EMCC European Monitoring Centre on Change



Geographic Location

Country: France
Region: Languedoc-Roussillon; Méditerranée
Location of affected unit(s): Canet-en-Roussillon (Pyrénées-Orientales)


Sector: Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment
Number Employed: 283

Employment Effects

Announcement Date: 03-02-2003
Planned Job Reductions min: 100
Planned Job Reductions max: 136
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 36

Additional Information

The company is under compulsory administration since February 2003, due to the failure of bank credit, has confirmed a social plan affecting 100 jobs, in case of the company would not be placed under legal liquidation. 36 workers have yet been dismissed.