EMCC European Monitoring Centre on Change

Gestamp

Company/Organisation:
Gestamp

Geographic Location

Country: Spain
Region: Vizcaya; País Vasco; Noreste
Location of affected unit(s): Zamudio (Vizcaya) and Madrid

Company

Sector: Manufacturing
Manufacture of transport equipment
29.32 - Manufacture of other parts and accessories for motor vehicles
Number Employed: 6000
Group: Gestamp

Employment Effects

Announcement Date: 29-09-2020
Planned Job Reductions min: 230
Type of Restructuring: Closure
Direct Dismissals: 230

Additional Information

Gestamp, the Spanish multinational automotive engineering company, has announced the closure of two of its centers of its subsidiaries GTS and Matricería Deusto in Zamudio (Vizcaya), affecting 230 workers. The company ensures that these closures are part of its reorganisation plans due to the cCOVID-19 crisis, which has impacted the automotive sector. The restructuring plan in Spain will affect workers at the tooling facilities (mainly in Vizcaya), but also office workers in Madrid.

Workers of GTS and Matricería Deusto have organised protests before the Basque Parliament in Vitoria asking the Minister of Economic Development to demand that the Gestamp group not close these plants. However, Gestamp assures to maintain its commitment to the electric car, announcing an investment of €17 million in the AIC research complex in Amorebieta (also in Vizcaya) for a laboratory dedicated to battery-powered vehicles.

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