EMCC European Monitoring Centre on Change

TIM

Company/Organisation:
TIM

Geographic Location

Country: France
Region: Nord; Nord - Pas-De-Calais
Location of affected unit(s): Quaëdypre

Company

Sector: Manufacturing
Manufacture of transport equipment
29.20 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
Number Employed: 304
Group: Atlas

Employment Effects

Announcement Date: 27-11-2019
Planned Job Reductions min: 304
Planned Job Reductions max: 304
Type of Restructuring: Bankruptcy
Employment Effect Start: 01-12-2018
Foreseen End Date: 31-12-2019
Direct Dismissals: 304

Additional Information

The Commercial Court of Lille has pronounced the judicial liquidation of the manufacturer of construction machinery cabins TIM, which employs 304 people at Quaëdypre (Nord). As the Court decided the liquidation without continuing activity, the 304 workers will be immediately dismissed. The only company that had for a time considered taking over the site and the activity, as well as 40 employees, had finally withdrawn its offer. The company, which was in serious financial difficulties, had been placed in receivership at the end of August. It had already escaped liquidation for the first time in July 2017, before being taken over by the German construction machinery company Atlas GMBH.

Employees expressed anger about this closure, ten of them (CGT and FO) announced that they had filed a complaint against against persons unknown for fraud.

A restructuring was announced in 2016, with 100 to 125 job cuts on a total of 636 employees

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