Internal restructuring
Centro; Extremadura; Badajoz
Location of affected unit(s)
Jerez de los Caballeros
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.52 - Casting of steel

237 jobs
Number of planned job losses
Job loss
Announcement Date
4 May 2010
Employment effect (start)
1 July 2010
Foreseen end date
1 December 2010


Siderúrgica Balboa has presented an employment regulation file for 237 employees at its Jerez de los Caballeros (Badajoz) plant. The factory specialises in the production of corrugated steel, mainly for use in construction. In a press release, the company has said that "the employment regulation file is essential to ensure the company's survival". The centre at Jerez has 900 staff.

The company's works council and the Estremaduran labour authority have been informed of the employment regulation file. As part of its explanation of the reasons for the dismissals, the company stated that the market for corrugated steel has suffered a drop of 50% since the end of 2007 and continues to decline in 2010. In June 2009, the company requested a one-year suspended employment regulation file for 270 contracts.


  • 4 May 2010: Cinco Días


Eurofound (2010), Siderúrgica Balboa, Internal restructuring in Spain, factsheet number 70584, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70584.