Type
Closure
Country
France
Region
Sud-Ouest; Aquitaine;
Location of affected unit(s)
Bayonne (Sud Ouest)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

350 jobs
Number of planned job losses
Job loss
Announcement Date
9 April 2002
Employment effect (start)
Foreseen end date

Description

In March 2003, the Court of Bayonne sentenced Ruwel to a 5.5 million euros fine, considering the lay offs to be without real or serious cause. Being already liquidated, this fine may only affect Ruwel indirectly.


Sources

  • 9 March 2004: Les Echos

Citation

Eurofound (2002), Ruwel, Closure in France, factsheet number 59058, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59058.