EMCC European Monitoring Centre on Change

Volvo Powertrain

Company/Organisation:
Volvo Powertrain

Geographic Location

Country: Spain
Region: Comunidad de Madrid

Company

Sector: Manufacturing
Manufacture of transport equipment
29.2 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
Number Employed: 172
Group: Volvo

Employment Effects

Announcement Date: 28-11-2013
Planned Job Reductions min: 142
Planned Job Reductions max: 145
Type of Restructuring: Closure
Direct Dismissals: 145

Additional Information

Volvo Powertrain, manufacturer of crankshaft for motor vehicles, will close its plant in Leganes (Madrid), making up to 145 staff redundant. To date, it is unclear whether the remaining 28 workers will be dismissed too.

The measure is due to the company’s decision to assemble the entire crankshaft production in Sweden. The company has offered the workers committee to transfer some of the workers to Sweden and France.

During the negotiations, the company offered to compensate dismissed workers equal to 43 days per year worked up to a maximum of 38 months, and early retirement plans for workers older than 55 years. However, the workers committee has rejected this offer.