EMCC European Monitoring Centre on Change

Marina d'Or

Marina d'Or

Geographic Location

Country: Spain
Region: Castellón / Castelló; Comunidad Valenciana; Este
Location of affected unit(s): Castellon


Sector: Construction
42 - Civil engineering
Number Employed: 1170

Employment Effects

Announcement Date: 27-10-2008
Planned Job Reductions min: 214
Planned Job Reductions max: 214
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-01-2009
Foreseen End Date: 31-03-2009
Direct Dismissals: 214

Additional Information

The property and leisure group Marina d'Or is to let go of 214 employees at Castellon in Spain, from its 1,200 strong workforce. The company has presented two Records of Employment Regulation (ERE) that affect 214 employees. The redundancies have been justified by the reduction in activity in construction.