Company/Organisation:
Indelma
Geographic Location
Country:
Portugal
Region:
Lisboa; Continente
Company
Sector:
Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Group:
Siemens
Employment Effects
Announcement Date:
06-03-2003
Planned Job Reductions min:
1400
Planned Job Reductions max:
1400
Type of Restructuring:
Bankruptcy/Closure
Employment Effect Start:
01-01-2003
Foreseen End Date:
01-03-2003
Direct Dismissals:
1400
Additional Information
Indelma closed down and dismissed 1400 workers, 600 workers in the Seixal and 800 in the Benavente factory. The company had governmental support in 1991, 1992 and 2001. All of its activities were relocated to Lithuania.
Sources:
06-03-2003CGTP