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 Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.44 - Copper production
120 jobs Number of planned job losses
Announcement Date
30 June 2011
Employment effect (start)
Foreseen end date
Description
KME Locsa, a manufacturer of copper and zinc alloy products, has presented a redundancy procedure for all 120 workers at its site in Córdoba. The unions have rejected the procedure. Currently, the Labour Authority is considering the case.
KME Locsa was founded in 1993 and is a subsidiary of the Italian multinational KME. KME is a pan-European industrial group with a leading position in the global market for copper and copper alloy products. It has a workforce of about 6,700 employees in 16 countries.
Sources
30 June 2011: Diario de Córdoba
Citation
Eurofound (2011), Locsa, Closure in Spain, factsheet number 72141, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72141.
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