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 Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20.42 - Manufacture of perfumes and toilet preparations
112 jobs Number of planned job losses
Announcement Date
11 September 2009
Employment effect (start)
24 October 2009
Foreseen end date
24 November 2009
Description
Pivaudran, a producer of metal bottles for perfumes and cosmetics, has announced the loss of 112 jobs out of a total 287 in Souillac-sur-Dordogne between October and November 2009. The redundancies are part of a restructuring plan that was announced by the company's CEO. Restructuring is necessary due to a drop in orders and competition from Asian companies. In August 2009, the commercial court of Cahors decided to place Pivaudran under safeguard procedure.
Eurofound (2009), Pivaudran, Internal restructuring in France, factsheet number 69866, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69866.
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