EMCC European Monitoring Centre on Change



Geographic Location

Country: Belgium
Region: Arr. Verviers; Prov. Liège; Région Wallonne
Location of affected unit(s): Eupen


Sector: Transportation / storage
Transportation and storage
49.4 - Freight transport by road and removal services
Group: Frans Maas

Employment Effects

Announcement Date: 01-09-2003
Planned Job Reductions min: 106
Planned Job Reductions max: 106
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 106

Additional Information

CEO announced to trade unions the loss of a contract with Volvo-Germany which accounted for 40% of the sales turnover. The group Frans Maas sought 10 days a reprenor then decided to set in motion the procedure of closing known as "Renault". 106 workers are affected.