Internal restructuring
Location of affected unit(s)
Algeciras (Cádiz) Amorebieta (Vizcaya) Sarriá de Ter y Sant Joan Les Fonts (Gerona)
Manufacture Of Wood And Paper Materials
Manufacture Of Paper And Paper Products
17 - Manufacture of paper and paper products

400 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2008
Employment effect (start)
1 December 2008
Foreseen end date
27 February 2009


Torraspapel has reported a layoff plan for 400 people which will involve the closure of factories in Algeciras (Cádiz) and Amorebieta (Vizcaya). The adjustment includes around a hundred jobs in another two centres which the company has in Gerona (Sarriá de Ter and Sant Joan Les Fonts). The company has a total payroll of 3,000 workers spread around eight factories. The company confirmed the restructuring in a press release justifying it on the basis of a fall in demand and orders.The paper company says that the structural crisis of the paper sector in the world and the current economic situation "have obliged the company to take this decision" which was reported days ago to the workers’ representatives.


  • 6 November 2008: Cinco Días


Eurofound (2008), Torraspapel, Internal restructuring in Spain, factsheet number 67657, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67657.