EMCC European Monitoring Centre on Change

Navantia

Company/Organisation:
Navantia

Geographic Location

Country: Spain
Location of affected unit(s): Ferrol, Fene, Cádiz, Puerto Real, San Fernando and Cartagena.

Company

Sector: Manufacturing
Manufacture of transport equipment
30.11 - Building of ships and floating structures

Employment Effects

Announcement Date: 04-12-2018
Planned Job Reductions min: 2200
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2019
Foreseen End Date: 31-12-2022
Planned Job Creation: 1658
Other Job Reduction Measures: 2200

Additional Information

Navantia, a Spanish public company that manufactures military ships and high-tech civilian ships, has informed the union representatives about an investment plan of €95 million per year until 2022 for the digital transformation and optimisation of the shipyards. This investment is expected to create up to 1,658 new jobs until 2022. On the other hand, the company's plan implies early retirements for 2,200 workers, who have been in the company for more than five years and are above 61 years old. The company and the representatives of the workers have laid the foundations to create a collective agreement, which will be the first one in the history of the company.

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