Type
Bankruptcy
Country
France
Region
Ouest; Pays de la Loire; Sarthe
Location of affected unit(s)
Sablé
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

280 jobs
Number of planned job losses
Job loss
Announcement Date
8 July 2009
Employment effect (start)
Foreseen end date
8 July 2009

Description

SME, a manufacturer of parts of structures based in Sablé in western France, has gone bankrupt and, on 8 July 2009, dismissed 280 employees.

The SME family had lost several large contracts. In June, the employees were on strike.


Sources

Citation

Eurofound (2009), Metalform, Bankruptcy in France, factsheet number 69253, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69253.