EMCC European Monitoring Centre on Change

Cementos Portland

Company/Organisation:
Cementos Portland

Geographic Location

Country: Spain

Company

Sector: Manufacturing
Manufacture of rubber and plastics products, and other non-metallic mineral products
23.51 - Manufacture of cement
Group: FCC

Employment Effects

Announcement Date: 19-09-2012
Planned Job Reductions min: 250
Planned Job Reductions max: 250
Type of Restructuring: Internal restructuring
Direct Dismissals: 30
Other Job Reduction Measures: 160

Additional Information

Manufacturer of cement, Cementos Portland, has applied for a Redundancy Procedure affecting 250 employees. Negotiations with the unions have been opened on the 25th of September.

According to the initial agreement, which must still be confirmed, 160 employees over 58 years old will be offered early retirement. They will be offered compensation of 30 days per year worked for those who have been working for the company for over 28 years and 28 days per year worked for the rest. 60 employees will be relocated and the contracts of 30 employees will be terminated. They will be offered compensation according to the time worked for Cementos Portland.