EMCC European Monitoring Centre on Change

Indelma

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.