Company/Organisation:
Amtel
Geographic Location
Country:
France
Region:
Pays de la Loire; Ouest
Location of affected unit(s):
Nantes
Company
Sector:
Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed:
600
Employment Effects
Announcement Date:
28-02-2003
Planned Job Reductions min:
350
Planned Job Reductions max:
400
Type of Restructuring:
Bankruptcy/Closure
Employment Effect Start:
01-12-2003
Additional Information
Amtel is looking for a new ownership for his Nantes unit. Director said if no new owner is found by the end of the year, unit could be closed. 400 workers are threatened, the rest, out of 600 workers, will stay at the Amstel R&D division.
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