofound (2006), CEPAP, Internal restructuring in France, factsheet number 64159, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64159.