EMCC European Monitoring Centre on Change

Navan carpets

Company/Organisation:
Navan carpets

Geographic Location

Country: Ireland
Region: Border; Border, Midland and Western

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13.93 - Manufacture of carpets and rugs
Number Employed: 200

Employment Effects

Announcement Date: 30-06-2003
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 200

Additional Information

The company has been based in Navan since 1938. The company blamed the closure on a substantial drop in exports - particularly to America. It would seem that the workforce will receive no more than the statutory redundancy terms of two weeks pay per year of service.