EMCC European Monitoring Centre on Change

Venca

Company/Organisation:
Venca

Geographic Location

Country: Spain
Region: Barcelona; Cataluña; Este
Location of affected unit(s): Vila Nova i la Geltrú

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
13 - Manufacture of textiles
Number Employed: 473
Group: Venca

Employment Effects

Announcement Date: 18-10-2011
Planned Job Reductions min: 86
Planned Job Reductions max: 86
Type of Restructuring: Internal restructuring
Direct Dismissals: 86

Additional Information

The textile enterprise Venca has applied for a redundancy procedure affecting 86 employees (18% of its workforce). The redundancies will affect all business areas (e.g. logistic, customer services). The measure is  due to a drop in sales.