EMCC European Monitoring Centre on Change

Abantia

Company/Organisation:
Abantia

Geographic Location

Country: Spain

Company

Sector: Professional services
Legal, accounting, management, architecture, engineering, technical testing and analysis activities
71.12 - Engineering activities and related technical consultancy
Number Employed: 1518
Group: Abantia

Employment Effects

Announcement Date: 16-03-2016
Planned Job Reductions min: 318
Planned Job Reductions max: 318
Type of Restructuring: Internal restructuring
Direct Dismissals: 318

Additional Information

The Spanish engineering group Abantia will implement a labour force adjustment plan affecting 318 workers (around 20% of its entire workforce). The company is currently in the process of insolvency. 171 of the redundancies will occur in Industrial Abantia, 66 in Abantia Installations, 33 in CSC, 33 in Abantia Maintenance and 15 in Abantia Security.  The remaining workers will be able to stay with the company if the sale of the surviving units can be agreed. The Basque company Dominion has presented an offer to buy Abantia. The Court will communicate to the workers if the company administrator of Abantia will accept the offer in the next day.