Bassin Parisien; Picardie; Aisne
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.10 - Manufacture of basic iron and steel and of ferro-alloys

208 jobs
Number of planned job losses
Job loss
Announcement Date
20 April 2016
Employment effect (start)
3 May 2016
Foreseen end date
30 June 2016


In January 2016, the management of the steel company NLMK Coating, a subsidiary of a Belgian company owned by the Russian group NLMK, announced its intention to close the facilities at Beautor (Aisne) in the Picardie region in the north of the Parisian region. According to French legislation, management has three months after the announcement to try to find a buyer for the company, before it is allowed to close. However, despite some initial interest, this period has lapsed without a successful purchase. Subsequently, a social plan was signed with the representative unions in April 2016 and 208 employees were dismissed. According to the plan, former employees are entitled to a reemployment leave scheme for up to 12 months to enable them to benefit from training and the services offered by an external consulting body while searching for new employment. Employees will continue to receive 78% of their net salary during this leave, and are entitled to unemployment allowance for two or three years, depending on age criteria. The plant is specialised in flat carbon steel processing (electro-galvanized steel). According to the union CFDT, the plant has cumulated losses of about €42 million over the last 5 years, mainly due to a decline in orders from car manufacturers which used to make up significant portions of the company's revenue (up to 90%) Furthermore, the plant has to deal with sharp competition from Chinese steel products. The closure of the plant has also reportedly contributed to the loss of a further 14 jobs due to the closure of Sotrasi, a subcontractor working exclusively for NLMK to handle the packing and loading of waggons. 


  • 20 January 2016: L'Aisne Nouvelle
  • 20 May 2016: L'Aisne Nouvelle


Eurofound (2016), NLMK Coating, Closure in France, factsheet number 87613, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87613.