Type
Bankruptcy
Country
France
Region
Bassin Parisien; Basse-Normandie; Orne
Location of affected unit(s)
Alencon
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.10 - Manufacture of motor vehicles

183 jobs
Number of planned job losses
Job loss
Announcement Date
28 January 2014
Employment effect (start)
3 February 2014
Foreseen end date
24 February 2014

Description

Coach manufacturer Carrier is bankrupt and will make all of its 183 employees redundant. The company’s liquidation was approved by commercial court of Alençon.

The company was placed in receivership on 4 November 2013 but failed to find a buyer until January 2014. According the management, the company has lost EUR 7 million in the past two last years with a turnover of about EUR 21 million.

The company’s production reached about 350 to 400 coaches per year.


Sources

  • 28 January 2014: Usine Nouvelle

Citation

Eurofound (2014), Carrier, Bankruptcy in France, factsheet number 76539, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76539.