Type
Bankruptcy
Country
Spain
Region
Este; CataluƱa; Barcelona
Location of affected unit(s)
L'Hospitalet de Llobregat
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

130 jobs
Number of planned job losses
Job loss
Announcement Date
29 October 2003
Employment effect (start)
1 November 2003
Foreseen end date
1 November 2003

Description

Ferraz Shawmut, subsidiary of Carbone Lorraine a french bankrupted company, announced the closure of its activities, affecting 130 jobs. The reasons are a 20% decrease of their orders for the next months.


Sources

Citation

Eurofound (2003), Ferraz Shawmut, Bankruptcy in Spain, factsheet number 59452, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59452.