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

650 jobs
Number of planned job losses
Job loss
Announcement Date
10 April 2009
Employment effect (start)
10 April 2009
Foreseen end date
1 September 2009

Description

Treves, a French car components manufacturer, announced that it will close two plants in France (Crepy-en-Valois and Ay) with the consequent loss of about 650 jobs. According to the management, last year Treves revenues decreased by 15%, while in the first quarter of 2009 they plunged by 50%. At the end of February, Treves received EUR 55 million aid from state fund to support car parts manufacturers (FMEA).


Sources

  • 14 April 2009: Les Echos

Citation

Eurofound (2009), Treves, Closure in France, factsheet number 68747, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68747.