The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Textiles 13 - Manufacture of textiles
316 jobs Number of planned job losses
Announcement Date
10 March 2004
Employment effect (start)
1 March 2004
Foreseen end date
1 March 2004
Description
Galler Textiles is part of the Dutch group Fenway who lost 9 million dollars last year. The factory is offering 20 days of salary per year of work as indeminisation.
Sources
10 March 2004: ExpansiĆ³n
Citation
Eurofound (2004), Galler Textiles, Closure in Spain, factsheet number 59733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59733.