EMCC European Monitoring Centre on Change

Ruwel

Company/Organisation:
Ruwel

Geographic Location

Country: France
Region: Aquitaine; Sud-Ouest
Location of affected unit(s): Bayonne (Sud Ouest)

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 350

Employment Effects

Announcement Date: 09-04-2002
Planned Job Reductions min: 350
Planned Job Reductions max: 350
Type of Restructuring: Bankruptcy/Closure

Additional Information

In March 2003, the Court of Bayonne sentenced Ruwel to a 5.5 million euros fine, considering the lay offs to be without real or serious cause. Being already liquidated, this fine may only affect Ruwel indirectly.