EMCC European Monitoring Centre on Change

Essef Décors Muraux

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Company/Organisation:
Essef Décors Muraux

Geographic Location

Country: France
Region: Oise; Picardie; Bassin Parisien
Location of affected unit(s): Balagny-sur-Thérain

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
17 - Manufacture of paper and paper products
Number Employed: 224

Employment Effects

Announcement Date: 15-09-2004
Planned Job Reductions min: 71
Type of Restructuring: Internal restructuring

Additional Information

Essef Décors Muraux, manufacturer of wallpaper, will shed 71 of its 224 employees on its site of Balagny-sur-Thérain (Oise). The company is suffering from the general drop of consumption of wallpapers, due to the growing success of new paints. The company’s turnover passed from € 43 million in 1995 to € 21 million in 2003.
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