Precon

Type
Internal restructuring
Country
Spain
Region
Location of affected unit(s)
Cataluña (Cervera), Navarra, Galicia, Castilla, León, Castilla La Mancha, Extremadura, Andalusia
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
23.6 - Manufacture of articles of concrete, cement and plaster
23.61 - Manufacture of concrete products for construction purposes
194 jobs
Number of planned job losses
Job loss
Announcement Date
12 July 2012
Employment effect (start)
12 July 2012
Foreseen end date

Description

Precon, a company specialised in the manufacture of concrete, will apply for a Redundancy Procedure affecting 194 employees (31.5% of its entire workforce). The measure is blamed on a drop in the turnover by 65% since the beginning of the crisis.

The company has been implementing an information and consultation process with the employee's representatives since the 27th of June.

Sources

  • 12 July 2012: El País

Citation

Eurofound (2012), Precon, Internal restructuring in Spain, factsheet number 73879, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73879.