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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.29 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
135 jobs Number of planned job losses
Announcement Date
3 April 2013
Employment effect (start)
13 May 2013
Foreseen end date
Description
On April the 3rd 2013, the Commercial Court of La Roche-sur-Yon (Vendée) has decided on the liquidation of the French furniture manufacturer Forège (Treize Septiers). The company had accumulated a debt of 3 million euros despite 2 social plans in 2007 and 2009. A delay of one month was given to Forège to a buyer. The court refused the single offer of a potential buyer and decided the liquidation of the company on the 6th of May. Forège ceased its operations on the 13th of May and all 135 employees were dismissed.
Eurofound (2013), Forège, Bankruptcy in France, factsheet number 75243, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75243.
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