EMCC European Monitoring Centre on Change

Comerama

Company/Organisation:
Comerama

Geographic Location

Country: Ireland
Region: Border, Midland and Western

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Number Employed: 190
Group: Indorama Inc.

Employment Effects

Announcement Date: 30-06-2003
Planned Job Reductions min: 190
Planned Job Reductions max: 190
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-09-2003
Foreseen End Date: 01-09-2003
Direct Dismissals: 190

Additional Information

Comerama, which is located in Donegal, went into receivership, and had been in trouble for some time, a indication of the serious problems facing the clothing and textile industry in Ireland. Earlier this year, the workforce rejected an 8% pay cut, which management had proposed in a bid to save the plant. Last December, Comerama's sister plant in Kilkenny closed with the loss of 160 jobs.