Type
Internal restructuring
Country
Spain
Region
Noreste; País Vasco; Álava
Location of affected unit(s)
Llodio
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.1 - Manufacture Of Glass And Glass Products

80 jobs
Number of planned job losses
Job loss
Announcement Date
27 November 2023
Employment effect (start)
1 January 2024
Foreseen end date

Description

The glass packaging manufacturer Vidrala has announced that it will close one of three furnaces at its manufacturing plant in Llodio, Alava, Basque Country, leading to the loss of 80 jobs.

This furnace was classified as non-competitive and its closure has been accelerated by a weakness in demand and rising costs, especially energy costs. The measure will affect a total of 80 workers, namely 25% of the total jobs at the Llodio manufacturing plant, 320 workers. Vidrala has communicated the adjustment to the trade unions and will negotiate these departures through non-traumatic measures, such as voluntary redundancies.

Vidrala has manufacturing plants in Spain, Portugal, Italy and United Kingdom.


Sources

Citation

Eurofound (2023), Vidrala Aiala Vidrio, Internal restructuring in Spain, factsheet number 200562, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200562.