Seg-Samro

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Fontenay-le-Comte (Vendée), Nort-sur-Erdre (Loire Atlantique), Babigny (Loire)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29 - Manufacture of motor vehicles, trailers and semi-trailers
29 - Manufacture of motor vehicles, trailers and semi-trailers
109 jobs
Number of planned job losses
Job loss
Announcement Date
19 August 2009
Employment effect (start)
1 September 2009
Foreseen end date
30 September 2009

Description

French truck-trailer maker Samro has announced that the group plans to cut 109 jobs (out of 473 employees) in September.

The lay-offs will concern the employees of three facilities in France, operated by subsidiary Seg-Samro -- in Fontenay-le-Comte, Baligny and Nort-sur-Erdre.

These moves have been prompted by a significant slowdown in revenue. Sales fell to EUR 35 million in the first half of 2009, from year-earlier EUR 95 million. Samro closed 2008 with a EUR 160 million revenue, 30% of which was generated abroad.

Sources

Citation

Eurofound (2009), Seg-Samro, Internal restructuring in France, factsheet number 69410, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69410.