EMCC European Monitoring Centre on Change

ZF Systemes de Direction Nacam

Company/Organisation:
ZF Systemes de Direction Nacam

Geographic Location

Country: France
Region: Loir-et-Cher; Centre; Bassin Parisien
Location of affected unit(s): Vendôme

Company

Sector: Manufacturing
Manufacture of transport equipment
29.3 - Manufacture of parts and accessories for motor vehicles
Number Employed: 791
Group: ZF Friedrichshafen

Employment Effects

Announcement Date: 29-11-2009
Planned Job Reductions min: 133
Planned Job Reductions max: 133
Type of Restructuring: Bankruptcy/Closure

Additional Information

The German car part manufacturer ZF Nacam will dismiss 133 out of 791 employees from its plant in Vendôme. This is the consequence of a €30 million decrease in turnover in 2009. The site specializes in the production of steering shafts. There is no information on when the plan will be implemented.