The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27.51 - Manufacture Of Electric Domestic Appliances
655 jobs Number of planned job losses
Announcement Date
16 December 2024
Employment effect (start)
5 January 2025
Foreseen end date
2 June 2025
Description
The appliance manufacturer BSH Electrodomésticos (manufacturer of Balay, Bosch, Siemens, Gaggenau and Neff), will close its factory in Esquíroz (Navarra), where it employs 655 workers in two plants. Its intention is to cease activity in the next six months. The Esquiroz factory, dedicated to refrigerators and compact dishwashers, is one of the five production centres that BSH has in Spain.
Company sources indicate that, given the difficult market situation, and after a period of reflection and exhaustive analysis, the legal representation of the workers has been informed this Monday of the intention to initiate the closure process. The reasons given by the company refer to the lack of competitiveness of the Esquíroz plant, despite the numerous improvement measures carried out.
With 4,400 employees in Spain, BSH Electrodomésticos manufactures around 4 million parts a year in Spain, half of which are exported.
Eurofound (2024), BSH Electrodomésticos, Closure in Spain, factsheet number 202109, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202109.
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