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 (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
120 jobs Number of planned job losses
Announcement Date
28 October 2008
Employment effect (start)
1 December 2008
Foreseen end date
2 March 2009
Description
Egoki, a Spanish manufacturer of door handles, is to close its plant in Irun with the loss of 120 jobs (80% of its workforce). The firm has attributed the closure to the significant decrease in orders, but the unions blame the management of the company.
Eurofound (2008), Egoki, Internal restructuring in Spain, factsheet number 67293, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67293.