EMCC European Monitoring Centre on Change



Geographic Location

Country: France
Location of affected unit(s): Saint-Yorre (Allier)


Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 310
Group: Vetroarredo

Employment Effects

Announcement Date: 02-02-2004
Planned Job Reductions min: 223
Planned Job Reductions max: 223
Type of Restructuring: Offshoring/Delocalisation
Foreseen End Date: 01-05-2004

Additional Information

Sediver, specialised in the manufacture of electric insulators, has announced the closure of its Saint-Yorre site, following the building of a factory in China. The closure will make 286 people redundant. These redundancies add up in the Vichy region to the job losses following the restructuring of Giat. Local authorities have decided to engage in 'a judiciary battle'. In April 2004, the workers' representatives were trying to find a take over bid themselves and appealed to diverse political authorities in order to save the company. In February 2005, the Tribunal refused to accept the restructuring measures. Finally, the industrial tribunal ordered Sediver to reinstate 63 workers out of the 286 redundancies.