Type
Closure
Country
Spain
Region
Noreste; Aragón; Huesca
Location of affected unit(s)
Barbastro
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

407 jobs
Number of planned job losses
Job loss
Announcement Date
6 December 2002
Employment effect (start)
1 December 2002
Foreseen end date

Description

The management of Moulinex has communicated to the Labour Representatives the closure of the production plant in Barbastro although the plant shows to be 40 % more profitable than the other European production plants of the group. The formal reason is that it cannot compete with the group's production costs in China. The company does not have the intention of closing the French production plants.


Sources

  • 21 April 2004: El País
  • 6 December 2002: Expansión

Citation

Eurofound (2002), Moulinex, Closure in Spain, factsheet number 60330, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60330.