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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31.0 - Manufacture of furniture
144 jobs Number of planned job losses
Announcement Date
6 January 2012
Employment effect (start)
9 January 2012
Foreseen end date
31 January 2012
Description
On 6 January 2012, the Commercial court of Épinal announced the liquidation of Nevelt, a manufacturer of kitchen and bathroom furniture, which employed 144 people. The company had been placed in receivership in early November.
The Commercial court decided on the liquidation and subsequent job losses due to the lack of take-over offers.
The Works Council is reported to go to court to press for the solution that 144 employees should be hired by the group Windhurst-Parisot, the owner of Nevelt. According to the secretary of the Works Council the group Windhurst Parisot made a commitment in March 2011 to take over Nevelt in case the company failed in receivership.
Sources
9 January 2012: Vosges Matin
7 January 2012: Info eco Lorraine
7 January 2012: Est Républicain
9 January 2012: L'usine Nouvelle
Citation
Eurofound (2012), Nevelt, Bankruptcy in France, factsheet number 72939, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72939.
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