Type
Bankruptcy
Country
France
Region
Location of affected unit(s)
Wingles (Pas-de-Calais), Roubaix (Nord), Tremblay en France (Seine-Saint-Denis)
Sector
Manufacturing
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Fabricated Metal Products, Except Machinery And Equipment
25 - Manufacture of fabricated metal products, except machinery and equipment

146 jobs
Number of planned job losses
Job loss
Announcement Date
13 February 2015
Employment effect (start)
1 March 2015
Foreseen end date
31 March 2015

Description

The Commercial Court of Bobigny has declared the bankruptcy of Brochot. As a result, it is to close its three sites in Wingles, Roubaix and Tremblay and dismiss its 146 employees. The company, specialized in the manufacturing of equipment for non-ferrous metals, was placed in receivership in December, 2014. The company also has a subsidiary, Réalisations Inox Carbonne (RIC), in Dunkirk that employs about 15 employees, which will not be liquidated. Brochot has been experiencing financial difficulties due to a decline in orders from its customers in customers in China, Russia and various Middle-Eastern countries. 


Sources

  • 18 December 2015: La Voix du Nord
  • 17 February 2014: La Voix du Nord

Citation

Eurofound (2015), Brochot, Bankruptcy in France, factsheet number 78451, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78451.