Restructuring events
European Restructuring Monitor (ERM)
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.
The cement manufacturer LafargeHolcim has announced to its Central works council that it will close two cement factories in France, one at Saint-Vigor near Le Havre (Seine Maritime) and the other at La Couronne (Charente), resulting in a loss of between 149 to 210 employees. At Couronne, about 89 positions from a total of 116 will be cut. The plant is expected to be closed by October 2016. The management will set up a social plan for 28 employees close to the retirement age and will offer internal relocation within the group for 61 employees.
At Saint-Vigor, 121 position will be cut from a total of 152. The final number of dismissals will depend on the number who apply for an internal relocation.
Both sites will be transformed into grinding stations and will import clinker from Spain and Greece. This announcement is denounced by unions which point out that the group promised the merger between Lafarge and Holism in 2015 would not lead to plant closures. The management explained its decision through over-capacities of cement production in France.
In May 2015, just before the merger with Holcim, Lafarge announced the loss of 166 positions in France, mainly at its headquarters.
Eurofound (2016), LafargeHolcim, Closure in France, factsheet number 86485, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86485.
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