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 (26 - 27) Manufacture of electrical, electronic and optical products 26.7 - Manufacture of optical instruments, magnetic and optical media and photographic equipment 26.70 - Manufacture of optical instruments, magnetic and optical media and photographic equipment
133 jobs Number of planned job losses
Announcement Date
8 October 2014
Employment effect (start)
20 October 2014
Foreseen end date
30 November 2014
Description
3S Photonics, a manufacturer of components and modules used in fiber-optic communications and fiber lasers has been liquidated on 20 October 2014 following the decision of the commercial court of Evry. A competitor, Keopsis (57 employees) took over the site in Lannion and 39 employees on a total of 46. Till now there is no information if the rest of the sites will be taken over and is assumed that all the rest 133 employees were dismissed.
Sources
5 November 2014: Bulletin officielle des annonces civiles et commerciales
8 October 2014: Le Télégramme
Citation
Eurofound (2014), 3S Photonics, Bankruptcy in France, factsheet number 77827, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77827.