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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
104 jobs Number of planned job losses
Announcement Date
18 May 2007
Employment effect (start)
31 August 2007
Foreseen end date
31 August 2007
Description
ISS Logistique et Production, an automobile equipment supplier and the subsidiary company of the British Capital Venture City Bank, announced on 18 May 2007 the closure of its factory in Fleury sur Andelle (Eure). The site, which currently employs 104 people, will close down on 31 August 2007. This decision responds to the loss of contracts with French automobile manufacturer PSA Peugeot-Citroën SA.
Sources
18 May 2007: Usine Nouvelle
21 May 2007: Les Echos
Citation
Eurofound (2007), ISS Logistique et Production, Closure in France, factsheet number 65362, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65362.