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.
Montataire (Oise), Mardyck (Nord) and Dunkerque (Nord)
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Basic Metals 24.5 - Casting of metals
1,080 jobs Number of planned job losses
140 jobs Number of planned job creations
Announcement Date
31 October 2003
Employment effect (start)
Foreseen end date
1 December 2006
Description
Sollac Atlantique, subsidiary of Arcelor, announced a restructuring plan affecting 600 workers by the end of 2006. Three plants are affected by the measure: Montataire (Oise) where 500 jobs will be dismissed, Mardyck (Nord) where 180 jobs will be dismissed, and Dunkerque (Nord) where 400 jobs will be dismissed. On the other hand, 140 jobs will be created on those three plants in order to exploit the industrial tools.
Sources
31 October 2003: Les Echos
Citation
Eurofound (2003), Sollac Atlantique, Internal restructuring in France, factsheet number 58931, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58931.
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