Type
Closure
Country
France
Region
Bassin Parisien; Centre; Eure-et-Loir
Location of affected unit(s)
Dreux
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

320 jobs
Number of planned job losses
Job loss
Announcement Date
17 September 2008
Employment effect (start)
1 June 2008
Foreseen end date
30 September 2008

Description

French car equipment manufacturer Klarius, specialized in the manufacture of exhaust systems and catalysts, announced the closure of its factory in Dreux (Eure-et-Loire) on 30 September 2008. The commercial Court of Nanterre, near Paris, announced that it rejected proposals to repurchase Klarius, submitted by several companies. The Court considered the conditions to be insufficient and decided that the company, which employs 320 people, would have to stop its activity on 30 September.

Klarius had bought the plant Rosi last year. Specializing in the manufacture of exhaust systems and catalysts, the company had been in liquidation since March 2008.

80 jobs have already been cut in June. The economic situation of the sector and the company's financial situation did not allow the company to pursue its activity. Employees are highly affected by this decision and one person committed suicide on 22 September 2008.


Sources

  • 20 September 2008: La R├ępublique du Centre
  • 19 September 2008: Usine Nouvelle
  • 17 September 2008: AFP
  • 22 September 2008: AFP
  • : (www.usinenouvelle.com)
  • : (www.larep.com)

Citation

Eurofound (2008), Klarius, Closure in France, factsheet number 67113, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67113.