La Naval

Type
Internal restructuring
Country
Spain
Region
Noreste; País Vasco;
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30 - Manufacture of other transport equipment
30 - Manufacture of other transport equipment
150 jobs
Number of planned job losses
Job loss
Announcement Date
25 May 2011
Employment effect (start)
Foreseen end date

Description

The shipyard La Naval, located in the Autonomous Community of the Basque Country (Sestao), has announced the intention to apply for a redundancy procedure affecting 150 employees (41% of the workforce). According to the union CCOO, this announcement was unexpected considering the recent increase in business activities. The company has recently received new orders, which will guaranty the continuation of production activities until March 2013.

Sources

  • 25 May 2011: Cinco Días

Citation

Eurofound (2011), La Naval, Internal restructuring in Spain, factsheet number 71989, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71989.