EMCC European Monitoring Centre on Change

Viasystems

Company/Organisation:
Viasystems

Geographic Location

Country: France
Region: Eure; Haute-Normandie; Bassin Parisien
Location of affected unit(s): Déville-lès-Rouen

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 413

Employment Effects

Announcement Date: 21-08-2002
Planned Job Reductions min: 275
Planned Job Reductions max: 413
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-08-2002
Foreseen End Date: 01-01-2004
Direct Dismissals: 275

Additional Information

Viasystems, under compulsory administration since October 2002, is looking for a partner in order to finalise the conservation of the 138 jobs. The workers left will run the activities for the two major clients until a solution is found for the company. In August 2003, the court of Rouen approved the sell of the Viasystems' factory to Paris-Nord Electronique. 45 new job losses (early retirement) are also announced.